Crypto.com: July 2021 Updates

Chief Information Security Officer

July was another incredible month for us. We proudly announced that Crypto.com became the first-ever official fight kit partner of the UFC. To celebrate this partnership, we gave away 10 tickets to UFC 265 and created an exclusive AR filter on Instagram.

We also became the first cryptocurrency platform to receive an Electronic Money Institution (EMI) License from the Malta Financial Services Authority (MFSA), working closely with the organisation to achieve this important milestone. Adhering to all local and international regulations is a crucial part of our commitment to providing a secure and compliant crypto trading environment for our global user base.

This month, we introduced the new Cronos testnet, or the EVM chain running in parallel to the Crypto.org Chain. It aims to massively scale the DeFi ecosystem by providing developers with the ability to instantly port apps from Ethereum and EVM-compatible chains. Furthermore, Chainlink Price Feeds will be integrated into Cronos as our recommended oracle solution for developers who need external financial market data in their Apps.

On the product-side, we increased interest rates for DOT to up to 12.5% p.a., and introduced 17 new supported coins for card top-ups, making it easy for users to transact with their favourite cryptocurrencies and get rewarded along the way. Read on for details about these updates and more.

Highlights:

UFC® and Crypto.com Announce Historic Partnership

DeFi applications

Crypto.com became the first-ever official global fight kit partner of the UFC, which means  our branding will appear on fight kits and  apparel worn by the athletes. We also received the designation of UFC’s inaugural Official Cryptocurrency Platform Partner, creating a new sponsorship category for the organisation. Learn more about it here.

First Global Cryptocurrency Platform to Receive an EMI License From the MFSA

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We are proud to announce that Crypto.com has become the first global cryptocurrency platform to receive an Electronic Money Institution (EMI) License from the Malta Financial Services Authority (MFSA). The EMI License allows Crypto.com to issue cards and offer bank transfers directly to consumers. More detail here.

The Testnet for Crypto.org EVM Chain Cronos Is Now Live

oracle solution

Crypto.com introduced the new testnet for Cronos, which is the EVM chain running in parallel to the Crypto.org Chain. It aims to massively scale the DeFi ecosystem by providing developers with the ability to instantly port DApps from Ethereum and EVM-compatible chains. They also have access to funding from Particle B’s USD 100M EVM fund, and Crypto.com’s 10M+ user base. Learn more about it here.

Cronos to Integrate Chainlink Price Feeds for DApps

Partner

We are thrilled to announce that Chainlink Price Feeds will be integrated into Cronos as our recommended oracle solution for developers who need external financial market data in their DeFi applications. The upcoming integration will give Cronos developers native access to the industry’s most time-tested and reliable decentralised price oracle. Learn more here.

Introducing 17 New Supported Cryptocurrencies for Card Top-Ups

Chief Information Security Officer

Users in the U.S., Europe, UK, Canada, Singapore, and APAC can now top up their card with ADA, DOGE, LINK, MATIC, and UNI, along with other supported stablecoins and tokens. More details here.

Increased Interest Rates for DOT on Crypto Earn

DeFi applications

We have increased the flexible term and 1 month term interest rates for Polkadot (DOT) on Crypto Earn. Users can now receive up to 12.5% p.a.! Details here.

Crypto.com NFT Updates:

Crypto.com NFT Drops in July

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Here are the Crypto.com NFT drops from July:

