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Reddit Posts

r/CryptoCurrencySee Post

Fortifying Cronos POS network security: A proposal to increase target bonded ratio and optimize CRO incentives

r/CryptoCurrencySee Post

Crypto.com isn't the worst, but they are WAY too inconsistent. Their most recent situation is customer support is non-contact for weeks, some say months and platform app and API malfunctioning due to server issues

r/CryptoCurrencySee Post

Can CRO get to $1 in 2023?

r/CryptoCurrencySee Post

Trading halted on Safemoon. LP's due to be liquidated.

r/CryptoCurrencySee Post

"Everything is pumping except my coins" what to do? wait and hope might be the best.

r/CryptoCurrencySee Post

Coins/Tokens that I’ve doubled, or more, my funds on within my Portfolio this year

r/CryptoCurrencySee Post

Is this a good investment?

r/CryptoCurrencySee Post

Us this a good bag?

r/CryptoCurrencySee Post

Roast me or toast me: I've gone and bought me a grab bag of alts for long term holdage.

r/CryptoCurrencySee Post

Opinions on CRO?

r/CryptoCurrencySee Post

Crypto.com - CRO Staking instead of Lockup (Card)

r/CryptoCurrencySee Post

Exchange tokens are TOP daily performers. CRO + 25%, FTT +80%). But why FTT??

r/CryptoCurrencySee Post

Help please - CRO defi wallet

r/CryptoMarketsSee Post

Is Crypto.com the most expensive exchange to purchase Coins/Tokens?

r/CryptoMarketsSee Post

Crypto (CRO) Change to Stacking & Locking Period for Visa Card: What is the efficient way?

r/CryptoCurrencySee Post

Crypto.com is changing reward structure for VISA users

r/CryptoCurrencySee Post

Crypto exchange tokens are often annoying, predatory, and a bad deal for customers. And worst of all, leads to exchanges running risky Ponzi-like structure with their tokens

r/CryptoCurrencySee Post

Would you like to play a coop ghost hunting game that rewards you in crypto?

r/CryptoCurrencySee Post

Crypto.org Chain Becomes the Cronos POS Chain

r/CryptoCurrencySee Post

Fate of CRO looking on what just happened to Moons

r/CryptoCurrencySee Post

BTC dominance is at 52%. - Bitcoin remains the OG of crypto.

r/CryptoCurrencySee Post

BTC dominance is at 52%. - Bitcoin remains the OG of crypto.

r/CryptoMoonShotsSee Post

Copiosa ($COP) Crypto Made Easy! The App your Grandma and her nursing home friends will use to invest into small cap gems. It’s as easy as 1, 2, 3! Be like Grandma, Aunt Debbie and your Uncle Mark… Copiosa is Making it easy for the average Joe! Low MCAP!

r/SatoshiStreetBetsSee Post

Copiosa ($COP) is Crypto Made Easy! The App your Grandmum and her nursing home chums will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandmum, Aunti Susi and your Uncle Tom… join the Copiosa experience before it’s too late… (Low Bear MCap!)

r/CryptoMoonShotsSee Post

Copiosa ($COP) is Crypto Made Easy! The App your Grandmum and her nursing home chums will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandmum, Aunti Susi and your Uncle Tom… join the Copiosa experience before it’s too late (Low Mcap!)

r/SatoshiStreetBetsSee Post

Copiosa ($COP) is Crypto Made Easy! The App your Grandma and all her nursing home buddies will use to invest their life savings into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your Uncle George… join the Copiosa experience and get in before it's too late...

r/CryptoMoonShotsSee Post

Copiosa ($COP) is Crypto Made Easy! The App your Grandma and all her nursing home buddies will use to invest their life savings into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your Uncle George… join the Copiosa experience and get in before the Bull and our 100x!

r/CryptoCurrencySee Post

List of apps/wallets/CEXs where free cryptocurrencies can be earned

r/CryptoMoonShotsSee Post

Copiosa ($COP) is Crypto Made Easy! The App your grandma and all her nursing home buddies will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your uncle George… join the Copiosa experience and get in before the Bull!

r/CryptoCurrencySee Post

Have I lost my funds in Crypto.com DeFi Wallet?

r/CryptoCurrencySee Post

Is there any point holding exchange tokens long term?

r/CryptoCurrencySee Post

It takes some playing around with various blockchains, to find which ones you will interact with the most

r/CryptoCurrencySee Post

Best way to withdraw crypto to cash in Canada

r/CryptoCurrencySee Post

10 reasons why we need to LEAVE crypto ASAP!!!!(PLEASE, read through to the end, DON'T read through the end)

r/CryptoCurrencySee Post

What are some of your Dark-horse projects, that you think will explode during the next bull run?

r/CryptoCurrencySee Post

Crypto Visa Cards

r/CryptoCurrencySee Post

Is c'CRO a good investment ?

r/CryptoCurrencySee Post

Moons CryptoDotCom and Terrible Spread

r/CryptoCurrencySee Post

Scam by crypto.com

r/CryptoCurrencySee Post

Moons, CryptoDotCom and Terrible Spread

r/CryptoCurrencySee Post

Random NFTs as scam

r/CryptoCurrencySee Post

Are CRO staking rewards subject to fluctuations in market price?

r/CryptoCurrencySee Post

Are CRO staking rewards subject to fluctuations in market price?

r/CryptoCurrencySee Post

It takes some playing around with various blockchains, to find which ones you will interact with the most

r/CryptoCurrencySee Post

LRC or MOONS for next DCA?

r/CryptoCurrencySee Post

Best Crypto Debit card of 2023 for those in the USA?

r/CryptoCurrencySee Post

Crypto.com Opens On-Chain Staking for MATIC and CRO

r/CryptoCurrencySee Post

Cronos (CRO) down 66% all-time. Is this coin on your watchlist? Thoughts on CRO?

r/CryptoCurrencySee Post

Cronos (CRO) Down 66% All-time, is this something on your watchlist? Thoughts on CRO?

r/CryptoCurrencySee Post

PSA: Get ready for more people coming to this sub following the Crypto.com article and email about MOON’s

r/CryptoCurrencySee Post

MOONS vs CRO

r/CryptoCurrencySee Post

MOONS vs CRO

r/CryptoCurrencySee Post

Has your opinion of CDC changed?

r/CryptoCurrencySee Post

From Eth to Shiba Inu to CRO now holding a bag of r/Cryptocurrency Moon

r/CryptoCurrencySee Post

What rank will ETH reach on Crypto.com?

r/CryptoCurrencySee Post

What rank will Moons reach on Crypto.com?

r/CryptoCurrencySee Post

Assassin's Creed creator Ubisoft embraces blockchain, becomes Cronos validator

r/CryptoCurrencySee Post

Does the listing of moons lift CRO as well

r/CryptoCurrencySee Post

Despite their shortcoming Crypto_com is still one of the best at marketing.

r/CryptoCurrencySee Post

2024 halving preparations

r/CryptoCurrencySee Post

Chainlink utility

r/CryptoCurrencySee Post

People here often joke that we should inverse this subreddit. Is there truth to this idea and why (not)?

r/CryptoCurrencySee Post

I loath shit-alts more than I hate shitcoins. Here is why

r/CryptoCurrencySee Post

If your portfolio is not down more than 50%, and you didn't invest in FTT, LUNA, CRO, SOL, etc..., or some overpriced NFT, and you are still holding strong, CONGRATULATIONS! You are still doing far better than Kevin O'leary, Mark Cuban, Tom Brady, and so many of the big names in crypto.

