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"Not your keys not your crypto"
If this sentence is important to you I can tell you right now Crypto.com is not for you.
While it is important for me as well I still wanted to take advantage of their earning program.
So I transferred a bit of crypto onto their wallet which supports now 53 different currencies afaik.
Some you can lock up and get up to 16% yearly interest...this is only true for their utility token "CRO" though.
After that stable coins are offering the best rewards with 10% and then it is a mix between 1% to 6% depending on the coin. The more popular the coin is the lower the interest.
This also only holds true if you are willing to lock up your coins for 3 months.
There are 2 other options as well the first one being flexible with 1% and the second one 1 month with usually 2%.
Again the reward on stable coins is much better.
As mentioned I staked some crypto with their app. The app looks great but it has to as I cant imagine people sending their BTC etc there if it looks shitty.
The navigation through the app is pretty self explanatory and you find everything you are looking for with a couple of swipes.
The 90 days felt very long though as I maybe had put in a bit too much. Everything looks and feels very professional and there is no real reason to be afraid they run off with my coins but...you know black swans etc.
Still I will continue to stake a bit of stable coins and their tokens (CRO and MCO) there as if they would shut down for any reason the tokens would be worthless anyway and 10% is a pretty good deal and future Flipstar is already dreaming about a small side income through that.
A couple of days ago I finally got the email that my card is almost ready for shipping after I pass the KYC.
I think finally having and using their credit card might change my mind if and with how much I am willing to trust them (again so far no reason not to). I am pretty hyped about getting it finally as I am waiting for well over 1 year for it.
If I stake 500 MCO I will receive free Netflix, Spotify and 3% instead of 2% cashback. But I have to see if this will be worth it for me as you don`t receive any interest if you stake for the cards benefits as far as I understood it but there are people claiming in their telegram you still do. So this will be a future Flipstar thing to figure out.
Overall I like everything so far but not having control over your crypto/keys is something really to consider as it bothered me more than I anticipated.