October was another exciting month for Crypto.com. Not only did we achieve new milestones, impactful new products were also launched to offer new ways for users to buy and trade.
We now have an amazing 5+ million users worldwide—just three months after we hit 3 million.
Several new features have been upgraded, including the addition of 6 stablecoins and 4 Fiat Wallet support for Recurring Buy. We’ve also integrated PayID for users to send or receive crypto with ease, listed Polkadot (DOT) on Supercharger and The Syndicate, and released new testnet Croeseid on the Crypto.com Chain to support our DeFi roadmap! A new language was added to the App and Exchange, too. For all the October updates and more, read on!
5 Million Users!
We now have more than 5 million users worldwide after hitting 3 million only three months ago. A big thank you to everyone who supported us over the past 4 years. Buckle up, because we have many more orbits around the moon to come!
Polkadot (DOT) Listed on Supercharger and The Syndicate
Polkadot (DOT) is now live on Supercharger and The Syndicate with a total USD 500,000 allocation! Event ends on 10 November. View more details here.
Crypto.com Chain Released Cosmos-based Testnet - Croeseid
We’re happy to announce that the Crypto.com Chain has released the first version of its new testnet, Croeseid, featuring a new codebase based on the Cosmos SDK today. The change in architecture lays a strong foundation for the development of our DeFi roadmap. Learn more about Croeseid here.
PayID Integrated on Crypto.com
PayID, a universal payment identifier, is now integrated on Crypto.com. Users can send or receive crypto across any network under the same initiative, without the need for long addresses. Learn more about it here.
New Payment Options for Recurring Buy
Users can now automate crypto purchases with stablecoins or their Fiat Wallet, in addition to using their credit/debit card and crypto! Supported stablecoins include USDT, USDM, TUSD, DAI, PAX, USDC, and the supported fiat wallets include USD, EUR, GBP, and AUD, with more to come. Build your positions now!
New Language for App and Exchange
Olá! Crypto.com App and Crypto.com Exchange are now available in Portuguese! We have several more languages in the pipeline that we can’t wait to share. View details here.
Crypto.com Widget Integrated on Brave Browser
Users can now trade BTC from the New Tab page on Brave Browser! Stay tuned, as we roll out enhanced features in the coming weeks. Try out the new feature here.
New General Manager of Latin America
We’ve appointed Filomena Ruffa as General Manager of Latin America (LATAM), where she will be responsible for leading all operations and driving strategic business relationships in the region. Get to know Filomena here.
New General Manager of the U.K.
We’ve appointed Teana Baker-Taylor as General Manager of U.K., where she will be responsible for driving the business strategy and overseeing U.K. operations, including leading licensing efforts, regulatory affairs and business development. Get to know Teana here.
DeFi Swap Updates:
New Tokens on DeFi Swap
Users can swap and farm Nest Protocol (NEST) and Aave (AAVE), provide liquidity to earn Triple Yield, and stake CRO to get up to 20 times higher yield on DeFi Swap! Start swapping, farming, and staking now.
DeFi Swap Listed on Opera and Other Dapp Websites
Crypto.com App Updates:
New Super App Menu Now Live
We have redesigned the Super App Menu to ensure users can navigate through the Crypto.com App with ease. You can now have a list view of available products, or select up to four shortcuts from 16 available options. View here.
New Listings on App
We’ve listed Ankr (ANKR) and Aave (AAVE) on the Crypto.com App, in addition to a growing list of 80+ cryptocurrencies and stablecoins! Buy crypto at true cost now.
Deposits and Withdrawals Enabled for New Tokens
Withdrawals and deposits for Band Protocol (BAND), Elrond eGold (EGLD), Bancor Network Token (BNT) are now enabled in the App.
Elrond eGold (EGLD) Listed on Crypto Earn
Earn up to 3% p.a. on your Elrond eGold (EGLD) with interest paid in EGLD. Private users can earn up to 5% p.a. More details here.
Updated CRO Staking Rates
You asked, and we listened. After receiving a lot of feedback from the community regarding our new CRO Staking rates, we moved forward with revising the CRO staking rates upwards, and held an AMA with our CEO Kris Marszalek on 21 October to address your questions. More details here.
Crypto.com Exchange Updates:
New Listings on the Exchange
We’ve listed Elrond eGold (EGLD), Band Protocol (BAND), Wrapped Bitcoin (WBTC) and Aave (AAVE)! Trade them in USDT and CRO pairs now.
Crypto.com Card Updates:
Card Staking Requirements Update - Upgrade Fees Waived Now Through 2 November!
New Crypto.com Card Staking Requirements will be effective from 2 November onwards. See the new rates here.
USD Now Supported for Singapore Card
USD is now supported on the Singapore MCO Visa Card, in addition to SGD, EUR, AUD, HKD, JPY, and GBP. Users can exchange their card balance to USD or another supported currency with no fees at the interbank exchange rate. More details here.