r/CryptoCurrencySee Post

Crypto.org blockchain validator penalized, loses over $25,500 in CRO

r/CryptoCurrencySee Post

What is the worst shilling in this sub you fell for?

r/CryptoCurrencySee Post

If your portfolio is not down more than 50%, and you didn't invest in FTT, LUNA, CRO, SOL, etc..., or some overpriced NFT, and you are still holding strong, CONGRATULATIONS! You are still doing far better than Kevin O'leary, Mark Cuban, Tom Brady, and so many of the big names in crypto.

r/CryptoCurrencySee Post

What Projects are extremely undervalued right now and can see huge upward trend next bull?

r/CryptoCurrencySee Post

Crypto.com CRO app investment strategy

r/CryptoCurrencySee Post

Crypto.com’s CRO Firm Despite SEC Lawsuit Fears, Time To Watch The Token?

r/CryptoCurrencySee Post

Algorand: Many of us were bullish and invested. Now Algo is down more than 96% in USD and 99% against Bitcoin. What can we learn from this experience to prevent making the same mistakes in the future?

r/CryptoCurrencySee Post

I've finally made it big in crypto thanks to Crypto.com!

r/CryptoCurrencySee Post

what happened to all of those crypto exchanges offering cashback cards?

r/CryptoCurrencySee Post

The Last Bull Run Saved My Health

r/CryptoCurrencySee Post

What wallet and Defi apps do you recommend?

r/CryptoCurrencySee Post

Anyone still stacking Alts?

r/CryptoCurrencySee Post

Crypto . com card arrived and it's a paper weight!

r/CryptoCurrencySee Post

This sub spends 1/2 their time saying shitcoins aren’t worth their time. Then spend the other 1/2 talking about shitcoins oh wait that’s 2/2

r/CryptoCurrencySee Post

[NO MOONS] why do people stake on CDC supercharger? ; random tippings for good reply

r/CryptoCurrencySee Post

It's Dec. 17th 2017, we're at the absolute peak of that bull run, you're hyped up on hopium and bought all the top 100 Cryptos by marketcap. Five and a half years later only 7 of those purchases are in profit today, 62 are down 90% or more, and more Stats.

r/CryptoCurrencySee Post

CRO, ICP Explode 11%

r/CryptoCurrencySee Post

"Regulatory reasons" have just made Crypto.com card's KYC and future usage got more invasive and cumbersome

r/CryptoCurrencySee Post

Cronos (CRO) Rallies After Revealing Partnership With Amazon Web Services

r/CryptoCurrencySee Post

CRO Spikes 13% Following a Partnership Between Amazon and Cronos

r/CryptoCurrencySee Post

Crypto phases I wish had skipped...

r/CryptoCurrencySee Post

Quick Reminder on Shitcoins

r/CryptoCurrencySee Post

Who Has Endorsed Cryptocurrencies and NFTs..

r/CryptoCurrencySee Post

Do we think exchange coins are going to have a place in the next bull run?

r/CryptoCurrencySee Post

Back before Cronos, and Crypto.com Coin, there was Monaco an ERC-20 token - offered by the company that later rebranded itself to Crypto.com. Had you invested in this crypto.com prototype in 2018 you'd be down ~87% - Even after accounting for the later swap to CRO in 2020.

r/CryptoCurrencySee Post

A Straightforward Proposal to Slow Down CRO Inflation And Bring It Closer to Historical Levels —…

r/CryptoCurrencySee Post

Crypto cards in 2023

r/CryptoCurrencySee Post

How do I decide which crypto is best to buy?

r/CryptoCurrencySee Post

For which Shill did you ever fall hard?

r/CryptoCurrencySee Post

Your thoughts on crypto.com and its token (CRO)

r/CryptoCurrencySee Post

What is your biggest weakness?

r/CryptoCurrencySee Post

Matt Damon CRO Commerical and FTX Commerical Talk

r/CryptoCurrencySee Post

Do you have a plan for what to sell and when?

r/CryptoCurrencySee Post

What are some common mistakes/regrets in crypto?

r/CryptoCurrencySee Post

Crypto.com (CRO) Price Looks Set to Fall After This Bearish Signal

r/CryptoCurrencySee Post

It takes some playing around with various blockchains, to find which ones you will interact with the most

Mentions

Is it still worth buying CRO during this peak of the bullmarket? Or wait for next bear and DCA there

Mentions:#CRO#DCA

CRO victim chiming in! And still using my CDC card for cashback benefits...

Mentions:#CRO

it was prophecised that CRO will reach $2. so that's an easy 20x

Mentions:#CRO

These coins are all hitting All-Time Lows in Sats (BTC value) almost every single day for the past few weeks. The writing is on the wall. But when you are so emotionally invested and join circlejerk groups, groupthink tell you to double down and DCA more into a sinking ship. - DOT - ATOM - HBAR - CRO - ALGO

Oh yeah. I held some and sold to early that did 100x lol CRO is annoying. Cdc is doing so many locks and somehow it still managed to dump. It did run up from 4 cents to 16 cents which was the peak of its “meme run” after memes dumped CRO along with it lol

Mentions:#CRO

That’s hilarious considering that CRO itself is doing dog shit lol Shitcoins on Cronos doing 100x better than Cro itself

Mentions:#CRO

I kept warning about this scam when they rebooted it in 2019/2020 > CRO. This is the 3rd reboot of a 2017 scam project. I am not sure why anybody would put money into this https://np.reddit.com/r/CryptoCurrency/comments/jmzoad/daily_discussion_november_3_2020_gmt0/gb07zj6/

Mentions:#CRO

Looks right | Investment | Definition | Examples | |:-----------|------------:|:------------:| | Shitcoin | A coin where others made money but you couldn’t | DOGE, PEPE, WIF, BONK | Altcoin | A coin you hold for eternity hoping you’d make money off | XRP, LTC, ALGO, DOT, CRO, VET, NANO

Fo you think $CRO can reach $0,50 again?

