Is crypto.com investment legit and safe?

[TopT3ns]

I'm familiar with NEXO and Celsius. They are insured by Bitgo and are reputed financial paltforms.
But there's one more crypto.com that's been advertising a lot. They say to give you 8% interest of bitcoin deposits. It's much higher than on Celsius.
But my question is are they even legit? I haven't heard much about them like I did for NEXO and Celsius.

It's better to do your own research about the platform you want to ride or invest for better understanding. Comparing some opinions and information from others might be useful for reference purposes but for me, it is better to give any decision base on your own findings. so that if things go wrong at least you'll be the one to blame and not on others. well, 8% interest is not that big to compromise, but that was only my opinion.

I don't think there is an investment that can guarantee the security of all investments. They will definitely have a time when they will collapse and will give losses to many people who invest there, so you should be careful when you want to invest in any form.

[rdewilde]

Every investment comes with its own risks and that's the truth of it, no matter how attractive the benefits are, always ensure to make your research about the project. Crypto.com used to be known as Monaco and it has been around for some time and still active, with a decent volume and occupying a position on the top 100 on coinmarketcap at least shows the project is legit. Nevertheless, if you want to invest, make sure to carryout your due diligence to know if it suits you, and lastly it's listed on top exchanges.

[coinfinger]

I'm familiar with NEXO and Celsius. They are insured by Bitgo and are reputed financial paltforms.
But there's one more crypto.com that's been advertising a lot. They say to give you 8% interest of bitcoin deposits. It's much higher than on Celsius.
But my question is are they even legit? I haven't heard much about them like I did for NEXO and Celsius.

Lol, I don’t see the difference between what Celsius gives to their customers and what Crypto.com is offering. And fyi crypto.com is a legit platform, they have been around for a long time. When you hold your cryptocurrency in their wallet you will receive 8% annual interest, while in Celsius they offer you 7.5% annual interest weekly. Lol what’s the difference? You can make use of anyone you want, they are all very good. Crypto.com offers more interesting features than other two you have mentioned.

When you get their Visa card, you can shop and get back 5% on every purchase you make. The only thing I don’t like is that their app is having some bugs; I’m referring to Android, don’t know about iOS.

[Odebowa]

Crypto.com wants to replace traditional banks, but they aren't even close to their level. Hell, not even on Coinbase levels. Crypto.com keeps fiat currency of customers in custodian bank accounts that are secured and regulated. If you are a US resident, your USD balances are covered by FDIC insurance, up to US$250,000.
crypto.com is open for all to see and the owner have integrity then it should be a good investment platform. MCO is nothing like Bitconnect. NEXO, Celsius and Crypto.com all are providing a feasible interest on the deposit of users.

[shinratensei_]

Crypto.com wants to replace traditional banks, but they aren't even close to their level. Hell, not even on Coinbase levels. Crypto.com keeps fiat currency of customers in custodian bank accounts that are secured and regulated. If you are a US resident, your USD balances are covered by FDIC insurance, up to US$250,000.
crypto.com is open for all to see and the owner have integrity then it should be a good investment platform. MCO is nothing like Bitconnect. NEXO, Celsius and Crypto.com all are providing a feasible interest on the deposit of users.

I have agreed with all of your opinions above. I have already used crypto.com's card and i never encounter a serious problem. The team is also very active and the development progress if so good.
This one is a legit investment but what makes me feel so bad why MCO is not so good on its performance as crypto.com tokens although both have been issued by the same companies.

[ningrum]

Of course it's very feasible, look at CRO has a position in the top 15 Coinmercap, for me CRO is a big project, you can invest there, but remember, investing in crypto currencies has a high risk, considering that prices are very volatile 

[Jocuserious]

First of all thinking invest is always risky so this is your own risk even after that we can't say 100% legal and safe. By the way this is old names 'Monaco' am i right? I think i know something about this project and so you can invest right now with your own risk. Although the team activity very well so wish luck and wait patiently profits chance.

[danielchris]

Yes, ofcourse crypto. Com is  legit & safe.becaue crypto is believable currency. In the past lot of investors get good earnings. So its place in the heart
of  people .l think so.

[kingzpro]

I think this project was launched long ago perhaps in 2016-17, even then it has good community and hype and its price soared, it was introduced with the name of Monaco but then the team rebranded to crypto.com and also new tokens were introduced, uptill now i rate ot as good project and they are legit but always calculate your risks before investing because online world is full of shocks and you never know when any project closes.

[irixo10]

I think the best way to know how legit a project is, it's by checking the project to know how far it has grown then comparing when the project was launched to its current state to know the changes if good or bad. Also, checking the team to know how active they are will also help in knowing more about the project. Now talking about this project, crypto.com, it is legit when considering when it was launched, how far it has grown and what has been achieved. The team are active and ever ready to work which of course has been seen on the growth of the platform.

