As Bitcoin continues to break new barriers to redefine its all-time highs, the flagship cryptocurrency has become one of the most sought-after tools among individuals and businesses. In the present scenario, Crypto.com offers a variety of options for users to invest in the digital gold and benefit from the potential riches that Bitcoin can bring them.
Crypto.com is one of the leading cryptocurrency platforms whose products include multi-currency wallets, exchange platforms, spot and margin trading, liquidity mining and more. Investing in Bitcoin through the Crypto.com app is a simple and flexible process that is specifically tailored to meet the needs of different types of investor preferences.
Here are some of the methods to get Bitcoin on Crypto.com this New Year
The quickest way to buy Bitcoin or any other cryptocurrency in the app is to go to the “Buy” section by tapping the Crypto.com logo. Users can choose Bitcoin from the extensive list of available cryptocurrencies. Enter the amount you want to buy and make payment. They can complete the purchase by either paying using their credit cards, altcoins stored in the Crypto.com wallet, or using the in-app fiat wallet with wire transfer.
Once the purchase is complete, the BTC amount purchased will be available in Crypto.com’s BTC wallet for use or hold until the asset’s price hits the moon.
If you want to gradually strengthen your BTC portfolio without spending a lot at once, you can opt for the “Recurring Purchase” option. It provides a convenient way to capture crypto assets the frequency you want without having to manually complete the transaction each time. The Recurring Purchase option automates weekly, bi-weekly or monthly BTC purchases for as little as $ 50 in the Crypto.com app.
In addition to making purchases conveniently, opting for recurring purchases helps users reduce the impact of volatility on the overall purchase of Bitcoin (or other cryptocurrencies) by dividing the total amount to be invested into recurring purchases.
With the Crypto Earn function on Crypto.com, users can use their Bitcoin on the platform for a certain period of time and thus generate returns. With flexible staking options for one month and three months, the deposited cryptocurrency accrues daily interest, which is paid into the user’s BTC wallet as profit every 7 days.
Depending on the cryptocurrency and length of use, users can potentially earn up to 12% interest per year on Crypto.com’s Crypto Earn feature.
Recently, Crypto.com added Bitcoin Rewards to its Supercharger program, which allows users to deposit Crypto.com’s native CRO tokens into the Supercharger pool for any duration within the period called the 30 day charge period. Once the billing cycle has expired, users will receive daily reward tokens in BTC, known as the reward cycle, for the next 30 days, depending on the liquidity provided in this phase. With the charging period now expired, those who took part in the Supercharger will now receive BTC rewards.
Earlier this year, Crypto.com organized a Syndicate BTC Special Event to mark the official exit of its exchange platform from public beta. As part of the program, those who used CRO tokens on the exchange were allocated BTC worth $ 2 million to purchase with a 50% discount. The amount of BTC made available at the reduced price was proportional to their CRO contribution.
This is not the end as Crypto.com continues to offer attractive opportunities to invest in various cryptocurrencies.