Tag Archives: crypto.com

Binance v Nexo v Crypto.com v Coinbase: survival of the… ?

Binance, Nexo, Crypto.com and Coinbase have been operating in the same space and competing for the same customers for a few years now.

They’re different flavours of the same soup. Like different versions of the same IPA from different Breweries.

On paper, all four provide staking/earning products, all four offer a debit card, all four are more or less user-friendly and all four require KYC. But having used all four for a while, I’ve come to believe they’ve got very little in common.

Let’s start with Coinbase. It is the most user-friendly (imo) and the go-to place for crypto if you’re just getting started BUT there’s a long list of BUTs.

BUT. Coinbase says you can earn interests on a few cryptocurrencies through the website (not talking about the wallet) but I’ve tried with Tezos and it didn’t really work so I ended up sending it to my Binance. BUT. It also has a debit card but the fees for using it abroad, as in outside the country where you’re KYCed, are obscene.

Binance is the complete package because it does a bit of everything. You can earn higher interests for some coins on Nexo but Binance does staking, it has its own debit card, and it combines traditional exchange features with proper DeFi products. It also has relatively low fees when compared to other three.

The way I see it, Crypto.com spent way too much money on marketing and found themselves in a bit of a pickle. They offer a sign-up bonus, same as Coinbase and Nexo, but you can’t actually use it unless you stake $350-400 worth of CRONOS, which is not exactly pocket change. On top of that, they’ve notoriously slashed cashback rewards, which means that they’re base-level card is now just another card.

Nexo is probably my favourite. Their token is a lot more stable than CRONOS, and unlike other equivalent platforms they give you higher interest rates on your crypto if you allocate 10% of your portfolio to their token. And allocating a percentage point rather than a fixed mount makes more sense, especially for people who don’t have hundreds of dollars to throw around.

They can coexist, and they can all keep thriving after this bear market phase is over. But when it comes to business decisions, mistakes outweight smart moves. In other words, there’s no point coming up with one brilliant idea if you make ten mistakes right after.

Crypto.com certainly made more mistakes than the other three. Binance only made one mistake (Terra Luna) but it was damn near lethal. Coinbase and Nexo seem to be treading more carefully.

So who’s gonna win?

I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF

Use this link to get a discount on Undone Watches

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Use these links to get free crypto on your deposit Coinbase, Crypto.com, Nexo or Binance

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Somebody just bought one of my NFTs for $5 and is now selling it for $290,000!

A couple of weeks ago I came up with an idea for an NFT collection dubbed ‘Birds of Belgrade‘ – because I like birds and I live in Belgrade. I used the crypto.com/NFT platform because it is, in my opinion, the easiest to use for beginners and one of the least expensive for buyers, I’ve set up a low floor price and sold a few so far. And then this morning, somebody bought one of my cheapest NFTs for $5 and immediately listed it for sale with a price of $290,000.

The idea behind the collection is simple, I take pictures of birds in the city of Belgrade, edit the pictures and use them to mint NFTs, I’m going to create 99 in total (so far I’ve minted 16) and hopefully, should things go well, I’ll create maybe a Part II, but that’s an idea for later.

As some of you probably know, the creator gets a 10% royalty for each resale and so I obviously hope the new owner sells it again, but I’m still curious as to why they bought it in the first place. Maybe they liked it, or maybe they thought there might be some potential in there and decided to have a go considering the low price.

I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF

Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit Coinbase, Crypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

Here’s why this year’s Super Bowl is such a big deal for crypto companies

This year’s Super Bowl will likely go down in history as the ‘crypto bowl’, given the amount of dollars that crypto companies have invested in the event. It’s a world’s first, and we don’t know how it’ll play out. A wide array of crypto companies are on board, including top flight players like Coinbase, FTX Bitbuy and Crypto.com.

The Super Bowl is arguably one of the most important sports events of the year – every year – partly because of the huge marketing machine that keeps its wheel in motion, and also because Americans are famously (some would say ‘notoriously’) extremely talented at turning everything and anything into a spectacle. No one does hype and no one harnesses the ‘wow’ factors like Americans do.

