This was posted 2 years 9 months 1 day ago, and might be an out-dated deal.

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Double Referral Bonus - US$50 Worth of CRO for Referrer and Referee (Was US$25) @ Crypto.com

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Double Referral Bonus - US$50 Worth of CRO for Referrer and Referee (Was US$25) @ Crypto.com
Go to Deal
isthisreallife22 on 02/09/2021 - 12:46 blog.crypto.com (223 clicks)
Last edited 03/09/2021 - 16:18 by 3 other users

Received an email. Please use the ozbargain referral system if you wish to take up this offer.

Remember also this is a great way to get free Spotify and a crypto Visa card https://www.ozbargain.com.au/node/618293 (but requires you to make a $500 investment in their coin and not withdraw for 6 months)

Dear Valued Customer,

Our unlimited BG25 Referral Programme just got an upgrade!

You'll earn double the rewards (USD 50 of CRO) for every friend you invite to the Crypto.com App during the Campaign Period. Your friends will receive USD 50, too.

Campaign Period: 2 September 2021, 02:00 UTC - 3 September 2021, 01:59 UTC

How It Works

Share your unique Referral Link
Your friend signs up using your link during the Campaign Period
You and your friend will both receive USD 50 of CRO after they stake CRO to reserve a metal Crypto.com Visa Card
Start sharing your Referral Link now to make the most of this limited-time offer.

Important Note

If you're attempting to use a referral code, please disable your Adblocker plugins first.

Referral Links

Referral: random (225)

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

Financial Cryptocurrency

Related Stores

Crypto.com
Crypto.com

closed Comments

  • ilovefullprice on 02/09/2021 - 12:59

    How much and for how long must the friend stake their CRO to receive this deal and to reserve the metal Visa card?

    • jeppetto367 on 02/09/2021 - 13:04
      +1

      CRO staked for the Visa card has to be held for 180 days. In this time you receive the card and can utilise all benefits, you will get the referral bonus as soon as the stake starts.

      Minimum stake is $500 AUD equivalent for the Ruby Red card (2% cashback and free Spotify)

      • ilovefullprice on 02/09/2021 - 13:09

        So this referral deal only applies to the Ruby card? What about the lowest Blue one?

        • jeppetto367 on 02/09/2021 - 13:11
          +1

          The blue one is free (and plastic) and doesn't require a stake. The third row under how it works states:
          "You and your friend will both receive USD 50 of CRO after they stake CRO to reserve a metal Crypto.com Visa Card"

          As you aren't staking any CRO for a card when applying for Midnight Blue, you aren't eligible for the referral bonus. Ruby Red is the next tier up and the cheapest excluding the free Midnight Blue card.

          • Nom on 02/09/2021 - 13:12

            @jeppetto367: It's also useless - the 1% cashback will mostly be eaten by exchange rate spreads.

            • jeppetto367 on 02/09/2021 - 13:13
              +1

              @Nom: Correct. Though this should be changing (hopefully) soon with Australian issued cards coming (currently issued from Singapore).

              • joeiwu on 02/09/2021 - 13:16

                @jeppetto367: Also the blue card isn’t available in AU. So lowest tier is Ruby if Aussies want to get a card.

                • jeppetto367 on 02/09/2021 - 13:17

                  @joeiwu: Interesting, didn't know that wasn't available in Aus. Good to know, thanks.

              • t0087669 on 02/09/2021 - 13:39

                @jeppetto367: Should I stake now or wait until the Aussie issued card is released?

            • ilovefullprice on 02/09/2021 - 13:18

              @Nom: The website says 2% with the Ruby card?

              • jeppetto367 on 02/09/2021 - 13:19
                +2

                @ilovefullprice: Yes it is 2% back (and 100% back on Spotify) with the Ruby Card when staked.

                • ilovefullprice on 02/09/2021 - 13:23

                  @jeppetto367: Thanks, so effectively this deal is stake USD350 for 6 months and get free Spotify and 2% cashback on purchases.

                  When making purchases, will it use CRO to pay for them?

                  • jeppetto367 on 02/09/2021 - 13:25
                    +1

                    @ilovefullprice: Yes, thats correct. Though you are staking the equivalent of $500 AUD/$350 USD in CRO, so the CRO price can fluctuate like any other Crypto Currency during the 6 months and you can't sell it as it's staked.

                    When making purchases you load up a separate wallet with AUD or SGD. It's a little confusing to load it up as the cards re currently issues out of Singapore. Most people do bank transfers, I top up with a BankWest MasterCard myself (though costs me 1%).

                    • ilovefullprice on 02/09/2021 - 13:31

                      @jeppetto367: Yeah getting USD400 worth of CRO too.

                      Is this free Spotify Premium?

                      • jeppetto367 on 02/09/2021 - 13:34
                        +1

                        @ilovefullprice: Its a rebate. So you pay for Spotify and they reimburse it 100% back in CRO. Definitely covers normal Premium, if you have Family I think they rebate the amount up to the cost of Premium, not sure.

                  • FredAstair on 02/09/2021 - 18:52

                    @ilovefullprice: Yes. If you already use spotify it's a win win

              • Nom on 02/09/2021 - 13:22

                @ilovefullprice: This is correct.