Mentions:#CRO

> Calling unlocking billions of XRP deflationary is an interesting idea Does the total amount of XRP in supply increase or decrease every 3-5 seconds? the answer is pretty cut and clear here. Let me put it another way, If I have BTC and I lock it up in a time locked escrow to be released tomorrow, is that Inflation? did I "create" new or more BTC? Clearly the answer is no, the BTC was already in my wallet, live on chain. Yet the XRP that Ripple has had live in their wallets since 2012, which they locked up in 2017 to you is somehow "minting" or "inflation" ??? do you see the problem with your argument yet? like they've been posting publicly about their intentions the entire time https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/ this isnt that difficult. >but does not fit the math I learned in school. Clearly you didnt pay attention in math class then. >If XRP is independent from Ripple, then how come that Ripple can unlock these billions. https://xrpl.org/docs/concepts/payment-types/escrow/ because they put them in a timelocked escrow? or do you also not know what that means? Anyone can put any XRP they own in a timelocked escrow. Once the specified time has passed, Anyone can send what is called an "EscrowFinish" transaction to unlock the funds. Sometimes Ripple isnt even the one to send this transaction. People in the community have used this + the memo tag to put silly stuff attached to the unlock escrow message. stuff like this https://x.com/martypartymusic/status/1807925068858904746 it is often used to trick people who dont understand what is happening or who are new. >They did not buy them Correct, when the XRPL was created the 100 Billion "XNS" which would later become XRP were in the genesis wallet. the private key to that wallet is located here in the codebase https://github.com/XRPLF/rippled/blob/ffd453f7dd091b0499fd6ab964880c8268deead4/src/ripple/app/misc/NetworkOPs.cpp#L852-L854 Anyone could of taken as much or as little as they liked from this wallet(and many people did) it was worth 0$ at the time but IIRC Roger Ver and Ex CEO of kraken Jesse took from the genesis wallet to test out the new tech. At the time the community was much more focused on tech moreso, so to try out a brand new consensus method which didnt have the costly energy demanding PoW problem was very interesting to many people. >Whenever they need some funding they dump that stuff on you. They have had multi Series A,B and C rounds of Funding to the tune of hundreds of millions of dollars at this point. example (https://techcrunch.com/2019/12/20/ripple-raises-200-million-to-improve-global-payments/) And again, its Their XRP that they can do whatever they want with. You wouldnt blame BTC miners for selling BTC? or Vitalik/lubin/consensys for selling ETH? Hoskinson/IOHK for selling ADA? Charlie Lee for selling LTC? All those people actually created the thing or were the largest Dev(like Ripple) for that given project. ??? why do you hold Ripple to a different standard than the entire industry. I mean heck, we know exactly how much XRP Ripple has sold because they release that information in quarterly reports, yet for ETH, etc we have Zero idea how much they hold/sell. >And what do buyers get back? Nothing. The same thing buyers of BTC get back when miners sell. nothing. the network is open source and opt in. >Because the company's business is separated from your chain. Ripplenet interacts with the XRPL and some of its advanced functions only are possible with the XRPL, so no. you're wrong again in your understanding of those 2 networks and how they interact with each other. >I'll give you another example: CRO. Which was created by the company and the nodes are Run by the company. Again NEITHER of these apply to XRP as it existed before Ripple. >till it is controlled by CDC and thus all claims of an independent chain is just a facade. Provide examples as to how Ripple controls the XRPL. Show me how any of these are possible. when you realize none are you'll understand that Ripple doesnt control XRP or the XRPL. - Freeze XRP transactions - Reverse an XRP transaction - Doublespend on the network - Censor a user from spending their XRP - Force a code update on the validators - Create more XRP >I for myself would not call 117 validators a decentralized network. Show me the centralization. so far youve made a bunch of false claims which I dont even have to google to disprove so ??? >You can twist things the way you like. there is no "twisting" its what is the truth and what is delusions written by you. you're constantly failing to "verify" / prove your claims are true. Don't trust, but verify. you cant prove anything youve said is true (because most of it isnt) >Fact is, XRP and Ripple are not like any other crypto. I agree, XRP is fast, cheap, it scales, it has a built in Layer 1 Dex(the first in the world ever created) XRP invented the concept of token issuances (like ERC-20) XRP invented the first stablecoin, XRP has order books AND an Automatic market maker now (unlike ETH) its green so it doesnt destroy the planet with wastful energy usage, its more decentralized than BTC/ETH atm, has more fiat currency pairs than both of them combined atm. the list of things that XRP can do that others cant is quite long in fact. Ripple is a company tho, not a crypto. >And the fate of XRP is tightly bound to the fate of Ripple. Agreed, Ripple is the largest Dev, much like Consensys/IOHK etc are to their respective blockchains.

Watch out for heavily manipulated shitcoin CRO (Cronos). While market is pumping this shit is stagnating, dropped 11 places on CMC in just 2 days.

Mentions:#CRO

>There is no inflation. the token is deflationary. Calling unlocking billions of XRP deflationary is an interesting idea, but does not fit the math I learned in school. If XRP is independent from Ripple, then how come that Ripple can unlock these billions. They did not buy them, that's for sure. Whenever they need some funding they dump that stuff on you. And what do buyers get back. Nothing. Because the companies business is separated from your chain. The money they make from your donation completely goes into their hands. Sounds like a perfect business model for the company while you only have the expenses. I'll give you another example: CRO. The token also runs on some open source software chain. And CDC claims it independent and even renamed the coin to have the mention of CDC gone. Still it is controlled by CDC and thus all claims of an independent chain is just a facade. >open source decentralized network I for myself would not call 117 validators a decentralized network. That's not something to be proud of. Even tendermint can run that many. And we all know that tendermint is not scalable.

Mentions:#XRP#CRO

Hex, One, LTC, Algo, Loopring, CRO. ETC, LUNC, BCH, LUNA, and Tezos. The sub hates all those. Buy them all to inverse the sub and tell us how rich you get. Rub it in our faces.

CRO! I would not be surprised it goes up next bull run. Otherwise just go for the safe options (BTC, ETH..)

Mentions:#CRO#BTC#ETH

Lots of crypto projects with capped supply have increased their capped supply and lots more will in the future - NEM which was staple top 10 crypto in 2017/18 increased its supply with a new token when the Foundation ran out of money https://np.reddit.com/r/CryptoCurrency/comments/ao4yb2/nem_xem_decentralized_governance_gone_wrong_nem/ https://np.reddit.com/r/CryptoCurrency/comments/mlixbw/crypto_tragedy_2021_nemxem_40_drop_in_hours/ - Stratis which was a top 10 crypto in 2017 increased its supply with a new token when they ran out of money https://np.reddit.com/r/CryptoCurrency/comments/jlga8p/scam_alert_the_stratis_team_has_announced_a_token/ - IOTA which was once a top 5 crypto increased its supply by 60% recently when they ran out of money http://np.reddit.com/r/CryptoCurrency/comments/16ms0f3/drama_in_a_unilateral_decision_iota_foundation_ceo_announces_60_new_token_s/k1abhle?context=3 - CRO did a 2nd ICO where the original token holders went from holding "0.002% of the supply to only holding is only worth 0.00001%" in a "major switch scam." https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ - Polygon is increasing its supply by 20% to give 10% to node operators and 10% to the Polygon team https://np.reddit.com/r/CryptoCurrency/comments/1byygey/trying_to_understand_how_polygons_token_migration/ - RocketPool tokens went from a hard limit of 18M to 5% infinite inflation to pay for development

Mentions:#IOTA#CRO

> the way most make up for the issues around price is by staking People keep thinking that you make up for high inflation by staking. it's actually the other way around, high APY staking compounds the dump when investors eventually capitulate. Instead of selling 100% of what they invested, they are selling 115%, 120%, 140% or more depending on APY and how long they staked. Now, the stakers, bakers, governors have to eat the dump. This is reflected in high APY for staking coins the last cycle like DOT, ALGO, CRO.

Mentions:#DOT#ALGO#CRO

Part of my research is related to centralised vs decentralised. I have a theory that every centralised currencies eventually fail, given enough time. Its the probability of someone doing a mistake at some point in time. It still needs time to be validated as BNB is still giant and CRO is in a bad state but not out of top 100 yet. One index will include all currencies regardless, but I will have one for decentralised only.

