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Crypto.com Australian Virtual Visa Card, Stake $500 CRO for Free Spotify Premium & 0.5% CB with Ruby Steel

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Crypto.com Australian Virtual Visa Card, Stake $500 CRO for Free Spotify Premium & 0.5% CB with Ruby Steel
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easternculture on 01/11/2021 - 16:44 crypto.com (3905 clicks)
Last edited 03/05/2022 - 10:16 by 1 other user

Just got the email that crypto.com now are issuing aussie debt visa cards. The are starting with virtual but will soon have physical cards.

Also stake $500 worth of CRO for free spotify premium and 2% 0.5% Cashback with ruby steel card.

Update 1 May 2022: Cashback for Ruby Steel Card reduced to 0.5% (Was 2%)

Notes:
This card is issued by Foris GFS Australia Pty Ltd, holder of Australian Financial Services License No. 467462 (AFSL) issued by the Australian Securities and Investments Commission and a license from Visa Worldwide Pte Ltd.
Please go to Crypto.‌com Visa Card - Rewards for more details about card benefits and perks.

Referral Links

Referral: random (254)

Both referrer and referee receive US$25 on sign up (NOTE: must stake at least A$500 CRO for 6 months). Turn off adblocker when attempting to obtain a referral link

Entertainment Cashback Cryptocurrency Debit Card Music Streaming Prepaid Credit/Debit Card Spotify VISA

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Crypto.com
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closed Comments

    • G-rig on 22/11/2021 - 05:13
      +1

      Only worth that even you cash out, could be back down in 6 months most likely. Fun to watch but hopefully stays up

      • digitalane on 22/11/2021 - 11:51

        I also bought some more last week which I sold at a $7k profit which more than covers the stake even if it disappears entirely 🤓

        • easternculture on 22/11/2021 - 12:24
          +1

          The tax man thanks you for your CGT contribution lol

        • G-rig on 22/11/2021 - 13:32

          Yeah probably a good move and just keep the minimum staked. I should have put more in Too, feels a bit late now can't see it going much higher for a while but who knows.

          50% CGT discount if you hold stuff for a year ;)

        • bobwokeup on 22/11/2021 - 13:33

          Damn how much did you buy? 👍🏽

          • digitalane on 22/11/2021 - 15:02
            +1

            @bobwokeup: $20k in (including stake). $22k out. And my $5k stake is currently worth $17k!

            • bobwokeup on 22/11/2021 - 15:55

              @digitalane: Nice one I’ve got the funds for that but my partner won’t let me haha at least my stake has gone up heaps.

              • G-rig on 22/11/2021 - 18:02

                @bobwokeup: Bit hard imagining putting more in until it dips but pretty impressive. Would have been nice staking 5k for the card and leaving so can't spend haha

                • bobwokeup on 22/11/2021 - 18:12

                  @G-rig: Yeah true that. It was definitely showing positive signs. I was lucky I staked $5k months ago but can’t access it as I want to keep using the benefits.

                  • G-rig on 22/11/2021 - 18:25
                    +1

                    @bobwokeup: No worries, hopefully stays up haha
                    Well done

                    • bobwokeup on 22/11/2021 - 18:45
                      +1

                      @G-rig: Yeah exactly. Damn just my account and I’m up $15k in 24 hours. If it wasn’t staked I’d take it out haha

                      • G-rig on 22/11/2021 - 19:05

                        @bobwokeup: Technically you could and just start the stake again?

                        • bobwokeup on 22/11/2021 - 21:23

                          @G-rig: True but to restake I’d have to buy at today’s price so wouldn’t I just break even again?

                          • G-rig on 22/11/2021 - 23:23

                            @bobwokeup: not if you withdrawer 18k, give 9k to gov put 5k back in to stake.. 5k up :P

                            • bobwokeup on 23/11/2021 - 19:03

                              @G-rig: True silly me was thinking I’d have to match the number of CRO. I’ve asked so we’ll see what they say. When you say technically I could how can I ensure they will let me take it out?

  • rektrading on 22/11/2021 - 08:11

    Make sure to take the meat of the move.

  • Notoriousbird on 22/11/2021 - 18:11
    +1

    Damn should have bought some CRO…

  • nightelves on 23/11/2021 - 16:58

    My staked 2k worth 13k. Is it possible to take out your whole staked?

