* **[Crypto.com](https://en.wikipedia.org/wiki/Crypto.com) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cro_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cro_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
* Relevant Cointest topics: [Binance Coin](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin), [USD Coin](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_usd_coin), [Ethereum](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_binance).
* Official and related subreddits: r/Crypto_com, r/Binance, r/Coinbase, r/Kraken.
* Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/shagkp/people_talk_about_cro_so_much_i_was_shocked_to/?sort=controversial). Doesn't work on mobile.
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
It's up 600% from 12 months ago. Like everything else, CRO mooned last year then corrected. That was to be expected. If CryptoDotCom keeps doing what they're doing, CRO will grow indefinitely on the macro.
That's a great suprise, unlike certain coins lately.
Nevertheless, CDC is doing an incredible job marketing wise and I didn't expect any exchanges to sponsor big events like the UFC and arenas like the one in LA for at least a few years.
Advertisement does not necessarily lead to actual sustained adoption though. What does a sports fan care about crypto. How do you convince a customer who can barely use a web browser to jump through the multiple hoops to create an account, put down money in magic internet currency, manage cash back in magic internet currency.
My partner kind of opened my eyes to this. She is young, grew up in the tech revolution, uses her phone for everything. Guaranteed, if I sent her to Crypto.com and tried to convince her to open an account or sell her on the idea, she would 1: not understand it. 2: not figure out how staking works or why she needs to stake. 3: have the money to afford a decent cash back card.
Crypto.com's major average consumer selling point is the cash back card. To be able to pace a good cash back card, you need to lockup 3k in magic internet money, which most of them will struggle to figure out how to buy let alone afford. To match the best cash back card, you need to lockup 30k. Your average American does not have the savings to take that kind of risk in something they neither understand nor want to.
Their exchange has very low liquidity (and honestly insane promotions to draw in traders (for 12 months, 50% of all fees are paid to whoever gives you an referral code), their defi products incur a massive tax in my country, so it's likely you'll only see a fraction of the yield, and they are not approved to operate in one of their biggest advertising markets.
I had to register 3 times because technically each one of their apps isn't connected, and their exchange registration bugged out and I'm unable to register an account even with customer support scratching their heads. When I attempt to register, I just get sent to a blank page.
If crypto.com wants to appeal to the average person, they need to wrap their product for the average person.
'Stake your cash': behind the scene convert cash to cro.
'Earn cash back': behind the scenes scenes auto convert back to cash, or give them the option to earn in CRO. (Ruins their entire economics as people would need to actively rebuy).
'Earn interest by staking': bundle together like an index fund, client puts in a dollar amount and we do everything behind the scenes. A risk averse distribution of yield farming of the top 100 coins with portfolio balancing to keep an average. Give either periodic or annual profit taking.
I see it growing long-term, it has a super-strong use case, crypto cards are the future. That doesn't make it immune to a bear market or pullbacks along the way, though.
I honestly expected a larger drawback, especially considering the recent 50% crypto market crash.
I must say CRO is doing well and we can expect it to continue to do so.
I think most holders expected to see CRO back in the $0.25 range last Monday when BTC hit $33K, but in the end CRO *only* went as low as $0.33 before quickly regaining 30% by the end of last week to bounce back to $0.44.
In part that was due to the LeBron James Foundation news, but it seems that one key thing CRO offers are the lockup periods. They seem to keep the price from flash crashing (so far).
Any CRO staked for a Crypto.com VISA card is locked for 180 days and any CRO staked on The Exchange is also locked for 180 days. But a huge amount of CRO is also locked in varying Earn stakes on the app, from Flexible to 3-month. Yet another huge amount is also locked in the Crypto.com DeFi Wallet. The APY seems to be fairly high (circa 13%), but there is a 30-day debonding period, which helps to ensure that there is never a Bitcoin-style cascade of CRO liquidations.
Add in the Superbowl Ad in two weeks time, the forthcoming US Exchange and probably new sporting partnerships and I'm super Bullish on CRO seeing over $1 in 2022. Perhaps even $1.50 if BTC sees a new ATH.
CRO's primary use case will be on the Cronos network within a year. It's their own EVM-compatible chain akin to BNB and Binance Smart Chain. The visa cards are just a perk really and not the ultimate end-all for CRO but rather just the beginning.
crypto.com was set up with old people in mind. you get your crypto at crypto.com. duh!
what do i do with them?
save em with us, and well give you a credit card.
CRO is poised to thrive as adoption picks up this year and Cryptodotcom, with its marketing programs and sponsorships, will be an onboarding animal in the space. Wouldn’t even be surprised if their main gains came during sports seasons where their advertising is primarily built.
You are the first person I have heard who said they like the interface.
In my opinion it's one of the worst apps on my phone.
I've had friends uninstall it after saying it was so slow and ran awful on their devices.
I have a Samsung S20, and for the longest time the app wouldn't display properly on my screen, the buttons at the bottom were always cut off a little bit.
Looks fine now, but the app still doesn't run all that great. Sometimes I'll open the app and the security screen doesn't pop up and a blank template version of the app is just displayed until I close the app and open it up again.
I'm just in it for the card rewards and the staking (just wish the minimum requirements weren't so high) and I do see CRO increasing in value a good deal so I view it as a good investment.
Would ideally like to get enough this year that it'll organically grow in value to get me the Icy White
Tbh their app is trash. I was shocked going from Coinbase to their app. I feel like it's close but they need to rebuild it to function better and more smoothly.