Mentions:#BNB#CRO

QNT MATIC, FTM, BTC, Turbo, Maneki,CRO

#Crypto.com(CRO) Con-Arguments Below is a Crypto.com(CRO) con-argument written by a deleted user. > Crypto dot com (aka **CDC**) is a multi-purpose crypto platform known for its extravagant marketing campaigns such as purchasing its namesake domain name and the naming rights for the former Staples Center. It also has an exchange that's still not available in the US (though finally open for waitlist). > > I was their customer for 1.5 years, but left a month ago. It's frustrating seeing how much they spend on marketing and influencers instead of improving their platform. > > ## CONs > > - **Better competitors**: CDC's has many competitors with more features, lower fees, or better and easier-to-navigate websites/apps. CDC's platform tries to do many things, but it does everything subpar. The only thing that makes it really stand out is their debit card, which offers higher APY benefits for CRO and its earning platform if you stake large amounts of CRO. Though given how they've been slashing rewards across the platform, we don't know how long they can maintain their popularity through those rates. I've always suspected that these are promo rates that are only being maintained through their higher fees being charged everywhere else on their platform. (May 1st edit - CDC completely slashed their rewards for their cards: https://crypto.com/product-news/crypto-com-visa-cards-update. Except for the 2 highest and most risky tiers of staking, there's no point to using this card anymore. They've destroyed the best part of their platform.) > - **Focuses on marketing, not product** - CDC relied on marketing strategies that were designed to attract as many customers to their platform. Many basic features have been neglected. ACH transfers (specifically pulls) from banks did not exist until recently. Nearly all of its CeFi competitors (Gemini, BlockFi, Celsius, Nexo) have a desktop app for their main platform. CDC's platform is mobile-only and has been for years. I suppose its Exchange has a desktop site, but that isn't available in the US, and most of CDC's features are not related to its exchange. Instead, they focused on buying up tons of advertising (Stapes Center, Matt Damon's "Fortune Favors the Brave" campaign, LeBron James campaign) when they could've improved their products. > - **No US exchange**: Every couple of months, CDC's owners state that the US platform is coming in 1-2 months. I've been waiting since the start of 2021. They dropped multiple hints of a summer 2021 release, later delayed to Q4 2021. Now it's finally been released, but there's a waitlist for institutional investors, and we don't know if it'll be ready before the end of the year for the rest of us. > - **Massive spread and fees**: Those fortunate (or unfortunate) enough to have access to the exchange end up paying massive spread and fees compared to its competitors. It'll depend on what you buy, but the fees/spread are often 5x larger than those of Binance. It's not uncommon for fees to end up costing 3-5% of the transaction. > - **Lack of app security** - There is no password protection or 2 factor authentication for login on the mobile app. When you sign in, it sends your email address a link to use, making email the single point of failure. It was only after the Jan 18th hack that 2-factor was forced on, and even then it is only used for withdrawals and for bank-related settings changes--not for login. They need to take security more seriously. > - **Poor handling of the Jan 18 hack** - 400 accounts were hacked [by bypassing 2FA on Jan 18, with $33M stolen](https://cryptobriefing.com/days-after-alleged-33m-hack-crypto-com-still-silent/). Even worse, CDC forcefully-disabled 2FA on all accounts without warning. Barely any customers received emails about CDC crippling their 2FA. People only found out through social media or logging into their apps. They do have ISO IEC 27701 certification, but that's for privacy, and it's a joke to market it as security certification. > - **Poor handling of MCO swap** - Before CRO, CDC used a different ICO token to fund their platform called MCO. They cannibalized MCO to fund CRO, forcing everyone to swap to CRO at a fixed rate without adequate warning. > - **Too many large US banks block CDC**: My banks and credit cards work perfectly fine with Coinbase, Gemini, BlockFi, Binance US, Kraken, and FTX US. The only one they block is CDC. I don't know why so many large banks block it, but I suspect it was due to too many reports of shady activity or upset customers. The only way around this for many banks is to perform an ACH push from the bank side. Using CDC was the first time in 20 years I had to do an ACH push. > - **High withdrawal minimums** - Many of CDC's popular coins require a [minimum withdrawal of $25-50](https://crypto.com/exchange/document/fees-limits), and they still charge you a large withdrawal fee. Most ERC20 withdrawals are $25, and the BTC withdrawal is currently $20. Minimum withdrawal for fiat is $100. You're going to see high withdrawals unless you use their congested Cronos network or BEP20. > - **Cronos network often congested** - Since launch, their Cronos network has often been congested. It can take anywhere from a couple minutes to a full day to transfer any token. That's exceptionally bad for a mostly-centralized network that's modeled similarly to Binance Smart Chain. There was massive congestion in early April 2022 due to some coin launches. If they're getting congestion this early on, they're not going to be able to handle anywhere near BSC-levels of network activity. > - **Larger rewards require staking and locking CRO for 180 days** - Too many rewards require staking CRO for 180 days, during which it is completely locked. Many users bought CRO above $0.90 and couldn't sell when it halved in value. This is a huge risk. > - **Loot boxes** - CDC has gamified their platform and introduced loot/gacha boxes that provide trivial rewards for completing small tasks or making purchases. The rewards are embarrassingly small (nickle to dime values), and they're eclipsed by the higher fees paid to reach those rewards. You're better off using a cheaper platform for trades. > - **Cultish social media community** - Fortunately, this is no longer a big issue now that CRO has fallen 60% from its all-time high price. CRO investors who joined late 2021 have now had time to experience the massive flaws of CDC's platform and woken up from their drunken stupor. But rewinding to around the time CDC bought the naming rights to the former Staples Arena, CRO went viral and shot up 5x. For the next 6 months, their community went from slightly cultish to absolutely and unbearably irrational (similar to the Loopring and SafeMoon communities). There are still many CRO shills and way too many pictures of people's debit cards, but the community is much more balanced now. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by SasukeUchiha248. > This coin has been done dirty. > > > CRO, or [crypto.com](https://crypto.com) coin is a crypto based off of the [crypto.com](https://crypto.com) app. > > > I won't state anymore facts since it will be boring if I just reword the Wikipedia page and [Crypto.com](https://Crypto.com) news. But here's my analysis and reasoning: > > > Why bullish on CRO for this month?: > > > Crypto . com app has suffered a major hack situation recently, causing the price to plummet 50 cents down from its 90 cent ATH. (price of 1 CRO is approximately 40 cents at the time of this writing). Unless another hacking problem disturbs CRO (which is highly unlikely as the company probably set higher firewall system) the price will most likely correct itself to higher position. Buy low, sell high, and right now, CRO price is very low. > > > Although I cannot find recent news on CRO on [coinmarketcap.com](https://coinmarketcap.com), this seems very strange to me. Crypto . com company, who has bought the former Staples Center, and is a very widely used exchange, stays this quiet. Of course, the situation with the hack most likely caused CRO company to back off the socials, but this also means that unless CRO want to go bankrupt, CRO company will release a news that will pump the coin's price. > > > Additionally, despite all this commotion, the number of CRO addresses increased, meaning that the situation has not decreased the amount of users of CRO. > > And in the overall picture of the crypto market, we can clearly see that the market is down by a lot. Bitcoin is down to 37k, which is very low considering the fact that it has been traded at near 70k few months ago. Most likely Bitcoin will rise, and as bitcoin rises, so will other cryptos like CRO. > > > This is more of an analysis/opinion of mine, for more detailed info, please DYOR, theres bunch of information available on wikipedia and other crypto news sites. Its just a few clicks away from research, I did not want this post to be another wiki page. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

Mentions:#CRO#ATH#DYOR

Crypto.com(CRO) {{pros}} & {{cons}} with related info are in the collapsed comments below.

