Crypto.com Card Review - EVERYTHING You Need to Know!
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- เผยแพร่เมื่อ 13 มิ.ย. 2024
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0:00 Intro
1:22 Signing up for the crypto.com visa card
3:08 Unboxing
3:30 6 month lock up
4:42 after the 6 month lock up
5:53 spotify and netflix reimbursement
6:16 how to load up your debit card
7:09 how to pay with your crypto
8:33 sending other users money
9:16 card Fee and other
9:44 should you get the card?
10:27 adoption
10:50 security
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All opinions expressed in the video and this description are for entertainment only. You should consult a licensed professional before buying any cryptocurrency or digital assets. Everything in this TH-cam channel is for entertainment only. - ภาพยนตร์และแอนิเมชัน
Cro was 0.07 - ooo how its pumped since then lol
Yes hit a all time high of 0.54. It’s definitely touching a dollar soon
Shit was basically sitting @ a quarter for 5 months and now it 50 cent and climbing since the start of November; definitely above a dollar by January im betting
Look at all the prices Damm they were so low compared to now
I was lucky enough to grab a small chunk at $0.115. I definitely want to get more
.80 now…
*Please beware of spam comments by fake accounts impersonating me!*
How this video was helpful! Which card do you have and what do you love about it? Let me know!
I have ruby and use it to get CRO dust whenever I feel like not using my credit card
Hey. What if they don’t ship the cards to my country. If I apply for the ruby card do I still receive all the benefits and perks without even receiving the card. Please answer I really wanted to know. I live in Malaysia 🇲🇾 by the way
do they have an option to create a virtual card ? we can delete it at any time and create another ??
So Eddie now that they are changing the staking rates you can only stake up to 3 months so if you started now you would have to upgrade to the 5000 cro stake after the 3 months correct?
@@markyymarknft6662 no it’s only if you decide to withdraw/unstake or change your card privileges. You can restake after 3 months indefinitely, essentially somewhat compounding (just a little) your interest on a quarterly basis.
Thanks so much for a raw "how too" on this app and card, Thanks for not talking slow and dragging it out either!
YES! Invest in yourself first! Love that. Very informational - Thank you.
Eddie, I love your explanation as to what CRO is. Now that I know what it is. I may start using my CRO on my card.
Great info! I already have one of their cards and they are FANTASTIC! Thx Eddie.
Could you tell me what are the fees like converting your crypto into fiat to then spend? Thanks!
Thx for the details!
Thank you very nice delivery info
Just picked up the ruby red card. It cost me $400 at the current price. June 1 2021. Awesome video. Cant wait to use these benefits.
So do you have to pay that up front? 😖
Me watching this on the 19th Jan 🥲
nice profilpic!
Honestly lol
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc
Thanks to *Scottwanye5* on telegram I got my credit card from him valid and trustworthy vendor💯
Great video, you gave me all the info I needed
Thank you for sharing this.
All this information is so amazing! Can't believe I'm just learning about this now!
Careful ur capital is at stake!
It would be good if they sent their cards out..!
Awesome breakdown! Really wish the card was used more of a credit card instead of a debit card that you have to keep loading. Makes you constantly have to think about the amount on the card. I'm still sold.
Yeah it really is a future card to be honest. Fiat currencies in many countries due to this pandemic probably only have a few years left before those systems collapse due to hyper inflation. Crypto (especially limited supply ones like Bitcoin or Zachary) will retain or gain value in those situations. Having a method to spend that currency when your fiat is worthless will be immensely important to the continued flow of society and survival for yourself. Very exciting stuff
Nice video brother!! Very well explained! Thanks for that 🙏🏻
SUBCRIBED EZLY! Thank you for the quality content!
Always my preference when it comes to saving, I plan to make a video on it also.
Good vid Eddie! 👌
Can someone please tell me if you can get cash back for paying off credit debt with the ruby steel card?
I think it's important you talk about the capital gains tax on every purchase made using the crypto currency card.