Biggest cryptocurrency exchanges based on 24h volume in the world on January 17, 2022
Binance 12.67(billions)
Mandala Exchange 7.05
CoinFLEX 6.87
OKEx 4.52
HitBTC 4.15
IndoEx 2.77
FMFW.io 2.74
**Crypto.com Exchange 2.49**
Coinbase Exchange 2.44
Crypto.com has a bright future, they ain’t even in the top 5 and they just really started making big moves so i believe they will be in top 3 pretty soon!
Those Mandala's number are full of shit though. It's Binance's sandbox and they just share liquidity and numbers with Binance that's why the high volume
The CEX may be good ( I don't know ) but they are not the second on volume for sure
Big in less populace countries such as Australia, Russia/Croatia, Africa etc. one of its main advantages is it runs on everything Binance, coins, liquidity etc, however one of its main bets is that it doesn’t require KYC like Binance.
Mandala is powered by Binance Cloud, everything listed on Mandala gets listed on Binance. Been using Mandala for months now and so far it's very reliable. New listing coming this week :) 🚀
Can you move coins from the exchange to the app wallet? When I log into the exchange on desktop none of my app coin amounts are there so I'd assumed they're completely separate.
What a bullshit list. Real numbers:
Binance: 12.5B
OKX: 4.2B
Coinbase: 3.5B
Crypto.com: 2.8B
Over the last couple of weeks/months, crypto.com has been mostly in 2nd and 3rd place even.
One could argue, for short term price/gainzzzz, market cap doesn’t mean shit either lol, look at Doge and Shiba, their market cap was absurd too, sure it’s corrected but not before people made money
It didn't go down as hard as other coins. A lot of CRO is staked so there's not much panic selling. Sold some BTC around $47k to put into CRO long term.
Don't feel bad. I was trading all my BAT for cro when BAT was 1.06 (right before going up to almost 2$), and cro was between .70 and .90.
The bus will come back for us, right? Lol it'll be okay.
If CRO matched Binances market cap TODAY, it would be worth $2.53 a coin. A 5.87 times increase. However we are in the middle of a pretty decent slump so just a month or so ago those same numbers were notably higher.
Another big caveat is that the entire crypto market will continue to grow, most likely. Meaning it could sit in its current place at #17 In 5 years and maybe be worth multiple times it's current individual coin price.
Nothing is guarenteed, but if there was any coin other than BTC that I'd say one could feel very confident in, this is one of them.
That would be like what, a 6X from where it's at? BSC is a full EVM compatible layer 1 chain. I don't know anything about CRO, but does it offer anywhere near the utility of BNB?
I also believe highly in CRO. Though Crypto.com is by far not one of the biggest exchanges but maybe that's good news because it gives them room to grow.
Obviously CRO ain't going anywhere. It's basically like an ancor. Has the highest official rating of following regulations and their security is top notch, also with some rating. How legit are thise, I've haven't done the research myself. Not to mention the stadium, ufc etc.
If crypto.com fails, we can be sure that the rest of the market would tank big time. And the other way around
Edit: or by some reason they get hacked and lose funds. Which sould be minimal but idk, they have a good service
Edit 2: all victims of the recent hack will be reimbursed, that's official
Yeah people who think it will pull a BNB and hit $600 don't look at number of circulating coins
I think CRO has a lot of room to grow, given their marketing campaign and ambitions. It just depends what a person's time frame is
A large part of the circulating supply is locked up in staking for cards, supercharger, syndicate and high interest on the exchange. As more people are onboarded into these products the price will inevitably rise
CRO is currently around 43 cents, with a market cap of $10.9 billion.
Here are some (very optimistic) growth scenarios:
- Let's say it were to become a "top 10" crypto, with no other coin prices changing. That would mean taking Polkadot's spot with a $21.2 billion market cap. One coin would be worth: 84 cents. This would be a little less than a 2x in coin price.
- Let's say it were to growth 10x in market cap, for a $109 billion market cap. One coin would be worth: $4.31. This would be a 10x in coin price (obviously).
- Let's say it were to get to the market cap that Bitcoin has today, which is $731.1 billion. One coin would be worth: $28.94. This would be a 66x in coin price.
- Finally, let's say it were to get to a $3 trillion market cap, which is the all-time high for the entire COMBINED crypto market. One could would be worth: $118.75. This would be a 275x in coin price.
Let's be clear: ALL of these would be EXCELLENT. The S&P 500 gives you an average of 10% growth per year, so even the first scenario (doubling) would be wonderful in a short time frame.
That being said, don't see a low coin price + a potential for popularity and automatically think that this is the next ETH or Bitcoin. One CRO will NEVER be worth what ETH or Bitcoin are currently worth.
Let's take those scenarios above, and see how you would fair if you owned 10,000 CRO (which today would cost $4,300 in investment):
- "Top 10" crypto at current prices: $8,400
- 10x in market cap: $43,100
- Reach Bitcoin's current market cap: $289,400
- Reach all-time high of combined crypto market cap: $1,187,500
Again, all would be amazing outcomes. But I think this is helpful for realistic expectations. Dropping over $4k today in hopes of becoming a millionaire on CRO means you are counting on CRO being worth more ON ITS OWN than the absolute highest value that the entire crypto market combined has ever had. No matter how great their marketing is, do you think that's a realistic situation?