This is part of what makes the Super Bowl so relevant and intriguing even to people who normally couldn’t give a toss about the sport that’s being played on any other day. Kinda like the Fifa World Cup, the Winter Olympics and the Six Nations Rugby Union Championship. These events sort of supersede the impact of the sport by also providing value to people who are into something else.

Advertisers have always provided the fuel to keep this 30-billion-dollar engine running. Automakers have historically spent a small fortune trying to outbid one another to secure a coveted 30-second spot during the halftime show and this year, it is estimated that companies will spend as much as $6.5 mln for a 30-second ad.

And it isn’t the usual, boring, B-roll-focused ad either: they usually throw everything but the kitchen sink at it, hiring celebs to star in their commercials and screenwriters to write the script. I remember Kevin Hart’s hilarious Hyundai ad, Will Ferrell wanting to ‘declare war’ on Norway to beat the most EV-friendly country at the electric car game [with General Motors] and even some cringey ones like the ad starring Bruce Springsteen and Jeep.

I believe we’re seeing a sliding doors scenario here because the car industry is in trouble. Automakers aren’t spending as much on marketing these days because they have other priorities and because profitability has become a Chimera. In the meantime, crypto giants are now investing huge sums of cash in marketing.

I don’t know what to expect but as somebody who’s equally passionate about cars and crypto, I’m gonna stay up until 0:30 AM CET time to watch the Cincinnati Bengals take on the Los Angeles Rams in the Super Bowl LVI. Not because I care who wins, but because I want to see how car makers and crypto brands play their cards in the halftime show.

I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF

Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit Coinbase, Crypto.com or Binance

Use this link to get free diamonds use my CoinmarketCap code

What is an NFT? Here’s what I think

An NFT is essentially just an immutable line of code, it can’t be deleted and it can’t altered. It is registered on a blockchain, a permanent public ledger that anybody can observe but nobody can corrupt. So far, we’ve attached jpeg images to these NFTs and used them as digital art, but you can attach anything to it. Let’s say you wanna buy a Rolex and you wanna make sure it’s legit, you can create an NFT and use it to authenticate it (because nobody would be able to fake it or change it).

As for the examples we’ve seen so far, I guess it’s all about the hype and whatever works for buyers. Kinda like Richard Mille watches. Many want them, many think they’re fugly. The most popular NFTs are these images you shared, the ‘Bored Ape’ project and others are based on futuristic 3D images. That’s about personal taste and hype. So far, NFTs have only been used as ‘veblen’ goods. Conspicuous consumption for the sake of it. Like “hey I’m so wealthy I can buy a digital JPEG for a mill.”

Having said that. We should also remember that buyers often fall under one of two categories: celebrities and influencers that buy them to show off and early crypto adopters who buy them because they bought ethereum back when one ETH was maybe 1 dollar or 10 dollars. So now they’re millionaires.

Shameless plug (sorry): I’m creating a collection of NFTs called ‘Birds of Belgrade’. Why the name? Because I like birds, especially ducks, and because I live in Belgrade. Somebody already mocked me for the low floor price ($4) but I’m a nobody, so I guess 4 dollars is a good price. I expect to create 4-5 NFTs a week on Crypto.com/NFT until the collection is complete. Go check it out if you want, leave a like, it helps immensely. Cheers.

I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF

Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit Coinbase or Binance

Use this link to get free diamonds use my CoinmarketCap code

Crypto.com metal card, is it worth it?

Crypto.com has a huge marketing budget, you may have noticed because their ads are absolutely ubiquitous, and with the upcoming Super Bowl commercial, I expect the CRO price to go up, and that’s the reason why I’m considering upgrading from my ‘poor man’ (it’s okay if I say it about myself, I guess) plastic card (1% cryptoback) to the metal card with 2% cryptoback. In order to do that, I would need to top up my account to the tune of $350 (in CRO) and stake the amount for 180 days.

Six months. That’s a long time, but I believe that the market is always going up so short of a catastrophic unknown unkownable, CRO will still be worth at least as much, if not more, in 6 months. Plus staking rewards.

So far, I’ve had a good experience with the Crypto.com card. I basically top it up with another debit card (FIAT to FIAT) and then use it for everything. We’ll see. I guess I’ll study the benefits and the benefit-risk ratio a bit more and then make a decision.

