Crypto.com DeFi Wallet REVIEW [STORE-SEND-EARN-SWAP] - YouTube

Crypto.com launched a fully decentralized  open source block chain, the Crypto.org chain.

The users got access to the Crypto.com DeFi  wallet, where the Crypto investors feel

safer storing their Cryptos while earning  passive income from high interest rates.

Hello everyone, it's Petko Aleksandrov and welcome  to the channel. Today I will do a quick review of

the new Crypto.com DeFi wallet. Is it safe, how  it works, and the most important you need to know

before using it. First of all, when it comes to  Crypto, is the security. And it is a non-custodial

wallet, where you have full control of your Crypto  and private keys. You can manage over 100 coins

including Bitcoin, Ethereum, CRO, Litecoin,  and other ERC-20 tokens. Quite interesting

is that you have the chance to select the speed  of the transaction when you are sending Crypto.

Of course, the faster you choose, the bigger fee  you will pay. However, when we talk about fees,

you will be surprised how low they are. So let's  have a look at the app right away, what you see

on the top is my name. So when you set up your  wallet, you need to give it a name. Then I have

my balance which is 0. They launched it a few  days ago, so I didn't put any funds yet. Then I

have the option to send and receive. Obviously, I  don't have any funds to send but if I tap on

Receive, you will see that I have a few options.  For example, if I click on the CRO coin, I will

see my address, so I can send it easily. And if  you are sending CRO coins from your Crypto.com app

to the Crypto.com DeFi wallet, you will be paying  0.001 CRO as a fee, which is a super low fee.

And let's focus on the menu that we have below.  First, we have the wallet, where I am right now.

Then we have the swap feature, which is quite  interesting. This is where you can farm and swap

DeFi tokens right in your wallet, which I find  super useful. And third is the Earn option, which

is the thing that makes the Crypto.com DeFi wallet  super attractive. As you can see at the moment or

today's trades are super high for the CRO, which  is 61.63. And just yesterday, it was above 100%

but it's decreasing, actually the rates are  floating. This is why it says today's rate.

So by the time you are watching that video, the  rate will be different. And if I scroll down you

will see that the Earn option is possible for  quite many coins. Now let me go to the wallet

and I will tap on the settings icon and this  is where I can connect to my Crypto.com app. So

I didn't do it as I wanted to do it right while  I'm recording this video. And I should check by

connecting the apps, I understand the connection  will associate my Crypto.com identity with this

wallet. I will tap on that and I will confirm  that I'm the beneficial owner and so on. And I

will just tap on Connect Petko Aleksandrov.  Here, I will need to enter my

email address, so let me do that very quickly. And  I will send the connection email, so I will need

to confirm it very quickly within a few seconds.  And here is the email, so I just tap on Connect,

and I will need to enter my passcode for  the Crypto.com app. I tap on Continue

and authorize and launch DeFi wallet. Almost done.  Open DeFi wallet, bring me back on there, I will enter

the passcode and here we go 'Petko Aleksandrov  successfully connected to the Crypto.com

app'. Got it? And I am connected with  my app, so now I can easily transfer

coins from the Crypto.com app to my  wallet. Super simple, very friendly to use

wallet, nothing really complicated, sending,  receiving, swap, earn. That's it. So Crypto.com

has surprised us many times and I'm excited to  start using the DeFi wallet. Probably, I will

record more videos while using it, so make sure  to subscribe to our channel so you won't miss any

updates and useful tips about the platform. Thanks  for watching and I will see you in the next video.

Cheers.