75 % Return On Your Investment In The First Year — Here’s How You Achieve It With The Crypto.com Metal Visa Card
Crypto.com was originally founded under the Name Monaco in 2016 and was one of the first companies in the crypto-space to launch a crypto-visa-card. The Crypto.com Metal Visa Card is now the most used crypto visa card with a transaction volume of more than $1 billion in 2020. Crypto.com Metal Visa Cards consist of 5 card tiers. We will have a look at the second card tier the Ruby Red Crypto.com Metal Visa Card with 75% Return On Investment (ROI).
To receive the Ruby Red Crypto.com Metal Visa Card you have to stake $400 worth of $CRO for 180 days. The card will be processed directly after staking. If you want to keep the perks after the 180 staking period you have to keep the $CRO staked. If you are using a different currency, you can see how much you have to stake here.
With the Ruby Red you will receive 2 % cashback on nearly all purchases and a Spotify reimbursement of up to $12.99 per month. Both perks are granted to you in $CRO.
- Assuming you are spending $500 per month you will earn $10 per month in $CRO from cashback. This sums up to $120 yearly.
- The Spotify reimbursement is $156 worth of $CRO per year.
- In addition, you will get a signup bonus of $25 worth of $CRO when staking for the Ruby Red Crypto.com Metal Visa Card.
($500 * 2 % * 12 month + $12.99 * 12 month + 25 $) / $ 400
For the whole first year, you will get $301 worth of $CRO. This results in a 75 % return on your $400 $CRO stake for the Crypto.com Metal Visa Card. This calculation assumes that the cashback and reimbursed $CRO are sold immediately after receipt. Therefore the $CRO price does not need to be stable. Keep in mind that your initial investment can be worth more or less in fiat value. With the demand for $CRO rising $CROs potential to increase in price becomes more likely.
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🚨 Disclaimer:All information without guarantee - my content is not investment advice and should not be used as a basis for your investment decisions.I only share my opinion on current topics and price developments of various cryptocurrencies. I don't know the future either and therefore recommend that you take every statement with caution.Do your own research and get a comprehensive picture before investing in cryptocurrencies. Only use money that you can actually manage to lose and always be aware of the high risks of cryptocurrencies. A total loss is possible at any time.
