In September, Crypto.com was busy building our ambitious DeFi roadmap: DeFi Swap is now live and offers 15 tokens for users to swap and farm, including UNI, YFI, WBTC, LINK – with CRO DeFi Yield, users can boost their yield by up to 20x; the Crypto.com DeFi Wallet has been upgraded to support 78 assets including some of the most popular DeFi tokens, stablecoins, major crypto, alongside more ERC-20 tokens, and integrated Chainlink’s Price Reference Data to provide decentralized price feeds; Supercharger was launched on the Exchange for mining the most popular DeFi projects, starting with UniSwap on 30 September! Last but not least on DeFi, we have also partnered with Boston Consulting Group to release a new report “The Sudden Rise of DeFi”. Some more good news – the instant cashback rate for cards will be increased to 8% for Obsidian and 5% for Frosted Rose Gold and Icy White; did you know our App and Exchange are now available in French, Spanish, Italian, and Korean? For all the updates released in September, read on!
Highlights:
DeFi Swap Goes Live on Ethereum Mainnet
DeFi Swap is now live on the Ethereum Mainnet! You can swap & farm DeFi tokens, provide liquidity to earn Triple Yield, and stake CRO to get up to 20x higher yield! More details here.
15 ERC-20 Tokens Added on DeFi Swap
Do you want to swap CRO, ETH, DAI, LINK, COMP, YFI, WBTC, FARM, UNI, SWRV, UMA, REN, WETH, USDC, USDT, be a Liquidity Provider to earn fees, and boost your yield by up to 20x when staking CRO on these tokens? Start swapping, farming and staking now!
37 New Tokens Available on the Crypto.com DeFi Wallet
37 new tokens have been added to the DeFi Wallet! We now support 78 assets in total, including some of the most popular DeFi tokens, stablecoins, BTC, LTC, ETH, XRP, XLM, alongside many more ERC-20 tokens. Get the Crypto.com DeFi Wallet now.
Supercharger Launched on Exchange
We’ve launched Supercharger on the Exchange: a simple, flexible and secure liquidity mining platform for the most popular DeFi projects! Withdraw at any time, and there are no gas fees. The first project to launch is Uniswap (UNI) with a $500,000 USD allocation. Sign up here.
Crypto.com Successfully Integrates Chainlink to Power Ambitious DeFi Roadmap for CRO
We’ve integrated Chainlink’s Price Reference Data into the Crypto.com DeFi Wallet on Mainnet to provide decentralized price feeds for DeFi tokens! We’ll also launch the decentralized price reference data feeds for CRO/ETH and CRO/USD on the Chainlink Network soon. Read about it here.
Localization of App and Exchange
Bonjour, ¡Hola!, Ciao and 여보세요 – Crypto.com App and Crypto.com Exchange are now available in French, Spanish, Italian, and Korean! More languages coming soon!
New Cashback Rates for Crypto.com Card
Did you know: the instant cashback from the Crypto.com Card will be increased to 8% for Obsidian and 5% for Frosted Rose Gold and Icy White starting from 1 October, 2020. Cardholders will get their cashback instantly in their Crypto.com App for all purchases! More details here.
Crypto.com and Boston Consulting Group (BCG) Release New Report on Decentralized Finance
As analysts question how disruptive it will be to traditional finance, Crypto.com and Boston Consulting Group (BCG) have released a joint research report weighing the implications DeFi will have on centralised finance. Download the full report here.
Crypto.com App Updates:
New Listings on Recurring Buy
Joining BTC, ETH and CRO, you can now automate your Chainlink (LINK), Band Protocol (BAND), VeChain (VET), Cardano (ADA), and Ripple (XRP) purchases with Recurring Buy too! Build your positions on App now!
AUD Fiat Withdrawal Now Available
Following the recent launch of the AUD Fiat Wallet transfer in, AUD Fiat Withdrawal is now available too! Customers can directly withdraw funds from Crypto.com App AUD Wallet back to their personal bank accounts via NPP (PayID) Network. Crypto.com doesn’t charge fees to deposit or withdraw AUD. Learn more here.
New Settlement Currencies Available on App
Avoid FX fees from your bank and view App balances in Saudi Riyal (SAR), United Arab Emirates Dirham (AED), Hungarian Forint (HUF), or Czech Koruna (CZK) now on Crypto.com App, in addition to 20 major currencies! Set up your local currency now.