  • “Humans Infecting Ourselves” – sergitugas
  • “VGK NFT: The Vegas Gold Collection” – Vegas Golden Knights
  • “Uncertain Times” – Enisaurus
  • “Blockchain Totems” – Travis Ragsdale
  • “The Abyss of Self” – YAGIZ KOCABIYIK
  • “Legends: The Official Drop by AFA x FTI” – AFA x FTI
  • “Scars To Your Beautiful” – gervisuals
  • “Colby Brock x Heard Well: Genesis Art” – Heard Well
  • “The Pawfect Mystery Box” – Crypto.com
  • “Adventures In Space”, “Interdimensional Highway”, “Scenic Route”, “Space Drive”, “Wormhole”, “Night Drive” – VISUALDON
  • “The Dreamcatcher” – B166ER
  • “Alternative Existence” – frenerdesign
  • “The Ether Takeover” – Sameer Baloch
  • “Lost Worlds” – Yo Dojo
  • “FROM THE MEME TO THE MYTH” – MORATIEL
  • “Origins – Sculptures – Part II” – Panos Pagonis
  • “The Citizens of Tarogramma” – Damien Cifelli
  • “Alternate Reality” – HPlus Creative
  • “Gianluigi Buffon – ICON” – SportsIcon
  • “Peanut Butter Jelly Time: The NFT” – Slip N Side Records
  • “Enchanted Realm” – Bishal

Don’t miss out and check out the latest drops on Crypto.com/NFT.

Crypto.com NFT Introduces On-Chain Withdrawals

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Crypto.com NFT now supports on-chain withdrawals for collectibles minted on the Crypto.org Chain. Users can easily transfer their NFTs to any Crypto.org Chain-supported marketplace or wallet, including their Crypto.com DeFi Wallet (requires V1.14.0 or above) and Crypto.org Chain Desktop Wallet. Learn more here.

NFT Trading Competition

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We are giving away USD 15,000 for the first-ever NFT Trading Race on Crypto.com NFT. Users can participate by buying or selling any collectible on the platform, and win up to USD 2,000 of CRO. Learn more here.

Crypto.com Visa Card Updates:

Credit and Debit Card Top-Ups Now Available for U.S. Crypto.com Visa Cards

Chief Information Security Officer

We are excited to introduce credit and debit card top-ups for Crypto.com Visa Cards in the U.S.! For a limited time, cardholders can enjoy zero fees when topping up with a debit card. A 2.99% fee will be charged for credit card top-ups. Learn more here.

Crypto.com App Updates:

Crypto.com App Lists 8 Tokens

DeFi applications

MINA, BOND, SLP, QNT, MASK, REP, PENDLE, and POLY have joined the growing list of 100+ cryptocurrencies and stablecoins that are available in the App. Buy crypto at true cost now.

New ETH Trading Pairs

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The ETH/MATIC and ETH/DOT trading pairs are now available.

New Deposit and Withdrawal Tokens

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RUNE, BAKE, BUSD (BEP20), SLP, ETC, and SC deposits and withdrawals are now supported in the App.

New Tokens for Recurring Buy

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Crypto.com App users can now automate weekly, bi-weekly, or monthly purchases of SHIB, LUNA, HNT. Get started with as little as USD 50. More details here.

Crypto Credit Now Supports FIL, MATIC, DAI, and PAXG

Chief Information Security Officer

Users can now deposit FIL, MATIC, DAI, PAXG as collateral and instantly secure a loan with a 50% loan-to-value (LTV) ratio. Crypto Credit allows users to monetise their crypto assets without the need to sell them. There are no required credit checks or repayment deadlines. More details on Crypto Credit here.

Axie Infinity Trading Battle

DeFi applications

To mark the listing of AXS and SLP in the Crypto.com App, we are giving away USD 15,000 worth of token rewards as part of the Axie Infinity Trading Battle! Empower your squad on Axie Infinity by trading USD 100 or more of AXS and SLP in the App by 6 August. More details here.

Crypto.com DeFi Updates:

Crypto.com DeFi Wallet Now Supports DOGE and BCH

inaugural Official

Crypto.com DeFi Wallet has added Dogecoin (DOGE) and Bitcoin Cash (BCH) to its growing list of 200+ DeFi tokens, which include ATOM, AAVE, DOT, YFI, ETH, BTC, and CRO ,(requires DeFi Wallet V1.14.1 or above). With the DeFi Wallet, users can easily send, store, and manage their coins while retaining full control of their private keys and crypto assets. Learn more here.

Crypto.com Exchange Updates:

Trade With ‘Negative Fees’ on the Derivatives Exchange

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We are excited to announce the start of a special ‘negative fees’ promotion in the Crypto.com Derivatives Exchange. The top 50 derivatives traders between now and 8 August will be rewarded with negative maker fees worth up to USD 30,000! More details here.

