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Crypto.com decreasing their rewards

Just two words – Celsius rullz! I am dissapointed again by Crypto.com, even if they try to survive as a bussiness. This is a major thing, nevertheless, after they did the 5000$ minimum trade rules to participate to their promotions. 

I just received an email being informed that on Tuesday 13 October 2020, 09:00 UTC, adjustments were made to Crypto.com CRO Staking and Earn Rates:

• CRO Staking Rates: 6% p.a. for both Crypto.com App and Exchange

• CRO Earn Rates: 4% p.a., 2% p.a. and 1% p.a. for 3-Month, 1-Month and Flexible Terms respectively

• CRO Soft Staking Rate: 1% p.a. regardless of CRO staked

If you staked 10.000 or more before 13th of October, they will bring you the same rate (20%) until the deposit will finish the staking period. After the 180 days are over, everything will only get 6%. Everything you stake for the card, 6%. Everything you have on the Crypto.com Earn, 18% until the staking period ends, 6% after that. 

If yuo didn’t used your deposit bonus and Early swap bonus until now (14.10.2020), you will only get 6%. 

 

This is a big blow for savers everywhere, as i know many people using their app. As for me, as soon as the staking period ends, i will move all my funds invested in CRO in another form of investment. Maybe Matic or Synthetix on Celsius for 22.40% (at the moment). Check all the Celsius rates here

Even BlockFi seems to have some enticing rates on USDC, GUSD and PAX (8.6%). Nexo is offering between 8-8.60% on USD, EUR, GBP, USDT, TUSD, USDC, DAI, PAX also. 

I can only end with BAD, BAD Crypto.com!

Yours trully,

G.

 

Why not…

…try DogeWars game and get Dogecoin fighting bosses and other players. 

…use the world best cryptocurrency exchangesBinanceCoinbase and Kucoin

…get the higher rewards for your investments using Blockfi and Crypto.com. For Celsius.network, use referral 1235256530 for $20 bonus. 

The most lucrative faucets that I use: ZENZECPIVXLTC and few others. 

 

Get ETH while writing on Publish0x blog, using the Brave browser – Presearch search engine to maximize your BAT income.

Check my Lbry.tv channel in here. I am also writting on Read.cash (Bitcoin Cash rewards there).

 

Disclaimer: This text also can be re-published on my personal blogs, such as this one.

 

 

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