Crypto.com: March 2021 Updates

March was a phenomenal month for Crypto.com. We announced a global partnership with Visa that includes principal membership in its network in Australia, with more markets to come. Through this partnership, we also look forward to directly issuing our card and rolling out Spending Power globally. The first joint announcement with Visa hit the wires earlier this week, covering Crypto.com’s settlement of Visa transactions in USDC. It represents a watershed moment for the industry and was covered earlier this week by Reuters, Bloomberg, Fortune, Forbes and other major publications.

We also announced the launch of Crypto.com/NFT, and are proud to be collaborating with an A-list roster of mainstream and digital artists, including Aston Martin Cognizant Formula One™, Axel Mansoor, BossLogic, Boy George, KCamp, KLOUD, Klarens Malluta with Lionel Richie, Mr. Brainwash, OPUS, Snoop Dogg, and more, who are creating original work for our platform.

After months of anticipation, we were thrilled to have finally launched the Crypto.org Chain on 25 March. This major milestone marked the beginning of our intergalactic roadmap from on-chain NFT support, coin issuance and Ethereum Virtual Machine, to Decentralized Exchange with Automated Market Making and more.

We’ve also announced the launch of Crypto.com Capital, our venture fund with US$200m dedicated to cryptocurrency startups at seed and series A stages. Crypto.com Capital announced just yesterday that it has led the first investment in NFT company Efinity.

Speeding ahead, this time into the world of sports, we established an exciting partnership with the Aston Martin Cognizant Formula One™ Team to bring unique experiences to crypto enthusiasts and fans of the sport. We also signed a sponsorship deal with the Montreal Canadiens of the National Hockey League (NHL), making history as the team’s first cryptocurrency sponsor. Read on for details about these updates and more.

Highlights:

Crypto.com Announces Global Alliance Partnership and Principal Membership with Visa

We announced a global partnership with Visa that includes principal membership in its network in Australia. The partnership will advance Crypto.com’s ambition to accelerate the adoption of crypto payment solutions around the world by expanding the reach of the Crypto.com Visa Card. Read more here.

Crypto.com Launches NFT Platform with Exclusive Content

We launched Crypto.com/NFT, a platform dedicated to delivering unique content from popular artists, musicians, and athletes, as well as leading brands. Poised to be the world's largest and most user-friendly NFT platform, we are committed to partnering with these creators to develop compelling content for this new medium. Learn more here.

CRO Mainnet Launched on 25 March 2021 as the Crypto.org Chain

It’s official! Our mainnet has launched as the Crypto.org Chain with Crypto.org Coin (CRO) as the native currency. Read more about the launch here, and visit our blog to check out the Crypto.org Chain Intergalactic Roadmap.

Crypto.com Partners with the Aston Martin Cognizant Formula One™ Team

The partnership brings together two brands that share a passion for technology and speed, and places the Aston Martin Cognizant Formula One Team™ at the forefront of cryptocurrency innovation. The multi-year partnership will bring exclusive experiences and opportunities to traders and fans of the sport. Learn more here.

Crypto.com Partners with NHL Montreal Canadiens

Crypto.com has made history by becoming the Stanley Cup-winning Canadiens’s first crypto partner, and will take centre ice in the Bell Centre, displaying Crypto.com to the ice hockey world. Learn more here.

Virtual Crypto.com Visa Card Launch

You can now start spending and earning up to 8% back with your Crypto.com Visa Card while you wait for your physical card to arrive. Virtual Cards are available to Crypto.com App users in the EU and UK, with more markets coming soon. Apply Now!

Crypto.com Exchange Adds the ETHUSD Perpetual Contract

Following the launch of Derivatives trading with the BTCUSD Perpetual Contract, Exchange users can now trade the ETHUSD Perpetual Contract using USDC as collateral, with leverage of up to 50x. You can also enjoy discounted trading fees based on the amount of your CRO stake in the Exchange. Read about it here.

Crypto.com Capital Launch

Crypto.com has launched a USD 200M fund for crypto startups! Crypto.com Capital will invest in and support the growth of the most promising startups today. Are you in this group? Find out more here.

Crypto.com Adds Exclusive Rewards to its Exchange VIP Programme

Following the announcement of our global partnership with the Aston Martin Cognizant Formula One™ Team, we are excited to add exclusive money-can’t-buy rewards to our Exchange VIP Programme, as well as extend its coverage to the Derivatives Exchange. More details here.

CRO Mainnet Celebratory Launch Campaign on the Exchange

To celebrate the successful launch of the Crypto.org Chain Mainnet with the community, we are giving away USD 50,000 in prizes to users who trade CRO on the Exchange. All eligible participants have the chance to win a share of the prize pool, where the Rank 1 winner will receive USD 5,000! Check out the details here.

NFT Exclusive Campaign

Following the successful launch of our NFT platform, we are excited to announce an Exclusive Campaign for NFT tokens currently listed in the Crypto.com App. All eligible users have the chance to win a share of the USD 50,000 prize pool. Campaign details here.

