I recently started using Crypto.Com's Visa debit card.
It all looks good when I can earn the rebate of 1% from my expenditure, paid in CRO. It is a neat way to stack up CRO for spending in daily stuffs. Who knows how much CRO will go up to when there is mass adoption!
It's all good, until I check the expenses involved for topping up the card.
Does not look pretty.
Even as I choose a 'free' on-ramp method, i.e. through another VISA debit card, which Crypto.Com says will be free; I had been slapped with a currency conversion fee from the source debit card's bank.
It's about 2-3 percent, it seems.
So I am getting a net loss! :(
My only hope is for the CRO collected to 100X! :)
Nevertheless, earning crypto for expenditure is still a nice proposition overall.
I need to find cheaper ways to go on-ramp. It must be possible.
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