CRYPTO.COM DEFI WALLET TUTORIAL! - START EARNING WILD PASSIVE INCOME FROM CRO!!!
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- Опубліковано 15 лип 2024
- What is up investors, Happy Saturday and welcome back to another CRO video. Given the Crypto Earn changes that we discussed last weekend, as well as the regulatory crackdown on all centralized exchange crypto earn programs, we have decided to shift our focus from staking on centralized exchanges to staking on DeFi. In this video we are going to show you how to set up the Crypto.com DeFi wallet, and easily connect it to the Crypto.com main app so you can start earning up to 12% on your CRO per annum! I hope you all enjoy :).
If you would like to support myself and the channel :)
CRO Wallet (Via Crypto.org chain): cro1ytgme0quw3ufmcvlegwn06a7vyqn4qfmgk6s0f
CRO Wallet (via Cronos Chain): 0xC1A8716a5EF61884e010BA53E3502bB661F35561
UNSTOPPABLE DOMAIN- Wallet for BTC, ETH, AVAX (C-CHAIN), MATIC, HBAR, & MORE: unstoppabledomains.com/d/ever...
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DISCLAIMER: I AM NOT A FINANCIAL ADVISOR, THIS IS NOT FINANCIAL ADVICE BUT SIMPLY MY OWN OPINION. PLEASE INVEST SAFELY AND DO NOT USE MONEY THAT YOU WILL NEED IN THE IMMEDIATE FUTURE.
ALSO PLEASE WATCH OUT FOR BOTS AND SCAMS IN THE COMMENT. STAY SAFE OUT THERE I LOVE AND APPRECIATE YOU ALL ❤️.
Timestamps:
0:00 -INTRO/ MY NEW UNSTOPPABLE DOMAIN
1:52 - CDC DEFI WALLET BREAKDOWN
4:39 - CRYPTO.COM VISA STAKING
6:31 -LINKING CDC MAIN APP TO DEFI WALLET
8:15 -HOW TO START EARNING
10:04 -HOW TO PICK A VALIDATOR
11:40 -OUR VALIDATOR/CONCLUSION (12.2% REWARDS)
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Twitter: / francrolini
Crypto Platform Referrals:
Crypto.com app: Use my referral link crypto.com/app/hs8dgfjwn5 to sign up for Crypto.com app and we both get $25 USD :)
For the Crypto.com Exchange- Use my referral link crypto.com/exch/hs8dgfjwn5 (If the referral code does not automatically paste, it is hs8dgfjwn5 )
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Thanks for the lesson Coach!! You got me going on the DeFi Wallet on your first DeFi video!! Much thanks for that!! Now I am enjoying the benefits of the Central and decentualize wallets!! Loving the CRO ecosystem!! Thanks !! Peace!!
Scott i’m happy to hear you are taking full advantage of the centralized and decentralized ecosystem!! Keep stacking and you will be rewarded someday brother, peace and blessings 👊
Staked my CRO in Defi wallet with Abyss finance validator (12.2 % , zero fees) similar to JERRYs as far as I can tell , staked my VVS in the 4 year VVS Vault , and staked TONIC on Tectonic platform , absolutely love the DEFI wallet !!!! great video thanks !!
Nice mate! Thanks for tuning in, enjoy the Saturday night 👊
I use Jerry's pool
I opted out from vvs and invested in mm finance and now about to upgrade my cro ruby card
@@mrlonghead what is Jerry pool ?
@@souiritv8355 it's a staking pool and it's the best available for staking cro in defi 👍
Glad to find such awesome wallet tutorial
Thanks mate! Glad you enjoyed :)
thanks for the crucial info, just got into the Defi wallet!
My pleasure Jamal!
This was great-thx for the tip on Jerry’s Pool
No prob Andrew! Happy it helped mate 👊 hope you enjoy the weekend!
Hi There! I have two questions...one being what Defi pool do you suggest for Matic and Shib in CDC? I think your suggestion of Jerry's Pool was fantastic and the best on the list for CRO. Second question is what are the chances of these Defi pools in CDC doing a rug pull or shut down their system and do our tokens go poof? Please keep these videos coming especially with the CDC updates as I am now a regular ad daily viewer of your channel! Thanks for all your hard effort in summarizing the vast CDC crypto news out there.
great info thank you
Thanks mate! Happy Saturday 👊
When you said no pay wall, subscribe straight away.