What about you? Do you use the Crypto.com card? Let me know

I’ve crossposted this article on readcash, LeoFinance and Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free.

Bitcoinea is unsponsored and independent. If you like the content please subscribe to the WordPress website, follow on Instagram it helps a bunch. Also, if you want to support the website with Crypto, any donation in Eth (or any other Ethereum-based token), Btc, Nano, Xmr, is highly appreciated (see address below) Thank you.

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Doge: DD7use8x8Zw37XumJcwQxfkiqYR4eo5pjF

Use this link to get a discount on Undone Watches

Use this link to get a discount on your first Glovo order

Use this link to get up to $250 in crypto on your first deposit on BlockFi

Use these links to get free crypto on your deposit Coinbase or Binance

Use this link to get free diamonds use my CoinmarketCap code

Crypto.com teams up with Angel City Football Club in Los Angeles

The other day I wrote an article about my experience with crypto.com and some comments were a bit harsh, it seems a lot of people find the platform very easy to use, which I don’t, but hey, to each their own. Having said that, I find crypto.com fascinating mainy because their marketing strategy intrigues me. Their marketing strategy: spending as much as they can on as many things as they can. Kidding.

But all jokes aside, after the $700mln deal for the Crypto.com Arena (formerly known as Staples Center), the company has now teamed up with Angel City Football Club, which is the female football team of Los Angeles. They say they want to encourage “financial education, independence and financial empowerment” for women. It’s an interesting that they call it a ‘football’ team because Americans famously call football soccer. But that’s a different conversation altogether.

Julie Uhrman, co-founder of Angel City Football Club, said that Crypto.com will help “educate our community and players on crypto and allow our players to use the power of NFTs to connect with and create a deeper relationship with their fans.”

I feel like these exchanges, platforms and wallets are competing to become the Google and Amazon of web 3.0. What is your favourite? Let me know in the comments below.

I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC using my Coinbase code

Have you been using Crypto.com?

Crypto.com is ubiquitous. Their advertising budget must be enormous, partly because Crypto.com ads pop up about a thousand times a day and also because they’ve spent a lot of cash to place their name on posters and billboards everywhere, especially during sports events. And then of course there’s the DTLA’s Crypto.com Arena – formerly known as Staples Center – $700mln deal.

My personal opinion is the Crypto.com app is nowhere near as user-friendly and intuitive as Coinbase or even Binance. And some of the features should be improved. Every 24 hours or so, for example, you can log in and claim a diamond (they call it ‘Missions’), once you get to 25 diamonds you can open a box, which is supposed to contain a random amount of CRO (coin). I did, but the 0.7 CRO the box was supposed to contain were never credited.

They offer a sign-up bonus but in order to unlock it, you need to order a debit card, I ordered it and received it within days, and you also need to stake $350 worth of CRO. That’s too much.

As for their coin, CRO, it did really well following the Crypto.com Arena deal announcement but then it almost fell back to its pre-deal value, currently at $0.5022.

They’re clearly in it for the long run, and I guess their platform will get better with time. And I guess the CRO coin does have potential to go up. But at the moment I’m not exactly enthused.

I want to state that this is just my personal opinion based on my own experience with the app and nothing else. I’m in no way endorsing this or any other app, nor am I advising anyone to use it or not to use it. 

I’ve crossposted this article on Publish0x, a social media platform that pays you small amounts to create and/or read content. You need to sign up but it’s 100% free

Eth: 0xF8D5df20ed7B80624B02F21661DD0Fd57bf27F0D

Xmr: 8BZ1CtEoQsu1AekeSRmum5Y9o15RGjnbGbY34EertEYxYtXLsTwsH4bHQQrDf1Azz2du9h6NucR5aTxtMHpKRH38QhCkDu6

Btc: bc1q40wwu2qshpwkpurtyyrhs5t3kq0szrfjlyzmku

Nano: nano_3931o9kgduoqpt6wi6148dbooj8458wzi6djqkiocyqkkfyus71agxbtzg13

Get a discount on Undone Watches

Get a discount on your first Glovo order

Get free crypto when you make your first deposit on BlockFi

Get free BTC using my Coinbase code