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December 3, 2024 
13 min. 
Interested in earning extra money with cryptocurrency? Then the Crypto.com referral code is the best option for you. Being one of the biggest platforms with 100 million users worldwide, Crypto.com has an outstanding referral program that lets you start trading and earn welcome bonuses of up to $50.
Plus, this promo code lets existing users earn rewards for referring friends to the platform. This makes it a win-win for everyone! But where to obtain it? Well, we’ll walk you through exactly how the Crypto.com referral code works, how to use it, and what bonuses are offered.
What is the Crypto.com Referral Code?
The Crypto.com referral code is an ongoing promotional strategy that lets you get extra rewards when you join the platform for the first time. Right now, the Crypto.com sign-up bonus offers $50 as a reward for creating an account. This bonus comes in the form of Cronos (CRO) tokens, which are the platform’s native cryptocurrency and serve multiple purposes.
To top things off, Crypto.com offers benefits to the person who shares the code with others. Both the referrer and the new member can earn rewards, contributing to the growth of the community. This attracts new users to Crypto.com as well as incentivizes existing users to spread the word about the platform.
Understanding the Crypto.com Sign-Up Bonus
The $50 Crypto.com referral code requires you to complete a few steps once you sign up. When you sign up using the crypto referral code, the first thing you have to do is make a cryptocurrency trade of at least $100.
By completing this step, you can get an understanding of how to buy and sell cryptocurrency on Crypto.com. After completing the process, you’ll receive CRO tokens worth $10.
Next, you need to deposit $50 in fiat currency. As soon as you deposit, you will trade crypto for the same amount of $50. After successfully doing this task, you will be able to unlock $15 worth of CRO tokens.
The final and most important step is to stake CRO tokens to get a Crypto.com Visa Card with Ruby Steel tier or above. You will earn $25 worth of CRO after completing this task.
It’s a really engaging and interesting way to get the $50 bonus and shows how Crypto.com cares about learning new stuff from their users.
Step-by-Step Guide to Claiming Your Crypto.com Sign-Up Bonus
Now that you know how to get the $50 crypto.com referral code, let’s get started with the account creation process and move on to the nitty gritty.
1. Registering on Crypto.com
Signing up for a Crypto.com account takes a few seconds. The exchange offers both a website and a mobile app. For the website version, go to Crypto.com Exchange and click “Sign Up ”. But if you prefer the mobile app, you can download it from both the App Store and Google Play.
Now there are two methods for using the referral system. You can use a referral link or enter the Crypto.com referral code manually during registration. If you want to sign up with a referral link, tap on it and it’ll take you there. After that, you must input your email and create a password.
2. Completing Identity Verification
Once your account has been created, you’ll need to complete the Know Your Customer (KYC) verification process. This is a mandatory verification required by Crypto.com to ensure its users’ safety and comply with regulations.
The KYC process is pretty simple. All you have to do is enter your phone number, confirm it with a code you’ll receive, and upload your ID. Depending on where you live, these documents can be your passport, driving license, or any government-issued ID.
As soon as you fill out these details, Crypto.com will review your information and you will be notified about the status of your account.
3. Purchase and Trade CRO Tokens
Now the next step is to purchase some CRO tokens. You can purchase CRO on Crypto.com by searching for Cronos in the Trade section. And You can buy these tokens using any fiat currency like USD, EUR, or GBP or transfer existing cryptocurrency to your Crypto.com wallet. Crypto.com also accepts credit cards, bank transfers, and other payment methods depending on where you live.
Keep in mind that you have to deposit $50 or more to qualify for part of the Crypto.com referral code. So when funding your account, be sure to meet this threshold.
After that, you will need to make a trade worth at least $100 to get the bonus. Crypto.com offers a huge range of 388 cryptocurrencies to choose from, so you can start trading right away.
Simply select the cryptocurrency you wish to purchase from the “Trade” section of the app, and you’re good to go. Remember that you have to do $50 worth of fiat-to-crypto conversion to get an additional welcome bonus.
4. Staking CRO Tokens
Now that you have completed the above steps, the last step is to stake CRO tokens to get a Crypto.com Visa Card as described above. Upon completing this step, you’ll receive $25 in CRO tokens, bringing the total bonus to $50.
In order to qualify for the referral bonus, you must reserve the Ruby Steel Card that we have mentioned above. This would require staking CRO tokens worth $400. Staking CRO is a crucial part of the exchange, which helps the overall system. It also unlocks rewards like reduced fees and gives you discounts/cashback on Spotify and Netflix based on your card tier.
Terms & Conditions
Just like any promotion, the Crypto.com referral code is subject to certain terms and conditions. The rules make sure the referral program is fair and prevent people from abusing it.
- For Newbies Only
The referral bonus only applies to new accounts on Crypto.com. So if you’re already a member, you can’t utilize this crypto referral code.
- 30 Days Time Limit
You have to complete all the tasks within 30 days of signing up to unlock the bonus. This includes all the steps of trading, depositing fiat, and staking CRO within that period to qualify for the full $50 reward.
- Availability in Specific regions
You can only obtain the referral bonus if your region is part of Crypto.com’s referral program. Right now, in some regions like Turkey, Korea, and the United Kingdom, users can’t use the Crypto.com referral code.
Common Issues and Solutions
If you’re applying the Crypto.com referral code but running into problems, check out these solutions to common issues.
1. Invalid Referral Code
The crypto.com sign-up bonus code needs to be entered exactly as it is, no spaces or anything. So double-check check the code is entered correctly without any typos.
2. Incomplete KYC Verification
As mentioned above, completing the full KYC process is mandatory to verify the user’s identity. So make sure you submit the right documents and identification.
3. Staking Requirements Not Met
To get the Crypto.com referral bonus, staking CRO tokens is crucial. Plus, you get additional benefits as well. If you do not stake CRO tokens, you will not be eligible for the $50 bonus. So, meet the requirements as described above
Conclusion – Is the Crypto.com Referral Code Worth It?
The Crypto.com referral code is an absolute must if you’re just starting out. It makes engaging with the platform easier for newcomers because the $50 bonus allows you to gain a better understanding of the exchange which will benefit you in the long run. Additionally, the robust staking mechanism and the Visa card make it an excellent choice at the moment.
Plus existing users don’t get left out as you can invite friends and earn extra rewards by sharing your experience. So don’t miss out on this chance.