Singapore Card Program Migration Completed; Debit and Credit Top-Ups Resumed in APAC
We’ve successfully completed the migration of our Singapore Visa Card program to PayrNet on 7 October. Credit/debit card top-ups for the MCO Visa Card in Singapore and throughout the APAC have been resumed, too. Top-up instantly with your credit/debit card now.
Crypto.com Pay Updates:
Crypto.com Pay Checkout Plugin Now Available for nopCommerce Merchants
We’ve integrated the Crypto.com Pay Checkout plugin with nopCommerce, allowing merchants on the nopCommerce platform to easily accept cryptocurrency from 30+ million users through Crypto.com Pay! More details here.
Crypto.com Pay Invoicing Now Available for Kaiko
Kaiko has integrated the Crypto.com Pay invoicing feature, allowing its clients to pay invoices in five popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and Crypto.com Coin (CRO). Learn more here.
AMA with our CEO Kris Marszalek
We hosted a live AMA with our CEO Kris Marszalek on 21 October to address the community’s concerns about our latest product and service updates. Watch the AMA here.
Collateral Onboarding Call with MakerDao
On 21 October, our COO Eric Anziani joined a live Collateral Onboarding Call at MakerDao, presenting our application for CRO to join as a collateral asset. View details here.
AMA with Blockstack
We hosted a live AMA with Blockstack Growth and Production Partner Xan Ditkoffon 1 October to discuss and answer viewers’ questions about the project. Missed it? Watch the AMA here.
AMA with The Sandbox
We hosted a live AMA with The Sandbox Co-founder and COO Sebastien Borgeton 7 October to discuss and answer viewers’ questions about the project. Missed it? Watch the AMA here.
AMA with VeChain & VIMWorld
We hosted a live AMA with VeChain Co-founder and CEO Sunny Lu and VIMWorld Co-founder and CEOJohn Dempsey to discuss and answer viewers’ questions about their projects. Missed it? Watch the AMA here.
AMA with Decentraland Foundation
We hosted a live AMA with Head of Marketing at Decentraland Foundation Federico Molina on 26 October to discuss and answer viewers’ questions about the project. Missed it? Watch the AMA here.
The Sudden Rise of Defi - Survey Findings
Continuing our research efforts about the rise of DeFi, we worked with Boston Consulting Group (BCG) to survey 400+ financial institutions. A surprising 86% of them are assessing services on a DeFi framework. Interested to know how they view the DeFi trend? Read our findings here.
BAND MainNet Upgrade Supported
We supported the BAND MainNet Upgrade (Wenchang to GuanYu MainNet Upgrade) on 14 October. More details here.
Gold Sponsor of Paris Blockchain Week Summit 2020
Join us at the Paris Blockchain Week Summit 2020 on 8-9 December! Save 30% on Early Bird tickets before the offer expires on 31 October. Get tickets here with our exclusive discount codes.
Exclusive Crypto.com Private Welcome Pack
Grab your exclusive SWAG today and enjoy premium benefits and rewards when you become a Crypto.com Private Member! View the full list of rewards here.
Events of the Month:
VIP API Race Trading Competition with USD $100k+ Prize Pool
We launched a VIP API Race Trading Competition this month for all retail API traders.They simply need to sign up to the Crypto.com Exchange and trade any pairs for the chance to win up to USD 10,000 worth of CRO. More details here.
Band Protocol (BAND) Listed on The Syndicate
BAND was listed on The Syndicate at 50% off. The Crypto.com Exchange event was a success: 44.4 times oversubscribed, 85.3K BAND allocated, and 74.1M CRO contributed by 4,510 users.
Elrond eGold (EGLD) Listed on The Syndicate
EGLD was listed on The Syndicate at 50% of. The Crypto.com Exchange event was a success: 37.7 times oversubscribed, 71.7K EGLD allocated, 86.3M CRO contributed by 3,768 users with 138.22% APY.
Stake Up to Gear Up Lucky Draw
We organised the “Stake Up to Gear Up” Lucky Draw for users who stake a minimum of 1,000 CRO and trade CRO to win the latest Apple gear! See details here.
iPhone 12 Pro Giveaway
We hosted a giveaway with 20 iPhone 12 Pros! More details here.
Telegram Live Quiz to Celebrate App and Exchange Localization
The Crypto.com App and Exchange are now available in four new languages: French, Spanish, Korean, and Italian. To celebrate the launch with these local communities, we organised a Live Quiz on their respective Telegram groups. More details here.
ANKR Exclusive Campaign
We launched an exclusive campaign for users who trade ANKR on the Crypto.com App, with a total prize pool of USD 30,000 in ANKR Tokens. More details here.
News and Reviews:
- Altcoin Buzz
- Crypto Briefing
- Journal du coin (FR)
- Bitcoin.pl (PL)
- Crypto Briefing
- Journal du coin (FR)