Crypto.com Exchange Launches ETH Quarterly Futures

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ETH Quarterly Futures Contracts, in addition to BTC Quarterly Futures Contracts, are now available in the Crypto.com Derivatives Exchange. Users can settle in USD stablecoin, access leverage of up to 100x, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange. Quarterly Futures will settle on the last Friday of every quarter at 08:00 UTC (ETH Q3 Futures expire on 24 September and Q4 expire on 31 December, 2020). Learn more here.

Crypto.com Derivatives Exchange Expands Collateral Options Beyond Stablecoins

Chief Information Security Officer

We are pleased to announce that the Crypto.com Derivatives Exchange has expanded collateral options beyond stablecoins, starting with CRO. Users can now deposit CRO, DAI, USDT, and USDC into their Derivatives Wallet to use as collateral against their Perpetuals and Futures positions. More details here.

Crypto.com Exchange Lending Launches Collateral Adjustments

DeFi applications

Crypto.com Exchange Lending has launched the Collateral Adjustments feature, which enables users to improve their loan-to-value (LTV) ratio at any time by adding or removing deposited collaterals. More details here.

The Derivatives Exchange Now Supports Advanced Order Types

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The Derivatives Exchange has launched Stop-Loss and Take-Profit Limit and Market orders. Derivatives traders can now plan their positions ahead of time, as well as effectively lock in profits and manage risk during both up and down market movements. More details here.

New Perpetual Contracts Are Now Available in the Crypto.com Exchange

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SOLUSD, KSMUSD, CHZUSD, BOSONUSD, AAVEUSD, COMPUSD, THETAUSD, AXSUSD, and MANAUSD Perpetual Contracts are now available in the Crypto.com Exchange. Traders can use USDT, USDC, and DAI as collateral, access leverage of up to 100x, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange. Learn more here.

New Leveraged Pairs Added to Margin Trading on the Crypto.com Exchange

Partner

Margin Trading now supports new leveraged pairs, namely XLM/BTC, LTC/BTC, LINK/BTC, ADA/USDC, BTC/USDC, DOT/USDC, ETH/USDC, VET/USDC, EGLD/USDT, SHIB/USDT, CHZ/USDT, PAXG/USDT, AXS/USDT, SLP/USDT, BOSON/USDT, LUNA/USDT, and RLY/USDT. Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements, and access up to 3x leverage for supported trading pairs. More details here.

New Listings on the Exchange

Chief Information Security Officer

We listed IQ, LUNA, SLP, KEEP, FET, PENDLE, SC, ETC, MATIC/USDC, ENJ/USDC, DOT/USDC, VET/USDC, SHIB/USDC, DOGE/USDC, and LTC/USDC on the Exchange. Trade them now.

Crypto.com Pay Updates:

The Crypto.com Pay x Unstoppable Domains Sale Is Live

DeFi applications

Crypto.com Pay is collaborating with Unstoppable Domains to give users exclusive access to premium crypto domains, featuring 5 Ultra Premium and 50 Premium domains. By purchasing one of the 5 Ultra Premium domains using Crypto.com Pay, you will receive an exclusive NFT by @ragenfection on Crypto.com/NFT and a complimentary domain that matches your Twitter handle. Learn more here.

Community Updates:

AMA With Crypto.com CEO Kris Marszalek

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We hosted a live AMA with our CEO Kris Marszalek on 8 July to discuss and answer viewers’ questions about the company’s developments and activities in Q2. Missed it? Watch it here.

AMA With Boson Protocol

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We hosted a live AMA with Justin Banon, Co-Founder of Boson Protocol, on 6 July to discuss and answer viewers’ questions about the project. Missed it? Watch it here.

AMA With Injective Protocol

Partner

We hosted a live AMA with Eric Chen, Co-Founder and CEO of Injective Protocol, on 13 July to discuss and answer viewers’ questions about the project. Missed it? Watch it here.

