Crypto.com: Aug 2021 Updates – Miami Crypto Coin

August was a record-breaking month for Crypto.com Exchange, posting daily spot volumes, exceeding $1.5 billion, placing us at #5 globally. On the product side, we expanded global USD Bank Transfers to a total of 60+ countries on the Crypto.com App and Exchange. Crypto.com Tax is introduced to users in Australia after US and Canada, with enhanced features and new supported exchanges.

On the Chain front, the community reacted enthusiastically to a recent Cronos testnet upgrade, submitting 60+ project applications. We have 23 validators onboarded and Cronos testnet is now accessible on the DeFi Wallet for test transactions. Multiple integrations are also in the works including the oracle solutions of Chinklink and Band Protocol. Stay tuned for more updates as we are onboarding more projects on Cronos in preparation for Mainnet Launch.

Last but not least, Crypto.com became the first-ever innovation and technology partner of Lega Serie A. The multi-year partnership will ensure the brand presence in every broadcast. We also introduced the Crypto.com Overtake Award for F1, designed to celebrate and reward the driver who makes the most overtakes throughout the season.

Read on for details about these updates and more.

Highlights:

Crypto.com Exchange is now the top 5th exchange on spot volume

The daily spot volumes of Crypto.com Exchange has exceeded $1.5 billion in August, placing us at #5 globally. According to CoinGecko.

Cronos Testnet is Upgraded

A new testnet for Cronos was introduced. This upgrade includes the latest Cosmos SDK and IBC support, with consistent EVM behaviour and bug fixes. Major achievements include: 65 applications on CRO EVM Fund, 23 validators onboarded, 78k+ transactions, etc.

Global USD Bank Transfers Are Now Available in 60+ Countries

We’re pleased to announce the expansion of global USD Bank Transfers to 37 new jurisdictions in the Crypto.com App and Exchange, including Argentina, Mexico, U.A.E, Thailand, the Philippines, and India. Users in 60+ countries can now conveniently transfer USD from their bank accounts and receive the funds in USD Coin (USDC) at a 1:1 ratio. Both deposit and withdrawals are enabled! Learn more here.

Crypto.com Becomes the First Innovation & Technology Partner of Lega Serie A

The multi-year partnership with Lega Serie A establishes Crypto.com as the presenting partner of Virtual Assistant Referee (VAR) and Goal Line Technology, making the brand’s presence known in every broadcast. Lega Serie A’s VAR Center in Lissone will also be co-branded as the Crypto.com VAR Center. In addition, we will present the Lega Serie A Goal of the Month. Learn more about it here.

F1 Overtake Award

Deepening our Formula 1 partnership, we are bringing focus to the most exciting moments of every race. We could not be more proud to introduce the Crypto.com Overtake Award, designed to celebrate the bravery exhibited by drivers who make bold moves in pursuit of success. It rewards the driver who makes the most overtakes throughout the season.

Crypto.com NFT Updates:

Crypto.com NFT Drops in August

Here are the Crypto.com NFT drops from Aug:

“ESCAPISM” – morysetta
“The Vivid Dream” – Nathan Head
“MetaGod” – Ciprian Iacob
“Quarantine Dreams: Part II” – The Invisible Realm
“Game of Cryptothrones” – Ari Hersch
“VIRIDIAN REALMS” – Dizzy Viper
“Ancient Relics From The Future” – Enchanted Future
“Gaia’s Origin” – thebandanaboi
“Pr0v3rbs” – raidzer0
“Metaphysics”, Lukas Hahn
“Fantasy Village & Kingdom” – vivek chaurasia
“The Few That Remain” – Rbnks
“Drunk Collection” – tWOJ_sTARY_997
“Liquid Movement” – Christian Whiticar
“Hopes & Dreams” – Davansh Atry
“YEAR ZERO” – Koanye – Koan Visions
“Weird Stuff” – Vladyslav Lavrenov
“Thoughts from Pandemic Times” – Santa Gross
“The Solivagant” – jjcworks
“DRESSX COSMIC – Inspired by SPACEX” – DRESSX
“OFF.MG9C.OFA” – ONEFALLART
“Other Worlds” – Marco Zagara

Don’t miss out and check out the latest drops on Crypto.com/NFT.