Mentions:#CRO

Damn, Crypto com fees are really bad. I think any other CEX is better tbh but I think you can also lower the fees by holding CRO (don't quote me on that).

Mentions:#CEX#CRO

Still doing CRO because I have the ICY white card and am staking it. Made $7.7k in staking rewards this year so far but the thing has dropped a lot more than that so I'm just taking the Satoshi mentality of accumulating more of the underlying. My cost basis is ~9 cents so I'm not too worried about pulling a profit during an alt season. Not sure it will go back to former ath though.

Mentions:#CRO

> You should have kept buying and DCAing. Depends on what you're DCA on. In almost all of crypto, you are losing more and more money the more money you DCA in. If you DCA in the top 25 cryptos 6 to 7 years ago, you have lost money on every single one except Bitcoin and Ethereum. Maybe broken even on ADA. If you DCA on ALGO or CRO for the past 5 years, you are flushing good money after bad, again and again always increasing your total losses. So terrible advice

CRO was like $0.60 when they named that arena in 2021.

Mentions:#CRO

Instant cope response. How could I regret selling if the price has only dropped. I didn’t lose anything to CRO, but I guess it’s easy to dismiss someone by saying “sold early” you sound smooth brained.

Mentions:#CRO

AVAX and CRO. Both are already high ranking and poised to explode in the coming bull run into top ten territory. Mark my words.

Mentions:#AVAX#CRO

Bitcoin is the only true blue crypto to hold. Even ETH is getting flushed when I meet my goals. Last cycle I was all about diamond hands and it burned me with several small positions that may not recover to a break even point (ALGO, LTC, AMP, CRO, etc). My plan is to flush alts every cycle.

CRO sub is on par with the HEX sub. Change my mind.

Mentions:#CRO#HEX

They locked up CRO to earn 20% extra CRO in 1 year, meanwhole, CRO lost 40% to 50% since the offer. So I guess cobgratulations, your 10k investment is now worth 5k plus you will get 1k as a bonus for your stupidity meaning u are down only 4k LOL.

Mentions:#CRO

everyone locked up their CRO

Mentions:#CRO

If you want to find the two most deluded subreddits for crypto investors, go to Fetch’s subreddit, everyone believes it’ll be at 10$ in 6 months. The CRO subreddit still aren’t worried that their coin is 90% down and believe it’ll hit 3$. Hopium is real

Mentions:#CRO

> Had shit coin distribution How much of Silvio Micali 20% has been dumped? Ripple founders took 20% and it took Jed McCaleb 7 years to dump his 9% and the other 11% still all hasn't been dumped yet. XRP price is down -85% from late 2017. > capped supply obviously at 10B *Governor*, you're really naive. Every shitcoin that has the supply is capped, prints more supply after they run out of money. - NEM which was staple top 10 crypto in 2017/18 increased its supply with a new token when the Foundation ran out of money https://www.reddit.com/r/CryptoCurrency/comments/ao4yb2/nem_xem_decentralized_governance_gone_wrong_nem/ https://www.reddit.com/r/CryptoCurrency/comments/mlixbw/crypto_tragedy_2021_nemxem_40_drop_in_hours/ - Stratis which was a top 10 crypto in 2017 increased its supply with a new token when they ran out of money https://www.reddit.com/r/CryptoCurrency/comments/jlga8p/scam_alert_the_stratis_team_has_announced_a_token/ - IOTA which was once a top 5 crypto increased its supply by 60% recently when they ran out of money http://www.reddit.com/r/CryptoCurrency/comments/16ms0f3/drama_in_a_unilateral_decision_iota_foundation_ceo_announces_60_new_token_s/k1abhle?context=3 - CRO did a 2nd ICO where the original token holders went from holding "0.002% of the supply to only holding is only worth 0.00001%" in a "major switch scam." https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ - Polygon is increasing its supply by 20% to give 10% to node operators and 10% to the Polygon team https://np.reddit.com/r/CryptoCurrency/comments/1byygey/trying_to_understand_how_polygons_token_migration/ - RocketPool tokens went from a hard limit of 18M to 5% infinite inflation to pay for development

Mentions:#XRP#IOTA#CRO

CRO coin

Mentions:#CRO

I'm good. They fucked over people with CRO and the Visas last bull run.

Mentions:#CRO

CRO is a Ponzi scheme to keep users invested in their own marketplace. No thanks, the opposite of decentralized

Mentions:#CRO

CRO. Underrated coin behind a giant that nobody seems to talk about... Crypto. com.

Mentions:#CRO

CRO has been particularly bad though, not all exchange tokens are like that. Fortunately I only have a handful.

Mentions:#CRO

I lost interest in exchange tokens at the end of last cycle. I was a CDC card holder and thought that meant something at the time, and thought CRO was valuable. Just not a fan of the exchange tokens any more.

Mentions:#CRO

hey cool. maybe crypto.com can push CRO again and finally launch the US exchange.

Mentions:#CRO

But they’ve printed too much tokens. Might as well put in monies into CRO token (by crypto dot com) or farm for $BASE token (by Coinbase) At least it’s legit going upwards

Mentions:#CRO#BASE

When's the $2 CRO guy coming back?

Mentions:#CRO

CRO Coin

Mentions:#CRO

Coinbase is a good starter. I personally used to use kucoin often for its various bots (mostly the spot gird bot which allows you to trade and buy a coin at specific price points within a given parameter automatically), kinda rife with pump and dump shit coins that it makes a show of "Premiering" so watch out for that. I hear good things about crypto(.)com and the benefits of its CRO token but haven't personally used it. Most exchanges require KYC now those that I have suggested included DCAing (dollar cost averaging) into bitcoin, ethereum has historically been a good Idea and it'll allow to you dip your toes into cryptocurrencies with the least risk. I personally wouldn't trust any exchange that tells you exactly when and what to buy. Remember these people are trying to make money too, and sometimes it will be at the expense of the customers, but there are greed(buy/keep) and fear(sell/don't buy) indices you can use that might help you get insight on what other people are thinking. Warning some exchanges will have derivatives(options/futures) be very careful the potential gains are very enticing but they evaporate just as quickly as they are earned. I staunchly adhere to the "don't invest what you don't want to/can't lose" rule and never over expose myself to risk but it still hurts thinking about what I've lost to derivatives. TL;DR Coinbase beginner friendly ish; buy little bit of BTC and ETH over time; don't blindly trust financial advice(ironic); stay away from futures ( at least until you thoroughly understand them)

Mentions:#CRO#BTC#ETH

I keep buying BCH, Doge, Link and CRO. if massive crash will happen again then i will exchange my shytcoins to BTC only. My last hoorah when it comes to shitcoins. Imo, alts have peaked in 2021. Now there’s way too many shitcoins and even worse, meme coins. We went from ‘ buy this alt coin because the tech is out of this world’ to ‘ buy this meme coin because we never sleep and market cap is hella low no cap, fr fr’

Mentions:#BCH#CRO#BTC

Sorry for the late response, I have about 1200 USDC currently which I am borrowing against my BTC/ETH/CRO that I hold there. I’m at about 55% collateral right now. The interest rate is where it gets cool. Since I also stake TONIC I “boosted” my USDC borrow. So I earn more than what it costs to borrow. The rates change based on how much is in supply and how much is being borrowed.

