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Crypto.com actually tops up 98.5 cents per stablecoin dollar, which is a bit frustrating, but other than that slippage, yes it converts to USD on the (prepaid d
by oarabbus_ 5y ago
Crypto.com actually tops up 98.5 cents per stablecoin dollar, which is a bit frustrating, but other than that slippage, yes it converts to USD on the (prepaid debit) card.
- PKop 5y agoYou keep mentioning things that I'm not seeing or experiencing. I literally just topped up my card yesterday. 1000 USDC from my cypto wallet to the card, which now has $1000 of USD spending power. 1 to 1. Maybe this is a jurisdictional difference if you're not in the US or something, not sure.
- oarabbus_ 5y agoI just checked and USDC is indeed available now for card top-up. How long have you been using the card? USDC top up wasn't available quite recently for USA users. I verified I wasn't imagining and checked to find several reddit threads from US-based users wondering why you cannot use USDC to top up. Here's a fairly one: https://www.reddit.com/r/Crypto_com/comments/oll7n4/is_the_option_to_use_usdc_to_topup_your_cryptocom/ https://www.reddit.com/r/Crypto_com/comments/oll7n4/is_the_o... The ability to top up with USDC was only recently added. That being said, I tested it and 1USDC does indeed convert to 1USD. But go ahead and try to top up with DAI - you'll see at this moment in time, 100.98 DAI is required to top up $100 USD. As mentioned previously DAI was the only dollar stablecoin available to USA users, so it was a bit of a raw deal.