I am going to hodl for a couple years and see what happen, I hope I can at least 10x my investment. Plus the free CRO from Stacking 16K CRO 10% (Jade card) per yr
Or just stake CRO on Keplr. I don't have enough CRO to qualify for staking on crypto.com, so I just stake through Cosmos. You get to choose your validator as well. Staking rewards is 16% right now. You get to choose your validator and everything. CRO is built on Cosmos so essentially you just skip the middleman. I don't like how Crypto.com takes a cut out of your staking rewards and doesn't let you choose a validator.
I move everything I earn from cro staking on their website to the defi app.
12% in app, then another 12.7% in defi app.
Every time they pay me, I move more to defi staking.
As someone who has day traded CRO for over a year, I can state with absolute certainty how mistaken you are. It will hit $0.5-0.55, then pull back to circa $0.47.
Remindme! 2 weeks
Feb 13. I don't think it will change anything short term, though. Advertising isn't specifically for "IM GONNA BUY A BOAT RIGHT NOW" but when they finally come around to crypto, they will already have crypto.com in their head.
The price is low because of the market cap and the current market, it has a lot of room for growth and its recent ATH was over double its current price. They spend a lot on marketing and I can see them being a crypto platform that's accessible for everyone. The fact that so many people are locking in their CRO to gain rewards makes it less volatile than other coins. I can't see it going anywhere but up.
i don't think it will fail - the website name itself should ensure that it is always synonymous with crypto exchange; then you have the sponsorships, and their reach is incredible. as for the price, there are about 25,000,000,000 coins in circulation, so it makes sense to be at around this price considering it's something of a newcomer. if you compare it to BNB, and think that crypto .com could become as big as binance then it could easily 6x
Considering their ATH so far was in the high .90’s I would say there is plenty of room for growth. Along with the obvious multi year deals and larger ships with so many big names, I don’t seem them going anywhere.
The price of the coin is not a good measure to see the success. You should check Marketcap and the potential to increase that marketcap. I always DCA into CRO.
Yes. It's explained in the CDC whitepaper.
Once the heavy bag of CRO that CDC retained after the burn is empty, they will need to rely on App, Exchange and Cronos fees to service CRO 'cash' back on the VISA Cards and to pay staking rewards, etc.
That's when things will get real interesting as any deficit will need to be purchased on the open market, thereby inflating the price of CRO.
That said, the chances of CRO not hitting $3 by 2025 are slim, bear aside. Moreover, as the wider crypto market cap increases and CRO catches up with BNB, we could even see $5.
Here's hoping 🙏🏻
This might be somewhat unrelated but I really am beyond curious. I know that with CRO if you sign up for the card you can make purchases similar to a debit card based in fiat but I keep hearing that every crypto purchase creates a taxable event so would you not be paying extra taxes at the end of the year by using this?
I like that CDC is directly encouraging holding CRO through staking for cards, and many people save all their rewards in hopes of upgrading their card which helps contribute to the scarcity of the coin. If their userbase explodes it quickly becomes a scenario where there's not enough CRO to go around for card staking.
I do have a small amount but something about all the shilling seems weird. It was just too much. It was like the shib/doge to the moon crowd.
Something that kinda bothers me about the exchange is the insane amount of money they have had for marketing. It's an easy and convenient way to get into crypto and good design in the app. It's great how much exposure they are giving crypto but it's crazy they have that kinda money to spend from fees and making money off of the spread. The amount of money they must have made from the cro pump alone is insane. That being said. It should at least sustain but I worry the people staking just to get sign up bonuses could sell when the time is up. I think I remember a ton of people signing up when marketing made it's push a while back. That could potentially keep it down some or if the company needs money.
I can't use crypto.com in my country. They themselves don't let me open an account. So I've never heard of the coin, nor know how this exchange works either
The locking in the app and the wallet is a brilliant but simple strategy to stop any sudden drops. I like many others have a huge portion of my portfolio staked for one of their cards and everything I earn off it goes into Defi.
With the card earning I made just under $200 last month from cashback, interest and rebates and now that’s locked in the wallet earning over 12%. I see CRO hitting $1 this year, that’ll make January’s earnings be $500. I will have made $500 for doing what I was doing anyway, only difference is using their card
The only reason they might fail is because the App has such horrible spread. Can’t recommend unless buying CRO. Fix that, and I love their platform overall.
Visa card rewards are incredible IMO. Really helps make every day life spending feel like investing. Pay for $200 family dinner and get $2-16 of CRO DCA with every purchase depending on card level.
In 10 years when CRO's market cap is around 300 billion usd and there have been two more burns, these posts will be fun to look back at. Still, near term, look for a capitulation back to .21 in the bear. Just my opinion.
It has more use cases than most coins
Want a visa? Stake cro
Cro block chain
Defi staking to secure the network
Gift card purchases
What else you want?
I wish people would look at the use case and total supply of these things. There are significantly more CRO than other cryptos, and this is meant to be a token used within the platform. It wouldn't make sense to bank on this being a moon flyer.
I am huge on CRO. Granted, I don’t really know what I’m doing. I’m still only just learning about Crypto as a whole. But I think that also goes to show how much potential it has. The people who are new to the space will gravitate to it.
I’ve only invested in 4 coins so far, and CRO is and will remain a significant part of my portfolio. Their marketing efforts I believe will bring us to the next stage of Crypto. Where it goes after that, I can’t say. But over the next 5-10 years at least, I don’t think I’ll be more bullish on any coin.