Now on Supercharger: Enjin Coin (ENJ)

Supercharger is back with a USD 2,000,000 allocation of Enjin Coin (ENJ)—8x our usual allocation amount! We also increased the Charging Period for this event from 30 to 45 days. Learn more about the event here.

Crypto.com Tax is Now Available for Users in Canada

This 100% free-of-charge service enables users to quickly generate accurate and organised crypto tax reports, including transaction history and records of capital gains and losses. We worked with professional tax advisers to ensure that the calculation logic is consistent with available guidance and laws for filing crypto taxes in Canada. Learn more here.

Crypto.com Adds Russian to its Growing List of Supported Languages

Crypto.com now supports Russian! This addition reinforces our commitment to expanding access to digital financial solutions globally. Learn more here.

Crypto.com Research Publishes the First Crypto.com Visa Card Consumer Spending Report

The first Crypto.com Visa Card Consumer Spending Report is out! Some of the key findings include: strong overall growth in spending of 55% YoY with merchants in 143 countries; global spending habits also changed significantly amid the pandemic. Learn More here.

400K Followers on Twitter

We now have 400K+ followers on Twitter! A big thank you to the community—let's keep accelerating the world’s transition to cryptocurrency together. Be sure to follow us on Twitter if you haven’t done so already.

Crypto.org Chain Updates:

Crypto.org Chain (CRO) Partners with Leading Blockchain Analysis Company Chainalysis

The partnership will bolster the security of the Crypto.org network, leveraging Chainalysis’s industry-leading compliance and risk management software that’s designed to monitor and investigate cybercriminal activity on blockchains. Learn more here.

Crypto.org Chain on Ledger

The Crypto.org Chain application is now supported by Ledger, and is available to all Nano S and X users.

Crypto.org Chain Dev Update 13

In this Dev Update, we highlighted important updates for our Croeseid Testnet, Crossfire Mainnet Dry-Run, and desktop wallet. More details can be found here.

Crypto.org Chain Dev Update 14

This Dev Update focused on chain and wallet upgrades, integration of technology offered by our partners, and preparing for the Crypto.org Chain Mainnet launch. Read all about it here.

Crypto.com App Updates:

Crypto.com App Lists Kava (KAVA) and 1inch (1INCH)

Kava (KAVA) and 1inch (1INCH) join the growing list of 100+ cryptocurrencies and stablecoins that are available in our App. Buy crypto at true cost now.

New Deposit and Withdrawal Tokens

Filecoin (FIL), Theta (THETA), Ocean Protocol (OCEAN), and Avalanche (AVAX) deposits and withdrawals are now supported in the App.

New USDC Trading Pairs

New USDC trading pairs are now available in the App. Trade USDC with FLOW, OCEAN, SAND, ZRX, PAX, TUSD, PAXG, CELR, STX, FIL, NEO, NEAR, ONE, ANKR, ALGO, DAI, HOT, RLC, OGN, LRC, BNT, STORJ, STRAX, and CHR, along with 30+ other pairs now.

Crypto Earn Adds Bancor (BNT)

Crypto Earn now supports BNT. Users can receive up to 3% p.a. on their deposits, paid in BNT, and Crypto.com Private users can earn up to 5% p.a. BNT deposits and withdrawals are also enabled on the Crypto.com App. More details here.

Buy Bitcoin for as little as USD $1

We are pleased to announce that the minimum purchase amount for Bitcoin in the Crypto.com App has been lowered to just $1. Buy BTC in the Crypto.com App now!

Turkish Lira is Added to the Growing List of Payment Currencies

You can now avoid FX fees from your bank and view App balances in Turkish Lira (TRY) in the Crypto.com App, in addition to 20+ major currencies! Set up your local currency now.

0% Credit/Debit Card Fees for New Users in Turkey for 30 Days

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

Crypto.com DeFi Updates:

Earn ~50% p.a. in CRO Staking Rewards in the Crypto.com DeFi Wallet

5 billion CRO have been allocated to native CRO staking rewards, which is currently set at ~50% p.a. for active participants of the network. Users can migrate ERC20 CRO to native CRO directly in their DeFi Wallets using a simple migration tool. More details here.

New Tokens on DeFi Swap

Kyber Network (KNC), Meta (MTA), Balancer (BAL), Loopring (LRC), Maker (MKR), DeFi Pulse Index (DPI), and Synthetix (SNX) are now available on DeFi Swap. Liquidity Providers can enjoy Swap-Fee Sharing and boost their yield by up to 20x when staking CRO. Start swapping, farming, and staking now.

Crypto.com Exchange Updates:

New Lending Collaterals

Users can now borrow against their crypto with a loan-to-value (LTV) ratio of up to 50% by depositing Cosmos (ATOM), Bitcoin Cash (BCH), Dai (DAI), Cardano (ADA), or Stellar (XLM) as collateral. Read more details here.

