Sorry, I don’t understand. Can you please elaborate?
IF i put in 3500 usd and get a cro visa card. Can My funds be hacked om My cro visa card? Is it automatic staking of My funds in THE cro visa card?
The card stake is not your Visa card funds available to spend. You’ll need to topup your card with Fiat money. The Visa card theoretically is prone to card fraud as any other card on the world.
I dont understand, IF i buy THE visa card for 3500usd, i Will get cro Worth of 3500usd right? And that cro Will increase because My funds in the visa card keeps growing with 8-12% a year?
It’s not funds in the Visa card, but staked for the card. You’ll be getting 10-12% APR paid weekly in-like (CRO).
It is possible to open an account from Bangladesh crypto.com
Not sure, but I think it’s not covered yet.
So IF i put in 3500 usd, i get One typ of card with 3500 usd Worth of cro, and those cro Will increase 8-12% per year ?
No. The price of CRO is determined by the market. Let’s make it an example. 3500$ are 10,000 CRO today. You lock it in. You’ll be getting 10% (1,000 CRO per year), paid weekly (19,18 CRO every week). Nobody knows the price of this CRO tomorrow, in one week, one month or one year…
Okey so if i understand it correctly, i order THE visa card through putting in 3500usd into THE cro Wallet. And those 3500usd Will give me lets Day 6500 cro coins. These cro coins can be locked in, and if i lock it in for 1 year, i get 6500*1,1 cro a year. Paid out weekly. My weekly earnings are not restaked for compounding?
No, there’s no compounding. The paid out CRO are at your disposal. You might want staking them on DeFi wallet for example for a current APR of 12%. 🤷♂️
So basically IF i put in 3500usd and get a visa card with (lets say) 6500 cro. Those cro coins increase 10% a year With weekly payments, BUT, i cant restake the weekly payments?
No, you can’t for the card stake. But you can put them to Crypto Earn, Supercharger, DeFi Wallet or even DApps like tectonic, VVS, etc. it’s up to you and your risk profile.
Okey so basically what would be best is to Keep pouring in money in THE visa card to increase THE cro coins and THE more cro coins i have in THE Wallet, THE more staking rewards i get paid out weekly right? Like IF i put in 5000usd in THE visa card, i Will Still get THE same card as THE 3500. But with a larger amount of cro that Will Then generate a larger amount of rewards in cro. My cro coins i get with a Wallet for 3500usd, can be in My nano x ledger?
You cannot put more into the card stake than required. You can do anything you want with the CRO you earn, even transferring them to a Nano X Ledger.
So i cant put 5000usd to get a certain visa card? It is either 350usd, 3500usd, 35000usd or 350000usd? I cant put in an amount inbetween 3500 and 35000 to get THE visa card with more cro coins ?
Exactly. You have to choose the card tier and that determines your stake. If you go for the 3500$ card you can only stake CRO worth 3500$ at the time of ordering the card.
Okey thanks for clearing that out for me. THE staking apr of 3500usd visa card is how much 3%?
Обсуждают сегодня