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The cryptocurrency market is going on a virtual roller coaster over the past couple of weeks.This is especially true for Bitcoin, where the daily fluctuations are getting more and more definitive.
The primary cryptocurrency crossed $40K for the first time in history this month, only to drop back down to where it’s currently trading.Some think that this is a step towards a larger correction, while others believe that it’s a drawback before another major push forward to uncharted territories.
Whatever the case may be, the market seems to be maturing as more and more institutional investors are lining up.The world’s largest asset manager, BlackRock, even filed documents with the United States Securities and Exchange Commission to let them know that some of its funds may engage in cash-settled Bitcoin futures trading.
With this said, more and more people are jumping on the bandwagon, and one of the more popular cryptocurrency exchanges – CryptoCom, has taken actionable steps to make it convenient for newcomers in the space to get the best shot.Fee-Free Cryptocurrency Purchases for New Users
One of the things that the exchange offers to new users is the option for cryptocurrency purchases at 0% fees when using their credit or debit cards.
It’s simple enough – if you don’t have a Crypto.com App account or if you’ve registered after January 6th, 2021, you need to successfully pass the Know-Your-Customer (KYC) verification process and can enjoy 30 days of 0% credit and debit card fees on your crypto purchases.
It’s worth noting that there are 53 eligible jurisdictions that can take advantage of the services of Crypto.com, which is substantial.
Once the 30 days are over, users will be charged fees that can vary from one market to another.The full list of supported jurisdictions, as well as the fees that users will incur, are found here.
Additional Features Through a Comprehensive Referral Program
In addition to the above, Crypto.com also allows its users to enjoy a comprehensive and simple referral program, allowing them to earn additional income.
The process is fairly simple.You will be given a designated referral link from the platform that you can share with your friends.
Once they use your link, they would have to complete the sign-up and pass the KYC verification.This way, they will also receive a sign-up bonus of $25 in CRO (the exchange’s native token), which will be unlocked by staking CRO for a Crypto.com Visa card.
As soon as they successfully reserve a Metal Visa Card, you will get the $25 bonus in CRO instantly.Moreover, the people you refer to the platform will also be able to enjoy the 0% fees on their crypto purchases.
It’s also worth noting that the platform has recently announced Crossfire – a dry run of Crypto.com’s mainnet.This is an important milestone and also the final step in the preparation for the launch of the mainnet.
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