New Listings on App
We’ve listed Curve (CRV), Storj (STORJ), Elrond eGold (EGLD), Ocean Protocol (OCEAN), Bluzelle (BLZ), Uniswap (UNI), DIA, The Sandbox (SAND), and Yearn Finance (YFI) on the Crypto.com App, in addition to a growing list of 70+ cryptocurrencies and stablecoins! Buy now on App.
Deposits & Withdrawals Enabled for New Listings
The withdrawals and deposits of Qtum (QTUM), Loopring (LRC), Curve (CRV), and Storj (STORJ) are now enabled on App.
Decentraland (MANA) Now on Crypto Earn
Earn up to 3% p.a. on your MANA with interest paid in MANA! Private users can earn up to 5% p.a. In addition, deposits and withdrawals of MANA are enabled on the Crypto.com App. More details here.
DIA Exclusive Campaign
We’ve launched an exclusive campaign for users who trade DIA on the Crypto.com App, with a total prize pool of USD20,000 in DIA Tokens. 14 days left! Learn how to participate here.
Crypto.com Card Updates:
Release of Surplus CRO from Card Staking Accounts
Following the MCO to CRO Swap, some Crypto.com Card holders had CRO staked above the required amount for their tier. Surplus CRO has been released from card staking accounts. Complete details here.
MCO Visa Card Europe Update
Payrnet Limited will be the new issuer of the UK & EU card program, replacing Wirecard. The switchover will be completed by 17 Nov 2020. Cards will remain fully operational during the switchover and no action is required.
Crypto.com Pay Updates:
New Pay Gift Cards in Norway, Egypt, the USA & India
You can now enjoy up to 5% back on gift cards in Norway, including CDON, Foot Locker, Zalando, and Mango; up to 10% back in Egypt, including Oscar, Metro, Sharaf DG and Virgin Megastore Egypt; up to 10% back in India, including Levi’s, Godrej Nature’s Basket, Unlimited and Woohoo; or up to a whopping 20% back in the USA, including DoorDash, Amazon US, Home Depot, Starbucks US, Best Buy, CVS, Google Play, iTunes and Olive Garden! Check out the gift card selections here.
Crypto.com Exchange Updates:
New Listings on Exchange
We’ve listed Celer Network (CELR), QTUM (QTUM), UniSwap (UNI), Maker (MKR), and Yearn Finance (YFI)! Trade them in USDT and CRO pairs now.
New Tokens on Soft Staking
We’ve recently added OMG Network (OMG) and Maker (MKR) on Soft Staking. Earn up to 2% p.a. on idle funds in 26 assets on Crypto.com Exchange today!
Stop-Limit & Stop-Loss Orders Now Available
New order types are now available on the Exchange! You can set up Stop-Limit Order, Stop-Loss Order, Take-Profit Market Order, or Take-Profit Limit Order today! More details here.
NEO MainNet Upgrade Supported
We supported the NEO MainNet Upgrade on 20 September, 2020.
Hummingbot Partnership to Offer High Frequency Trading and Liquidity Mining
We partnered with Hummingbot, an open source, institutional-grade crypto market making bot, to integrate its trading capabilities and bring liquidity mining to the exchange. More details here.
Community Updates:
AMA with Dominic Tsang, Head of Business Development at Solana
We hosted a live AMA with Dominic Tsang, Head of Business Development at Solana on 7 September to answer questions about the project. Missed it? Watch the recap here.
AMA with Pavel Bains, CEO of Bluzelle Networks
We hosted a live AMA with Pavel Bains, CEO of Bluzelle Networks on 16 September to answer questions about the project. Missed it? Watch the recap here.
AMA with Jeffrey Hu, Research Director of IRISnet
We hosted a live AMA with Jeffrey Hu, Research Director of IRISnet on 17 September to answer questions about the project. Missed it? Watch the recap here.
AMA with Kevin Wang, Co-Founder of The Nervos Network
We hosted a live AMA with Kevin Wang, Co-Founder of The Nervos Network on 22 September to answer questions about the project. Missed it? Watch the recap here.
AMA with Jay Zhou, Co-Founder & COO of Loopring
We hosted a live AMA with Jay Zhou, Co-Founder & COO of Loopring on 24 September to answer questions about the project. Missed it? Watch the recap here.