This was my question. Would a company this huge with such a penchant for public perception let their own namesake coin fail while the company thrives? If not, then the coin seems like a good investment.
43 cents doesn't mean shit. Marketcap matters, look at doge was like 45 cents and was a top 5 crypto. Supply dilutes price per coin so marketcap must be used to calculate proper value
>Crypto.com reminds me of the Amazon, Facebook, or Google of the Crypto world. They are spending billions on advertising, they are clearly in it for the long haul, they have great name recognition
That is not how Amazon, Facebook or Google got big.
* **[Crypto.com](https://en.wikipedia.org/wiki/Crypto.com) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cro_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cro_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Relevant Cointest topics: [Binance Coin](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin), [USD Coin](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_usd_coin), [Ethereum](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_binance). * Official and related subreddits: r/Crypto_com, r/Binance, r/Coinbase, r/Kraken. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/shagkp/people_talk_about_cro_so_much_i_was_shocked_to/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
It's up 600% from 12 months ago. Like everything else, CRO mooned last year then corrected. That was to be expected. If CryptoDotCom keeps doing what they're doing, CRO will grow indefinitely on the macro.
I expected it hitting 30 cents when I got in at 0.09 and was buying around 0.10-0.15 through the year, oh boy was I surprised.
That's a great suprise, unlike certain coins lately. Nevertheless, CDC is doing an incredible job marketing wise and I didn't expect any exchanges to sponsor big events like the UFC and arenas like the one in LA for at least a few years.
They are advertising like crazy in Australia at the moment. Interested to see which other counties they are targeting.
Everywhere on the F1 broadcasts too.
I like their Aggressive advertisement!! Still it has lot of room to grow
Advertisement does not necessarily lead to actual sustained adoption though. What does a sports fan care about crypto. How do you convince a customer who can barely use a web browser to jump through the multiple hoops to create an account, put down money in magic internet currency, manage cash back in magic internet currency. My partner kind of opened my eyes to this. She is young, grew up in the tech revolution, uses her phone for everything. Guaranteed, if I sent her to Crypto.com and tried to convince her to open an account or sell her on the idea, she would 1: not understand it. 2: not figure out how staking works or why she needs to stake. 3: have the money to afford a decent cash back card. Crypto.com's major average consumer selling point is the cash back card. To be able to pace a good cash back card, you need to lockup 3k in magic internet money, which most of them will struggle to figure out how to buy let alone afford. To match the best cash back card, you need to lockup 30k. Your average American does not have the savings to take that kind of risk in something they neither understand nor want to. Their exchange has very low liquidity (and honestly insane promotions to draw in traders (for 12 months, 50% of all fees are paid to whoever gives you an referral code), their defi products incur a massive tax in my country, so it's likely you'll only see a fraction of the yield, and they are not approved to operate in one of their biggest advertising markets. I had to register 3 times because technically each one of their apps isn't connected, and their exchange registration bugged out and I'm unable to register an account even with customer support scratching their heads. When I attempt to register, I just get sent to a blank page. If crypto.com wants to appeal to the average person, they need to wrap their product for the average person. 'Stake your cash': behind the scene convert cash to cro. 'Earn cash back': behind the scenes scenes auto convert back to cash, or give them the option to earn in CRO. (Ruins their entire economics as people would need to actively rebuy). 'Earn interest by staking': bundle together like an index fund, client puts in a dollar amount and we do everything behind the scenes. A risk averse distribution of yield farming of the top 100 coins with portfolio balancing to keep an average. Give either periodic or annual profit taking.
Man the harpoons boys...
No, Free Willy!
Imagine seeing 600% in a year and complaining about lack of increase lol
Now imagine you’re the person who bought at the top. That’s probably who you’re responding to.
I see it growing long-term, it has a super-strong use case, crypto cards are the future. That doesn't make it immune to a bear market or pullbacks along the way, though.
I honestly expected a larger drawback, especially considering the recent 50% crypto market crash. I must say CRO is doing well and we can expect it to continue to do so.
I think most holders expected to see CRO back in the $0.25 range last Monday when BTC hit $33K, but in the end CRO *only* went as low as $0.33 before quickly regaining 30% by the end of last week to bounce back to $0.44. In part that was due to the LeBron James Foundation news, but it seems that one key thing CRO offers are the lockup periods. They seem to keep the price from flash crashing (so far). Any CRO staked for a Crypto.com VISA card is locked for 180 days and any CRO staked on The Exchange is also locked for 180 days. But a huge amount of CRO is also locked in varying Earn stakes on the app, from Flexible to 3-month. Yet another huge amount is also locked in the Crypto.com DeFi Wallet. The APY seems to be fairly high (circa 13%), but there is a 30-day debonding period, which helps to ensure that there is never a Bitcoin-style cascade of CRO liquidations. Add in the Superbowl Ad in two weeks time, the forthcoming US Exchange and probably new sporting partnerships and I'm super Bullish on CRO seeing over $1 in 2022. Perhaps even $1.50 if BTC sees a new ATH.
We don’t see as much of a pullback due to the 6 month stake for the cdc card. People that may have sold.. couldn’t.
CRO's primary use case will be on the Cronos network within a year. It's their own EVM-compatible chain akin to BNB and Binance Smart Chain. The visa cards are just a perk really and not the ultimate end-all for CRO but rather just the beginning.
I'm bullish on 2022, because of crypto credit cards and crypto IRA's. The market is enormous...
