You Can Now Pay With Cryptocurrency Using Metal Visa Cards | Crypto.com

by birtanpublished on September 23, 2020

What's up crypto gang welcome back to another episode if you guys are new here we do a giveaway at the beginning of every single episode and today's winner is Bitcoin info thanks so much for commenting on the previous video with your Bitcoin wallet address Bitcoin info

Also a great username and just sent you some crypto on this episode I go through a very special new product that has been released in the US by crypto comm and it is the visa card from crypto comm one of the most exciting things that I think

About when I think crypto calm is I think store of value the URL is fantastic not only because it just says crypto calm and it's easy to remember and the masses remember things like crypto calm and short URLs it is also

Important to know that wallets are how everything started that is how the network began that is how the network effect and Metcalfe's law basically takes place similar to fax machines where if there's two people using two

Different wallets it is an actual more valuable network than it was with one person with one wallet so wallets are a key milestone for the network as a whole and a backbone to the entire beginning of the cryptocurrency movement so crypto

Comm allows you to buy and sell crypto currency on their mobile application which is a wallet and now they have taken it one step further and allowed you to use a debit card that you can add more cryptocurrency to and get rebates

Back from purchases in real time on the application when you use the card in different stores so in other words anywhere where visa is accepted you can literally spend your cryptocurrency via the application on your phone using this

Car reached out to the crypto comm a team and wanted to join their patron program that I was really excited about because they allow me to lock up some of their tokens on my application on my mobile device and allows me to stake

Their token which as you guys have seen from the channel I'm pretty obsessed with proof stake as well as masternodes and different types of staking so it was very cool that I got to connect with them and become a member of their paid

Program with that said being a member of their patron program I'm gonna be sharing more about the crypto comm wallet as well as the card itself because that physical form factor is going to make a big difference in

Adoption so I'm gonna be doing this probably every month or so just sharing information news and updates because it's such an exciting project and getting it into the hands of US investors is such a big milestone that

They just crossed this past month so in this episode I want to go over the earning crypto on crypto comm have up to eight percent in simple interest that you can earn by taking tokens on the platform so in a nutshell you can be

Paid up to 8% of your staking MCO tokens and you can be paid weekly and that's paid out in Bitcoin so if you're staking their tokens on the application which currently I'm staking 500 of them on the mobile wallet you're allowed to get this

Simple interest payment I want to do is I want to dive into their website to give you guys a quick overview of not only their overview video but also some of these figures that they're throwing around with the staking piece on the

Crypto earn side of things I also have a demo video that I kind of wanted to briefly go over but let's dive right into the overview of the crypto comm website as you can see the MC o Visa card is now available in the US which is

A massive deal and you can buy sell and pay with crypto wallet is where they have all the different assets including BnB token that's coming out this month I believe for the wallet which is very exciting one of the best performing

Tokens of this year and 2019 and then the different cards so they are all metal which is nice substantial card that stands out very similar like a chase sapphire type of card metal visa card with up to 5% back on all spending

So the different types of cards give a different percentage back so the crypto earn portion of their wallet is where you can earn eight percent on your crypto assets and they accept Bitcoin packs the theory um and a

Bunch of other different ones that are on the wallet so effectively you are earning just for holding at your crypto assets on there there are some platforms that have been trying to do this similar to like Celsius type application but

This is doing it in a very different way they actually have their own chain they are prefix take so you're staking MCO tokens on there and you're able to receive different types of rewards and earning rates based on if you're staking

Or not so it's an it's an incentive to allow people to participate in the network and allow people to stake their MCO tokens on the wallet and they give this simple interest back to people that are staking

Their tokens and coins that are on the wallet application itself like Bitcoin and etherium next up we have crypto credit so you can deposit crypto and actually lend against it or get a loan against it this is my background from

Peer-to-peer lending the previous company that I started in this is where you lock in collateral and you actually allow them to give you an instant loan against that collateral so you pay on your own time no late these deadlines

Deposit your bitcoin is collateral and receive these different stable coins in exchange for its t USD as well as packs in a credit line and this is a very brilliant way of allowing you to lend against your your Bitcoin and your other

Asset I'm going to cover this more in the future is this is a really fascinating concept then of course they have pay with crypto so pay and be paid in crypto anywhere for free they're working with merchants effectively just

Like coin basis and you can see on the example here crypto calm pay you can click that button and you can pay from the application you can scan the QR code with your mobile device on your laptop and you can pay directly on to you know

Any merchant that's accepting cryptocurrency and especially it's accepting this crypto com pay button which i think is a brilliant way of integrating with different and of course you can always trade you

Can build your crypto portfolio with automated Quan trading I love this graph where it shows it's going behind it and I really enjoy the fact that they have a bunch of different assets available on here the last piece I wanted to go back

To crypto earning because I'm so bullish on earning crypto instead of buying it just like in 2017 where everybody was fumbling over themselves to get into it and phone going into it so crypto earning is a big big mega trend movement

And you can earn up to 8% of simple interest paid weekly in your crypto BTC deposit interest paid in BTC right here and you can compare the the staking and nonce taking benefits so if you're staking the MCO which is their token you

Can get 8% over three months 6% over one month and flexible 1% if you're not staking you get 6% over three months four percent one month and two percent so the vast majority of people are going to be staking this token on there so you

Can get better benefits and finally the tokens that are on crypto urns so when you're staking you can earn all these different tokens Bitcoin of course aetherium like coin x RP the crypto comm tokens which is MC o true USD which is

Stable coin pack so standard which is stable coin and USD point which is another stable point so those last three you're able to literally earn one for one in US dollars which is very exciting to see that as well as aetherium like

Pointed Bitcoin and let's check out the video for the demonstration of how the crypto pay works we have just launched the crypto come shop that enables you to buy very cool crypto Vaclav merchandise we have the choice of the tea the portal

And the hoodie let's go with the tea okay let me get the right size quantity one is good for now and it's add to cup my card is correct let's proceed to checkout okay let me enter my shipping address

Good and continue to payment okay let me review the order shipping address is correct the tea price okay it's time to hit crypto comp a QR code is generated let me go on the app now and click on the pay button here we go let me scan

The QR code that was fast $20 from the cryptogram shop in cro 1573 okay let's proceed okay confirm me enter my code all right this is confirmed the phone this is also confirmed on the website

The page is refreshing this is my order ID and my order is completed that is it for my first video of crypto comm I'm really excited to use this card because not only am I going to be able to use this at gas stations for groceries for

Spotify for Netflix it's a very exciting concept of holding coins on your mobile device and having it update in real time as you use the card and if you look at this as a prepaid debit card you can effectively add coins to your mobile

Wallet and be spending them if you choose to on the card at pretty much any location that accepts Visa I chose the jade green card when I use this card with something like Spotify or Netflix I get 100% paid back to me whether that's

In tokens or Bitcoin regardless is a fantastic deal and it's exciting to see this transpire into the form factor where people can use this anywhere including making online shopping very easy and earning rewards that's it for

This video hope you guys liked it if you did sleep with like all the links to the crypto comm information will be in the description below so don't forget to slap a like if you guys are new here subscribe and I will see you on the next

Episode crypto

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