Since BTC broke $62K in March 1 to BTC break below $62K today, a lot of coins have almost halved their value. And there was a stream of good news articles being posted about various projects when BTC was going up. Now, nothing. - ADA $0.71 - MATIC $1.02 - AVAX $42 - LINK $20 - ATOM $12 - HBAR $0.12 - VET $0.05 - CRO $0.12 - ALGO $0.22 https://coinmarketcap.com/historical/20240301/

Cronos sub (CRO) is comedy gold. They are sending 'BuY thE diP post and screenshoting their purchase for 100-200 dollars lol. Thanks for saving crypto rich men!

Mentions:#CRO

Depends what you consider top ranked. Some of the higher ones are CRO, XRP (still), ALGO, and every memecoin around the top 50

Mentions:#CRO#XRP#ALGO

Ask CRO holders.

Mentions:#CRO

CRO’s defi is up an coming. Memes gaining traction on cronos deco. Building going in. I agree it’s not at BNBs level. But with half the users (100 million now) of BNB and the potential to play catch up at 2.8% of the market Capital it seems undervalued currently. I am deciding if I convert some of my BNB into CRO if just for a short term play.

Mentions:#CRO#BNB

Good luck. Cryptodotcom has unimaginably bad customer service. I keep an amount of CRO there (for reasons) and nothing else. To do otherwise is asking for trouble.

Mentions:#CRO

You can't really compare BNB to other CEX coins because most of the other CEX's coins are only used to pay for lower fees or to give benefits inside the exchange. Meanwhile BNB has a huge DeFi (I know it's up to debate) ecossystem attached to it, so it is way more valuable than a simple CRO for example.

Mentions:#BNB#CEX#CRO

CRO was reading in the $0.05 to 0.2 range, then managed to catch a wave of interest around Nov 21 getting up to 0.8 with decent advertising, credits cards with good perks and building an eco system of dapps etc. It then dropped back as BTC came off all time high in early 2022 and been sitting around 0.1 since then. Latest increase in BTC has had no lasting impact on the price with it getting above 0.18 in the last year before dropping back to 0.09

Mentions:#CRO#BTC

I avoid them because I think they have a good insider control. Did CRO fail?

Mentions:#CRO

After CRO, I'll never buy another exchange token again.

Mentions:#CRO

we can start talking about CRO too

Mentions:#CRO

Sounds more like you got burned and now are acting in bad faith. You got into CRO for a quick buck. Did you ever actually use the defi protocols they were pushing. A bunch of yield farm bs should have been a red flag to you. The stablecoins are issued on ETH, and the value is moved with ETH. The smart contracts are deployed with ETH. It's funny how you don't see the value in this, considering you live in a country that utilizes stablecoins. The TVL of those rwas continues to rise. The ETH foundation does not function like you describe. They do research and help maintain the source code. Drug deals are also done using cash. Is cash bad? Ethereum is essentially financial rails. The value lies in the total assets issued and value settled. It's that simple. The POS interfaces will likely never involve the user knowing they are settling on a blockchain, this is actually ideal. Coinbase has already made a step in this direction with their smart wallet. This stuff takes time. Anyone can build applications on it, and anybody can transact even the bad actors. That is the nature of free, open, and decentralized. Sorry I can't answer your Qs exactly as you want. You could just do some research on your own instead of letting people like Matt Damon or random people on reddit influence and inform you.

Mentions:#CRO#ETH

Crypto.com baby!! CRO rewards to the moon!!!

Mentions:#CRO

probably not CRO, but ETH.. 50% BTC and 50% ETH is solid. could throw in a few doge and sol and maybe the new hot kid in the block TON, at : 40% BTC 40% ETH 20% mix of Doge Sol Ton

Bro CRO is looking like absolute dogshit idk how you honestly tell people to buy it. It's lower than it was 5 years ago. Sorry but CRO by all accounts looks like a terrible buy and I suspect you are suffering from the sunk cost fallacy 

Mentions:#CRO

> rekt by greedy Hamburgers? Buy shitcoin scams like CRO... > Yeah CRO hit 0.17 briefly, I was just refreshing price and my profits went up about 30 percent in like 30 minutes...Btw I dont think it will go down this much. With halvening around corner I expect crypto.com will announce some benefits for CRO holders and price will be 0.2 in no time. And 2.71 next year obviously, thats already given. https://np.reddit.com/r/cro/comments/1b5lg15/definitely_no_guru_but/kta3p19/?context=3 ...and blame burgers. You'll find find that I am in a lot of these threads since 2017 warning about serial scammer Kris Marszalek, CRO/Monaco. But no, people called it FUD, fell for the "Fortune Favors the Brave", Icy White and bullshit memes. If you're going to blame greedy burgers at least be specific and blame Matt Damon. https://np.reddit.com/r/ethtrader/comments/6dbkui/scam_warning_monaco_ico/ https://np.reddit.com/r/CryptoCurrency/comments/6cfw8y/warning_monaco_scammers_aggressively_advertising/ https://np.reddit.com/r/CryptoCurrency/comments/79zyye/seems_like_mco_token_is_now_dead_sad_story/ https://np.reddit.com/r/CryptoCurrency/comments/a5b4hz/let_the_scams_flow_out_of_the_window_monaco_and/ https://np.reddit.com/r/CryptoCurrency/comments/nfyhss/fuck_you_cryptocom_for_preying_on_newbies_in_this/ https://np.reddit.com/r/CryptoCurrency/comments/biaud9/monaco_mco_raised_26_million_in_ico_and_promised/ https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ https://np.reddit.com/r/CryptoCurrency/comments/lm40p0/cryptocom_is_a_scam_do_not_use_it/ https://np.reddit.com/r/CryptoCurrency/comments/jf8bx4/history_of_kris_cryptocoms_ceo/ https://www.cnbc.com/2022/12/09/cryptocom-kris-marszalek-involved-bankruptcy-offshore-holdings-client-money-monaco.html

Mentions:#CRO#FUD

well... TLDR we can pump 50% into BTC and pump 50% into CRO and HODL till the end of the year.

Mentions:#BTC#CRO#HODL

One of the reasons why new coins do well is you don't have an army of bagholders who looking at exit prices to get off the ride. For example, look at some of the worst performers, not just from November 2023 but going back 4 years from today: June 16, 2020 - ALGO $0.24 - CRO $0.11 So basically almost every single person who invested and/or even DCA into tanking prices is at a loss. This is almost a guarantee that these coins will never recover to anywhere near ATHs with everyone holding huge losses and looking to exit at price points much lower than ATHs.