    • rektrading on 23/11/2021 - 17:02

      Yes, after 6 months.

      • nightelves on 23/11/2021 - 17:07

        Had this for over 6 months already so looking to cash out. Someone said you can't restake again though.

        • digitalane on 23/11/2021 - 18:20
          +1

          You can restake in the future even if you withdraw - but your 180 days will start again

          Up to you but I'd consider upgrading/restaking at the Indigo/Jade level and then pocket the remaining $8k :)

          • popsiee on 23/11/2021 - 18:38

            @digitalane: I'm by no means a prepper but on a minor scale I'm preparing for a EMP attack that most likely would be used in the future if a attack were to happen .
            I wonder what this crypto would be valued at during that happening ?

            • reubenb87 on 23/11/2021 - 18:45

              @popsiee: Lol what's happening at this time to your $ in the bank? Crypto is actually more spread out so would be more resilient

            • rektrading on 23/11/2021 - 20:45

              @popsiee: Whatabouts are fun and all but it will NEVER happen. However, let's entertain the idea for fun.

              You drop an EMP bomb on a node. Congratulations, you've just nuked one node and all the data on it is gone.

              Now you've to nuke another 2773 nodes to take down the rest of the network.
              https://ethernodes.org/

              Nocoiners should be more worried about their assets that are stored on centralized servers and controlled by VLRS and Computershare.

              Financial Records of Millions At Risk After Computershare Insider Copies Data To USB… Then Loses The USB
              Author:Paul Roberts November 8, 2011 5:50 pm 1:30 minute read

              Computershare, the investor services firm, has filed suit against a former employee it charges with making off with thousands of pages of proprietary company documents, including information on shareholder names, account numbers and financial holdings.
              https://threatpost.com/financial-records-millions-risk-after…

              The government can't even be trusted with protecting their customer's details.

              Service NSW confirms 180,000 customers' personal details exposed in cyber security breach
              By Josh Bavas Posted Mon 7 Sep 2020 at 4:13pmMonday 7 Sep 2020 at 4:13pm, updated Mon 7 Sep 2020 at 11:50pm
              https://www.abc.net.au/news/2020-09-07/service-nsw-customer-…

              • popsiee on 24/11/2021 - 11:06

                @rektrading: The world is a peaceful place with no tensions .
                I guess you haven't noticed reefs being claimed turned to military bases coming closer to us .
                Maybe I'm wrong its not for strategic dominance but a beach resort for their elite :)
                Our other friend currently is having massive military build ups on the border I guess to say hello to them .

                • rektrading on 24/11/2021 - 11:23

                  @popsiee: Of course, I pay attention.

                  Australia will be the first white US ally that will eat nukes if it ever comes to that. All the data centres that are storing asset records hosted on Australian soil will go up in mushroom clouds.

                  The Ethereum and Cronos ledgers on the other hand will be safe because they're decentralized.

                • rektrading on 24/11/2021 - 11:55

                  @popsiee: You seem to spend a lot of time trolling crypto deals while stirring your salty pot.

                  popsiee on 01/11/2021 - 17:20
                  @Tyrx: Don't tell him I'm about to start a IPO for him and like minded people call FTF (FleeceTheFish)
                  https://www.ozbargain.com.au/comment/11277882/redir

                  popsiee on 06/11/2021 - 17:06
                  Get in there Tiger .
                  No doubt when it reaches $1 its well and truly worth its 25 Bil + Market Cap .
                  https://www.ozbargain.com.au/comment/11301035/redir

                  Imagine if you spent less time being salty and instead focusing your energy on positive things then may be you could've gotten some of that sweet honey too.

                  https://files.ozbargain.com.au/upload/393946/92498/screensho…

                  To those that bought CRO because of this deal. Enjoy your gains.

  • easternculture on 24/11/2021 - 08:10

    Damn $1.20 today

    If it goes up to $1.50 i could stake and upgrade my ruby to next one up lol

    • G-rig on 24/11/2021 - 10:36

      Can you upgrade within 6 the original 6 month stake?

