How do I receive Pay Rewards from sending payments to my friends?

When you send CRO to your friends, you are entitled to receive either of the following percentage as Pay Rewards, up to USD $5 equivalent every month:

10% of the CRO amount-
If you hold an active Crypto Earn term with CRO or 10,000 CRO at time of transfer
OR
5% of the CRO amount 

What is the minimum transfer amount?

There is no minimum transfer amount. However, please note that Pay Rewards (measured in CRO) will only be granted if its fiat equivalent is greater than USD $0.01

How do you come up with my contact list on the Crypto.com App?

After you've granted us permission to access your phone’s contact list, we'll check the phone numbers with our records to determine whether a phone number is registered by a Crypto.com user. 

In cases where the contact’s phone number does not have a country code, we'll use your registered phone number’s country code and add it to your contact’s phone number.

What happens when I send a payment to a contact who is not a Crypto.com App user?

You will have a pending payment to your contact, and the payment is only completed when he or she successfully registers a Crypto.com account within seven days. 

Crypto.com will send a SMS text message to your contact to notify him or her about this payment. If requirements are met, you may also receive a referral bonus.

Do the pending payments expire?

Yes, pending payments must be accepted within seven days. Expired payments will be given back to the sender. A SMS text message will be sent to the intended recipient whenever a payment has expired.

Can I cancel pending payments?

Yes, you can

  1. Select the pending payment transaction in the crypto wallet
  2. Tap "Cancel Payment"
  3. Confirm the cancellation
  4. A SMS text message will be sent to the intended recipient whenever a payment has been cancelled.
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