Crypto.com Capital Updates:
Crypto.com Capital Invested in Alethea AI

We are proud to participate in Alethea AI’s private token sale and support the company on its journey to creating intelligent and interactive NFTs. More details here.

Crypto.com Capital Invested in Krystal

We are proud to participate in Krystal’s seed round, pushing the multi-chain DeFi management platform to greater heights. More details here.

Crypto.com Capital Invested in FRAX

We are excited to announce that Crypto.com Capital has become an important strategic investor to FRAX. In addition to funding, our team will support FRAX’s leadership, leveraging years of experience building and scaling successful crypto startups. More details here.

Crypto.com Chain Updates:

Crypto.org Chain Dev Update 16

This Dev Update included updates about the launch of Cronos testnet, Crypto.org EVM chain, Cronos’ collaboration with Tharsis, and the latest release of Crypto.org Chain Desktop Wallet. More details can be found here.

Cronos to Integrate Band Protocol for Scalable and Customisable Decentralised Oracles

We are thrilled to announce that Cronos is currently integrating Band Protocol’s oracle solution to provide reliable external data for DeFi and all applications on Cronos. The upcoming integration will give Cronos developers native access to a high-performance decentralised oracle network that provides usability, security, and unmatched accessibility for them to create custom decentralised oracles to any external data needs. Learn more here.

Crypto.com Pay Updates:
BEPRO Network’s Grant for Crypto.com Pay Integration

We are collaborating with the BEPRO Network to integrate Crypto.com Pay into bepro-js. This consists of creating a bepro.js method and class to allow anyone using BEPRO’s framework to easily add payment solutions to their applications using Crypto.com Pay. More details here.

Crypto.com App Updates:

Crypto.com x Lega Serie A Tickets & Jersey Giveaway

To celebrate the partnership with Lega Serie A, we are giving away 10 Lega Serie A VIP tickets and 10 Official Lega Serie A Club Jerseys to new and existing Crypto.com App users, where the winners can attend the game and receive the jersey of their choice. Campaign detail here.

UFC 266 Ticket Giveaway – Exclusive to users in the U.S.

We are giving away 3 pairs of tickets to UFC 266 and USD 2,000 worth of UFC Store Gift Cards to 10 lucky draw winners. Simply trade CRO in the Crypto.com App for the chance to watch Volkanovski vs. Ortega at the T-Mobile Arena in Paradise, Nevada on 26 September. Campaign detail here.

0% Credit and Debit Card Fee for New Zealand Users

We are pleased to announce that starting today, new Crypto.com App users in New Zealand can enjoy 0% credit/debit card fees for crypto purchases made in the first 30 days. Learn more here.

Frax Share Exclusive Campaign

Following the listing of Frax Share (FXS) in the Crypto.com App, we are excited to announce the FXS Exclusive Campaign! App users and FXS traders have the chance to win a share of the FXS prize pool worth USD 50,000. Learn more here.

Crypto.com App Lists 14 Tokens

EFI, QUICK, CQT, ALICE, FARM, PLA, RAY, ORN, FXS, YGG, DERC, IOTX, TRIBE and REQ have joined the growing list of 100+ cryptocurrencies and stablecoins that are available in the App. Buy crypto at true cost now.

New Deposit and Withdrawal Tokens

YGG, HNT, FXS, ORN, QNT (ERC20), EPS (BEP20), MATIC (Polygon network), and USDC (Polygon network) deposits and withdrawals are now supported in the App.

New ETH Trading Pairs

The BOSON/ETH, HNT/ETH, EFI/ETH, IQ/ETH, SLP/ETH and AXS/ETH trading pairs are now available.

GAS, ONG, and STRAX Added to Crypto Earn

We have added GAS, ONG, and STRAX to Crypto Earn. Users can now enjoy up to 3% p.a. interest on their deposits. Crypto.com Private users are entitled to bonus interest of up to 5% p.a. Learn more here.

Crypto Credit Now Supports BCH and UNI

Users can now deposit BCH and UNI as collateral, and instantly secure a loan with a 50% loan-to-value (LTV) ratio. Crypto Credit allows users to monetise their crypto assets without the need to sell them. There are no required credit checks or repayment deadlines. More details about Crypto Credit here.

New Features on the Track Coin Page

Track Coin has launched darkmode/lightmode and interactive features. The top 10 tokens including BTC, ETH, ADA are also available on the Track Coin page. Check it out in the Crypto.com App (available on iOS and Android version 3.107).

