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2 different methods to collect and stack the CRO coin for absolutely FREE!
Published by Dan Watson — 03-14-2023 03:03:12 PM
I found this helpful article over at Cryptovantage.comWhat is Cronos?
Cronos, or CRO, is the core coin of the crypto.com exchange. CRO is meant to complement the ecosystem by allowing individuals to opt in to a variety of different tiers of benefits within the Crypto.com ecosystem. CRO will eventually live on its own dedicated blockchain but, for the time being, CRO is an ERC20 token on the Ethereum Blockchain. Crypto.com is known for incremental, and consistent progress.
Crypto.com has an overarching goal of fueling and accelerating mass adoption by creating a seamless cryptocurrency experience. Their complete offering includes buying and selling with government money, trading (exchange), a VISA debit card, lending and borrowing, automated trading, and a non-custodial wallet. The rest of this review will be focused solely on CRO and its viability as a cryptocurrency.
MRUGAKSHEE PALWE|FEB 25, 2022
General Overview
Pros
- High APY interest for staking on exchange
- Discounts on exchange fees
- Opt-in to syndicate event where various cryptocurrencies can be bought at 50% off
- Holding a certain number of CRO offers perks like higher interest rates for staking
Cons
- High APY for staking has people questioning business model
- Coin has little use case outside of the Crypto.com ecosystem
Best Exchange for Buying CRO
Crypto.com Exchange
- One-stop shop for crypto with built-in exchange, app, lending platform, debit card and more
- Native CRO token gives users a huge variety of perks and can be staked for over 10% APY
- Potential for earning high amount of interest when storing digital assets on Crypto.com
- A long-term goal of building cryptocurrency adoption on whole
CRO Ratings
Supply
- Max: 100,000,000,000
Network Speed
- Rating: High (Aiming for 50,000 Tx/s)
Disbursement
- Rating: Medium
- Reason: The token supply for Crypto.com is capped at 30 billion tokens. This is a relatively high number for any cryptocurrency. The first CRO tokens were airdropped on MCO token holders. Since then, Crypto.com has been dispersing CRO tokens to stakers on the crypto.com exchange. Roughly 84% of CRO coins are already in circulation.
Developer Engagement
- Rating: Medium
- Reason: Crypto.com has been consistent with their roadmap. Crypto.com has delivered on incremental product releases since their inception in 2016. Crypto.com publishers API documentation for both their payment portal, and their exchange. Most of the documentation and end products are in their early stages which is why we give CRO a medium developer rating.
Liquidity
- Rating: Low
- Reason: CRO is a relatively new coin. The number of exchanges that offer a CRO trading pair is low. Furthermore, outside of staking, and using it for discounts on the crypto.com exchange, there is not much of a use case. Therefore we give CRO a low liquidity rating.
History of CRO
Crypto.com started in 2016, and ran a successful ICO in 2017 where they launched their now discontinued MCO token. It now appears that Crypto.com has a broader goal of accelerating mass adoption of cryptocurrency. They are focusing on enabling cryptocurrency payments around the world. A large emphasis has been placed on the interaction between the customer and the merchants. Crypto.com gives the ability for both the customer and the merchant to choose the currency they pay and get paid in.
CRO formally got started in December of 2018 with an airdrop through the mobile application. The airdrop lasted 6 months, and was locked for an additional year after. CRO started becoming more open to the public with the launch of the crypto.com exchange. Suddenly owners of CRO were able to stake their coins at 20% APY within the exchange. Since the launch of the exchange in 2020, Crypto.com has piled on a range of different incentives for buying, staking, and spending CRO. The incentives range from access to their syndicate events, to discounts on the exchange.
On August 2nd 2020, Crypto.com discontinued the MCO token in favor of CRO. Holders of the MCO token were able to swap their MCO tokens for CRO tokens at a rate of 1:33. Although the swap caused some outrage amongst the Crypto.com user base, many argue that this was the right business decision moving forward. Any functionality that was previously attributed to the MCO token has since been wrapped into the CRO token. The Crypto.com ecosystem has been massively simplified and all features and perks are received by holding onto the single Crypto.com token: CRO.
In 2022 Crypto.org opted to re-brand the coin as “Cronos” although the CRO ticker remained the same.
Advantages of CRO
The first advantage is the 10-14% APY that users receive for staking the CRO token on the Crypto.com Exchange. The second advantage is by staking your CRO (and earning 10-14% APY) you also gain access to the Crypto.com syndicate events.