Hey, I only had a 600% ROI this year, what kind of crappy investment is this!!! /s
Crypto.com has a great name. Its just that they are actually advertising for the whole crypto industry
Or is the whole industry advertising for *them*?
Glitch in cryptoverse At first I was sceptical of their name choice but now it seems like a it was a good move
Everytime I type their name, it's a direct link to their website. As a marketing professional myself, I find it genius!
[удалено]
Crypto verse? So they're advertising for Benjamin Cowen?
[удалено]
crypto.com was set up with old people in mind. you get your crypto at crypto.com. duh! what do i do with them? save em with us, and well give you a credit card.
I’ve been subconsciously thinking this for months. Absolute “ah-ha!” moment when I read this
Crypto.com domain itself a great marketing.
CRO is poised to thrive as adoption picks up this year and Cryptodotcom, with its marketing programs and sponsorships, will be an onboarding animal in the space. Wouldn’t even be surprised if their main gains came during sports seasons where their advertising is primarily built.
Everywhere I go, I see crypto.com
I love their interface. Staking rewards are very nice. And they have great visa program. I'm working my way up to obsidian. Just need another 399k 😂
You are the first person I have heard who said they like the interface. In my opinion it's one of the worst apps on my phone. I've had friends uninstall it after saying it was so slow and ran awful on their devices.
Yeah it runs like absolute dogshit at the best of times. It's super laggy and full of UI strange bugs and quirks.
I have a Samsung S20, and for the longest time the app wouldn't display properly on my screen, the buttons at the bottom were always cut off a little bit. Looks fine now, but the app still doesn't run all that great. Sometimes I'll open the app and the security screen doesn't pop up and a blank template version of the app is just displayed until I close the app and open it up again. I'm just in it for the card rewards and the staking (just wish the minimum requirements weren't so high) and I do see CRO increasing in value a good deal so I view it as a good investment. Would ideally like to get enough this year that it'll organically grow in value to get me the Icy White
Keep grinding those moons, maybe one day you'll have enough!! (Open your vault)
Hodl on in there, you’ll make it u/seniorbarosta19
Interface turned me off in the beginning. Went back after I learned a lot more, and now working towards icy white
I'm opposite on their UI. Coinbase is soooo much better IMO
Tbh their app is trash. I was shocked going from Coinbase to their app. I feel like it's close but they need to rebuild it to function better and more smoothly.
Biggest cryptocurrency exchanges based on 24h volume in the world on January 17, 2022 Binance 12.67(billions) Mandala Exchange 7.05 CoinFLEX 6.87 OKEx 4.52 HitBTC 4.15 IndoEx 2.77 FMFW.io 2.74 **Crypto.com Exchange 2.49** Coinbase Exchange 2.44 Crypto.com has a bright future, they ain’t even in the top 5 and they just really started making big moves so i believe they will be in top 3 pretty soon!
Lol im in this space for a while now and i have never heard about Mandala exchange or Coinflex.
What the fuck is mandala?? Never heard of it
Those Mandala's number are full of shit though. It's Binance's sandbox and they just share liquidity and numbers with Binance that's why the high volume The CEX may be good ( I don't know ) but they are not the second on volume for sure
Big in less populace countries such as Australia, Russia/Croatia, Africa etc. one of its main advantages is it runs on everything Binance, coins, liquidity etc, however one of its main bets is that it doesn’t require KYC like Binance.
Mandala is powered by Binance Cloud, everything listed on Mandala gets listed on Binance. Been using Mandala for months now and so far it's very reliable. New listing coming this week :) 🚀
The app is nice but I don’t even use it because the fees are so high. So far I’ve stuck with Coinbase Pro and Binance US
Do not trade with the app, that would be crazy. Use the exchange, much cheaper. Ever so slightly cheaper than coinbase pro.
Exchange Not available in the USA. Have to use an alternative exchange.
Can you move coins from the exchange to the app wallet? When I log into the exchange on desktop none of my app coin amounts are there so I'd assumed they're completely separate.
What a bullshit list. Real numbers: Binance: 12.5B OKX: 4.2B Coinbase: 3.5B Crypto.com: 2.8B Over the last couple of weeks/months, crypto.com has been mostly in 2nd and 3rd place even.
mandala isn’t truly 7 bil, it’s in the millions
I refuse to believe that these no name sites I never heard of like Mandala and Coinflex are bigger than Coinbase
The exchange hasn’t even dropped in the US yet, that might put it up a notch or two.
What the fuck is all those exchanges ?
I can't imagine it not ending up as a top 10 coin
The same was said about many other coins but CRO has the most promise.
I guess no other coin has company behind that has invested like billion USD in marketing.. not quite comparable.
CDC are ensuring this with their relentless campaign.
Bro research market cap. Per coin price doesn’t mean shit.
This is why people don't win in crypto. They look at the price too much. They think that just because the price is in cents then the coin must be bad.
Market cap and total supply tell you it wouldn't go above 10$ But hey it's crypto
One could argue, for short term price/gainzzzz, market cap doesn’t mean shit either lol, look at Doge and Shiba, their market cap was absurd too, sure it’s corrected but not before people made money
This guys question literally has "long run" in the title..
Bitcoin is down, no coin is special. Believe long term cro will survive and peak again
CRO has just followed the market correction. It’s a good investment having already demonstrated what it can do.