It’s not on every purchase. All that happens is the amount in purchases plus amount in balance is compared against the amount you put in at the beginning. If that’s more than the amount of money you moved directly into that account, only then did you realize any gain, and a portion of the difference is taxed
Very helpful. Thank you
Just signed in for the ruby! Thank you for the video mate
Hi Eddie! I’m about to sign up and include you for the referral. Just two questions. I have been reading everywhere including the website and couldn’t find: 1) The stake gets 6% interest 2) After 6 months if you keep your stake your get automatically upgraded. My thought was to start with the card with just the free Spotify and then after 6 months get the automatic upgrade to get the free Spotify and Netflix.
Hey Justin! If you start off with the red card, later on you’ll have to stake the difference to get the indigo blue/ jade green. Overall, you get a higher interest-rate with the indigo/jade.
Sorry, wasn’t sure what your question was ~ Let me know if you have any other questions!
You actually still get cashback if you unstake but I think you only get half % of the staked rate
Thanks,, your video was very helpful,,u direct and straight to the point..well done ✅
@@nickforbes6014 Really good,,but I know you scammers
Thank you very much . Didn’t look at it yet but I have great hope.
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc
Can someone explain to me what happens to the CRO you lockup for 6 months for the card? What APY % is it locked up at?
Also, do you still keep that tier card if you end up selling all your CRO at a later stage?
6% and yes
"2021 is going to be CRAZY in this space"!!!! Hell yeah you were right!!
Awsome info!! Waiting on mine
Great video! Thank you 😊
Do you have to stake for 6 months previously to getting the card or do you get the card right away and then stake for 6 months while using it?
In case you haven’t found your answer you instantly get your card when you hit that “stake” button on the CRO tokens :)
Don’t know how long it takes to receive the physical card tho as only just applied for mine today. Looking forward to using mine!
love the room aesthetic
Great video 💎
Stellar, concise video! Nice work!
CRO has 10x’d very smart play
What about taxes? Every time you transfer BTC or CRO to your card, it's a taxable transaction. Can you elaborate on that ? How do you manage that ?
is this an in-kind exchange? No tax?
I was wondering the same thing
Very helpful video..thank you!
Super informative thanks 💖😊😊
Great video! Hoping you do a video of doing your taxes on your crypto as I feel many people coming into the Crypto space is going to need it if they're cashing out their coins!
I think with the new update you do not get interest on your staked cro for the ruby steel card
Indeed, you get 10% interest on your staked CRO from the blue indigo/jade tier.
Bro! Great video!!
Thanks for your video. It's a great review.
Good video! :) How do you get 6% interest on the 2500 CRO that you locked up for 6 months? I don't see this option anywhere. 🤷
You automatically get it~
@@eddiemooon cool, thank you! :)
And than cro is native token you can stake in defi wallet and 14. 76% p.a. is stake reward. Red is cool and i do not need to upgrade
Success is about focusing Your energy on what creates results and using what you already know
I pray whoever reads this should become successful. keep l for success. the rich stay rich by spending like the poor and investing why the poor stay poor and be spending like the rich yet not investing. Roar! Invest earn and be successful.
Assets that can make you rich!
I.Crypto
2.Stocks
3.Shores
Needed this 🔥
nice video dude! tnx
So let's say I just ordered the card and now I have the card with me. So I can just add some cash in it and use it in places. Does this get interest? If I use it just like any normal debit card visa. I don't want to get interest. Thanks.
No there’s no interest Bro
@@J0HNW1CK66 Thanks dude.
I believe we need a update video since these details don’t apply anymore. Great informative video
Indeed there is no interest on de ruby red annymore
@Nicolas Horton if you took it before 5K was needed, you are right. Now there is only interest on the higher tiers
@@CelenTheGiant wait so no interest now?
@@hassanc8669 starting from the visa card stake 50K there is.