                Are you asking a question ?

                • ilovefullprice on 02/09/2021 - 13:24

                  @Nom: Yeah question as you said 1%

                  • Nom on 02/09/2021 - 13:27
                    +1

                    @ilovefullprice: Yes because you were asking about the lowest blue card …

                    What about the lowest Blue one?

                    This card only pays 1% and it's not available 👍

        • isthisreallife22 on 02/09/2021 - 13:41
          +1

          This referall deal doesnt require you to take out a Visa card at all - just need to stake 50USD for 60 days to get this $50 bonus

          • ilovefullprice on 02/09/2021 - 13:45

            @isthisreallife22: Oh dear this is confusing.

            So if I stake 50USD worth of CRO (for 60 days), I will immediately get this 50USD worth of CRO referral bonus now? So effectively nothing comes out of my pocket?

            • joeiwu on 02/09/2021 - 14:06
              +1

              @ilovefullprice: It gets even more confusing when you try and top up the card, especially if it is not AU issued (suppose to be coming soon). Good luck!

              • Nom on 02/09/2021 - 14:14
                +1

                @joeiwu: Which part is confusing ?
                You just top up via a debit card with no international fees, it's instant and (almost) free.
                You'll need an 86400 / Up / Macquarie / Transferwise / ING /Revolut / UBank debit card - most of them are free, some have conditions attached.

                • joeiwu on 02/09/2021 - 14:53
                  +1

                  @Nom: The fact you need to even consider AUD->SGD->AUD, international fees and knowing which cards don't charge forex, fiat top up limit, possibility to top up with crypto, the spread if topping up with crypto, etc… to someone new, this is complex (which is also why i haven't referred any family or friends). Traditionally credit cards are much simpler to use and pay off.

                  • Nom on 02/09/2021 - 15:02

                    @joeiwu: There are defined answers / reasons / workarounds for all those points, once you're up an running it's pretty simple, I don't really find any of those things confusing 🤷🏼‍♂️

                    New users should definately be asking questions in the channel though
                    https://t.me/Cryptocom_AUNZ otherwise they're going to have a bad time 😁

                    • joeiwu on 02/09/2021 - 15:04
                      +1

                      @Nom: Fully agree, and for us, it is second nature now. But for new users, it is quite a barrier of entry. They can't just "get the card and start using it" without spending time reading up on intricacies first. I'm just alerting to the fact that there's a bit of study to do, if you want to use the card properly, and its more involved than a normal "credit card", but proportionally you get rewarded for it.

                      • Nom on 02/09/2021 - 15:07

                        @joeiwu: Completely agree 👍

              • FredAstair on 02/09/2021 - 18:53

                @joeiwu: I don't find it confusing.

            • isthisreallife22 on 02/09/2021 - 14:10

              @ilovefullprice: Sorry hold that thought - I will clarify the requirement

              • isthisreallife22 on 02/09/2021 - 14:15

                @isthisreallife22: Here is some more info https://blog.crypto.com/24-hours-only-enjoy-2x-referral-bonu…

                Only participants who sign-up for an account through a referral code / link during the campaign period will be eligible to receive the bonus. Participants must follow up with completed KYC verification and stake CRO for a Crypto.com Visa Card to receive the USD 50 CRO sign-on bonus.
                The USD 50 CRO sign-on bonus will be unlocked and credited into the referrers’ and referees’ Crypto.com CRO Wallet instantly after the referee has successfully reserved a Metal Crypto.com Visa Card.

  • jeppetto367 on 02/09/2021 - 13:02
    +2

    Staked for Icy White yesterday!

    • Splurge on 02/09/2021 - 14:08

      Apologies i am a bit confused here. Do you recieve the 12% bonus rewards on the $40k CRO staked to maintain the card?

      • jeppetto367 on 02/09/2021 - 14:58
        +2

        Yes I receive 12% p/a on the $50,000 AUD equivalent of CRO I have staked. This is paid out weekly in CRO so is obviously subject to CRO/AUD fluctuation.

        I personally believe strongly in CDC and feel its a good investment. The other perks (such as 2% extra on deposits in Earn) are of great value to me too.

        Obviously YMMV on investment of this size.

        • Splurge on 02/09/2021 - 15:23
          +1

          Thanks mate, appreciate it

  • jwsc on 02/09/2021 - 13:40

    what if i just want the referral bonus and dont plan on using the cards?
    Do i still need to stake anything?

    • ChillBro on 02/09/2021 - 13:47

      You and your friend will both receive USD 50 of CRO after they stake CRO to reserve a metal Crypto.com Visa Card

      That said, someone else above said differently.

      • isthisreallife22 on 02/09/2021 - 14:09

        Apologies I am the OP and may have misread the Visa card part. For now, I think the part of you are quoted is correct

        Update:

        Only participants who sign-up for an account through a referral code / link during the campaign period will be eligible to receive the bonus. Participants must follow up with completed KYC verification and stake CRO for a Crypto.com Visa Card to receive the USD 50 CRO sign-on bonus.
        The USD 50 CRO sign-on bonus will be unlocked and credited into the referrers’ and referees’ Crypto.com CRO Wallet instantly after the referee has successfully reserved a Metal Crypto.com Visa Card.