Appreciate it Matthew! #1 principle here on the channel!
Once again, great video and very valuable information!
Thanks Ricardo! Happy Saturday my man 👊
@@EverythingCrypto123 By the way, I sent you an email about a crypto project I’m in and I would love to share it with you. I think you are the perfect person because of your professionalism and and sincere desire to help others. All I’m asking is for you to hear me out. Please check your emails and let me know.
I'll give Jerry pool a try. Thanks 👍
Anytime Mark! Happy this helped :)
Thanks
My pleasure bro!
hi can you do an update on where your staking your cro now. theres not many videos of where people are staking at during this bear run
How do you buy the coins you import on your defi wallet like hex or Ltt lord token just would like a better understanding so i can maximize my coins
Nice, easy video to follow! Does anyone else use the CDC card CRO returns and invest them in the CDC DeFi Wallet?
Yessir!
Great video! Thanks for sharing your experience and knowledge, I've been watching your videos lately and have learned so much.
When are the staking rewards on the DeFi wallet earned? Are they paid out daily or weekly such as the cdc earn program? Thanks again
They are actually paid out by the second haha, you can keep refreshing and see your CRO stack
@@EverythingCrypto123 really? Wow that's a game changer.. had no idea. Thanks for answering 🙂
Aiming for 100k Cro whilst it’s under 0.10 gbp upgraded to the jade green card when cro was 32p but it’s okay, but with 100k cro I’ll get 1000 cro a month in earn defi wallet will be 10k gbp worth of cro for 100k cro but will be getting 1000 cro a month so £100 a month, but if it goes back to what it was which I believe it will, I’ll be getting 300-400-500 pound a month if cro goes to 30/40/50p again, buying 8000 cro a month at the moment, only got 13k at the moment 10.5k staked for the jade green card and 3k in DeFi earning 12% ( using Jerry’s pool ) but hoping to get to 100k cro asap and lock that away, reinvesting the earned every week :)
What happens if the validator you chosen below 7% then it goes above 7%?
I had a question so if I lock up the $4,000 how much would my credit limit be on the card
It is a debit Visa, so its pre-loaded with your cash. $35k spending limit per month!
@@EverythingCrypto123 ok
Hello and thanks for the well done defi video. I think Jerry's Pool seems to be a very good suggestion based on all of the criteria you selected. My only concern is why the 0% commission? Can that lead to any issues? I have been thinking to change my defi validator as the APR has dropped and the commission is up to 10% but i just want to be sure 0% commission does not have any major downsides. I have heard that on some protocols, 0% will make you ineligible for airdrops but I do not see how it would apply to how we use the defi wallet. What do you think?
In the case of the Crypto.com DeFi Wallet and Crypto.org chain staking, you want to find the lowest % commission possible. There may be downsides with other chains, but for Crypto.org specifically you want that 0% commission if possible!
@@EverythingCrypto123 Sounds good. Thanks for your advise.
Once you stake your CRO in the Difi Pool, how often are rewards given out? Daily, Weekly or Monthly?
Pretty much by the minute haha. If you check every few minutes you will see your balance gradually increasing from the DeFi rewards!
😇🧐🧐🧐
Y when u stake u cro on cdc app u stake u coin it say Leeann what it should be
Something I'm still confused about is, once in the Defi wallet, it'll still go up ⬆️ down ⬇️ as the prices change, right?
Do you prefer the defi wallet over the desktop wallet? Defi wallet would be easier.. I wish we could use Ledger with the defi wallet.
That would be nice for sure just to guarantee safety, maybe they will add integration with the Ledger in the future. I only stake what I need to do the VISA, besides that all CRO goes to Crypto.org chain staking for myself!
I just started but I don't see any vailators one one I could go with was veno fiance or vvs fiance I don't understand why I can't get the other vailators I see from people's vids is my account defective
Speaking of honesty, are you the 24 hour crypto guy?
Im unsure who that is mate 😂 safe to say its not me but now I am curious who this is haha
Do you lose your returns you made when you unstake?
I am confused about the Visa....do you buy the visa and then to defi wallet from the visa...a simple step by step without all the extra would be great
Can you keep adding to the same liquidity pool over time? Does that affect anything in terms of returns?
No you can keep adding to the same staking pool!
do you have to load the 4k green/purple card or can I use the $400 ruby red card?