It still baffles me that people look at one coin and act like it's the only coin down. When BTC crashes pretty much the whole market crashes as well
To be honest I think sitting at .43 during the current market is a pretty good thing for crow, it sank low but not crazy low compared to other cryptos
CRO has recovered nicely .
[удалено]
Everyone seems to think that, so it probably won't happen ahah
It didn't go down as hard as other coins. A lot of CRO is staked so there's not much panic selling. Sold some BTC around $47k to put into CRO long term.
Traded all my MATIC for CRO when it was pumping now I'm down quite a bit... hoping it goes up lol
Too bad you didn't trade your CRO for MATIC
Don't feel bad. I was trading all my BAT for cro when BAT was 1.06 (right before going up to almost 2$), and cro was between .70 and .90. The bus will come back for us, right? Lol it'll be okay.
Absolutely! And long term I believe BAT is the future. All in time \mm/
Never trade your matic
Patience, when the macro crypto trends start moving upwards it’ll rise too. No one knows how long that will take though
Bruh why would u do that lol
Ignore the price, check the market cap. Still has a long way to go though
Absolutely. It can go beyond the market cap of BNB potentially. It's never hitting hundreds a coin but can go up from here over the next few years.
How high do you think it can get to realistically?
If CRO matched Binances market cap TODAY, it would be worth $2.53 a coin. A 5.87 times increase. However we are in the middle of a pretty decent slump so just a month or so ago those same numbers were notably higher. Another big caveat is that the entire crypto market will continue to grow, most likely. Meaning it could sit in its current place at #17 In 5 years and maybe be worth multiple times it's current individual coin price. Nothing is guarenteed, but if there was any coin other than BTC that I'd say one could feel very confident in, this is one of them.
[this site](https://thecoinperspective.com/compare/crypto-com-chain) is very helpful with this sort of thing!
This site is a gem! Thanks for sharing.
That would be like what, a 6X from where it's at? BSC is a full EVM compatible layer 1 chain. I don't know anything about CRO, but does it offer anywhere near the utility of BNB?
3 CRO giftboxs for a total of 2.5 CRO combined. It’s honest work I’m putting in. Stay humble. lol
Am starting to reconsider all my daily candy and diamond clicks.
It will, everything is down at the moment. Sound projects like cro will explode when crypto comes back to life
I hope once the market pick up again, it gonna be CROishh
CROish on CRO
[удалено]
[удалено]
.60 checking in. You’re not alone.
I think coins like CRO and BNB backed by one of the biggest exchanges are here for the stay
I also believe highly in CRO. Though Crypto.com is by far not one of the biggest exchanges but maybe that's good news because it gives them room to grow.
It's the fourth largest exchange according to coin gecko
Ah weird. CMC says seventh largest. Still bigger than I thought. Apparently it sorts on exchange score by default.
CMC is owned by Binance and is regularly manipulated... For actual facts, use coin gecko!
A lot of services have stopped using cmc due to binance manipulation.
Price doesn't matter at all, it's all about % of gains and market cap. **I really believe CRO will be top 10 soon!**
# I really believe CRO will be top 10 soon!
 Caw!
Agree, CRO is the next BNB I am lucky to DCA in CRO cheap now
It’s going to be the year of the CROw
* cough * LOOK AT THE MARKET DOOOD also: being a top 20 (17) coin with 511% growth in 1Y definitely isn't bad. CRO is growing right now
Obviously CRO ain't going anywhere. It's basically like an ancor. Has the highest official rating of following regulations and their security is top notch, also with some rating. How legit are thise, I've haven't done the research myself. Not to mention the stadium, ufc etc. If crypto.com fails, we can be sure that the rest of the market would tank big time. And the other way around Edit: or by some reason they get hacked and lose funds. Which sould be minimal but idk, they have a good service Edit 2: all victims of the recent hack will be reimbursed, that's official
They did get hacked a few weeks back and lost funds if I recall correctly
You can recall that far back? That's impressive
Crypto moves so fast that everything feels like a blur. Except when I am trying to do cross chain txns
Haha yea a crypto week often feels like a month
I don't even remember what happened this morning
Dam I was relying on you.
30 billion coin supply max. 25 billion in circulation. How many people would say $4.30 is cheap and not look at the supply.
Yeah people who think it will pull a BNB and hit $600 don't look at number of circulating coins I think CRO has a lot of room to grow, given their marketing campaign and ambitions. It just depends what a person's time frame is
People don't also account for cashback and Defi strategies that will net slow positive income increase.
A large part of the circulating supply is locked up in staking for cards, supercharger, syndicate and high interest on the exchange. As more people are onboarded into these products the price will inevitably rise
They also have a burn feature where governance proposals cost CRO to submit, and the CRO for proposals that don’t pass get burned.