      • easternculture on 24/11/2021 - 13:33

        Dunno. Msgd them

      • ozshopp3r on 25/11/2021 - 19:23
        +1

        Yes you can, click upgrade, it will automatically calculate, and see if the value is there, and upgrade, I just did from ruby to Indigo

        • G-rig on 25/11/2021 - 19:57

          may consider it even though the price right now doesn't seem cheap
          How about Gala, that's still going off

    • digitalane on 26/11/2021 - 00:32

      Same but Indigo to Icy :)

  • easternculture on 24/11/2021 - 13:35

    Noticed a VVS finance token pop up today. Looks like its relatively new. Bought 500k tokens.

    • pyramid on 24/11/2021 - 13:50

      To da moon…

      • G-rig on 14/12/2021 - 01:43

        Vvs tanking, hopefully doesn't go to zero.

    • G-rig on 24/11/2021 - 19:07

      Sounds interesting, assume it's kind of exclusive to the crypto.com app? Probably prefer to use the binance platform but need to look into it.

      Do these type of coins ever reach market capacity or reach 1c?

      Edit 500k coins .. $10? Why not lol

      • easternculture on 24/11/2021 - 19:28

        Its built on the cronos block chain so probably a crypto.com project
        Look at the yeild farming. Pretty impressive
        Bought another 500k. Circulating supply is 50B but total is in the trillions, wondering if they will burn them.

        Anyhow, i see this going to at least 1c and possibly 10c + if they keep the supply at 50B

        CRO about to hit $1, with the rebranding of a sports arena to crypto.com and issuing credit cards in other local currencies, i see CRO hitting $2+ and VVS to moon. Anyways, im a sucker to new coins so YMMV

        • G-rig on 24/11/2021 - 19:57

          Cheers, sounds ok getting a bit in case it does go crazy, hard to say.

          Wouldn't mind putting a bit more in CRO, never seems to dip down much to get a good price anymore.

          Pa. Heard that if binance release a card globally it could stuff it ..

          • easternculture on 24/11/2021 - 20:18
            +1

            @G-rig: Not necessarily. CRO is its own ecosystem and marketing plays a big role too which Crypto.com are.doing right.

            Its inevitable now that binance or some other big exchange will list CRO after this big pump and see CRO go past the $2 mark

            • G-rig on 25/11/2021 - 14:42

              @easternculture: Ha, what’s the market cap to go to that? Double bitcoin?
              250bil, half etherum for 10

              Getting to $1 USD was a hard slog but impressive, can't see that happening again in like 10-15y

              • rektrading on 25/11/2021 - 15:33

                @G-rig: Mcap isn't tradable. It shouldn't be used to determine the maximum price of a coin.

                There are coins that are trading without MCap where the price is set solely on the unlock liquidity.

                • G-rig on 25/11/2021 - 19:30

                  @rektrading: yeah fair enough, What’s an example of a coin without a market cap?
                  Not sure how it's even possible, but I'm Prince Charles :)

                  Just thought whoever said it could easily go to $10 is dreaming..

        • pyramid on 24/11/2021 - 20:18

          How and where do you take part in yield farming…on crypto defi wallet?

          • easternculture on 24/11/2021 - 20:20

            @pyramid: Yes you can buy VVS on defi wallet after you link a credit or debt card to crypto.com app.

            Then go to VVS finance Dapp and stake for 1300% pa

        • ozshopp3r on 25/11/2021 - 19:38

          Bought the Token, can't move to wallet., hopefully they fix it soon, Its in Cronos, does it need ETH or CRO to farm?

          • easternculture on 25/11/2021 - 21:35

            @ozshopp3r: Just use external wallet and add defi address

            The problem is cronos is congested and moving CRO to cronos bridge keeps failing

            Want to farm with beefy finance at 14500% APR but cant till they fix the congestion

            • pyramid on 26/11/2021 - 05:52

              @easternculture: CDC better put few mils in getting more better infrastructure ….

        • G-rig on 26/11/2021 - 06:45

          Threw about $70 at VVS, gone down 20% in the last two days.
          Have wasted a lot more on worse things lol

    • NamandSpam on 27/11/2021 - 23:33

      You degen or what?

  • pluto on 25/11/2021 - 19:18

    I purchased VVS in Crypto.com app and then withdrawn to DeFi wallet with 800 VVS fees. Its still not appearing in DeFi wallet after 2 hours. Have I done anything wrong ? I had connected app to wallet.

