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Crypto.com Visa cards | New staking requirements

  • by cryptofiveo
  • 23 February 202124 March 2021
  • 4 Comments
The Crypto.com MCO visa cards

The staking requirements for the Crypto.com Visa cards will change from 19 March 2021. This change will be in a good way from my point of view. From then, we will have fiat-based staking requirements for every Crypto.com Visa card.

I only hope that the Crypto.com company will no longer make any changes in the future. Because the staking requirements for the Crypto.com Visa cards shifted frequently until now.

Register for free on the Crypto.com and get $25
Register for free on the Crypto.com app and get $25

Updated Crypto.com Visa cards staking requirements

The new staking requirements, which will be implemented from 19 March 2021 at 09:00:00 UTC, will be as well in the native Crypto.com coin (CRO). But with this new update, we will have a fixed staking amount in local fiat currencies, equivalent in CRO Coins.

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • crypto-com-chainCronos(CRO)
    $0.0687490.65%

Find in the below table the new fiat-based staking requirements. Also, remember that the staking will be equivalent in the Crypto.com coin (CRO).

Crypto.com Visa cardUSDEURGPBSGDCAD
Free Midnight Blue00000
Ruby Steel400350300500500
Jade Green / Royal Indigo4,0003,5003,0005,0005,000
Frosted Rose Gold / Icy White40,00035,00030,00050,00050,000
Obsidian Black400,000350,000300,000500,000500,000
The new staking requirements

The present staking requirements for Crypto.com Visa cards

Until 19 March 2021 at 09:00:00 UTC, the Crypto.com Visa cards staking requirements are in the Crypto.com Coin (CRO).

Crypto.com Visa cardStaking requirement
Free Midnight Blue0 CRO
Ruby Steel5,000 CRO
Jade Green / Royal Indigo50,000 CRO
Frosted Rose Gold / Icy White500,000 CRO
Obsidian Black5,000,000 CRO
Present staking requirements for the Crypto.com Visa cards

Additional informations

As is written in the official announcement, the idea of Crypto.com with the new staking requirements is to support steady card staking requirements for the Crypto.com Visa card users. This, during the times of high volatility crypto markets.

As well as the present staking requirements in CRO coins. When you will unstake with the new staking requirements, you will receive back the same amount of CRO Coins staked.

For example, let’s say I will stake an amount of CRO coins equivalent to the Obsidian Black Visa card, which will be valued at $500,000. With the current CRO price, it will be somewhere around 3,333,000 CRO coins to stake. As a result, if I would stake this amount, when I will unstake in the future, I will receive back the same amount of CRO coins. No matter if the price goes higher or falls.

Let’s only assume it will go higher 🙂.

Until then, use my referral code or link to register to the Crypto.com app and get an additional $25 when you reserve your Visa metal card and stake 5000 CRO Coins.

Also, you can register here for the Crypto.com Exchange and start trading and earning cryptocurrencies.

Register for free on the Crypto.com and get $25
Register for free on the Crypto.com app and get $25
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Disclaimer

This Crypto.com Visa card update post is intended for informational purposes only. Therefore, the views expressed in this document are not, and should not, be construed as investment advice or recommendations. Readers of this document should do their own research, taking into account their specific financial circumstances. Also, the investment objectives and risk tolerance before investing. This document is not an offer, nor the solicitation of an offer, to invest, buy or sell any of the assets mentioned herein.

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This post might contain affiliate/referral link(s) or referral codes. All this means that I may earn advertising/referral fees if you purchase/register through my link.

NOTE: The affiliate links DOESN’T BRING ANY EXTRA COST TO YOU, it will just help to keep this little blog active.

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4 thoughts on “Crypto.com Visa cards | New staking requirements”

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  2. Pingback: My Algo Wallet Review and Tutorial - Interact with the Algorand blockchain | CoinMarketBag

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