    • Nom on 02/09/2021 - 13:56

      The cards are the whole point of this product.
      If you don't want to use them, this isn't a bargain for you 👍

      • FredAstair on 02/09/2021 - 18:54

        Unless you also want an up to 14% earn back on your crypto coins.

        • Nom on 02/09/2021 - 19:33

          The 14% rate is only available if you stake for a card…

          • FredAstair on 03/09/2021 - 09:38

            @Nom: That’s true.
            I think you can also link a DeFi card and get that percentage there without further staking.

    • joeiwu on 02/09/2021 - 14:08
      +3

      If you don't use the card, you are basically HODLing an X amount of CRO for 6 months, just to get the referral bonus (in CRO which you can sell straight away). The outlay will then be more unattractive, unless off course CRO appreciates in value and you view it as an investment (6 month term deposit with 0% interest for Ruby), then it may be worth while, otherwise probably not worth the trouble.

      • jwsc on 02/09/2021 - 14:43

        Im sorry, I've wanted to use crypto.com for a while now, but I'm always getting confused by their offerings.
        I thought that crypto you put into it automatically made interest, regardless with card type.
        and that card type only really made a difference on your cashback/rebate rates

        • joeiwu on 02/09/2021 - 14:51

          Thats generally correct (CDC's "earn" product, which is like an interest-making account). If you go higher-tier cards (like Icy and above) it does make a difference (2% better rate for earn for certain coins), otherwise you are right, it doesn't make a difference and you can still "earn" without a card. But you need to "stake" for the card to earn the referral bonus. Staking and earning are different. Sorry, it is a bit confusing at the start, but as you start using it, things will start to make sense!

          • jwsc on 02/09/2021 - 15:01

            @joeiwu: so the staked amount doesnt get the interest? unless youre a higher tier.
            That sucks a little

            • joeiwu on 02/09/2021 - 15:02

              @jwsc: It does indeed. The next tier does, it's only Ruby that does not get any interest unfortunately.

              • jwsc on 02/09/2021 - 15:11
                +1

                @joeiwu: ahh i think i found what you're referring to

                "CRO Stake Rewards: Receive CRO at 10% p.a. for Jade Green or Royal Indigo, 12% p.a. for Frosted Rose Gold, Icy White, and Obsidian tiers while the amount is staked. "

                had to leave their website and google it. The basic website has very limited options and information
                Thanks
                Now to see if can convince my partner $5000 is worth putting up for $50 and a fraction of a percent extra in cashback (I'm assuming high fx rates lol)

                • joeiwu on 02/09/2021 - 15:31

                  @jwsc: Yes correct, if you do take the dive, make sure you join the Telegram group. Very helpful bunch there and can shortcut problems which may lead to hours of headache! The other factor you need to consider is whether CRO price will go up or down from here. Nobody knows, but it needs to be factored into the risk analysis of your decision; ie will it be ok that in 6 months time your stake of $5k is now worth $2.5k due to CRO / crypto market movements? Off course it could go the other way too, and if that's the case, nobody would complain :-)

        • Nom on 02/09/2021 - 15:04

          @jwsc Your understanding is basically correct, but only certain coins can earn interest (it's a fairly large list).
          I've linked the Telegram chat below, this is where beginners need to go !!

  • Nom on 02/09/2021 - 14:20
    +2

    Any who is seriously considering this, you'll need to join the Telegram chat to get the best out of crypto.com https://t.me/Cryptocom_AUNZ - if you've got questions, ask them in there 👍

    • joeiwu on 02/09/2021 - 14:51

      Hi Nom :-) good to see you here haha

      • Nom on 02/09/2021 - 15:05

        👌

  • lilkid28 on 02/09/2021 - 15:30

    As long as sign up during this 24 hours is ok? Just signed up and completing the KYC, it says will take 2-3 business days…

  • 0FoxGiven on 02/09/2021 - 23:19

    Clicking the referral link is taking me to a page that asks for a referral code and my email address. How do i get the referral code?

    • yes8s on 02/09/2021 - 23:25

      Sent you a message with help

    • wangasm on 02/09/2021 - 23:58

      Keep trying until you get one with a code, there are probably some expired referrals in the system

    • Nom on 03/09/2021 - 00:56
      +3

      Install the crypto.com app on your phone, and get it up and running.
      Then click the referral link at the top of this post, on your phone - it will open the crypto.com app and voila 👍

    • scrimshaw on 03/09/2021 - 14:57
      +3

      I have just discovered adblock breaks the referral links, if you have adblock installed please whitelist the site or temporarily disable or uninstall it from your browser, you can re-enable it after you've finished the registration process.

      • Korban Dallas on 04/09/2021 - 08:59

        Ah that is what it is. Makes sense.

  • AncientWisdom on 03/09/2021 - 12:37

    Am I right this is finished now?

    • yes8s on 03/09/2021 - 13:17

      UTC 2am so 12pm AEST

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