Crypto.com: January 2021 Updates

2021 kicked off with a bang, as we—as well as the crypto community—hit several new all-time-highs. The new year began with BTC reaching its record price of USD 41.9K, shortly followed by ETH crossing above USD 1,450. At Crypto.com, we achieved new ATHs for monthly user registrations, transactions, trade volumes and revenue. Additionally, we surpassed 300K followers on Twitter and 100K members for Telegram. The Crypto.com App was also ranked by Apptopia as the second ‘Most Downloaded Cryptocurrency App in the World in 2020!

We established exciting new partnerships this month, including working with Booking.com to provide users with exclusive discounts on its 28M+ accommodation listings, and collaborating with Alchemy to power the Crypto.com developer platform. We also launched several new features, including Lending and transaction history export functionalities on the Exchange, and released our first Non-Fungible Token (NFT) to commemorate the start of Crossfire and our Croeseid Testnet. Read on to learn more about all our January updates!

Highlights:

New ATHs for us and the crypto community

This month, BTC hits an all-time-high of $41.9K while ETH sets its all-time-high above $1,450. We achieved record monthly users, transactions, volumes and revenue as well!

300K Followers on Twitter

We now have 300K followers on Twitter! Thank you to all - let's keep accelerating the world’s transition to cryptocurrency. Follow our Twitter now.

100,000 Members on Telegram

We now have 100,000 members in our Telegram community. Thank you for your continuous support! Join us now on Telegram.

Crypto.com App Ranks #2 as the Most Downloaded Cryptocurrency Apps in 2020 Worldwide

Our App is the second most downloaded crypto app in 2020! Download the Crypto.com App now.

Crypto.com Chain Mainnet Dryrun: Crossfire, Commenced with 220 Validators

Crossfire, the Crypto.com Mainnet Dry-Run, commenced on 18 January after opening for registration last month, and the applications far exceeded expectations with over 3,000 applicants. The Dry-Run aims to stress test the network in a practical, real-world setting before its public release. More details here.

Crypto.com Partners with Booking.com to Offer Exclusive Discounts

Crypto.com users can enjoy up to 25% off Booking.com’s 28M+ accommodation listings, available exclusively inside the Crypto.com App! Learn more about the offers here.

Crypto.com Partners with Alchemy for the Crypto.com Chain

Taking another notable step towards our Mainnet launch, we announced a new partnership with Alchemy to power the Crypto.com developer platform, further expanding the support ecosystem for the Crypto.com Chain. Learn more about the partnership here.

Crypto.com Visa Card Referenced as A Leading Partner Platform by VISA

In the Q1 2021 Visa Inc. Earnings Conference Call on January 28, Visa CEO Al Kelly shared their strategy for crypto, and we’re proud to have been referenced as a leading partner! Listen to the conference here.

Lending is Now Live on the Exchange

We are excited to announce the launch of Lending on the Exchange. Users can now deposit crypto as collateral and receive an instant loan with flexible terms and low interest rates. See more details here.

Crypto.com NFT Giveaway

We created our first NFT to commemorate the start of Crossfire and our Croeseid Testnet, which is inspired by the first gold coins minted for general circulation. See more details here.

Export Your Transaction History on the Exchange

Users can now export up to 6 months of their transaction history in CSV file format. See how it works here.

Next on The Syndicate: FIL

FIL will be listed on the Exchange on Tuesday, 23 February with the FIL/USDT and FIL/CRO trading pairs. Learn more about the event here.

Crypto.com App Updates:

0% Credit/Debit Card Fees for New Users for the First 30 Days

New Crypto.com App users can enjoy 0% credit/debit card fees on all crypto purchases made in their first 30 days. More details here.

Default Homepage

Users can now get instant access to their account balances by setting their App’s default homepage to ‘Accounts in Settings.

New Listings on the App

We listed SKALE Network (SKL), Synthetix (SNX), THETA Fuel (TFUEL), Stacks (STX), and Dogecoin (DOGE) in the App, in addition to a growing list of 80+ cryptocurrencies and stablecoins! Buy crypto at true cost now.

New Deposit and Withdrawal Tokens

The Graph (GRT), Chiliz (CHZ), SKALE Network (SKL), Near Protocol (NEAR), and Ankr (ANKR) deposits and withdrawals are now supported in the App.

New Tokens on Recurring Buy

Recurring Buy now supports Litecoin (LTC) and Zilliqa (ZIL), in addition to BTC, CRO, ETH, LINK, BAND, VET, ADA, YFI, AAVE, UNI, DOT, XLM, and LTC. Users can automate their purchases, build their position, and turn their dollars into crypto over time—starting with as little as USD 50. More details here.

New USDC Trading Pairs

New USDC trading pairs are now available in the App. Trade USDC with ETH, LINK, VET, LTC, ZIL, YFI, XLM, BCH, AAVE, DOT, EGLD, and GRT pairs now.

Crypto.com DeFi Swap Updates:

Enjoy Bonus Yield as a CRV Liquidity Provider

Users can now receive bonus yield when providing CRV liquidity on DeFi Swap until 15 Feb 2021. A total of 4,550 CRV (worth ~USD 10,000) will be shared among Liquidity Providers (LPs) during this period, with 2,275 tokens to be distributed per week. For even better rewards, stake CRO and boost your yield by up to 20 times! More details here.

Crypto.com Exchange Updates:

Lending Now Supports VET and LINK

Users can now borrow against their crypto with a loan-to-value (LTV) ratio of up to 50% by depositing VET and LINK as collateral.

New Listings on the Exchange

We listed Bancor (BNT), Kusama (KSM), SKALE Network (SKL), Near Protocol (NEAR), and Synthetix (SNX)! Trade them in USDT and CRO pairs now.

Exchange VIP Program

The Crypto.com Exchange VIP Program has launched! VIP retail clients can enjoy exclusive trading incentives and perks. Apply to become a VIP here.

Crypto.com Chain Updates:

Crossfire Mainnet Dry-Run - Bounty Program

We’re inviting testers to uncover bugs or security risks for our Crossfire Mainnet Dry-Run. This program awards bounties based on the severity of the risk, where testers can receive USD 5,000 of CRO or more for critical issues. Learn how to join here.

Community Updates:

Crypto.com Accredited and Featured on 4 Protocols’ Official Websites

Crypto.com is accredited and featured on the official websites of Bitcoin, Qtum, Ocean Protocol, and Fetch.ai.

AMA with Zilliqa

We hosted a live AMA with Zilliqa President Amrit Kumar on 12 January to discuss and answer viewers’ questions about the project. Missed it? Watch it here.

Cerulean Hu Recognised as One of Asia’s Top 25 Women in FinTech

Our SVP of Blockchain Engineering Cerulean Hu was recognised as one of Asia’s top 25 women in FinTech! Get to know Cerulean here.

Events of the Month:

Near Protocol (NEAR) Listed on The Syndicate

NEAR was listed on The Syndicate at 50% off, and the event was a success: 38.9 times oversubscribed, 106.3K NEAR allocated, and 57.96 million CRO contributed by 1,895 users with a 134% APY.

Zilliqa (ZIL) Listed on Supercharger