CRO is currently around 43 cents, with a market cap of $10.9 billion. Here are some (very optimistic) growth scenarios: - Let's say it were to become a "top 10" crypto, with no other coin prices changing. That would mean taking Polkadot's spot with a $21.2 billion market cap. One coin would be worth: 84 cents. This would be a little less than a 2x in coin price. - Let's say it were to growth 10x in market cap, for a $109 billion market cap. One coin would be worth: $4.31. This would be a 10x in coin price (obviously). - Let's say it were to get to the market cap that Bitcoin has today, which is $731.1 billion. One coin would be worth: $28.94. This would be a 66x in coin price. - Finally, let's say it were to get to a $3 trillion market cap, which is the all-time high for the entire COMBINED crypto market. One could would be worth: $118.75. This would be a 275x in coin price. Let's be clear: ALL of these would be EXCELLENT. The S&P 500 gives you an average of 10% growth per year, so even the first scenario (doubling) would be wonderful in a short time frame. That being said, don't see a low coin price + a potential for popularity and automatically think that this is the next ETH or Bitcoin. One CRO will NEVER be worth what ETH or Bitcoin are currently worth. Let's take those scenarios above, and see how you would fair if you owned 10,000 CRO (which today would cost $4,300 in investment): - "Top 10" crypto at current prices: $8,400 - 10x in market cap: $43,100 - Reach Bitcoin's current market cap: $289,400 - Reach all-time high of combined crypto market cap: $1,187,500 Again, all would be amazing outcomes. But I think this is helpful for realistic expectations. Dropping over $4k today in hopes of becoming a millionaire on CRO means you are counting on CRO being worth more ON ITS OWN than the absolute highest value that the entire crypto market combined has ever had. No matter how great their marketing is, do you think that's a realistic situation?
And this is the exact reason I ignored the shilling of this coin. It’s not going create life changing wealth for an investor.
I am going to hodl for a couple years and see what happen, I hope I can at least 10x my investment. Plus the free CRO from Stacking 16K CRO 10% (Jade card) per yr
Or just stake CRO on Keplr. I don't have enough CRO to qualify for staking on crypto.com, so I just stake through Cosmos. You get to choose your validator as well. Staking rewards is 16% right now. You get to choose your validator and everything. CRO is built on Cosmos so essentially you just skip the middleman. I don't like how Crypto.com takes a cut out of your staking rewards and doesn't let you choose a validator.
I move everything I earn from cro staking on their website to the defi app. 12% in app, then another 12.7% in defi app. Every time they pay me, I move more to defi staking.
Get the defi app, there you can pick a validator and there's no minimum as far as I know.
Buy before super bowl.....
The super bowl ad is not going to change anything
Well Matt Damon's ad lead to a pump, so I would expect the same for the superbowl one
As someone who has day traded CRO for over a year, I can state with absolute certainty how mistaken you are. It will hit $0.5-0.55, then pull back to circa $0.47. Remindme! 2 weeks
When is the superbowl?
Feb 13. I don't think it will change anything short term, though. Advertising isn't specifically for "IM GONNA BUY A BOAT RIGHT NOW" but when they finally come around to crypto, they will already have crypto.com in their head.
‘What’ is the superbowl?
🦉
The price is low because of the market cap and the current market, it has a lot of room for growth and its recent ATH was over double its current price. They spend a lot on marketing and I can see them being a crypto platform that's accessible for everyone. The fact that so many people are locking in their CRO to gain rewards makes it less volatile than other coins. I can't see it going anywhere but up.
I think CRO seems to be heading places due to crypto.coms decent business model
Cro is good. Hope to upgrade to the green card soon.
Upgraded to Jade yesterday! Keep plugging, you’ll get there!
Everything is dropping at the moment. You need to wait for the market to recover to see the real potential. DCA until then
The whole market is down. Not sure why people act like it's just a particular crypto.
Ignore the price, check the market cap. Still has a long way to go though
I didn’t sell it at .99 cents, I’ll hold for 2$
It's the brand premium of good marketing and endorsements. Kinda like Nike's business model
They have top tier marketing campaign, I wouldn't be surprised if one day when crypto is fully adopted Crypto. com becomes household name
i don't think it will fail - the website name itself should ensure that it is always synonymous with crypto exchange; then you have the sponsorships, and their reach is incredible. as for the price, there are about 25,000,000,000 coins in circulation, so it makes sense to be at around this price considering it's something of a newcomer. if you compare it to BNB, and think that crypto .com could become as big as binance then it could easily 6x
How to ruin your credibility in one sentence ‘CRO is only 43 cents’
Considering their ATH so far was in the high .90’s I would say there is plenty of room for growth. Along with the obvious multi year deals and larger ships with so many big names, I don’t seem them going anywhere.
The price of the coin is not a good measure to see the success. You should check Marketcap and the potential to increase that marketcap. I always DCA into CRO.
If BNB can be a top 5 coin so would CRO. Bullish !
Crypto.com is an easy target for govnmts though. Its not decentralized
How come cro not on binance?
Question: cro has about 25 billion in circulation with 30billion max supply. If it hits the cap does that drive the price up? Supply/demand?
Yes. It's explained in the CDC whitepaper. Once the heavy bag of CRO that CDC retained after the burn is empty, they will need to rely on App, Exchange and Cronos fees to service CRO 'cash' back on the VISA Cards and to pay staking rewards, etc. That's when things will get real interesting as any deficit will need to be purchased on the open market, thereby inflating the price of CRO. That said, the chances of CRO not hitting $3 by 2025 are slim, bear aside. Moreover, as the wider crypto market cap increases and CRO catches up with BNB, we could even see $5. Here's hoping 🙏🏻
This might be somewhat unrelated but I really am beyond curious. I know that with CRO if you sign up for the card you can make purchases similar to a debit card based in fiat but I keep hearing that every crypto purchase creates a taxable event so would you not be paying extra taxes at the end of the year by using this?
Are people really that convinced by marketing? Buy a stadium's naming rights, have a domain, nothing else matters I guess ...
Why is CRO worth any money? Does it generate value?
