Despite their flashy marketing, Crypto.com is not my favorite platform to use for crypto trading, earning or spending. Here's why & what to use instead.

00:00 - Intro
0:49 - Trading on Crypto.com
2:01 - Earning Interest on Crypto.com
4:16 - Crypto.com Visa Card
5:43 - CRO Token
7:50 - What to Use Instead
10:00 - Watch This Next

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Crypto.com is everywhere these days, whether you’ve seen them on top of arenas in LA or in their ridiculous high budget ads.

But don’t let their flashy marketing fool you - because with all that spending, crypto.com users are left with an inferior cryptocurrency platform that isn’t actually rewarding you as much as you’d expect.

In this video, I’m breaking down why you’re probably better off using other platforms over crypto.com. Whether you simply want to trade crypto, earn passive income on your crypto, or get a crypto rewards card, crypto.com is far from the best choice. Top it all off with a pretty weak native token in CRO, and I think most crypto investors are better off elsewhere. Of course, I’ll wrap up with my favorite alternatives for all of these products if you’re interested in making your crypto investments go as far as possible.

There are a ton of hidden costs when it comes to trading crypto, and these can add up fast if you’re not aware of them. Especially in the case of crypto.com, where these fees are higher than average.

Furthermore, they advertise up to 14.5% on your crypto, but as you’ll see, it’s incredibly difficult to get these rates. This is from a combination of the requirement to lock up your assets, the requirement to stake the native CRO token, a tiered rate system, and above all, recent rate cuts that lowered interest even further.

I find their cards to be overrated too. The main problem with the crypto.com visa cards is that they require you to stake a huge amount of CRO tokens for very little benefit.

And the fact that everything is so dependent on the CRO token makes everything worse, especially because it’s such an unappealing asset to hold. Ultimately, if I don’t think the asset will appreciate, I certainly wouldn’t want to buy, hold or stake it when there are more attractive cryptocurrencies out there.

#crypto #cryptocurrency #cryptocom

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This video is meant for informational purposes only, and is not a recommendation to buy or sell any security or cryptocurrency. It is also not a research report and should not serve as the basis for any investment decision. Additionally, I earn commissions for purchases and sign-ups made through the links above.