@Nicolas Horton i asked the support. And i had the card. No Interest... Send me the link where you can find it ;)
Great review ladies and gents, i have watched it several times, this is fantastic
Great video. thank you! Is there a transfer fee between users?
Can I stake CRO that I’ve already bought or doesn’t have to be a new purchase when I get the card?
Thanks for the feedback, for further clarification, tips, support, and guidance on investments
W....A....T.....S....A...P....F.....+1=9=3=1=2=1=9=2=6=8=7
You don't have to buy more cro if you have the amount needed in CRO to stake.
Hey Eddie, great video and thank you. So for me, I purchased 6500 CRO about 7 months ago and have done two 3 month stakes. And now I would like to get a ruby card. Do I have to purchase $400 worth of CRO and stake for 180 days to get the card? Or is there a way to get the card with the CRO I already have? Thanks so much.
Hey JP. You have to stake 400$ worth of CRO, so if you already have the CRO, you can stake for the card without having to purchase.
Thank you for your videos, are there any fees of transfering money to the cards ?
awesome thanks for the video
They doubled the CRO you have to buy.. So the red currently 2/19/21 is around $700.
Think it’s a good time to do this? Have to hold it for 180 days as well, not sure if it will be pretty bear market by then is my worry
@@gelshman7941 bull market might last till December or January for Alts
Me being a person that buys Spotify every month I was like, well saving $120 a year sounds nice. Just heard about this card yesterday on one of their Instagram ads. But currently with it sitting at $750 to get the card, I don't think I'll come around to doing it.
I really wish I heard about this sooner. Because $300~ for free Spotify for the rest of my life sounds pretty good.
@@GarnWall they are changing the requirements again by march. U have to stake 350USD worth of CRO for the ruby one. If u want, u can use my ref code 2v8gucmnng :p
Dude I can't believe I just missed the better stake!!!!
Yeah it's about 500 now to get the ruby card
I thought this was scam at first, but you cleared my mind all thanks to * Carderplug4* on telegram for that cc you’re the best
@@TurquoiseFilms 900 now lol
Just read they're changing it in March to 400usd
They doubled the stake but also the CRO price is now half what it was in 2020 so it really didn't change.
It's a great informative video. Thanks
Thanks for infos sir.
Let’s say your purchasing something with btc, are you selling the btc then paying with usd? If you are, are you required to pay the capital gains tax for purchasing something with the card?
Not yet, you could essentially have enough passive income to actually pay bills and groceries totally tax free from those interests :O but i think as more people are getting into this, it might not last like that for long
@ray rose so it’s pointless then, I’ll stick with Binance
@@georgejung5429 it's quite high right now and apparently going back to cheaper rates shortly, I wouldnt be put off completely via what the guy above has said as I dont think he knows what hes talking about 😂
It is not letting me send crypto to another wallet, says an email has been sent to me but it has not. I have tried at least 10 times, so tried withdrawing to my bank but transactions with GBP is temporarily down. Would a card help me get my funds out? Please help
Thank you so much.👍
This is a great video, Eddie!
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc
it's all doubled now CRO needed. why do i always have to be so late
They changed that to money, all you need is $400 now
@@IanAlderige yeah. that was before they did that. glad they did
At least u know 3 month early.. me.. 3 month after u know
You had me almost sold on getting on this platform as I definitely want a one-stop-shop experience, but now someone needs to make a video that makes sense as to WHY I would use an asset that can gain in value (crypto currency) and buy something that will not gain value, like a pair of jeans. Also, if Bitcoin changes so drastically how will I feel after using the credit card and the rate just changes to where either myself and the shop are getting screwed. I still can't wrap my head around the integration of crypto currency in a fiat world.