    • easternculture on 25/11/2021 - 21:35
      +1

      Mine took 12 hours.
      Cronos is congested

      • pluto on 26/11/2021 - 04:11

        Good to know. Thanks

  • pyramid on 26/11/2021 - 07:33

    Looks like cronos congestion is clearing up…good luck

    • G-rig on 26/11/2021 - 08:08

      any minimums or what's worthwhile..?
      Assume de-fi is less secure and essentially off the system??

      • pyramid on 26/11/2021 - 08:52

        Minimum depends on liquidity pair…but there is always risk
        .

        • pyramid on 26/11/2021 - 09:23

          For people who are confused with high apy, read this….https://www.reddit.com/r/BeefyFinanceBIFI/comments/n27r9l/please_help_me_understand_these_crazy_apy/

  • moneytomyway on 26/11/2021 - 16:02

    Hi all, just came across this platform, I am more interested in the 10% P.A return on TAUD.

    Please correct me if I am wrong, so I deposit $500 into CRO, and stake them for 6 months for a ruby tier.
    - Am I considered a Ruby tier right after staking CRO, or I will need to wait for 6 months?
    - Am I able to deposit more to purchase into TAUD, or I will need to wait until I became a Ruby tier?
    - Is there a limit for the 10% P.A return on TAUD for being a Ruby tier?

    Thanks in advance!!

    • digitalane on 26/11/2021 - 17:41
      +1

      You need to be Indigo or higher ($5k) to get the earn on TAUD - it's 8% Flexi, 10% 1 month lock and 12$ 3 month lock

      As for other questions - you are considered your tier as soon as you stake - you just can't unstake for 6 months (though you can upgrade to the next level if you buy more, or the value goes up sufficiently)

      You can put as much as you like in TAUD but as I said, Ruby doesn't give you the earn

      • moneytomyway on 27/11/2021 - 10:22

        Looking at their page "earn" you actually don't need $5k or above to earn 10% annual if you chose to stake for 1/3 months. But it doesn't mention anything about the amount you can stake for TAUD.

        So literally I can stake $500 worth of CRO, and invest say $50k worth of TAUD to make 5k in a year, even CRO's value drop to $0 I still make $4.5k…… The risk I can think of is Crypto.com gone bankrupt, the risk:reward seems too good to be true……

        • easternculture on 27/11/2021 - 12:39

          You can stake in the Defi App for 13% CRO or 25% sUSD

          • moneytomyway on 27/11/2021 - 12:50

            @easternculture: But the forex might kill your earning from time to time, whereas theres no forex risk in AUD to TAUD from what I know

            • easternculture on 27/11/2021 - 13:28

              @moneytomyway: sUSD is stable coin pegged to $USD. Even if forex goes down, your still way ahead at nearly 26%APY

          • ozshopp3r on 01/12/2021 - 14:56

            @easternculture: sUSD is 3.45% in earn in Definition wallet, where did you get 25%, 20 and above for stable coins is only in anchor protocol for UST

          • moneytomyway on 27/11/2021 - 14:26

            @hornbill: Thanks, everything just seems too good to be true. I will definitely take a look at Celsius, and DM you for referral code when I'm ready to sign up.

            • digitalane on 27/11/2021 - 16:01

              @moneytomyway: Of course with it being unregulated - there's a risk, but the return is high - I've got a nearly 7 figure sum in Earn earring me between 8% and 10% - I decided the risk was worth it - I haven't yet explored the Defi options as generally there seems to be a release period to get your money out (28 days I think)

              • moneytomyway on 27/11/2021 - 16:46

                @digitalane: You a brave (and rich) man to have 7 figures there 😂😂

              • G-rig on 28/11/2021 - 08:18

                @digitalane: $1M in that.. pretty gutsy, ha
                10% return alright for a while anyway, should stake 5k and upgrade sometime

        • digitalane on 27/11/2021 - 16:05

          My apologies - you're absolutely right! You just earn 2% less at each level for Ruby vs Indigo (and for the big spenders - Icy gets 2% more but you get the extra 2% in CRO)

          Your analogy is sound though - that's how I justified my Indigo $5k investment. I put $50k+ in the Earn so at 10% I've covered any loss even of CRO crashes

          Of course if Crypto.com goes under, you won't be able to get your money out of Earn either - so I wouldn't put my life savings in there - however they seem like a pretty solid company/exchange - so personally for me it was worth the risk

          • moneytomyway on 27/11/2021 - 16:49

            @digitalane: 10% fixed income from TAUD is definitely to dream for.
            I will probably do it like what others suggest, separate my TAUD into Crypto.com and Celsius to reduce some risk.