AMA with Patrick Dai, Founder of Qtum
We hosted a live AMA with Patrick Dai, Founder of Qtum on 29 September to answer questions about the project.
AMA with Xan Ditkoff, Growth & Production Partner at Blockstack
We will be hosting a live AMA with Xan Ditkoff, Growth & Production Partner at Blockstack on 1 October to answer questions about the project. Subscribe to our YouTube channel to watch it live!
Nobuyuki Nagahama Appointed as General Manager of Japan
We are thrilled to welcome Nobuyuki Nagahama as Crypto.com’s General Manager of Japan. With over two decades of strategic experience in the Japanese payments industry, Nagahama will help us expand further into this important market. Know more about Nagahama here.
Events of the Month:
Bitcoin (BTC) Listed on the Syndicate
BTC was listed on The Syndicate at 50% off on the Crypto.com Exchange. The event was a success: 15.3X oversubscribed, 194.8 BTC allocated, 103.1M CRO contributed by 5,502 users.
OMG Network (OMG) Listed on the Syndicate
OMG was listed on The Syndicate at 50% off on the Crypto.com Exchange. The event was a success: 57.8X oversubscribed, 97.4K OMG allocated, 80.4M CRO contributed by 5,502 users.
Maker (MKR) Listed on the Syndicate
MKR was listed on The Syndicate at 50% off on the Crypto.com Exchange. The event was a success: 46.8X oversubscribed, 1.1K MKR allocated, 78.8M CRO contributed by 4,803 users.
Nervos (CKB) Exclusive Campaign
We launched an exclusive campaign for users who trade CKB on the Crypto.com App, with a total prize pool of USD20,000 in CKB Tokens. More details here.
Bluzelle (BLZ) Exclusive Campaign
We launched an exclusive campaign for users who trade BLZ on the Crypto.com App, with a total prize pool of USD20,000 in BLZ Tokens. More details here.
The Sandbox (SAND) Exclusive Campaign
We launched an exclusive campaign for users who trade SAND on the Crypto.com App, with a total prize pool of USD33,000 in SAND Tokens. More details here.
BTC Syndicate Special Giveaway Winners Announced
In case you missed it, we’ve already announced the full list of the 100 lucky winners of The Syndicate BTC Special Giveaway here!
Winners Take All Competition Leaderboard
We hosted the Winners Take All Competition with a USD $200,000 prize pool this month! Check out the latest leaderboard here.
News and Reviews:
Articles
- Altcoin Buzz
Crypto.com Announces Instant Cashback up to 8%
- AMB Crypto
Hong Kong-based Crypto.com hires former Visa exec as GM of Japan
- Blockonomi
Crypto.com Pay Expands Support to All ERC-20 Wallets
- Bloomberg
Crypto.com Eclipses Tesla With Bitcoin Sweepstakes, Discounts
- CoinDesk
Crypto.com Follows Binance With Launch of Liquid Swap DeFi Product
Chainlink to Start Supplying Data for Crypto.com’s DeFi Wallet
- CoinTelegraph
Crypto.com latest to bank on DeFi hype with Uniswap-based exchange
Crypto.com views Chainlink integration as a gateway to DeFi
Regulatory risks grow for DeFi as a ‘money laundering haven
Earning with DeFi yield farming: Rocket science or child’s play?
- Crypto Briefing
Crypto.Com Has Launched a DeFi Exchange Based on Uniswap
Crypto.com to Leverage Chainlink Oracle Price Feeds for DeFi Product
- Cryptocomes
Crypto.com (CRO) Exchange Went Down, CEO Explains What Happened
- CryptoNews.com
Crypto.com Aims for Its First Profitable Year Despite Asian Setback
- Crowdfund Insider
Crypto.com Launches French Version of App & Exchange
Crypto.com Collaborates With Boston Consulting Group to Release Decentralized Finance Report
- iHODL
Crypto.com Releases the Spanish version of its Mobile App and Exchange
- Yahoo Finance
- CoinTelegraph(ES)
Reviews
- Entreprise Times
Crypto.com and BCG Platinion’s report on DeFi
- Securities.io
Investing in Crypto.com (CRO) – A Comprehensive Guide
