I use the crypto.com (MCO) card all the time and I love it. I got the 3% cash back version and it makes it super easy to spend crypto.
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I use the crypto.com (MCO) card all the time and I love it. I got the 3% cash back version and it makes it super easy to spend crypto.
Cool! Are the top-up fees high?
From what I remember, sometimes these cards use outrageous conversion rates. (and that's what kind of stopped me in the first place 2 years ago when I looked at crypto cards)
As far as I can tell the conversion rates to top up are about what I see for current market rates...either way it's definitely way better than what I was paying to convert to USD through Coinbase.
Good to know!
Thanks for your feedbacks, I might give it a try 😉
I actually have another question, on top of the perks, do you earn interests on the MCO you stake during this 6 months lock up? (I mean the 50 or 500 MCO that you stake to get the card)
Hey, sorry for the slow reply...you get 6% APR interest rate on your MCO tokens, paid in MCO tokens weekly.
Does crypto.com also offer any help with tax reporting? I think here in the US spending crypto is still considered as a taxable transaction...so for me its hard to see why I want to spent crypto for everyday purchases... what do you think?