/biz/ - Business & Finance

>>22505848

Don’t know except I bought $1,000 worth of CRO yesterday to stake with.
Also their card options are pretty good when you consider the other shit they pay for and their cashback.
Fuck trannies, fuck jannies, and most importantly fuck NIGGERS.

How much is a cool metal card?

>>22505848
Dead garbage project #2,345

Safex. Look into it.

>>22506051
Free.
They give different bonuses based on the amount of CRO you’re staking.
After you stake approximately 15k worth of CRO you earn 4% cash bash on every debit card purchase, you earn 18% APY on your stake, and you have 3 separate subscriptions that get paid for (netflix, amazon prime, and spotify) which is worth like $25 per month.

No thanks. Looked into it and decided that crypto cards are still shit.

>>22505848
I have 10000 staked and an indigo green card. Honestly if I could go back again I would have taken that money and just put it in defi. 18% annual interest is garbage when you can just go do something as basic as putting DAI in a yearn vault for 54%. Crypto cards are shit because they are prepaid debit cards and thus restricted to proof of sale merchant systems. Their swapping system through the app has a pretty nutty spread too, the fact that you can't use the exchange in the US is disappointing.

These projects are pretty good for capturing normie onboarding but the moment they investigate further into crypto, they'll realize they are being completely kiked with those laughably low interest rates in Earn.

>>22506280
on another note, I really think this all comes down to regulation. The opening up of custodial accounts through banks was good for this industry but it has it's limitations. CDC is also attempting to be all on the up-and-up as it navigates these new regulatory waters, so has been particularly conservative in their own right. The custodial accounts through Metropolitan Commercial Bank are close but no cigar at this point.

Merchant services is a big plus but they seem to be lagging in their streamlining and implementation. I imagine Paypal announcing its move to start dealing in crypto has been a big thorn in their plans.

Progress and innovation are all good signs as we strive closer and closer to mass adoption though!

>>22505848
>Defi swap program
what is this?

Scam, hidden fees negating cash back and then some, though they'll tell you there's no fees at all. I have a ruby card and only use it for urgent situations (no money in norm bank account, have to spend crypto, though you can't actually spend crypto with it, that's another lie, you have to sell into fiat first and I have to use funking Singapore dollars here in AUS)

>>22507596
Basically a pool with CRO pairs, currently its quite limited but you can yield and farm with CRO

https://help.crypto.com/en/collections/2543099-defi-swap

>>22506098
Wrong the basic card tier is plastic

>>22506280
18% and 54%!?! How is this sustainable??

>>22507960
u takin the piss m8

>>22507960
It's not. It bitconnect tier scam that relies upon new gamblers and loans to sustain it's payout system. It will be a miracle if any of these high Apr defi scams are still around a year from now.

They are essentially dressed up versions of all of those gay ass eth pyramid contracts from 2018/19

>>22505848
it's alright
I have the red card and it does what it says it does. The earn feature is decent, there are better rates elsewhere but crypto.com has more supported coins than any other place I looked (I use a couple different crypto interest earning programs personally)
as >>22507722 said there are some hidden fees, for example when you sell a usd stablecoin you're going to get ~$.99 per coin, regardless of which coin, and when you buy it will be ~$1.01. Obviously there's a bit of a spread. Withdrawal fees are constant and not dependent on current network rates, sometimes this is a good thing, but usually you're paying slightly more than you would have if you were paying the current network fee rate.
You also pay visa/mastercard fees yourself when buying with a debit card (they're currently waiving the typical additional 3% fee on debit purchases), and I had some trouble setting up a bank connection with them (my bank did not recognize the routing number and wouldn't send funds).
free spotify is pretty sweet though, might be worth it just for that

>>22507892
>but you can yield and farm with CRO
Which pairs are in?

>>22508060
how to spot a legit opportunity?

>>22505848
it's a fractional reserve scam.

>>22509027
Is this the new biz buzzword of a month? Every fucking thread on this board and someone is bitching about fractional reserve shit

>>22509027
Says the guy that purchased shitcoins and go nuts in a fictitious 54% APY.

>>22508626
Spotify and Netflix are good. I’m only using my card to pay for those services. :)

$Ofin #protocol giving early access to selective traders.
If you are interested to participate in our incentivized beta testing please fill the form. If selected you could win upto $1,000 worth of $ON tokens.

https://docs.google.com/forms/d/e/1FAIpQLSe3r2bSpLONRHA4vmKl0RzovZwnPUOPo4fSJKBrKezo_JfD1Q/viewform

>>22509561
Poo in the fucking loo

this is hilariously overpriced compared to SXP. and fuck the CCP

Idk but I’m switching my stinkers over to celsius since they cut the link deposit yield from 6% to 3%. Celsius has a 4.9% or something.

>>22509679
Why are you sxp bagholders so desperate? Prices for the cards will probably wind up being equal once your cards actually release. Bit of discrepancy here and there. Cope? Afraid of competition? Weird as fuck

Looking for a good investment in this bull run without much risk?
Here I introduce hedget to you.
Hedget is new gem low cap defi project.
Hedget is an incubated chromia layer 2 protocol based defi project.
Hedget is first derivatives exchange on defi platform.
With only 1.17 million supply and insane hype hedget will be project to watch out for q4.
First mover advantage to hedget.
Hedget is making sure investors don't liquidate.
One of the safest and economical exchange.
Currently trading above $10.
Will be fly soon.

>>22509781
YouHodler 6% and you can get cash in your bank.

>>22509824
We don’t want to make you rich Dev.

Why not find a real job instead of trying to steal my hard working money earned from my sugar daddy?

>>22509824
HOLY FUCK MODS WAKE UP AND DO YOUR JOB THIS IS THE FUCKING WORST

>>22509811
120mil vs 3bil market cap. Are you a moron? Also FREE HONG KONG

>>22509913
GeT iN eArLy!!!!!!!!!!!!!!!

Such a crazy amount of cope. I'm perfectly fine with the benefits my green card provides me and even in the event of a flash crash I'll still be in the green. I have nothing against sxp I think it's a great project. But your token is a lot more like MCO than CRO was and you have a similar market cap with similar features. Meanwhile CRO has more utility beyond the card (and always has hence why the valuation prior to the swap).

$hget means no liquidation no tension for me as a trader

>>22510047
Poo in the fucking loo

>>22505848
If they don't keep the zero fees model I will be really bummed out. Aside from that, it's a solid working project with an actually ****real**** use case and you absolutely should own some.

Stake 10k CRO and get the jade card for the free netflix. You get the cashback in CRO.

>>22509913
MCO was the utility token for Crypto.com, not CRO. They've only recently moved it to CRO. So you're implying that Binance will have BNB and SXP and they'll both be billion dollar projects. DYOR. Also, once the Binance cards release, SXP will fizzle. No reason for a side project when Binance has their own cards and that's where all their users will go anyways. If Binance weren't releasing their own cards (which includes a 7% card ~more tiers~) I would have kept my stack but makes no sense at this point. CZ just wanted the team and technology.

>>22509824
Presale is over, time to dump on bizlets huh?

>>22509561
Filled the form dude.. fingers crossed!!

>>22510290
oh, like how CRO fucked over MCO holders? and no, you dyor.