The syndicate is a weekly event where Crypto.com offers users the ability to purchase cryptocurrencies at a discounted price, usually 50% off. The third advantage is the tiered discounts on trading fees within the exchange. By staking more CRO, you pay less fees.
Crypto.com VISA Debit Card
The Crypto.com VISA debit card is perhaps the most appealing aspect of the entire Crypto.com ecosystem. The VISA debit card was in fact the platform on which Crypto.com first launched their ICO. There are five tiers of cards available to the public. Users can unlock higher and higher tiers of the VISA debit card by staking more CRO tokens within the Crypto.com mobile application. The bottom tier is free for all users, and offers the users the smallest number of perks. The highest tier requires users to stake an eye-popping $400,000 USD in CRO tokens. All of the benefits of the higher tiers include all the benefits that the lower tiers have, and more.
Free Card
Crypto.com offers a free card to anyone wishing to spend their cryptocurrency. By using the free Crypto.com card, you earn 1% paid in CRO for all purchases. The free card is perfect for anyone wishing to try out the Crypto.com services, and earn a bit of crypto cashback for their purchases.
Ruby Red Card
The real benefits start to build up once you stake some CRO tokens. In order to unlock the Ruby red card, you need to stake $400 in CRO tokens. After staking the tokens, you get a 100% Spotify membership rebate. This rebate is paid in CRO. Lastly, you get double the amount of cashback you get from the free card, 2% cashback on everything.
Jade Green / Indigo Card
The Jade Green / Indigo cards tier starts to be for the more serious investors. In order to unlock this tier, you need to stake $4,000 in CRO. You get to keep the Spotify rebate from the Ruby Red tier. Additionally, you will get a 100% rebate on your netflix subscription. By holding this tier of cards, you will also get free access to an airport lounge located at all major airports. Finally, you get 3% cashback on all your purchases.
Icy White / Rose Gold Card
The Icy White and Rose Gold card is where the benefits are taken to a whole other level. This tier of card comes will all of the benefits explained in earlier cards and more but it requires a stake of $40,000 in CRO. Continuing with the rebates, the Icy White / Rose Gold card will give you a 100% rebate on Amazon Prime. Furthermore, you will get 10% cashback on all Expedia purchases. Crypto.com will award anyone in this tier with a merchandise welcome pack, a bonus 2% interest through Crypto.com Earn, and exclusive access to Crypto.com Private. Crypto.com Private is a service where you may purchase large amounts of cryptocurrency at once, as well as gain access to industry events and research reports. With this tier of card, you may take a friend into the airport lounge, and earn 4% on all your purchases.
Obsidian Black Card
The Obsidian Black card is the highest tier offered by Crypto.com and requires an astronomical stake of $400,000 in CRO. The main differences between the Obsidian Black card and the Icy White card is a couple of travel perks, and an additional 1% cashback (bringing it up to 5%) on all purchases. You get 10% cashback on AirBnB purchases, and you’ll be flying in style. Obsidian Black users get access to a private jet.
Pay with CRO
Crypto.com has an entire service dedicated to helping you spend your CRO. They have signed on a number of various companies to their Pay Program. More than 300 brands, and 300k shops, in 30 countries have been integrated with the Crypto.com Pay program. Each shop or brand offers slightly different cashback options ranging from 1 – 10%. If you will be spending your money anyway, you may as well earn crypto cashback while you’re at it.
Disadvantages of CRO
The disadvantages of CRO have everything to do with its infancy as a project. New projects tend to have low liquidity, limited use case, and incomplete technology. CRO fits these categories. It is too early to tell whether or not CRO will carve out its niche within the broader cryptocurrency market. The biggest disadvantage of CRO is that only one fifth of the total supply is currently in circulation. This creates a lot of uncertainty in the direction of the overall project, and the price of CRO.
Where to Buy CRO
The most obvious place to buy CRO is the crypto.com exchange itself. However, CRO can be bought on a range of other exchanges such as Huobi, or KuCoin.
I found this helpful article over at Cryptovantage.com
You can also do what I do and get CRO for completely FREE! That's right. I never pay one single cent or satoshi for any CRO. I am using a FREE method and strategy to collect and accumulate it and you can do the same thing and also pay no cost for it either!