Some people daytrade and want an easy way to use their gains. If you make about $100 a day trading you may want to use some of that money without having to sell the crypto, take a fee, and then transfer it to your account occurring ANOTHER fee, and then waiting days for the money to be available.
its a debit card ... top up the card with the jeans amount, with fiat, before buying, then receive the cashback advantage without losing on the gains in value...
thank Eddie, great content, I am considering an upgrade for the next level? I have found that staking CRO is a minimum requirement of 5000 CRO and gets about 6% APY, however just upgrading to the Ruby Steel card only required $400 worth of CRO being locked for 180, does this 180 day locking period gives us any CRO reward? thanks in advance
Nice vdo man
Just for clarity. Do we have to keep the initial CRO amount for whatever tier we choose staked forever in order to take advantage of the benefits - or just keep staked for 6 months and then unstake the CRO while srill maintaining the benefits? I'm thinking as soon as we unstake the CRO (even if done after 6 months) we lose the benefits? Can someone clarify?
Pretty sure you can unstake after 6 months. That way they can give you the opportunity to upgrade your card too.
You have to keep the CRO staked to maintain your perks. If you have a profit, you can unstake, take the profit and stake again to keep the perks. But a new 180d period will begin.
From what I'm reading on the card details it says: "After the holding period, you can transfer your tokens back to your account, no strings attached". But there seems to be a checkbox for staking and non-staking benefits. Basically you get to keep the card, but if you don't stake you lose most of the benefits (e.g. Spotify) and CRO rewards go down. My question would be...What happens if CRO price drops causing you to be below the stake amount; will you lose your benefits even though you initially staked above that amount?
these cards remain PROPERTY of the issuing BANK, correct? wtf good is that?
Is that a bad thing? Can this company be trusted?
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc
@@jackrock1313
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc
@@jackrock1313 yes it can be trusted, been with them for a long time, at first was pissed off cause my card took a bit too arrive but they improved significantly
Wicked video man. Just explained the card perfectly
@Eddie Moon yes please
Such an amazing video, please make an updated video of this for 2024! If there are changes like interest rates, fees, etc!
$CRO is now worth .17 cents..... Let that sink in
now its .21 cents.. imagine
2021 is the bull run, i was hoping 50 cents by now
@@Savike L,end of the year at the earliest
I NEED AN ANSWER OVER HERE , How does US tax play into this? I can’t imagine that you just stake your crypto for 6 months, then you just use it and that’s it. The IRS would never allow it, as far as I know.
Someone please educate me on this
So true got learn crypo now
Sweet thanks man
Crazy if we’re still “early”
@Eddie Moon no
How can I change my currency it seems to be set on euro on the fiat, I did go in to set up a new currency but it did not give me other currencies to choose from only the euro.
Same issue! Would love to know the answer if anyone knows.
I just used your link man, hope you get the benefit as well
It looks great but I’m still not sure because I’m thinking the benefits might get soaked up by the mining/conversion fees when you buy or receive or sell the tokens. Have you done any wider analysis comparing standard fiat debit card vs this crypto card in terms of overall profit when making the same purchases for a week?
i was gonna get the obsidian bc of all the benefits and the interest bc it was only 125k but now its 400K!
Did you guys read tc's when ordering the card?
The card it still their property and they can take it away any moment which is never good when your giving a company the power to keep your money when the want to.
Nice and clear!
Great video
I have been waiting for my MCO Card for a month now!!!
i have been waiting for my verification for 12 days
15 days now
90days is normal before shipping . .the higer tier cards will do a bit faster .
@@davidnarcissus39 I call BS....... took almost 4 months to get mine..... royal indigo...... my referral who still hasn't sent them a dime got his in less than a month.
@@davidnarcissus39 I call BS....... took almost 4 months to get mine..... royal indigo...... my referral who still hasn't sent them a dime got his in less than a month.
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.
Investing in stocks is a good idea, a good trading system would puts you through many days of success
Thanks for making this video. Really nice graphics and camera work. Great job :)
Great info.Did you have to pay/stake to get second card for wifey or is it the same account as original card?
I live in europe and been waiting weeks for my Red Ruby Steel Card :/. Hope it comes soon.
took me 3 months before my card arrived.