            • SeVeN11 on 29/11/2021 - 17:52

              @moneytomyway: you should look into Terra (Luna)

              they have the Anchor protocol which gives you ~20% on UST

              UST is the Terra USD, i.e. their version of US dollars.

        • Nom on 27/11/2021 - 20:17

          If you do go this route, the $5000 stake makes much more financial sense - the Netflix, the 2% extra interest, and 1% extra cashback easily outweigh the extra $4500 cost after a while.

          • moneytomyway on 27/11/2021 - 21:50

            @Nom: 100% agree. But it will only make sense if I will deposit $50k worth of TAUD which its a bit too much for me.

  • popsiee on 30/11/2021 - 19:04

    Any1 look at the mnthly chart ?
    https://coinmarketcap.com/currencies/crypto-com-coin/

    This is halving to 35 c .
    No doubt no Hero's got out in the 90's .

    • rektrading on 30/11/2021 - 20:53

      A retest back to $0.25 would be a good price to reload.

      https://ibb.co/f8ncDdQ

      It's unlikely it will go that low on this pullback seeing that 76% of CRO are illiquid plus new 6M lockups but anything is possible.
      https://etherscan.io/token/0xa0b73e1ff0b80914ab6fe0444e65848…

      • pyramid on 01/12/2021 - 06:54

        I would like to see that price to load some more….

    • G-rig on 01/12/2021 - 05:46

      You talking in USD?

      Agree most people wouldn't have got out even it was crazy high.. especially when staking for these cards.
      If you got in early and it doesn't owe you much it's not worth getting rid of, but at today's prices good to try and make a quick buck. Nice to keep stuff for a year anyway and give it a chance, and hopefully up in that time.

      Wouldn't mind picking up some more if it dips down lower. Maybe even upgrade the stake for the next tier card, I assume the 6 months restarts?
      Card should arrive any day now, will have to check the list of exclusions for cashbacks.. at least would look fancy with a metal visa debit card. It's not like you're even paying using crypto, and transferring for spend would have tax implications :)

      Be good if this got up in value again, but will take time and no competition to get up to $2 though :p

  • aboutconfig on 01/12/2021 - 00:33

    I accidently created a new account with crypto.com because I forgot I have opened one last year.
    So can I use both accounts? Or they will block one of it? \
    Asking because the old one actually have like $300 USD in it, and the new one I staked CRO

    • NamandSpam on 01/12/2021 - 11:20

      just ask the team on crypto.com

      • aboutconfig on 01/12/2021 - 13:15

        Asked customer support, doesn't want to provide any help.

        Customer support asked me which account I want to close because user can only have one account, it sounds very nice but as if any user would close their account with $5000 worth of stacked CRO and loss that money, very helpful customer support.

        This is exactly what cex risk is, by their TOS they could ban both of my accounts because I accidentally did it wrong, they have the rights to ban my accounts, without giving any reason, and dont have to give my money back.
        So while you do staking on such cex like crypto.com, celsius, blockfi, you want to be very careful. If you search online like reddit, there seems to be many people got their account banned.

        Low app score for a reason and is an alarm :
        BlockFI 3.7
        Celsius 3.6
        Crypto.com 3.7

        • bobwokeup on 01/12/2021 - 13:34

          Their customer service is terrible when you have an issue. Can you withdraw the USD first and then close it?

    • samehada on 01/12/2021 - 12:46

      are you using the same phone number? if so how can the app let you open new account with the same phone number?

      • aboutconfig on 01/12/2021 - 13:08

        I changed my phone number during the last 12 months.
        They shall stop you from verifying using the same ID if you dont want multiple accounts, like Binance is doing, its not that hard.

  • idjces on 03/12/2021 - 14:55

    Does anyone know, if I use this card to pay an ato bill, will the CRO cashback still work?

    Or is there an exclusion list like most Australia credit cards?

    On the topic, how about utility bills an the like, do they qualify?

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