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Crypto.com Upgrades Card Program Amid Market Changes
The stated card program was issued by Foris Brazil in local currency, but has since been replaced by a new version issued by Foris Malta in US dollars, representing a completely revamped product offering. To mitigate the impact on existing customers, the staking rewards were cut by nearly 50%, and those transitioning to the new card automatically join the upgraded Level Up program, which improves cashback rates—for example, Jade's cashback increased from 2% to 3.5%. All clients are now on the most current and advanced Crypto.com program. This transition reflects market and conditions changes, and the company maintains respect for the factual concerns raised.
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AI Analysis
The transition of crypto card programs from local currency issuance by Foris Brazil to a new, dollar-based issuance through Foris Malta signifies a strategic move to modernize the product and potentia...
AI Recommendation
For current users of Crypto.com cards, it is advisable to review the new program terms, especially considering the staking and cashback changes. Transitioning to the upgraded Level Up program and unde...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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