[Lagduf]

I think it is now a good time to invest in crypto, it has the lowest price now.

As long as the market is still in the redzone and it's always the best time to invest. Crypto.com is a legit project and i remember there was a big even last day that when you bought $100 worth of crypto.com through debit card and you will get a bonus from there.

[ahyadinnn]

in my opinion all investments are not safe, all have risks so you have to take that risk if you want to invest and I haven't used crypto.com for investment so I haven't been able to give an opinion on whether it's safe or not

[Blue_oxen]

I think this project was launched long ago perhaps in 2016-17, even then it has good community and hype and its price soared, it was introduced with the name of Monaco but then the team rebranded to crypto.com and also new tokens were introduced, uptill now i rate ot as good project and they are legit but always calculate your risks before investing because online world is full of shocks and you never know when any project closes.

Yes! You're right! Even crypto.com is a legit project, it's not completely safe! There's nothing as "safe" in this cryptocurrency market! Always manage your risk before you investing in any projects! That's how you reduce the risk and increase the chance!

[silicastorm]

All investment has a risk factor,,, just look at the S&P, Dow Jones and NASDAQ currently,,,, looks like the biggest ponzi scam ever with all the QE and trillions of dollars being printed to float the rich.

Always do your own research and due diligence,, but I know I am willing to lose what i have invested in Crypto.com should it turn sour.

Staked 50 MCO, waiting on the Ruby credit card to be delivered, took advantage of the ENJ syndicate program currently open and lets see how CRO coin weathers through the next 6 months of this global economic crisis.

Hope i can read this post in 6 months with a smile,,,, good luck and good health to everyone.

*thread subbed*

[qomariah95]

in my opinion all investments are not safe, all have risks so you have to take that risk if you want to invest

Yeah, that's right.
Before we enter this crypto space, surely we already know the future risks when entering crypto. Cannot avoid all existing investment risks. Except reduce the risk. So from that we need risk management, to minimize the risk of investment that we do.

[studio1one]

I'm familiar with NEXO and Celsius. They are insured by Bitgo and are reputed financial paltforms.
But there's one more crypto.com that's been advertising a lot. They say to give you 8% interest of bitcoin deposits. It's much higher than on Celsius.
But my question is are they even legit? I haven't heard much about them like I did for NEXO and Celsius.

The project is definitely legit and their crypto earn works. I used their platform to stake MCO coin for one month term on maturity I received my extra MCOs without any problem.

[Blue_oxen]

in my opinion all investments are not safe, all have risks so you have to take that risk if you want to invest

Yeah, that's right.
Before we enter this crypto space, surely we already know the future risks when entering crypto. Cannot avoid all existing investment risks. Except reduce the risk. So from that we need risk management, to minimize the risk of investment that we do.

LOL! You guys may be misunderstood OP's question. He asked about the legitimation and the accuracy of crypto.com, not the guarantee for his investment. For OP: Yes, crypto.com is definitely accurate, legit, and safe "TO INVEST".

[TanakabZX]

Crypto.com is a legit platform and CRO is a legit token, I've used this platform several times in the past, you are free to proceed though there is not such thing as 'safe' in crypto space, some platforms re safe today and they get compromised the next day, play safe.

[VintageBazaar]

So far so good.

But with ALL Crypto coins/projects, treat them with extreme caution.   Know your profit target, take the money and run once it is hit and never look back.

Safe to say Crypto is No.1 target for hackers around the world, so nothing is safe.

[Atomicc]

From personal experience, (I use it around 6 months in EU), everything works correct. Stacking, earning (up to 20% p.a.), cashback rewards (up to 5%), exchange and syndicate actions (possibility to buy some coins with -50%). For card owners they also have free Netflix, Airport lounge etc...
Even during WIRECARD affair (the issuer of VISA for EU), when cards were blocked, they refund all balance from card in 12 hours until cards start to work again.
They have two legit coins CRO (11th place of all coins) and MCO

What We can say about future:
I really want to believe that this project will be live for a long time. But there is also some doubts, is this possible system for long term. Why?
For example, CRO coin mostly used for stacking on exchange. If You stack at least 10000 CROs on exchange (180 days), You got 20% interest P.A. This is also mandatory for Syndicate actions, and better interest for stacking another coins.
So, while We have a lot of interest for this project system will work...otherwise coin will drop.
MCO coins they use mostly to pay cashback and earnings. You need to stack 50, 500, 5000 or more coins to get cashback VISA cards (2%,3%,4%...). We can not predict the value of this coin, everything depends how many new users We will se here.