What you will want to do is after you have signed up for Crypto.com (even if you don't go through the KYC yet) make sure you go to your app store and download the app for your smart phone. The download and setup of the app is identical to pretty much every other app that you have used. Just make sure you follow the prompts and select your 6 digit PIN code as well.
OK, now that you have the app downloaded and set up you will log into the Crypto.com app and look at the top right corner of your screen. You will see a little flag with the word "Missions". This is where you want to go to every time you log into this app. (I recommend you do this once in the morning and once in the evening before you go to bed)
Once you have clicked "Missions" you are going to want to click the box that says "Unlock". This will give you a "diamond". You can then click "Vault" and collect your diamond! You will then have a diamond in your vault. After you do that, you will see a little countdown timer that tells you how long you have to wait before you can come in and unlock another diamond. If you keep up with the timer, you should be able to collect 1 or 2 diamonds each day!
What are you supposed to do with these diamonds? Well, for now, nothing. You simply want them to accumulate in your vault until you hit a certain number of them. This magic number is 25. You are working to get to get to the point where you have 25 diamonds in your vault as quickly as possible. Once you have accumulated at least 25 diamonds, you are going to click on the "Store" tab next to the vault tab.
Once you are in the store, you are going to look for the item that says "Mystery Box". This should be near the top but either way should be easy to find. It should have the price of 25 diamonds listed on it as well. You are going to click this option and purchase this "mystery Box" for 25 diamonds. This mystery box will have an undisclosed amount of CRO inside just for you! And here is the best part...
You can KEEP GOING! You can keep collecting those diamonds, one or two diamonds each and every day until you have 25 diamonds. Each time you cross the 25 diamonds level, go ahead and purchase another mystery box and redeem even more FREE CRO for you to add to what you already have now! We want to make sure and start doing this as soon as humanly possible while the current price of CRO is still extremely low!
Click on the banner below to sign up for Crypto.com right now!
In my personal opinion, This coin could possibly have a very, VERY bright future but it's hard to tell for sure. I know I will be holding a certain amount of CRO in my per own portfolio but I am not spending a dime on it! How am I doing this? Well, I am using the method mentioned above and I am also simply using Dutchy Final Autofaucet to collect tons of it on straight up autopilot! You can use it to collect CRO on autopilot along with over 70 others coins all SIMULTANEOUSLY! All you have to do is click the banner below to get started now!
You can find the video walkthrough I did for these strategies by clicking HERE
That is what will honestly get you that financial freedom you desire. Multiple sources of income all coming in on autopilot. This really allows you the ability to start any new venture you want while simultaneously getting it profitable at a much faster rate. If you are ready to get started, simply click the banner below and register or log in to get started collecting FREE cryptocurrency right now!
Dan Watson and Viral Stacking provide an informational service only and are not responsible for any investments made applying this information. The results described are not typical and are not guarantees of future income. Any investment contains risk and is 100% the responsibility of the investor to assess the risks/rewards involved. It is possible to lose some or all of your investment. We assume no liability assumed or implied for your application of the information shared from the training programs.
I am not a financial advisor and for that reason, nothing I say or write should be taken as financial advice. This information is for informational and entertainment purposes only. I am not the owner of any of the programs mentioned on this website. I am also not connected to the presented websites in any way, shape or form. There is risk involved in trading, mining, lending, staking and investing in cryptocurrency. So any previous payments made by any website or an investment fund do not guarantee that payments will be steady and regular in the future. I am not responsible if a website does not pay out or shut down at anytime. So Join at your own risk. This information is created as per my personal experience. I do not take any responsibility for any losses that may occur. I do not give any financial advise.
Earnings and Income Disclaimer. We make every effort to ensure that we accurately represent these products and services and their potential for income. Earning and Income statements made by its’ customers and/or I are only estimates of what we think you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ by individual. As with any business, your results may vary, and will be based on your individual capacity, business experience and overall desire.
About Dan Watson
Hello! My name is Dan Watson. I have been marketing online for a few years now, although I didn't start having any success recently, I have learned a lot in the past couple years and have grown my team into the hundreds. I love marketing and it is my passion. I simply cannot see myself doing anything else. Please take the time to look around my blog and read some different posts. If you decide that you may want to work with me and let me help you learn how to earn money online as well, simply sign up at ViralStacking.com and I will get in touch with you and let you know how to get started. I look forward to working with you. Here's to your success!