Trade to Earn Your Favourite Axie Campaign

We are giving away 4 Axies worth up to USD 12,000 of ETH in a special lucky draw. Simply trade at least USD 100 of AXS or SLP every week during the Campaign Period for the chance to win an Axie of your choice. More detail here.

Pendle Exclusive Campaign

We are giving away USD 50,000 of PENDLE to mark its listing in the Crypto.com App. Simply buy or sell PENDLE in the App to join the PENDLE Exclusive Campaign, where the Rank 1 participant will win USD 3,000 of PENDLE. More detail here.

Crypto.com DeFi Updates:

Crypto.com DeFi Wallet Adds 29 New Coins

SFI, FXS, YGG, GALA, REVV, UOS, NFTX, DERC, ACH, PLA, CLV, DNXC, BONE, SAITAMA, SWAPP, STARL, RFOX, DG, CHAIN, XED, CWS, OOE, GAME, UFO, IQN, GSWAP, SUPER, WHALE, and GET have joined the growing list of 200+ DeFi tokens that are available in the DeFi Wallet App. Deposit now.

Crypto.com DeFi Wallet Now Supports NEAR Protocol

Crypto.com DeFi Wallet has added NEAR Protocol (NEAR) to its growing list of 200+ DeFi tokens, including ATOM, AAVE, DOT, YFI, ETH, BTC, and CRO (requires DeFi Wallet V1.15.0 or above). With the DeFi Wallet, users can easily send, store, and manage their coins while retaining full control of their private keys and crypto assets. Learn more here.

Crypto.com DeFi Wallet Now Supports Cronos Testnet

Crypto.com DeFi Wallet has added Cronos Testnet, users can now connect Cronos Testnet in the Crypto.com DeFi Wallet App to get testnet coins and perform Cronos test transactions.

Crypto.com Exchange Updates:

Crypto.com Derivatives Exchange Introduces Account Leverage Adjustment

We are excited to announce that the Account Leverage Adjustment feature is now available in the Crypto.com Derivatives Exchange. This feature enables users to modify and apply maximum leverage to their Perpetual Contracts and Futures positions at an account level. More details here.

Crypto.com Exchange Lending Adds New Loan Currencies

Crypto.com Exchange users can now secure SOL, ENJ, CRV, FIL, COMP, and BAL loans by borrowing against their crypto and access a loan-to-value (LTV) ratio of up to 50%.

Crypto.com Exchange Extends Fiat Deposits and Withdrawals for Institutions

We have extended fiat deposits and withdrawals for institutional accounts via our Circle partnership, which was announced in June. This partnership enables institutional users in 60+ countries to seamlessly transfer funds from the traditional financial world to the crypto world. Institutional users can transfer USD from their bank accounts and receive USD Coin (USDC) at a 1:1 ratio in the Crypto.com Exchange. More details here.

Become a Crypto.com Exchange Global VIP and Enjoy Exclusive Rewards

The Crypto.com Exchange Global VIP Programme rewards high-volume traders with exclusive benefits and privileges, so they can unlock even more value from our platform. Learn more about what you can enjoy here.

New Perpetual Contracts Are Now Available in the Crypto.com Exchange

The FLOWUSD, ATOMUSD, BCHUSD, XLMUSD, LUNAUSD, EGLDUSD, 1INCHUSD, YFIUSD, EFIUSD, HOTUSD, AUDIOUSD, PLAUSD, and EOSUSD Perpetual Contracts are now available in the Crypto.com Exchange. Traders can use USDT, USDC, and DAI as collateral, access leverage of up to 100x, and enjoy discounted trading fees based on the amount of CRO they stake in the Exchange. Learn more here.

New Leveraged Pairs Added to Margin Trading on the Crypto.com Exchange

Margin Trading now supports new leveraged pairs, namely BCH/USDT, SUSHI/USDT, THETA/USDT, XLM/USDT, ATOM/USDT, AMP/USDT, SOL/USDT, FIL/USDT, SAND/USDT, IQ/USDT, AAVE/USDT, and EOS/USDT. Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements, and access up to 3x leverage for supported trading pairs. More details here.