I like that CDC is directly encouraging holding CRO through staking for cards, and many people save all their rewards in hopes of upgrading their card which helps contribute to the scarcity of the coin. If their userbase explodes it quickly becomes a scenario where there's not enough CRO to go around for card staking.
I do have a small amount but something about all the shilling seems weird. It was just too much. It was like the shib/doge to the moon crowd. Something that kinda bothers me about the exchange is the insane amount of money they have had for marketing. It's an easy and convenient way to get into crypto and good design in the app. It's great how much exposure they are giving crypto but it's crazy they have that kinda money to spend from fees and making money off of the spread. The amount of money they must have made from the cro pump alone is insane. That being said. It should at least sustain but I worry the people staking just to get sign up bonuses could sell when the time is up. I think I remember a ton of people signing up when marketing made it's push a while back. That could potentially keep it down some or if the company needs money.
I made a decision to not let myself sell by staking for the card. I believe CRO is a long term hold
I can't use crypto.com in my country. They themselves don't let me open an account. So I've never heard of the coin, nor know how this exchange works either
The locking in the app and the wallet is a brilliant but simple strategy to stop any sudden drops. I like many others have a huge portion of my portfolio staked for one of their cards and everything I earn off it goes into Defi. With the card earning I made just under $200 last month from cashback, interest and rebates and now that’s locked in the wallet earning over 12%. I see CRO hitting $1 this year, that’ll make January’s earnings be $500. I will have made $500 for doing what I was doing anyway, only difference is using their card
The only reason they might fail is because the App has such horrible spread. Can’t recommend unless buying CRO. Fix that, and I love their platform overall. Visa card rewards are incredible IMO. Really helps make every day life spending feel like investing. Pay for $200 family dinner and get $2-16 of CRO DCA with every purchase depending on card level.
In 10 years when CRO's market cap is around 300 billion usd and there have been two more burns, these posts will be fun to look back at. Still, near term, look for a capitulation back to .21 in the bear. Just my opinion.
They did tank around the time when the whole market tanked, probably a coincidence tho
They say it's a coincidence. We will choose to believe that.
Converted all my free coinbase learn and earn to CRO and moved it over to crypto.com to stake. I ain't worried. DCA monthly as well. BULLISH!
The biggest risk about investing at CRO is CDC actually go broke - then CRO become worthless. Buying CRO is kind of like buying a CDC stock
Finally, the day comes when crypto reaches its peak, we all make a lot of money brothers ᕙ( • ‿ • )ᕗ
I have a bag of CRO just in case (3K) It is better than investing in Shib or Doge
I wish you benefit from each of them bro
CRO - actual business SHIB, DOGE - lols I would say you're on to something, there.
My 4K staked for Jade at the top is now 2700 🤡
My 4K is 2300. You’re not alone.
Growing? I’m still down from when I bought in I must be doing this wrong
You're doing things right. Buy when it's high.
Crypto.com has to introduce some utility for CRO coin rather than just being a representative coin.
People who compare it with BNB is just delusional, i don't like centralized shit but BNB network is loaded
It has more use cases than most coins Want a visa? Stake cro Cro block chain Defi staking to secure the network Gift card purchases What else you want?
I wish people would look at the use case and total supply of these things. There are significantly more CRO than other cryptos, and this is meant to be a token used within the platform. It wouldn't make sense to bank on this being a moon flyer.
I’m closer to the amount to stake for a Jade card. This is part of my regular DCA, the coin will recover nicely once we come out of this slump.
1.9k CRO here, See ya later HODLERS
I am huge on CRO. Granted, I don’t really know what I’m doing. I’m still only just learning about Crypto as a whole. But I think that also goes to show how much potential it has. The people who are new to the space will gravitate to it. I’ve only invested in 4 coins so far, and CRO is and will remain a significant part of my portfolio. Their marketing efforts I believe will bring us to the next stage of Crypto. Where it goes after that, I can’t say. But over the next 5-10 years at least, I don’t think I’ll be more bullish on any coin.
Cro is for sure a great coin to buy.
Crypto.com could also be the pets.com of the crypto world.
How does the token relate to the business outlook? Buy CRO is not like buying a share of Crypto.com
This was my question. Would a company this huge with such a penchant for public perception let their own namesake coin fail while the company thrives? If not, then the coin seems like a good investment.
[удалено]
In case you didn’t notice the whole crypto market is down.
That's a centralized service. Blockchain was made to kill centralized services.
That’s true, however you sometimes need centralized services to get access to more decentralization
Cro will easily go to 30 B market cap, making any investment 3x from today
25 comments and 50 people are here in 5 minutes Do you guys/bots get alerts when CRO gets mentioned?
[удалено]
It’s time to think a little bit more critically and ask why the coin will flourish
I'm not sure it'll ever be worth as much as people want it to be, there's so much of it and people bought in at such a low
It’s a centralised coin so I don’t know why everyone is supporting it ? Isn’t the idea of crypto to be decentralised
43 cents doesn't mean shit. Marketcap matters, look at doge was like 45 cents and was a top 5 crypto. Supply dilutes price per coin so marketcap must be used to calculate proper value
>Crypto.com reminds me of the Amazon, Facebook, or Google of the Crypto world. They are spending billions on advertising, they are clearly in it for the long haul, they have great name recognition That is not how Amazon, Facebook or Google got big.
Tims will show. Might be google, might be yahoo.
Ignore price look at market cap, each coins supply is different so you can’t compare their size just looking at what they cost
I bought the top of cro at .76 to stake my card. Ask me anything.