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Is Crypto .com making too much money

Is Crypto .com making too much money

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by COINS NEWS 55 Views

Or do they just have infinite investment capital to play around with? The shear size of their marketing campaign is astonishing to the point where you have to question what kind of profit margin they are expecting on their services.

There was a post about a month ago here that details how they have launched one of the largest marketing campaigns in recent history. This of course only makes people more bullish on CRO and the platform. But how is it possible that they are able to compete with companies like Samsung, GM and Amazon so soon after becoming popular.

I'm not trying to say their products aren't good. Their prepaid Visa cards do offer good staking return in addition to the spending rewards. They offer a defi wallet and as of today seem to be insuring all users up to $250k for losses due to theft while implementing some of the most advanced security protocols I've seen on any exchange. They seem to be playing for the big crypto bank spot in the industry which is fair game. I just can't wrap my head around where the spending budget could be coming from and how anyone could justify it without foreseeing some insane profit margins on their customers.

submitted by /u/tymtt
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