You are viewing a single comment's thread from:

RE: Crypto.com is not even the main exchange for $CRO... GET OUT!

in LeoFinancelast year (edited)

Crypto.com dropped their interest rates to almost nothing a long time ago. Much earlier than many others.

They had a healthy crypto lending business before regulation killed it in many jurisdictions. It is still an earner in some places though.

The fact that CRO is traded on a lot of exchanges other that their own is a good sign to me.

They are also making money on their credit cards (on merchant fees) now that they dropped their cashback rates.

They also make a margin on trades on their app - which is very convenient but has worse margins that the exchange.

It is a sustainable business if prudently managed.

Just because FTX was a scam (and took out non-scam BlockFi because of reliance upon FTX) does not mean all centralised crypto is a scam.

Not your keys not your crypto is still the watchword, but the credit card and app has real functionality.

Sort:  

I am not going to go into debate.
Crypto.com founders have a track record of shady business, they screwed their previous token investors (MCO), they spend more money than anyone else while having less volume/users on their exchange and blockchain.
Finally, I did use their Credit card and yes their app works well but that does not mean they are a safe product.
I might be wrong but I do not think so.
In any case as you said not your keys not your crypto.
I do not mean to FUD but this exchange is the most obvious scam to me.
Sorry

ah man they screwed over teh MCO holders? theyd idnt get CRO?

that sucks thats liek what @appics did to eos APX holders, not letting them convert their APX they told us we coudl withdarw from steem engien for ever, liek millkions of APX lost , all thsoe investors opn teh bloks.io appicsappics $APX rich list fucked over, shame on appcis for that

ythey allowed their users to only convert eos APX to telso APX for like a small 1 month windo or some shit to begreedy with all teh telos they got and so they are keeping it all for themselves, scamming everyone who ever posted on appics earning APX for years

ya crypto.com is fine, just hold ur own coins, and use it to cash ouit

i only use crypto.com when i am actually selling crypto like, it has eos and wx and maybe steem soon, it shows steem now, doesnt let u deposit yet

when they add HIVE hahahah everyone on hive will be fucking using it and passing around referal links etc watch

because it will eb a crypto visa debit card u can add money onto by fucking posting about it on hive lol

if they add HBD oooh man its gonna be insane for us