Crypto.com App Referral Code: sgreferralpromo (Receive SG$100 + US$50 worth of CRO)

The World’s Fastest Growing Crypto App

Referral benefits:

  • Receive $25 USD worth of sign-up bonus after you sign up with Crypto.com App via the referral link or code: sgreferralpromo, and stake CRO for a metal Crypto.com Visa Card.
  • See ‘BG25 Referral Program’ details.

The Crypto.com Exchange is NOT the web based version of Crypto.com App. It is an entirely different platform that requires a separate sign up and has it’s own set of referral benefits.

Recommended read: Crypto.com App & Crypto.com Exchange. Should you sign up for both?

Table of Contents

About the BG25 Referral Program

How to sign-up with a referral?

  1. Click on the referral link and submit your email.
  2. Download Crypto.com App on App Store or Google Play
  3. Sign up with the submitted email

Option B: Add Referral Code via App Sign-Up Screen

  1. Download Crypto.com App on App Store or Google Play
  2. Tap on “Invited? Add Referral Code” above “Sign Up” button
  3. Add the referral code: sgreferralpromo

Receiving the CRO referral benefits.

After you sign up and pass the KYC verification, you will receive the sign-up bonus ($25 USD of CRO locked in your CRO Wallet).

The bonus can be unlocked by purchasing and staking SGD$500 worth of CRO for a metal Crypto.com Visa Card. Put simply, you need to invest SGD$500 worth of CRO to receive the referral benefit.

About Crypto.com

As of 21 June 2021, the Crypto.com Exchange is ranked #20 on CoinMarketCap.com

Is it regulated in Singapore?

On 22 Jun 2022, Crypto.com announced that it has received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License.

Once granted, this license will enable Crypto.com to offer a range of payment services within the Payment Services Act, including Digital Payment Token (DPT) services to customers in Singapore.

What is the Crypto.com Visa Card?

The Crypto.com Visa Card is a prepaid card. Broadly speaking, prepaid cards are the same as debit cards. The difference is that debit cards are linked to your bank account, but prepaid cards need to be topped up. For Crypto.com Visa Card, you can top up using bank account transfers, other credit/debit cards, or crypto-currency.

All card rewards are paid in CRO and deposited into your Crypto Wallet in the Crypto.com App.

Staking CRO to get a Crypto.com Visa Card

To put simply, you need to “stake” (i.e buy and hold) a certain amount of CRO for at least 180 days to get a Crypto.com Visa Card and receive the referral benefits.

Learn more about staking CRO here.

View the different available cards here.

Crypto.com Visa Card tiers and benefits (as on 25/6/2022)
Crypto.com Visa Card tiers and benefits (as on 25/6/2022)
After 180 days, you’re allowed to sell your CRO stake, while still keeping your Crypto.com Visa Card (you lose some card-specific perks if you do, however).

Sharing my Crypto.com App experience

Signing up

Signing up was a relatively easy process. The KYC process involved having to scan my NRIC and the app would guide you to take a selfie.

Tip: I had problem getting the app to recognise my NRIC placed on a white table and it only worked when I placed the NRIC on a dark background.

I signed up around midnight on a weekend and the app said verification would take 1-2 days but it actually completed within minutes.

Verification of address

After the sign up was completed, I logged into the app and had to verify my address. For this, you have to upload a utility bill, bank statement or government correspondence.

As mentioned, I did this around midnight on a weekend and the result of this process was not available immediately.

0% Credit/Debit Card Fees for the First 30 Days!

New users can trade with credit/debit cards with no fees for 30 days. This is very convenient but beware that some banks charge an advance fee for paying to crypto related businesses.

To avoid such a scenario, what I did was to purchase using my Wise account debit card.

FAST network support for SGD Fiat Wallets

From 19 Apr 2022, Crypto.com App users in Singapore can enjoy zero-fee deposits and withdrawals using FAST (Fast and Secure Transactions). With a simple setup process, FAST gives users a quick and secure way to fund their account for crypto purchases.

In addition, users can enjoy a higher deposit and withdrawal limit of SGD 200,000 per transaction. Crypto.com does not charge any fees. However, fees may be applied by users’ bank and/or their intermediary banks, and any such fees shall be borne by users entirely.

See setup instructions in official announcement by Crypto.com.

What is FAST?

FAST (Fast and Secure Transactions) is a real-time interbank funds transfer service that enables customers of the participating banks to transfer Singapore Dollar funds from one bank to another in Singapore securely and almost instantly. "

Learn more on crypto investing in Singapore

For more crypto-related insights and promotions from a Singapore perspective, visit SgCryptoInvestor.com.

Below are some Crypto.com App related content you might find useful:

Cryptocurrency is a high-risk investment. The value of cryptocurrency can fluctuate significantly and you may lose the capital you invest. Before investing, educate yourself about cryptocurrencies and to familiarise yourself with the risks involved.
Auntiehuat
Auntiehuat
Web Administrator

Disclaimer: while we do our best to maintain up to date information on the available referral promotions, their terms and conditions do change frequently. We do not guarantee that the information published on this website is accurate.