Crypto.com Attends Fintech Week London

Chief Information Security Officer

Our COO Eric Anziani and Europe GM Mariana Gospodinova spoke at Fintech Week London 2021 to discuss what is happening to Bitcoin and how fintech facilitates financial inclusion. Event details here.

Crypto.com CISO Jason Lau Is Recognised as a Top Chief Information Security Officer

DeFi applications

Congratulations to our CISO Jason Lau for being recognised as among the top Chief Information Security Officers by the Identity Review, alongside peers from Amazon, Microsoft and Facebook, among others. More details here.

Crypto.com Supports Cosmos Hub’s Upgrade

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Crypto.com supported Cosmos Hub’s upgrade on 12 July. Learn more about it here.

Crypto.com Supports Band Protocol’s Mainnet Upgrade

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Crypto.com supported Cosmos Hub’s upgrade on 13 July. More details here.

Crypto.com Supports THETA Network Upgrade

Partner

Crypto.com supported the Theta Network Major Upgrade and hard fork on 30 July. More details here.

Crypto.com Is Accredited and Featured on 5 Protocols’ Official Websites

Chief Information Security Officer

In July, Crypto.com was accredited and featured on the official websites of 5 protocols, namely NKN, RLC, Fantom, Chiliz, and Amp.

​​10 Tokens’ RSS News Feed Successfully Integrated With Crypto.com Price

DeFi applications

CTSI, FORTH, NKN, INJ, LUNA, MATIC, REN, and CHZ tokens’ news feeds were successfully integrated with Crypto.com/Price, enabling users to get first-hand updates from these projects.

Events of the Month:

F1 Contest – Spot Crypto.com at the #AustrianGP

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Users who spotted our logo at the Austrian Grand Prix and captured a photo of it on TV won USD 100 in CRO. Campaign details here.

UFC Fight Kit AR Filter Campaign

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We created an exclusive AR filter on Instagram to celebrate our partnership with UFC. Fans can “try on” the UFC fight kit using the filter, take a photo or video, and post it on their Instagram Story for the chance to win a USD 100 UFC Official Store Gift Code. Campaign details here.

UFC 265 Ticket Giveaway

Partner

To celebrate the historical partnership between Crypto.com and the UFC, we gave away 10 tickets to UFC 265. The bantamweight championship, which will take place in Houston on 7 August, is one of the most highly-anticipated UFC events of 2021. Campaign details here.

Singapore User Exclusive: Razer Giveaway Event

Chief Information Security Officer

We are excited to announce that we are giving away SGD 10,000 worth of Razer prizes to 15 winners as part of an exclusive event for our users in Singapore. Campaign details here.

Singapore User Exclusive: Get Up to 12% Back on Crypto.com Visa Card Spending

DeFi applications

To show our appreciation for their ongoing support, Crypto.com is offering 3 exciting promotions as part of an exclusive event for users in Singapore, which they can enjoy between now and 30 September 2021. More details here.

Singapore User Exclusive: PRISM+ Deposit & Trade Competition

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We gave away top-of-the-range PRISM+ Q Series Pro Android TVs to 3 winners as part of an exclusive Deposit & Trade Competition for our Singapore App users. Competition details here.

Mystery Box Drop Round 2! SHIB and DOGE Exclusive

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Given the overwhelming response we received from our 5th Anniversary Mystery Box Drop, we launched another series of boxes with more than USD $120,000 worth of Dogecoin (DOGE) and Shiba Token (SHIB) rewards and NFTs. Campaign details here.

MATIC Listed on The Syndicate

Partner

MATIC was listed on The Syndicate at 50% off, and the event was a success: 21.9X oversubscribed, 258.16K MATIC allocated, 22.5M CRO contributed by 1,214 users with 237.26% APY.

Margin Trading Race Is Back With a USD 50,000 Prize Pool

Chief Information Security Officer

Margin Trading Race is back in the Crypto.com Exchange with USD 50,000 of CRO in prizes. All eligible traders will receive a share of the prize pool and top traders can compete for the USD 5,000 Grand Prize. More detail here.

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