Newsletter
Summary
More people are getting into crypto, and the number keeps growing fast, with over 588 million people now using crypto exchanges. With so many platforms out there, picking the right one can be a hassle, especially when you want a safe place to buy, sell, or grow your money.
Many individuals face this problem because the wrong choice can affect their funds and peace of mind. In this Crypto.com Exchange Review, you will see why we chose to explore this platform, what it offers, how it works, and if it fits your goals.
Key Takeaways
1. Crypto.com is a full crypto platform where you can buy, sell, store, and manage over 400 coins in one place.
2. The app offers a crypto Visa card with different tiers, letting you spend crypto for online, in-store, and ATM transactions while earning rewards.
3. The platform is regulated in multiple regions, has strong security measures, and provides tutorials, making it suitable for beginners and experienced users.
4. You can deposit funds with cards, bank transfers, PayPal, or crypto wallets, and the fee structure depends on your trading activity and token type.
What is Crypto.com?
Crypto.com is a secure crypto trading platform where you can buy, sell, and store different digital coins in one place. It works as a full crypto app and exchange, so you can trade, earn rewards, use a crypto card, and manage your assets from your phone or computer.
It is best for people who want many features in one platform, from simple buying to advanced trading tools. You get a mix of convenience, security, and a variety of supported cryptocurrencies, which makes it useful even if you are new to crypto or already trading.
Recently, the platform teamed up with IP Strategy (Nasdaq: IPST), offering custody, trading, and staking services for IP Strategy’s treasury, which holds over 52 million $IP tokens.
Crypto.com Exchange Review: A Brief Overview
| Founding date | 2016 |
| Headquarters | Singapore |
| No. of Cryptocurrencies | Over 400 |
| Minimum Deposit | $20 CAD, $1 USD, and |
| User base | Over 150 million |
| Fiat Currencies | USD, EUR, GBP, etc. |
| Deposit Methods | Instant deposit, ACH Bank transfer, wire bank transfer, early direct deposit, PayPal, debit card, Apple Pay, and Google Pay |
| Customer Support | Email and in-app chat |
| Trading Options | Spot Trading; Derivatives Trading, including perpetual contracts and futures; and Options contracts such as UpDown Options and Strike Options; and Fiat Deposits |
| Native Token | $CRO |
| Automated Trading Bots | DCA, TWAP, Grid trading, Arbitrage |
What are the Core Features of Crypto.com?
1. Spot Trading
You can buy and sell many coins on the spot market. This is the basic way to trade. You place an order, and the platform matches you with a buyer or seller. It works for both new and experienced users who want fast and direct trades.
2. Margin Trading
Margin lets you borrow funds to take bigger positions. Your assets on the platform act as support for the loan. This feature gives you more buying power, but it also comes with a higher risk, so you need to understand what you are doing before you use it.
3. Derivatives Trading
You can trade futures and perpetual contracts with up to 20× leverage. Futures come with expiry dates, so you trade based on where you think the price will be at a set time. Perpetual contracts have no expiry, so you can hold them as long as you want. Both let you go long when you expect the price to rise or go short when you expect it to fall. They give you more control, but they also carry more risk.
4. Options Contract
This gives you more ways to trade price movement. Up-Down Options let you predict if the price will move up or down within a set time window.
If the market moves in the direction you pick, you earn a payout. Strike Options let you choose a strike price and then open a position based on where you think the market will go from that level. These options help you trade simple price moves without managing advanced charts or heavy leverage.
5. Staking CRO and Other Coins
You can stake $CRO or other coins to earn rewards. Staking CRO gives you extra benefits like lower trading fees and access to special features. You can pick between locked and flexible options based on what fits your plan.
6. DeFi Wallet and Swap Liquidity Pools
You get a non-custodial wallet where you control your keys and liquidity to pools and earn from trading activity. These features are part of the DeFi ecosystem for users who want more ways to earn.
7. Risk Control Features
The platform has systems that monitor market conditions and protect users. This includes insurance, asset backing, and regular checks to keep funds safe.
What is $CRO?
$CRO is the native token of the Crypto.com ecosystem, serving as the digital coin that powers many features on the platform. Users who hold or use the token can get lower trading fees, higher rewards, and extra benefits across Crypto.com products.
It also plays a role in payments, staking, and earning interest through the app. Some people use it to boost their card rewards, while others stake it to unlock better rates or features. If you use Crypto.com often, $CRO can help you save money and get more value from the platform.
