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ScandiCrypto » Crypto.com Review

January 26, 2023 by Editorial Staff

Crypto.com Review

Crypto.com logo
4.5/5
Go to Crypto.com
Crypto.com
Name: Crypto.com
Website: www.crypto.com
Established: 2016
Headquarters: Hong Kong
Fiat to Crypto: Yes
Crypto to Crypto: Yes
Cryptocurrencies: 100+
Margin Trading: Yes

About Crypto.com

Crypto.com is truly a cryptocurrency success story which started with the idea of producing a crypto debit card to encourage cryptocurrency adoption back in 2016. Since then Crypto.com has expanded its services on their native mobile application which today has an impressive range of functions and is a competitive offer in the crypto sector.

In terms of its crypto exchange, Crypto.com is relatively new but has a lot to offer. The Crypto.com exchange offers a nice selection of various cryptocurrencies and tokens, including heavyweights like Bitcoin, Ethereum and Cardano, as well as undervalued assets like Solana or Polkadot. At Crypto.com there really is something for everyone to buy.

Crypto.comCrypto.com✔️ Low trading fees
✔️ VISA card with cashback
✔️ Receive a $50 bonus
4.5/5
Go to Crypto.com

Crypto.com Mobile App

The mobile app is entry-level and works for both iOS and Android devices. It offers a number of special features, including buying, selling, trading, earning and storing cryptocurrencies. Here you can buy and sell over 100 cryptocurrencies through the app, with minimal fees.

In addition to being an cryptocurrency exchange, the Crypto.com app allows you to stake which means you earn interest on your existing crypto. Lastly but not least Crypto.com offers a VISA debit card that gives you cashback on all your purchases.

Crypto.com VISA Card

With the Crypto.com VISA card you can spend your cryptocurrencies anywhere at any time. This debit card is accepted in more than 54 million outlets and ATMs around the world, which is very impressive.

The Crypto.com card comes in a series of different cards which gives you different amounts of cashback and perks. In order to unlock a card with more benefits one needs to stake their native token CRO. Even though it can be quite costly to get the card with 8% cashback, one should keep in mind that the first tier card is for free and gives you 1% cashback alone.

Payment Methods and Trading Fees

Unlike other exchanges such as Binance where one can pay less fees by using BNB, Crypto.com users can trade at a discount by staking CRO. Here the staking fees start at around 0.16% and the more you trade, the lower the fees get. If you trade for 200,000,000 dollars a month fees get as low as 0.1%.

When it coms to payment methods, Crypto.com got you covered. Here you can deposit with:

  • Banktransfer
  • Debit / Credit card
  • PayPal
  • Cryptocurrency

There are no fees when making a deposit but when withdrawing funds there are. This is applied to both withdrawals made in FIAT or crypto.

Crypto.com Customer Support

If something were to go wrong or if one would have any questions, it’s always great to have customer support available. Crypto.com does not only offer customer service over email and live-chat but it’s available 24/7. This is something we truly like and would love to see more exchanges offer in the future.

Conclusion – Is Crypto.com Safe?

Crypto.com is overall a great exchange and platform for both newcomers and moderate traders. The exchange is available on both desktop and through its amazing app which offers so much more than just an exchange.

Its user-friendliness, low fees and a nice selection of cryptocurrencies make this exchange one of the best in the world. Costs and fees are lower than exchanges like Coinbase which is also a good entry level platform. If you are looking for a secure crypto exchange which has it all, look no further as Crypto.com might just be it.

Pros and Cons

✔️ Pros❌ Cons
Low trading feesLimited selection of crypto
VISA card with cashback
Receive a $50 bonus
Crypto.comCrypto.com✔️ Low trading fees
✔️ VISA card with cashback
✔️ Receive a $50 bonus
4.5/5
Go to Crypto.com

Crypto.com FAQ

What is Crypto.com?

Crypto.com is a cryptocurrency exchange and wallet platform that allows users to buy, sell, and store a wide range of digital assets, including Bitcoin, Ethereum, and various other altcoins. The platform also offers a number of other features, such as a built-in wallet, a debit card, and a rewards program.

How do I get started with Crypto.com?

To get started with Crypto.com, you will first need to create an account by providing your email address and creating a password. Once your account is created, you can then proceed to deposit funds and begin buying, selling, and trading cryptocurrencies.

What are the fees for using Crypto.com?

Crypto.com charges a trading fee of 0.1% for both buying and selling. There are also deposit and withdrawal fees, which vary depending on the cryptocurrency you are depositing or withdrawing.

Does Crypto.com support two-factor authentication?

Yes, Crypto.com supports two-factor authentication for added security. Users can enable this feature by going to the settings page and setting up 2FA via Google Authenticator or SMS.

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