Imposter fake Eddie Moon replied above, scammer alert, Report
this entire video just seemed like one big sponsored plug
Need a monero card
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc
@@PrettyGreenMonk
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc
Love this
Hi! great video! I have a question: When you use the card do you have to report the usage/purchases when completing your taxes?
also to add, by usage/purchases i mean when you are converting the Crypto to dollars to make a purchase. Thanks!
I believe every time you topup is like selling therefore becomes a taxable event. That is what I understand.
The indigo card costs like $7000 now 😢😢😢
Price literally doubled !!! I’m so mad lol
they will have fixed static prices later in march
You won’t earn interest on the CRO staked for the visa cards, this is information coming directly from a customer agent I spoke with today. The CRO you stake for a visa card only grants you access to the benefits of the card you choose. Future staked CRO aside from the staked once for visa card, will then benefit from the interest percentage granted from the chosen card tier.
Dont know were you've gotten the info about interest on the card staked CRO from Eddie, but it aint right.
Plus now, CRO has gone up to .14 which along with the 5,000 CRO requirement puts the upfront cost at $745 USD!? Too rich for me
@@spydogoc yeah, and thats just to start getting the increased interest for future staked cro coins...
You are a savior! Thanks for laying it out so well!
Thanks for the video -- it was very informative.
If I top up the card with BTC then what are there associated fees? Also is there a fee if you top up with fiat currency?
smart man!!! only $10 for the wife. 😀
I missed my window! If only i found your channel sooner 😭
Me too brah I feel crazy because I been using them for a min now and havnt been taking advantage
@@paperchase9415 I'm learning how to right now!
Me two I was looking at it.
@@loschillyboyz9473 it's okay we got it next time haha
Hey I just had a question, when you stake your coin can you add more into it or is it a locked amount you cans add nor take from?
I’m sure the card is great IF it ever arrives, don’t expect it to turn up in a hurry!
It took mine 3 months and they said i entered my address wrong..... I autofilled it with my phone (I doubt it arbitrarily changed 1 digit on my house number) now they want me to pay a $50 re-issue fee
@@jeffhayles643 I thought it was a liberty that I’ve had to wait a month, so far! You must of been spitting blood
@@dave1976lyons yeah especially when about a month in my referral got his card so I asked them to check the address.....I was told just be patient wait another month..... then a month later..... oops you entered wrong address
@@jeffhayles643 it’s not a great way to begin an experience with them!
@@dave1976lyons add in the fact I was a royal indigo/ jade green staker(back when it was MCO @$3000) I have 10 more days left. They keep dropping the interest they pay and I can't take advantage of the exchange (the 50% off sales on coins they do) which isn't their fault but still pisses me off. And I get charged a 3.5% foreign currency exchange fee on top of the 3.5 % debit/ credit fee because they don't directly accept USD. They also told me that I wouldn't be charged that anymore after the first time..... once again bullshit..... but the good news i haven't topped off their piece of crap card so they haven't gotten their $50 re-issue fee and they email me at least once a week asking for it. Eventually I will want to use the damn card and will have to but in the mean time they can wait ......just like I had to
Ouch you have to be 18 for the card, was so exited to start using it!
ikr :C
Use ur parents info
Ask for there permission first
Do I have to Purchase and Hold the CRO for the card in one transaction? For example I already own 100 CRO, can I buy slowly and after I have enough CRO just stake it for the card or it has to be done in one big purchase of the exact amount of cro needed for the card?
Thank you for the vid! Question tho. When you sell bitcoin or other coins to transfer over to your card, you are selling the coin. So don't you have to pay tax for the transfer later? If you have pay tax to use your money idk if it's as simple as just using the coin as money. Not sure how it works... can you elaborate on this please?
Dang I just miss the deal 😭😭
I feel you all pains on the rippers. I’ve had good luck with getting cc from * Carderplug4* on telegram, he’s one of the few that didn’t block me after I sent him btc