Whatever makes more sense for you mate! Jade Green has more perks but the Ruby Red is awesome too IMO! All depends
Do you have to manually re-stake the rewards from the staking validator after 28 days or does it automatically. I am going to switch to Jerry's atm. Thank you for the useful information once again, mate!
Happy Sunday!
Hey Martin, you can switch right away! Go to your pool, click that icon on the top right with the dots, and click switch validator! Hope this helps my man 👊
@@EverythingCrypto123 Appreciate you!
Hello, untill this moment, With the profit of my CRO’s, I bought stablecoins. I kept these in the earn in the wallet, because the rates in the Defi aren’t that high.
In the future, would you recommend to transfer the profit to the DeFi wallet and keep it as CRO? More sensitive to fluctuations…
Cro is around 12,2 % in the DeFi wallet which is better than 8% usdt in the card wallet. The difference can hold up for some fluctuations.
Personally I prefer the volatility risk from CRO over stablecoins, because I am confident in it’s future! So pairing up that 12.2% with potential capital appreciation helped me make my choice to go with CRO. Thats just my opinion though
@@EverythingCrypto123 thanks!
@@-xoilox-stefan2604 thanks
I need some assistance! Without thinking, I transferred 0.4 ETH from the exchange to my DeFi wallet using the Cronos network. I need to move that amount of ETH back to the exchange, but I am having a hard time doing so. When I go to transfer the ETH back (possibly now as WETH), the transaction is pending and then nothing happens. I appreciate any help you could offer.
I will strongly advice you against self
trading, it's really dangerous and had
brought so many investors down, you need
some one with the knowledge and
strategies, someone dedicated to the
crypto currency market buisness, and I will
strongly recommend expert Mrs Jane Marie
Tell her I referred you 💬. 👆👆
I had originally staked 2500 or so with Jerry’s. I went back to stake more within that pool and my rewards went away….granted I only had 1.5 cro in rewards and was only staking 20 more cro in addition to my original amount. Essentially I was trying to add more as I am accruing cro each week. Can you add to the defi pool or did I lose it due to fees or what happened? Thanks. I really want it I continue to add cro to this pool as I earn rewards on the crypto visa and earn program.
I’m interested to know the answer to this.
The answer is the cro that you accumulate once you add to the stake goes into your wallet. The staking starts over at zero but it’s as if you claimed it onto your cro wallet.
When you continue to move CRO rewards over to defi does the balance moved over just merge with your existing staking pool under the same Validator?
You move it over to your DeFi wallet and then you manually re-stake!
If your going to use the same validator dont forget to claim your stake before you add more coins or else it will dump what you have earned so far
@@bigbossshligo1266 Your stake rewards are automatically claimed back to your wallet balance if you re-stake, it does not get dumped!
@@EverythingCrypto123 That's good to know. I taught it didn't. Love the vids btw and keep giving me opium for CRO 😂
@@bigbossshligo1266 haha thanks mate happy to hear you are enjoying 👊
I’m actually confused as the benefit doesn’t seem that much to me. Are you able to expound more on the benefit?
I was able to restake my earnings in the regular CRO app but that was after the 3 months lock up period.
You are looking at Crypto Earn in the main app, not the Crypto.com DeFi Wallet!
@@EverythingCrypto123 I’m looking into going into the Defi Wallet but can’t see the difference as both have the same APR. Could you explain further?
@@ramieljeffmejares75 check out the Crypto Earn rates for CRO, and compare those to the rates on the DeFi Wallet! The DeFi Wallet is much better APY for CRO! Hope this helps mate.
You can DCA CRO each day with cashback, rewards, rebates, etc. Over the past year I've been able to accumulate a lot of CRO which I then feed into my CDC app and CDC DeFi Wallet. Anyone else use this technique?
Yessir!
Do I need to have the visa card in order to stake in the defi wallet? I don't have enough Cro for the card I want but I'd like to stake it.
No you can start right away with the DeFi wallet!
@@EverythingCrypto123 thanks, I will.
But how can i download a CSV file from DEFI WALLET for my tax report? Or do i have to get all my claimed CROs manually from the transaction history ?
You can just keep track of how much CRO you staked and how much is in your total balance by EOY!
@@EverythingCrypto123 thank you, dude 🤜🤛🙂
What is the benefit of using the crypto defi vs just holding it in the app?