Mentions:#ALGO#CRO#DCA

Not a game but you have a daily check in in the crypto com app, give you a few cro every 25 days. Take 20 seconds and if CRO goes up could be a few dozen of dollars

Mentions:#CRO

Awww, CDC put a gun to his head and forced him to buy $CRO and now he’s down….. Poor victim of his own decisions

Mentions:#CRO

Reminder to noobs that from 2017-2019 Crypto.com/Monaco was accepted as a known scam and Kris Marszalek was a known scammer with repeated warnings them many many times. Those who didn't listen are now holding bags and shilling. https://np.reddit.com/r/ethtrader/comments/6dbkui/scam_warning_monaco_ico/ https://np.reddit.com/r/CryptoCurrency/comments/6cfw8y/warning_monaco_scammers_aggressively_advertising/ https://np.reddit.com/r/CryptoCurrency/comments/79zyye/seems_like_mco_token_is_now_dead_sad_story/ https://np.reddit.com/r/CryptoCurrency/comments/a5b4hz/let_the_scams_flow_out_of_the_window_monaco_and/ https://np.reddit.com/r/CryptoCurrency/comments/nfyhss/fuck_you_cryptocom_for_preying_on_newbies_in_this/ https://np.reddit.com/r/CryptoCurrency/comments/biaud9/monaco_mco_raised_26_million_in_ico_and_promised/ https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ https://np.reddit.com/r/CryptoCurrency/comments/lm40p0/cryptocom_is_a_scam_do_not_use_it/ https://np.reddit.com/r/CryptoCurrency/comments/jf8bx4/history_of_kris_cryptocoms_ceo/ https://www.cnbc.com/2022/12/09/cryptocom-kris-marszalek-involved-bankruptcy-offshore-holdings-client-money-monaco.html Remember this scammers lured people into buying thousands of dollars of worthless CRO tokens and locking them for months to get some shitcoin credit cards which cost $50 for delivery. The price of these tokens dumped -85% and they slashed all benefits and they used to money to pay Matt Damon, Lebron James, a superbowl commercial and name an arena to lure more gullible noob investors. - Ruby: $400 in CRO - Jade/Indigo: $4,000 in CRO - Icy White/Rose Gold: $40,000 in CRO - Obsidian: $400,000 in CRO CRO is a perfect example of how to scam the low IQ crypto investors. Straight from the scammers mouth: 1. 100 Billion Tokens created 2. 70 Billion Burned 3. 100% circulating supply 4. 100% Decentralized!!! https://web.archive.org/web/20210222060041/http://blog.crypto.com/70-billion-cro-to-be-burned/

Mentions:#CRO

Awww, CDC put a gun to his head and forced him to buy $CRO and now he’s down….. Poor victim of his own decisions

Mentions:#CRO

#Crypto.com(CRO) Con-Arguments Below is a Crypto.com(CRO) con-argument written by IAmGiff. > Let’s dive into CRO's negatives (here’s my [related take on the pros](https://np.reddit.com/r/CointestOfficial/comments/sife3c/coin_inquiries_cryptocom_proarguments_february/hvb6h1j/?context=3)). > > **Centralization** > > I began my post on the pros by noting the fate of CRO is obviously inextricably linked to the fate of the parent company (Foris DAX MT (Malta) Limited, founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives would drive adoption of the coin. The flipside of this is failures and missteps of the company would drag down CRO. > > The company has taken steps to decentralize the actual validators of their chain, but there’s really no question the company’s actions could hurt the coin. With that in mind: > > **Security Concerns** > > Obviously the biggest risk to *any exchange* is getting Mt. Goxed. > > Crypto.com seems to work hard on its security but, still, the company very recently had a hack that [stole 4,600 ETH](https://www.coindesk.com/business/2022/01/19/cryptocom-ceo-acknowledges-400-customer-accounts-were-hacked/) and some BTC. Although customers were kept whole, it was a pretty bad breach as hackers somehow circumvented a 2FA system. They've since taken steps to improve security, added whitelisting, and are rolling out a new account protection program (with apologies to Cardi B, the unfortunately named [WAPP](https://blog.crypto.com/crypto-com-security-report-next-steps)). > > Look, security-by-obscurity can be a valid idea, but the company hasn’t been completely transparent about how the hack occurred. This type of thing can still be a risk. > > **Poor Customer Service** > > If you spend any time on the crypto.com sub you will see two main things. 1) People excitedly posting photos when their card arrives (bullish!) but 2) people angrily posting customer service complaints including loooong delays getting their cards (bearish). Even the biggest fans have to admit many people find the customer service experience to be very frustrating and inconsistent right now. While there’s a viewpoint that it’s just growing pains, it’s really not a good excuse. If you’re going nuts on marketing, and asking people to invest $4K or $40K for a card (!) you need to invest in customer support that can keep up or you risking driving away customers for good. > > **Opaque Fees** > > The fees are a common/fair complaint. The app takes a spread that's 1) non-transparent 2) variable 3) difficult to calculate on your own and 4) in some reported instances, apparently quite high. Someone using the app to regularly trade crypto could lose lots of profits to these fees. I don’t use Robinhood but understand it has a similar invisible spread and while people initially loved it, and some mistakenly believed they were buying with no fees, over time people wised up and become more aware of this losing proposition with Robinhood. I feel like everyone hates Robinhood now. There’s certainly a possibility that ultimately customers would rather just see exactly what they’re taking as spread, and that hiding it from your customer is a bad practice that will catch up with you. > > **Product Limitations** > > New customers frequently don’t realize limitations of the products. Sometimes they didn't read the materials, yes. But sometimes it's complicated or unexpected. > > For example, you cannot load money on the pre-paid debit card and turnaround and use it to buy crypto on crypto.com. It’s a silly idea to load money onto CDC, offload money from CDC to the card, and then try to buy back onto CDC. (Just load the money onto CDC and buy crypto, without the extra steps, obviously) But there’s no denying it makes people incredibly mad when they learn they can’t do this. Relatedly, once you’ve loaded the card, there’s no easy way to unload. Sometimes this is just bad planning, but sometimes people loaded the card for a large purchase, found they were unable to make the purchase, and then had no way to get funds back. > > A standard feature of pre-paid cards is you can’t earn rewards on every category of purchase. Also, though true of all pre-paid debit cards, you have to load then spend, rather than spend then payoff later like a credit card. A lot of people would prefer a credit card. > > Due to regulatory constraints, not all of this can be fixed. But the company could fix some and certainly do more to warn people. In the meantime, some people get driven away. > > **Switcheroo Risk** > > If you’ve been following CRO for long you’ll know the company was once known as Monaco, and its currency was MCO. Then it bought the crypto.com domain, launched CRO and eventually retired MCO in favor of CRO. There’s a fair [discussion of what went down here](https://zeroverge.com/crypto-com-has-changed-the-rules-of-the-game-mco-to-cro-swap-83c33f66633d). MCO holders had a window to exchange their MCO for CRO (in hindsight it was a sound move to do so) but there were a lot of questions at the time about fairness. Many people felt like the whole thing was a switcheroo. > > Despite this transition ending up fairly successful by many measures, a lot of people have speculated that the company could someday dump CRO in favor of something new, and there’s no guarantee it would work out as well next time. > > **Too-Good-To-Be-True APYs** > > There’s good reason to believe 10%+ interest rates won't be sustainable indefinitely. But who really knows because there’s limited information available about how the company is paying such high rates. Is the company recycling trading fees to prop up APYs? Is it spending its treasury to do it? I’ve never seen clear answers. > > The company has disclosed it has a CRO supply for the purpose of subsidizing validator rewards, with the goal of decentralizing their chain. Is it also using these funds to prop up Crypto Earn rates? What happens when that war chest runs out? Is it a temporary promo rate? What happens if the system turns out not to work the way people thought? > > A lot of people believe they’re just giving users a higher cut of borrowing than banks do. But I don’t think the company has actually claimed this. And the math for this claim doesn’t really add up because lending rates aren't that high. You can’t pay 12% interest to depositors (under this explanation) if you’re not lending to someone else at 12+%. > > If anyone has seen a detailed accounting of any of this, I'd love to review it. > > **Leadership** > > For the sake of completeness, I’ll note some people have concerns about the past activities of senior leadership. You can [read this](https://www.thedailybeast.com/cryptocom-ceo-kris-marszalek-had-messy-past-before-staples-center-renaming) and make your own decision. I personally think the story is overblown. > > **Limited US Functionality** > > The lack of a US exchange is a big limitation. Everyone knows this. Also, if you’re just on the app the research tools are incredibly limited. You can only see 6-months of charts, there’s virtually no information about what you’re buying, you’re vulnerable to the fees above etc. A lot of people (Rich Boomers, elder millennials, etc.) just aren't ready to trust meaningful funds to something that's a limited app. > > **Chintzy Missions** > > This might seem minor, but some people hate “Mystery Boxes” in the app. It’s a little gamification, but the rewards are so low (most boxes earn the equivalent of finding a dime or two in your couch) that many people would rather have nothing than get small amounts of free CRO. You can be the judge of the logic there, but there’s no question people get mad about it. The Mystery Boxes do seem to incentivize some people to make purchases they would not otherwise make in order to collect boxes. > > *Ultimately, the bottom line to all this: CRO will suffer if crypto.com alienates its customers.* > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. Despite the cons, I’m personally bullish on CRO but I never want to be blind to the risks of an investment, so I thought hard about this. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by IAmGiff. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