New Listings on the Exchange

We listed EFI, HNT, PLA, CGT, YGG, FARM, QUICK, MASK, DERC, ALICE, and RUNE on the Exchange. Trade them now.

New BTC Trading Pairs

The EFI/BTC, SOL/BTC and AVAX/BTC trading pairs are now available. Trade them now.

New USDC Trading Pairs

The POLY/USDC, QNT/USDC, UNI/USDC, AAVE/USDC, LPT/USDC, GHST/USDC, MLN/USDC, FXS/USDC, DAI/USDC, LINK/USDC, FARM/USDC and SOL/USDC trading pairs are now available. Trade them now.

Crypto.com Tax Updates:
Crypto.com Expands Free Crypto Tax Reporting Service to Australia

Following the launch of Crypto.com Tax for Canada and the U.S., we’re excited to share that this service is now available to users in Australia. Learn more here.

Enhanced UI Features for Crypto.com Tax

We are pleased to introduce enhanced UI features that make it even easier to file crypto taxes at no cost. Users can view and filter the list of wallet synchronisation error issues. They can also quickly make edits on multiple transactions with the new Multi-select Edits feature. Learn more here.

More Supported Exchanges for Crypto.com Tax

Crypto.com Tax has added CoinJar and CoinSpot to its list of supported exchanges. We now provide native support for 21 wallets, exchanges, and blockchains. Users in the U.S., Canada, and Australia can import transaction data with API, CSV upload, and more. Visit tax.crypto.com to get started.

Community Updates:
AMA With Pendle

We hosted a live AMA with TN Lee, CEO of Pendle, on 19 August to discuss and answer viewers’ questions about the project. Missed it? Watch it here.

Crypto.com Attends FinCrime Virtual Week

Our CCO Antonio Alvarez spoke at FinCrime Virtual Week to discuss cryptocurrency investigation. Event details here.

Crypto.com Attends DeFi Conference

Our COO Eric Anziani spoke at DeFi Conference 2021 to discuss institutional approaches to DeFi, as well as the growing opportunities and challenges for institutional investment. Missed it? Watch it here.

Crypto.com Supports Ethereum London’s Upgrade

Crypto.com supported Ethereum London’s upgrade on 5 August. Learn more about it here.

Crypto.com Supports Tezos’ Granada Upgrade

Crypto.com supported Tezos’s Granada upgrade on 6 August. More details here.

Crypto.com Is Accredited and Featured on 3 Protocols’ Official Websites

In August, Crypto.com was accredited and featured on the official websites of 3 protocols, namely Stellar, Pendle and Covalent.

10 Tokens’ RSS News Feed Successfully Integrated With Crypto.com Price

In August, Crypto.com Price Pages successfully integrated the news feeds of 10 tokens, enabling users to gain first-hand updates from these projects. These tokens include Zilliqa, Efinity, Enjin, USDC, Mask Network, AMP, Pendle, Siacoin, Qtum, and Origin Protocol.

Events of the Month:

Crypto.com Perpetuals Trading Competition

The top 500 perpetual traders ranked by transaction volume between 12 August and 30 August 2021 will win USD 20,000 in CRO. The top 20 traders will also receive a 90-day UFC Fight Pass, and an authentic, personalised UFC VENUM Fight Night walkout hoodie. Campaign details here.

Crypto.com AR Lens Filter Campaign

We created an official Crypto.com AR lens on Snapchat. To celebrate the release, we’re giving away USD 100 of CRO to fans who used the lens and shared the best posts on Twitter. Campaign details here.

Exchange Summer Championship

We gave away USD 25,000 worth of CRO and 21 exclusive Aston Martin Cognizant Formula One™ branded gifts to both new and existing Spot traders. Campaign details here.

NFT CryptoPoker Collection

We are excited to present “CryptoPoker Collection #1”, featuring Crypto.com Diamonds. To celebrate our inaugural CryptoPoker Collection, we are giving away USD 100,000+ of CRO and exclusive NFTs to users who collect different “CryptoPoker” NFTs as part of our first-ever Crypto Hodl’em online contest. More details here.

Efinity Exclusive Campaign

Following the listing of Efinity (EFI) in the Crypto.com App, we were excited to announce the EFI Exclusive Campaign. App users and EFI traders had the chance to win a share of the EFI prize pool worth USD 50,000. More details here.

BOSON Listed on Supercharger