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.
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.
- Crypto.com Coin(CRO)$0.165549-1.00%
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 card||USD||EUR||GPB||SGD||CAD|
|Free Midnight Blue||0||0||0||0||0|
|Jade Green / Royal Indigo||4,000||3,500||3,000||5,000||5,000|
|Frosted Rose Gold / Icy White||40,000||35,000||30,000||50,000||50,000|
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 card||Staking requirement|
|Free Midnight Blue||0 CRO|
|Ruby Steel||5,000 CRO|
|Jade Green / Royal Indigo||50,000 CRO|
|Frosted Rose Gold / Icy White||500,000 CRO|
|Obsidian Black||5,000,000 CRO|
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.
- Earn free crypto with Coinbase | Learn about crypto and earnWith the platform’s Learn and Earn program, users of Coinbase can easily earn free crypto, just for learning about different cryptocurrencies. This is one of the easiest ways to enter the crypto world with some free cryptocurrency. Also, new users of Coinbase will get $10 in Bitcoin for free.
- SecuX crypto wallets big updates and discount bonusSecuX is now supporting another big smart chain alongside Ethereum and ERC-20 tokens, and also developed a portal for one of the biggest cryptocurrencies by market capital.
- Kucoin Community Chain – KCC | Huge potential for the Kucoin token priceThe Kucoin Community Chain – KCC launch, designs some massive price potential for the Kucoin token. This year we have seen what a well-developed smart chain can produce for the price of one cryptocurrency.
- Buy crypto with zero fees on Kucoin exchangeLimited time offer on KuCoin exchange, to buy crypto with zero fees using multiple payments methods. This offer comes in partnership with Banxa, a cryptocurrency payment company, which makes the cryptocurrency investments easier. Furthermore, users who buy and then trade crypto will have a chance to get a KuCoin 10% off coupon.
- Earn CAKE tokens by only holding one cryptocurrency | BABYCAKEHodl one newly launched cryptocurrency and earn automated rewards in CAKE tokens, the PancakeSwap native cryptocurrency. Moreover, the only thing you have to do is to buy and hodl the BABYCAKE cryptocurrency in your Binance Smart Chain compatible wallet.
- Sappchat Initial Coin Offering | 2021 APP token ICO ongoingIn my hunt for initial coin offerings in this currently savage world of cryptocurrency, I have come across the Sappchat blockchain project. Sappchat recently started their 2021 APP token ICO, which is going to last until September 1, 2021, and it will be in multiple phases.
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.
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.