What are Crypto.com Fees?
Crypto.com has a few types of fees you should know. For trading, the exchange uses a maker-taker system. If you trade small amounts each month, you pay around 0.25% as a maker and 0.50% as a taker, and the fee drops when you trade more.
Crypto deposits are free on Crypto.com, but you still pay the normal network fee on the blockchain. Every token comes with a different withdrawal fee, so the amount you pay depends on the asset.
Transfers between the Crypto.com App and the Exchange are free, so you can move your assets without extra charges. Fiat deposits also depend on your bank and the method.
How to Use Crypto.com?
1. Download the App or Visit the Website
Start by downloading the Crypto.com app from the App Store or Google Play, or go to the official website. Make sure it is the official platform to keep your funds safe.
2. Create an Account
Open the app or website and click Sign Up. Enter your email, create a strong password, and accept the terms. You will get a verification email. Click the link to confirm your account.
3. Verify Your Identity
Crypto.com requires ID verification to comply with regulations. Provide a photo of your ID (passport, driver’s license, or national ID) and a selfie. This step usually takes a few minutes to a few hours.
4. Secure Your Account
Turn on two-factor authentication (2FA) to protect your account. This adds an extra layer of security when you log in or make transactions.
5. Deposit Funds
You can now deposit funds using your bank account, debit/credit card, or another crypto wallet. Choose your preferred method and follow the instructions to fund your account.
6. Buy Crypto
Once your account has funds, go to the Buy/Sell section. Choose the cryptocurrency you want to buy, enter the amount, and confirm the transaction. Your crypto will appear in your Crypto.com wallet.
7. Check Your Wallet
After buying, go to your wallet to see your crypto balance. From here, you can hold, sell, or transfer your crypto whenever you want.
- Comprehensive list of supported cryptocurrencies.
- Strong security features.
- Fast app and web platform.
- Low fees with $CRO.
- Higher fees without CRO
- Limited features in some regions
- Strict verification steps
- Complex fee structure
Is Crypto.com Regulated?
Crypto.com is regulated in many regions, and this gives you a clear sense of how it operates and what rules it follows. In Europe, it has a MiCA license and a MiFID license, which cover digital assets and investment services. In the U.K., it is approved by the FCA as an Electronic Money Institution.
In Singapore, it has a Major Payment Institution license for digital payment tokens. In the U.S., its derivatives arm holds CFTC licenses to offer futures and clearing services.
It also has VASP approvals in places like Dubai. All these licenses help show why many people see it as one of the safest crypto exchanges to use, though it is still important to check what applies in your region.
Conclusion
Crypto.com stands for a complete crypto experience where using digital assets becomes a walk in the park. With this kind of exchange, the next phase is wider adoption and smoother integration of crypto into daily life, from payments to DeFi activities. Keep in mind that fees, verification, and regional rules can affect how you use it, so always check what works for you.
Frequently Asked Questions (FAQs)
Which U.S. states is the Crypto.com Exchange available?
The Crypto.com exchange is available in all 50 states of the United States of America. However, the MCO VISA card is not available in the U.S. Territories.
Is Crypto.com Considered a Secure Crypto Trading Platform?
The platform uses multiple layers of protection to keep funds safe. It stores most assets in cold wallets offline, monitors accounts for unusual activity, and requires strong passwords and device checks. You also get withdrawal protection, insurance coverage for digital assets, and can set withdrawal whitelist addresses to control where your crypto goes. These measures help make sure your money is safe while you trade, stake, or hold crypto on the platform.
Does Crypto.com Work in the US?
Crypto.com works in the U.S., but not all features are available to every user. You can trade, buy, and sell crypto, use the app wallet, and stake supported coins. Some services, like certain derivatives and card features, are limited due to local regulations, so you should check what you can use based on your state.
Is Crypto.com Good for Beginners?
Beginners will find the platform accessible because it offers a clear app layout and step-by-step guidance for buying, selling, and managing crypto. You can start small and track your transactions easily. It also lets you use features like staking or earning interest without the need for advanced trading knowledge.
Does Crypto.com Give You a Card?
Crypto.com gives you a crypto Visa card that lets you spend your digital assets like regular money. There are several tiers, from the basic Ruby Steel card to higher-level Obsidian and Frosted Rose Gold. Each one comes with different cashback rewards, perks, and metal designs. You can use these cards for online shopping, in-store payments, and ATM withdrawals.