New Lending Loan Currencies

Users can now secure Doge (DOGE), Uniswap (UNI), Dai (DAI), and Yearn Finance (YFI) loans by borrowing against their crypto, and access a loan-to-value (LTV) ratio of up to 50%.

New Listings on the Exchange

We listed Matic (MATIC), Chiliz (CHZ), Filecoin (FIL), Ankr (ANKR), Theta (THETA), 0x (ZRX), Ocean Protocol (OCEAN), Flow (FLOW), and Waves (WAVES) on the Exchange! Trade them in USDT pairs now.

New BTC Trading Pairs

We listed the FIL/BTC and ENJ/BTC trading pairs! Trade on Exchange now.

Crypto.com Pay Updates:

Pay with Doge (DOGE) Using the Crypto.com App

Crypto.com Pay now supports DOGE! Users can use DOGE to make purchases at any online shop with Crypto.com Pay Checkout, purchase Gift Cards from 1,000+ brands in 30+ countries, and top up Mobile Airtime in the Crypto.com App.

Community Updates:

Kris on CoinDesk TV

Our CEO Kris Marszalek spoke about our NFT platform and other important updates on CoinDesk TV’s First Move episode from 16 March. Watch it here.

Kris on Visa’s Fintech Perspectives

Kris talked about why he thinks Visa’s crypto settlement platform is a big deal, his views on NFTs, and more during Visa’s Fintech Perspectives episode from 30 March. Watch it here.

AMA with VeChain

We hosted a live AMA with Sunny Lu, Co-founder and CEO of VeChain, on 16 March to discuss and answer viewers’ questions about the project. Missed it? Watch it here.

AMA with Enjin

We hosted a live AMA with Witek Radomski, Co-founder and CTO of Enjin, on 31 March to discuss and answer viewers’ questions about the project. Missed it? Watch it here.

MIT Fintech Conference Sponsorship

We supported the MIT Fintech Conference on 5 March, which covered what's happening in blockchain, digital payments, and consumer FinTech.

Crypto.com Attends The Conference Exchanges: DeFi.Edition

Our UK GM Teana Baker-Taylor and our SVP, Institutional Sales Diana Pires joined The Conference Exchanges: DeFi.Edition to talk about our exchange, crypto and DeFi in 2021, and more. Event details here.

Crypto.com Attends Blockchain Africa Conference

Our Europe GM Mariana Gospodinova and UK GM Teana Baker-Taylor joined the Blockchain Africa Conference to discuss CeFi and DeFi, institutional and retail investment, DeFi for institutions, and more. Event details here.

Crypto.com Appoints Joe Conyers III as EVP, NFT Platform

We announced the appointment of Joe Conyers III as EVP, NFT Platform. Joe will oversee the development of our NFT platform, which features the world’s top artists, athletes, and sports leagues. Learn more here.

Teana Baker-Taylor Recognised on the ‘Women in FinTech Powerlist 2020’

Our UK GM Teana Baker-Taylor was recognised as one of the ‘Senior Leaders’ on Innovate Finance’s ‘Women in FinTech Powerlist 2020’!   Full list here.

Crypto.com Supports the Theta Network Upgrade

Crypto.com supported the Theta Network Upgrade, which took place on 11 March 2021.

Crypto.com is Accredited and Featured on 3 Protocols’ Official Websites

Crypto.com was accredited and featured on the official websites of Ankr, Vechain, and Neo.

Events of the Month:

Enjin (ENJ) Bonus Yield Campaign

The Enjin Campaign ended on 27 March, with a total of ~USD 80,000 shared among Liquidity Providers during this period. Congratulations to the winners and thank you to those who participated. Campaign details here.

BNT Exclusive Campaign

We boosted earnings by 3x for eligible users as a part of our BNT Exclusive Campaign, giving away a total prize pool of USD 15,000. Campaign details here.

Exchange Derivatives Race

Following the launch of Derivatives trading on the Crypto.com Exchange with the BTCUSD and ETHUSD Perpetual Contracts, we introduced our first-ever Derivatives Race with USD 200,000 worth of rewards. To celebrate our partnership with Aston Martin, we also gave away special rewards from the Aston Martin Cognizant Formula One™ Team! Campaign details here.

Dogecoin (DOGE) Listed on Supercharger

DOGE was listed on Supercharger with a USD 250,000 allocation. View details of the event here.

Flow (FLOW) Listed on The Syndicate

FLOW was listed on The Syndicate at 50% off, and the event was a success: 36.9X oversubscribed, 7,750 FLOW allocated, 20.9 million CRO contributed by 1,945 users with 141.23% APY.

ANKR Campaign

Following the listing of ANKR on the Crypto.com Exchange, we finished giving away 588,888 ANKR to users who traded the digital asset on our Exchange with USDT. Congratulations to the winners and thank you to those who participated. Campaign details here.

KAVA Exclusive Campaign

We launched the KAVA Exclusive Campaign, where App users and KAVA traders had the chance to win a share of the USD 50,000 KAVA prize pool. Campaign details here.

THETA Exclusive Campaign