Crypto.com was launched in 2016 in Hong Kong. It’s since grown to offer trading for more than 250 cryptocurrencies to more than 10 million customers across 90 countries.
A user can visit
Crypto.com to buy, sell, and trade a wide variety of assets. But it’s the company’s additional features that help it stand out from the competition.
Crypto.com also has an NFT marketplace, crypto staking, and even a standalone crypto wallet.
When you put it all together, you get a single cryptocurrency exchange platform that can handle pretty much anything you may be interested in doing on Web 3.0.
Is it safe to buy on
It’s absolutely safe to buy on
Crypto.com. The website is one of the most trusted in the industry and safely processes hundreds of millions of dollars in trades every 24 hours.
Crypto.com is also tied to some of the biggest brand names in the world through its sponsorship deals. These connections have helped it add an extra layer of credibility to the existing trust that it’s built up.
Crypto.com has sponsorship deals with:
- Formula 1
- Paris Saint-Germain
- Philadelphia 76ers
- Montreal Canadiens
- And more
The most that you can pay for a trade on
Crypto.com is 0.4%. That’s the flat rate that you’ll be charged if you do $25,000 or less in a 30-day trading period.
Crypto.com’s fees scale down the more you trade. By the time you get to trading $200 million or more in a 30-day trading period, fees are just 0.04% for makers and 0.1% for takers.
You can also reduce your fees by holding and staking certain amounts of CRO – the company’s native cryptocurrency asset. But more information on that later.
- Wide selection of cryptocurrency assets
- Margin and derivatives trading
- Integrated NFT marketplace
- Standalone crypto wallet
- Crypto credit and debit cards
- Excellent mobile apps for iOS and Android
- Customer support vis email and live chat
With features like these, it’s easy to see why
Crypto.com has become one of the most prominent crypto exchanges on the market today. It truly has something to offer everyone.
Do they offer a wallet?
Crypto.com offers a standalone crypto wallet. This means that you get complete control of your assets and can use them wherever you want in the world of web 3.0, such as on applications like Uniswap and Aave.
Crypto.com has a really strong mobile app, which is available on both iOS and Android devices. It features a layout that should be familiar to anyone who has used mobile stock-trading apps in the past, so you should be able to pick it up and start using it pretty quickly.
However, it’s worth noting that the charting tools are pretty simple, and you don’t get a lot of data from the mobile app. That means the app is best for quickly making trades that you’ve already researched elsewhere.
What is Cronos (CRO)? What are the benefits of holding it?
Crypto.com has a native cryptocurrency asset called Cronos (abbreviated CRO). It plays a big role in the exchange, so it’s worth taking a moment to review what it is and how it works.
Cronos has three main functions:
- Financial services
You can use Cronos to pay your trading fees on
Crypto.com. You can also stake it on the platform. If you stake enough CRO, then you begin qualifying for various benefits, such as reduced trading fees, higher staking interest rates, and higher credit card rewards.
That being said, you need to hold something like $400,000 worth of CRO in order to access the highest tier of rewards. And
Crypto.com recently announced that it’s cutting card rewards.
The bottom line on CRO is that you can get some nice benefits by holding it, but you don’t need it to use
Crypto.com, and you can still get a ton of value out of the exchange without having any of it.
Crypto.com right for you?
The answer to this question can vary depending on what exactly you want in a crypto exchange. If you want a versatile exchange that you can use for things like staking and NFTs in addition to trading, then
Crypto.com could be perfect for you.
But if you’re a beginner who just wants a simple way to invest in things like Bitcoin and Ethereum, then all of the bells and whistles that
Crypto.com offers could feel more overwhelming than anything.
It’s also important to point out that you can’t get the best deals on staking or rewards from
Crypto.com unless you hold a large amount of CRO. So as you evaluate the platform, you should keep in mind that the high interest rates you see quoted will likely not be the ones that you actually get.
Crypto.com before you invest
Whether you think
Crypto.com is the right trading platform for you or not, it’s important to compare it to your other options before deciding where you’ll invest your money.
There are many good cryptocurrency exchanges on the market today. And the one that’s right for you may not be the first one that you think about or try.
That’s why we’ve put together all of the resources that you need to figure out the best cryptocurrency exchange platform for your goals. You can use our comparison tool to review everything you need to know to make a decision.
So why wait? Try it out today to take the first step towards reaching your cryptocurrency investment goals.