Crypto.com(CRO) {{pros}} & {{cons}} with related info are in the collapsed comments below.

Mentions:#CRO

I use CRO, crypto.com!

Mentions:#CRO

ETH, CRO and olive oil because somehow cooking is an expensive investment these days

Mentions:#ETH#CRO

>sit on my current coins from previous cycles (CRO, VRA, XTZ, ALU) and hope the bullrun gives me an exit on them at some point. The exit is there and you can take it anytime you want. The amount you bought it for should be irrelevant for your current willingness to buy or sell. Imagine that instead of owning those alts you'd own their current $-value. Would you invest that money into those alts or would you put it into something else? If it's the latter, then you should sell right now and do exactly that.

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I tried this a couple months ago for a week and decided to nope out. Too volatile, too many rugs, too much bullshit. Was not a costly lesson for me, fortunately. I will simply be dcaing into BTC and ETH from now on, throw a couple hundo on some small caps, and sit on my current coins from previous cycles (CRO, VRA, XTZ, ALU) and hope the bullrun gives me an exit on them at some point.

The CRO shillers are back so take that as the early warning to run as far away as possible.

Mentions:#CRO

Is this the turn around for CRO? 🚀🚀

Mentions:#CRO

The CRO guy took the banhammer IIRC The Quant shillers are crying in their basement 😂

Mentions:#CRO

I wonder how $2 CRO guy is going xD Or the quant shillers

Mentions:#CRO

Hope so for the sake of you CRO heads out there

Mentions:#CRO

Definitely worth the 5 seconds. The CRO token price may increase over time, and you may end up with 50-100 USD worth of CRO in the near future. It may not be much, but why not?

Mentions:#CRO

Finally had the courage to ditch and cop losses from my CRO bag and maybe use that fund to buy into some other coin

Mentions:#CRO

Just a party of 5 for me $BTC , $AAVE , $AERO, $CHZ and $CRO

BTC, ETH, AVAX, CRO, Thank me in later life

Idk why no one has mentioned the Coinbase Card. No fees to spend any Coinbase-supported cryptocurrency (officially anyway, the spread is probably a de facto fee) plus 0.5% back on every purchase. It used to be 4% back before crypto shit the bed with Luna and FTX. CRO is an obvious scam. It's a centralized token with no utility except the utility a corporation decides to give it.

Mentions:#FTX#CRO

Icy White holder for years. Was briefly tempted to opt for Obsidian when CRO dipped hard last year, but given the ease with which CDC 'revise' the offerings per tier, decided against it. Customer support - even for us 'Private' members - is not what it once was. Can see CRO at $2+ by 2030, but no way am I dropping £300K on an Obsidian for 5% when Icy already gives 3%.

Mentions:#CRO

ADA, Algo, LTC, LRC, ETC, BCH, CRO. Buy them. Show us. I dare you.

I have a CDC card and since they pulled back on their benefits I've stopped using it completely. You're better off using a regular CC and getting the points/benefits from that and then purchasing CRO if you want it. There's many credit cards that offer more than 2-3% back, without locking up a fair amount of money with CRO.

Mentions:#CC#CRO
r/CryptoCurrencySee Comment

That was me. I saw the Matt Damon commercial and staked my CRO at 70 cents. By the time I could unstake, it crashed to like 15 cents. I hate Matt Damon.

Mentions:#CRO
r/CryptoCurrencySee Comment

CRO has 28 days

Mentions:#CRO
r/CryptoCurrencySee Comment

Well, I said CRO has no reserves not CDC. CDC != CRO

Mentions:#CRO
r/CryptoMarketsSee Comment

I'd say a good place to start with this would be to go to [coinmarketcap.com](http://coinmarketcap.com), take a look at top 20-150 coins, and see what they're about. Anything under 2b market cap has a chance to 10x in bull market peak. A lot of interesting investments to be found around 50-500m MC. Ignore "dino" coins from 2017 like NEM, XTZ. Don't follow the hype around coins like XRP or CRO. Avoid privacy coins like XRM or DASH (despite the use case, it's only a matter of time till most exchanges delist them, no point in market makers pumping them then). With your risk tolerance you should be able to find 20+ coins easily that sound worth investing into. I'd also recommend diversifying into multiple, don't put all your money in one coin.

r/CryptoMarketsSee Comment

Define what you you’re really looking for, timeline, risk tolerance, develop a strategy and stick to it. You can modify the strategy as you go along, but be very wary of FUD and FOMO, this is a time for Fear & Greed in equal parts. Question yourself often, don’t marry any crypto and don’t forget about taking profits or swapping to a different coin. You’re never going to figure out all the thousands of coins/tokens, look for staking opportunities and remember, if it’s too good to be true, then it probably is! Decide on a CEX, learn about DeFi, and different wallets, what they provide and why, I’d say this is critical before you buy anything! (You’ll need a CEX regardless to buy & sell). Your jurisdiction can be an influence in this regard. As others have said, BTC ETH are a good bet for not losing anything, if you’re risk adverse, however don’t expect a 10X, or even a 4X (IMO). As a real outside bet for a small amount, MERY is a relatively new meme coin on CRO, it “should” jump IF it gets listed on some/one major type exchange, hopefully CDC. Many thousands in between those two levels, good luck 🍀

r/CryptoCurrencySee Comment

Blockchains have rebranded before. Nano was RaiBlocks. Polygon was MATIC. CRO was MCO. Currently everyone assumes ICP is a scam when it isn't. So what do they have to lose?

r/CryptoMarketsSee Comment

I would say CRO due to their agressive advertising politic. When/if there is to be more money on the market, you can be sure there will be people to buy it again.

Mentions:#CRO
r/CryptoCurrencySee Comment

I'm holding my CRO and hoping

Mentions:#CRO
r/CryptoCurrencySee Comment

CRO is in far better situation than most of the alts. Sooner or later, it will start pumping. I wouldn't sell.

Mentions:#CRO
r/CryptoCurrencySee Comment

CRO is dead and forever will be

Mentions:#CRO