Crypto Earn on the main app gives you 6% APY on CRO, DeFi wallet offers 12%! So double the yield essentially
You won't get any percentage on the midnight blue, they changed it
I’m using 🎄Finland 12.2%. He’s top 5
Nice mate! Sounds similar to Jerry's Pool in terms of per annum rewards!
@@EverythingCrypto123 very similar 💪🏽
@@EverythingCrypto123 I appreciate all of the great info.
Me too
When filing taxes do we have to show transactions from defi?
Depends if staking rewards are taxable where you live!
@@EverythingCrypto123 I’m in Ontario, Canada. Do we have to?
No mention of the conversion fee of erc20 cro to native...
Thats because there is no reason to buy ERC20 CRO, only Crypto.org and Cronos CRO which have minimal fees.
Thanks for another informative video mate! 👌🏽 Quick question, does the 28 day unbonding period also counts for stable coins (USDC is what I am curious about) or does it apply only to CRO?
Not sure, I only use the DeFi wallet for CRO. But there are much better APY returns on USDC than what is offered on their DeFi Wallet mate! The Crypto Earn platform on their main app offers higher APY.
@@EverythingCrypto123Ahh I see! Thanks for the info mate! 👌🏽
@@EverythingCrypto123 are you still recommending Jerry’s Pool
How do you move CRO off of CDC when it is locked up in order to use Visa card?
You cannot move it when it is locked for the VISA!
Thank you very much for the reply!! If I could bother you with a follow up: to get $4k to the defi wallet and keep the Visa activated, you would need $8k??
Did you notice the defi ban in Europe?
Were gonna talk about it in tomorrow’s video!
@@EverythingCrypto123 OK, super, because I have a question about the crypto.com defi wallet. Is it true we can't use the crypto.com defi wallet any longer in Europe? Or is it possible to use anyway, since it is linked to the crypto.com app, which requires kyc? Maybe it would be useful to mention in your video tomorrow, as we also like to watch your Cronos videos from Europe 😉!!
Can you change validators?
You can change validators!
@@EverythingCrypto123 - When switching validators, is there a 28 day wait period attached to switching validators or do the 28 days apply only when withdrawing from earn..? Thanks..!
@@stargazer3364 Switching validators is instant! 28 days only applies when you want to fully unbond from the staking pool :)
Is the defi wallet allowed for US citizens?
I believe so! Should be available to all US citizens based on what I have gathered from my comments (except maybe NY).
I will strongly advice you against self
trading, it's really dangerous and had
brought so many investors down, you need
some one with the knowledge and
strategies, someone dedicated to the
crypto currency market buisness, and I will
strongly recommend expert Mrs Jane Marie
you skipped a step, once you transfer to defi your balance is not deposited immediately in order to stake
why earn here 12%, and Crypto app only 6%, can u show me pro &cons every apps
We are making a video today on Crypto Earn/DeFi Wallet. Stay tuned :)!
What u think about UbikCapital should I switch to Jerrys Pool?
This pool is very similar to Jerry’s pool! Seems good based on the metrics I use to find a validator :).
I stake with that ubikcapital pool. It’s only been a short time, but seems good so far.
@@brandonlesko8195 Unido's staking pool is also going on with up to 127% APY, and earning from two sources of passive income is better than one, or don't you think so?
@@francis9523 is it with holding cronos. When I see 100% plus apr for staking, Im immediately concerned of rug pulls. Doesn’t seem like a very sustainable option.
@@brandonlesko8195 Nada. It is UDO, not Cronos. And you are correct; I am also skeptical of such a high annual percentage yield. However, this one is only available for a six-week period.
Been using DeFi Wallet and everything was pretty instant in past. I sent about 6000 Cro from CDC app to DeFi and shows on my wallet within minute or two, but when I go to earn, the Cro amount doesn’t show there. Is there a waiting time before you can stake it in a pool? Had it moved about 6 hrs ago.
Sounds like you sent it via Cronos chain. You can use their bridging tool in the DeFi Wallet to convert your CRO from Cronos chain to Crypto.org to access it for staking!
@@EverythingCrypto123 thanks. That was it!!!!
@@brandonlesko8195 It's what I am here for brother! Happy staking :).
@@brandonlesko8195 how long did the bridging take? Here, it’s pending for an hour…
@@maartenlauwaert2248 for me less than a minute.
Scammer!!! More than a month I’ve moved HBAR in that
wallet !! Can’t move them out . Support is making fun out of me. Don’t use that crap.