If you have heard about Crypto.com or are looking to enter the world of cryptocurrencies, this guide can help you get a great start.
Not only will you learn more about Crypto.com, but you will also learn how to unlock your Crypto.com bonus.
But what is this bonus for exactly?
Simply put, it is a joining bonus you will receive when you register as a member of Crypto.com.
There are just a couple of steps you need to take to get the Crypto.com joining bonus, and this is exactly what I will be discussing in this guide.
You will learn exactly how to get it step-by-step – it is not hard to do and will not take long, but you just need to remember all the steps, and I will explain all that below.
So, let’s go ahead and get this started, shall we?
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How do you unlock the Crypto.com joining bonus?
As mentioned above, the Crypto.com bonus you will receive is for joining the site.
But there are a few conditions that need to be met before you will receive this bonus. It is also worth mentioning that its bonus system is slightly confusing. It took a while for me to figure out exactly how it works. Plus, they tend to make changes to the system from time to time, so there's a chance that it has changed by the time you are reading this review.
So, without further ado, here’s what you need to do.
#1 – Join through an invitation link
The first thing you need to do to qualify for a bonus is to join through an invitation link. Crypto.com has a referral program that will reward its members for inviting other people to join the site.
This is where the invitation link will come from. If you know somebody who is a member of Crypto.com, you can ask them for an invitation link. Or, easier yet, you can just join Crypto.com using my invitation link and use the code mikem.
After you’ve registered as a member using the invitation link, you will have to complete the KYC (Know Your Customer) process. To complete Crypto.com’s KYC, you will need to take a selfie and a photo of your government-issued ID.
When taking a photo of your government-issued ID, you have to make sure all the important details are readable (your name, birth date, etc.). If you take a bad photo of your ID, your application will not be accepted.
It can take up to three business days for your KYC application to be approved, but typically, it will only take a couple of hours. Then, you must complete three tasks to receive the bonus.
If you make a crypto trade of at least US$100, you will earn $10 in CRO. If you deposit at least US$50 in fiat and use it to trade at least US$50 worth of crypto, you will earn US$15 in CRO. Then, if you stake CRO to reserve a metal Crypto.com Visa Card (Ruby Steel tier or above), you will earn $25 in CRO.
Take note that the actual rewards can vary depending on the membership level of the person who invited you to the platform.
#2 – Welcome Bonus Mission
Now, if you join without using a referral link, you will be eligible for the Welcome Bonus Mission, which will ask you to trade a certain volume of eligible tokens. If this requirement is met, you will receive a certain amount of CRO as a reward.
Plus, you will have a chance to receive up to 1 bitcoin worth of CRO rewards.
Click to Join Crypto.com (use code: mikem)
Is it worth unlocking the Crypto.com joining bonus?
Now, since getting the joining bonus involves investing money, you might be wondering, Is it really worth it?
That’s a fair question to ask, and, in my opinion, it can be. That is, of course, if you want to get into the cryptocurrency investing world.
As explained earlier, you will get back the money you invested to get the joining bonus of Crypto.com. Plus, you will also earn a certain amount of CRO coins. That alone should be a good enough reason to unlock the joining bonus.
The value of CRO has the potential to increase (as explained in my earning example above), so there is a possibility that you can earn a decent amount.
Of course, there’s no guarantee this will happen because, as you know, with cryptocurrencies, the monetary value will be pretty volatile. There will always be risks involved, but that’s pretty much true for any kind of investment.
I am NOT a financial advisor and can't guarantee this will be a good investment. This is something you have to decide for yourself.
Are there other benefits to unlocking the Crypto.com bonus?
As you already know, there will be risks involved in any kind of investment, including cryptocurrency. That’s why it will all boil down to risk versus reward, and, in my opinion, the potential rewards you can get from unlocking the bonus are great.
So, what are the other rewards you can get? In other words, will there be other benefits to unlocking the bonus?
The answer is YES. There are added benefits to unlocking the Crypto.com bonus.
As explained above, you will need to get a Crypto.com Visa card to unlock the bonus. This card offers a couple of benefits. It works just like any other Visa card. You can use it in any store that accepts Visa cards. But aside from that, you can earn cashback rewards if you use the card.
The cashback reward will be credited to your Crypto.com account and will be in the form of CRO coins. The cashback rate will range from 2% to 8%, which, in my opinion, isn’t a bad rate.
So, to summarize, if you unlock the joining bonus, you will get a Visa card you can use to pay for purchases in any store that accepts Visa cards. Plus, you will also receive cashback rewards for using the card.
Final Thoughts
Crypto.com offers a decent joining bonus, but as you can see, there are a few steps you need to take to claim it.
But the good thing is that unlocking the bonus will provide you with a few other benefits. So, if you are serious about investing in cryptocurrency by joining Crypto.com, I highly recommend you follow this guide so you can maximize the full potential of Crypto.com.
You just need to make sure you have money set aside if you decide to sign up as a member of Crypto.com. If you can’t afford it yet, I would recommend you check out the top apps to earn Bitcoin for free first.
The apps on this list all have good earning potential, so you will be able to raise the required amount in no time.
How to join Crypto.com?
If you are interested in joining Crypto.com, all you have to do is click the join button below.
It will only take you a couple of minutes to complete the registration. Plus, as explained earlier, you can receive a joining bonus using an invitation link/code (use code: mikem).
If you have any comments, questions, or if you know of any tips on how to maximize your profit on Crypto.com, I would love to hear from you in a comment below.