In this video, I explain and demonstrate how to use the Crypto.com Defi Wallet. I also explain the fundamental differences between this wallet and the Crypto.com app.
From March 25th 2021, CRO will become a token on its own blockchain and no longer an ERC20 token. Following this change, users of this defi wallet will be able to earn 20% per annum on the CRO that they hold in the wallet. No lockup and no staking required.
I demonstrate how to use the simple app to store your crypto using my own account. Remember that fees are historically high at the moment, and moving CRO to the defi wallet before the 25th is likely to be more expensive than moving it after the main-net has been completed.
In the last part of the video, I explain how Crypto.com can sustainably offer a 20% rate on CRO. I also explain how other attractive interest rates for other cryptocurrencies are derived using other defi protocols such as Compound, Yearn and Cosmos.
Earn yourself $25 FREE by signing up to Crypto.com and staking CRO for a Crypto debit card. ( I’ll also get $25 free which helps support me to continue making more videos!):
Use our referral link to sign up and get a slightly better interest rate on all digital assets available on POKKET (We also get a small payment for you using the service!)
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Hi. I’m Peter Bryant – the Crypto Professor. No, unfortunately, I am not yet a ‘real’ professor (but my Master’s in Psychology is excellent for trading!). I do have ‘real world’ experience in helping investors with their crypto.
My experiences at an alternative investment firm convinced me that anyone can be profitable with crypto. This channel exists to teach you to profit & avoid the many pitfalls. Whether you’re a speculator, blockchain enthusiast or developer, I hope to provide frequent inspiration, critical analysis, & a healthy dose of critical thinking to the newest, hottest & most profitable asset class ever.
If you prefer the more popular coins such as Bitcoin (BTC), Ethereum (ETH) or Ripple (XRP), great! However, there are a lot of tokens that I am very excited about, such as Syscoin (SYS), Dragonchain (DRGN) or Crypto.com chain (CRO). Watch my weekly in-depth analysis into different crypto called ‘InCrypto InDepth’ for updates on the next likely crypto profit opportunity!