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In today’s video, I’m going to be sharing with you some massive crypto.com updates and how you can trade updown options directly on the crypto.com app. I’ll also be sharing with you how you can get $25 absolutely free in CRO token.
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00:00 New Crypto.com Updown trading options is now available
00:46 What is crypto.com and the CRO token. (SPONSORED CONTENT)
01:39 Introducing Crypto.com’s Updown options
02:40 Trading Crypto with the new Updown options
02:13 Explainer video
05:38 What’s next with Crypto.com
07:30 The team, partners & products
08:23 Get $25 for Free in CRO
09:23 Join the class & VIP group
✅ CRYPTO.COM (SPONSORED CONTENT)
THE WORLD’S FASTEST GROWING CRYPTO APP
➥ Join 50m+ users buying and selling 250+ cryptocurrencies at true cost
➥ Spend with the Crypto.com Visa Card and get up to 5% back
➥ Grow your portfolio by receiving rewards up to 14.5% on your crypto assets
Trade with confidence on the world’s fastest and most secure crypto exchange.
The Crypto.com Visa Card is a prepaid card. Broadly speaking, prepaid cards are the same as debit cards. The difference is that debit cards are linked to your bank account, but prepaid cards need to be topped up. In our case, you can top up using bank account transfers, other credit/debit cards, or cryptocurrency.
📝 What are UpDown Options in crypto? Learn more about what they are, the benefits and drawbacks of trading them, and when best to use them.
– Options are mainly used for hedging and trading price movements. Although most types of options are complex, UpDown Options’ capped ceiling and floor can help traders mitigate some risks.
– UpDown Option positions automatically close if the underlying asset price touches a predetermined ceiling or floor price.
– The potential benefits of trading UpDown Options include built-in protection via clearly stated floor and ceiling prices, automatically taking profit and potentially limiting losses, gaining full price exposure to an asset at a fraction of its price, and facilitating hedging for specific needs.
– However, UpDown Options can potentially limit one’s profits as well. Additionally, for traders who want to keep their position open for a longer time, there is the risk of positions being closed out early in volatile markets.
➡️ Get $25 in FREE CRO by signing up with Crypto.com: https://crypto.com/app/joeparys
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Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
Affiliate Disclaimer: These descriptions usually contain affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you. I never endorse products that I have not personally used myself or not found to be beneficial in my life.
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