10-15-2022, 12:48 PM
Is Crypto.Com even heading into a hole it can't dig itself from?
<!-- SC_OFF --><div class="md"><p>I keeep most of my assets in a cold storage wallet but for buying and quick transfers I've maintainted an account on CDC. (Thank you Matt Damon for remindming me that fortune favors the brave) . In all seriousness though It's just a lt's just been easier for me to make purchases on CDC and then transfer over to my cold storage but lately I'm wondering if that's even worth it any more. </p> <p>This last year though things have been going downhill . First it was the staking rewards. They dropped almost by half across the board. I didn't stake through them but I checked in every so often. It's not even worth anyones time to stake on CBC any more unless it's Polygon but I suspect even that's going to get slashed soon. </p> <p>Then it was the payment cards. Again nothing that I've ever applied for but from reading other users experience it sound like they aren't even worth it any more as the rewards have steadly declined.</p> <p>Now it's transfer fees out of CBC which I've noticed have skyrocketed in the last few weeks. Now this is an area that does effect me as I do a lot of purchasing and transfering out. These fees are killing me and I think I'm done now. I'll be looking for cheaper options. </p> <p>Nice options. Too expensive.</p> <p>What do you think? I'm genuinly interested.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SmallReflection2552"> /u/SmallReflection2552 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y3yoh3/is_cryptocom_even_heading_into_a_hole_it_cant_dig/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y3yoh3/is_cryptocom_even_heading_into_a_hole_it_cant_dig/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I keeep most of my assets in a cold storage wallet but for buying and quick transfers I've maintainted an account on CDC. (Thank you Matt Damon for remindming me that fortune favors the brave) . In all seriousness though It's just a lt's just been easier for me to make purchases on CDC and then transfer over to my cold storage but lately I'm wondering if that's even worth it any more. </p> <p>This last year though things have been going downhill . First it was the staking rewards. They dropped almost by half across the board. I didn't stake through them but I checked in every so often. It's not even worth anyones time to stake on CBC any more unless it's Polygon but I suspect even that's going to get slashed soon. </p> <p>Then it was the payment cards. Again nothing that I've ever applied for but from reading other users experience it sound like they aren't even worth it any more as the rewards have steadly declined.</p> <p>Now it's transfer fees out of CBC which I've noticed have skyrocketed in the last few weeks. Now this is an area that does effect me as I do a lot of purchasing and transfering out. These fees are killing me and I think I'm done now. I'll be looking for cheaper options. </p> <p>Nice options. Too expensive.</p> <p>What do you think? I'm genuinly interested.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SmallReflection2552"> /u/SmallReflection2552 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y3yoh3/is_cryptocom_even_heading_into_a_hole_it_cant_dig/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y3yoh3/is_cryptocom_even_heading_into_a_hole_it_cant_dig/">[comments]</a></span>