cryptocom

Crypto.com Review

Crypto.com is an online exchange that supports more than seventy crypto transactions. The platform is designed to offer a variety of cryptocurrencies to sellers and investors. Crypto.com headquarters was established in 2016, based in Hong Kong, and launched in 2019. This platform allows sellers to access the most popular cryptocurrencies on the market. The platform also provides access to lesser-known coins for investors who want to get their way off the beaten track.

Also, the exchange supports trading and investment in its Coin known as (“CRO”). This cryptocurrency exchange provides crypto trading services and as well many other exceptional trading functionalities like Syndicate and the recently launched Supercharger.

Trading platform

Crypto.com provides an easy-to-use trading platform to support cryptocurrency trading. You can trade on the “Exchange”, “Balance” or “Market” page. The Crypto.com platform is easy to navigate, making it suitable for beginners and beginners, and investors alike. Users can deposit cryptocurrencies, use credit cards, or deposit fiat currencies from external wallets through the Crypto.com app. Crypto.com supports 19 cryptocurrencies, including the largest market value and lesser-known cryptocurrencies.

Key Features of Crypto.com Platform

Wallets: Crypto.com provides its users with a full list of wallets that can store cryptocurrencies on the stock exchange. Users can use a white wallet to prevent personal cryptocurrency theft.

Mobile Commerce: Crypto.com and apps are also available on Google Play and AppStore.

Interactive Chart: Users powered by TradingView have access to a variety of risk management indicators.

Help Center: An extensive library of documents to help you with questions and navigation about the platform.

Stock Exchange: An easy-to-use trading platform that allows you to trade the entire list of cryptocurrency pairs by market price or limit order.

Indicators: This includes a complete collection of technical analysis tools that ate used for the management of risks and for supporting fundamental and more sophisticated technical analysis.

Charts: The Crypto.com platform provides interactive charts for traders to aid their buy and sell orders and support their investment goals. The crypto trading platform uses TradingView charting tools on their platform. Charts are linked straight from TradingView. This makes it easy for traders to easily make use of sophisticated indicators and high-tech charting tools.

Round-the-clock Customer Service: 24-hour support available through the chat page on the platform.

Promotion: Crypto.com offers promotions for new users. These include:

  • 0% transaction fee for the first 90 days.
  • Up to 50% discount on transaction fees for all transactions for existing consumers.
  • 2% interest on bonus deposits. This applies to all deposits made to the exchange wallet by new users during the first 30 days after registration.

Crypto.com account registration

To open an account, visit the Crypto.com website; click “Register” at the top right of the site and Enter the requested information. This includes your name, date of birth, nationality, and email address. You must also agree to the terms and conditions and notify Crypto.com when the platform is available in your region.

When you have finished entering information, confirm, and click Create Account.

As soon as you click on the create account button, go to your email and check for a verification code from Crypto.com. Key in the code provided, then follow the prompts to enter your mobile number. You will receive a second verification code via SMS to your mobile phone. Please enter the verification code to complete registration.

Upon completion of the registration process, you will be prompted to log in. You can now log in and familiarize yourself with the platform. For merchants who want to deposit cash by bank transfer or buy cryptocurrency with a credit card, you need the Crypto.com app.

Deposit and withdrawal options

Crypto.com makes it easy to deposit and withdraw funds in cryptocurrency and fiat currency. With the support of Crypto.com, users who have not previously owned cryptocurrency can purchase cryptocurrency with a credit card or deposit bank transfers through the Crypto.com app.

Depositing cryptocurrency

For users who already own cryptocurrency through Crypto.com support:

  • Go to the “Balance” page at the top right of the Crypto.com website.
  • Select the cryptocurrency you want to deposit, click “Deposit”, then copy the address or scan the QR code to complete the deposit.

Pay attention to the minimum deposit. Crypto.com does not process amounts below the minimum deposit. We recommend scanning the QR code whenever possible.

Fiat cash deposit

To purchase Cryptocurrency backed by Crypto.com with a credit card or fiat currency, you need to download the Crypto.com app. Crypto.com exchanges currently do not support fiat deposits or cryptocurrency credit card purchases.

To download the app, you can download it from the AppStore or Google Play.

Withdrawal of funds

To withdraw cash, users can withdraw cryptocurrencies through Crypto.com support for external wallets. The Crypto.com platform currently does not support fiat withdrawal. However, you can withdraw fiat currencies through the Crypto.com app. To withdraw cryptocurrency, go to the “Balance” page and select the cryptocurrency wallet you want to withdraw.

Click “Withdraw”, select “External Wallet Address”, enter your wallet address, the amount you want to withdraw, then click “Show Withdrawal”

Make sure you have specified the correct address to avoid losing coins. There are also minimum and maximum 24-hour withdrawal limits. If you are making your primary or initial withdrawal, you will be required to configure a two-factor authentication for security purposes. You can also transfer cryptocurrency through the Crypto.com network. However, you need to connect to the Crypto.com app to make free cryptocurrency transfers.

Fees and transaction fees

Crypto.com has a differentiated transaction fee structure according to the monthly transaction volume. As the trading volume increases, the commission decreases. Stock exchanges use a standard fee model. “Maker” and “Taker” are billed here when executing and approving a transaction, not when executing a transaction order. Withdrawal fees and minimum withdrawals vary by cryptocurrency.

Privacy and security

Crypto.com protects consumers with high security. Security measures include two-factor authentication, white wallet, and anti-phishing. To improve your security settings, choose “Security” from the drop-down menu for your account. To withdraw cash, consumers must activate two-factor authentication.

Crypto coins provided

Cryptocurrencies traded include Bitcoin, Bitcoin Cash, Cardano, EOS, Ethereum, Litecoin, Ripple, Stellar and Tether, Algorand, COSMOS, Coin Crypto.com, Enjin Coin, ICON, Kyber Network, CHAINLINK, Tezos, USD Coin and VeChain, and others.

CRO Staking

Crypto.com provides user benefits for Crypto.com Coins (“CRO“). Placing a CRO on an exchange provides members with the following benefits:

  • CRO discount when paying transaction fees with CRO.
  • 20% paid daily.
  • Access to “Syndicate”.
  • “Salary payments”.

The CRO is made for 180 days and can only be withdrawn completely after the application period has ended. Benefits depend on the CRO interest rate.

Crypto.com wallet

Crypto.com offers user-compatible wallets for supported cryptocurrencies. You can find the cryptocurrency by going to the “Balance” page. The cryptocurrency wallet can store all 19 cryptocurrencies supported by Crypto.com. On the “Balance” page, consumers receive information about their balance, available balance, order amount, bet amount, and BTC cost. There is also a bitcoin balance for the total account and an approximate USD balance.

Traders can deposit or withdraw cash in each wallet by choosing to deposit or withdraw. Please see the “Deposit and Withdrawal” section below for more information.

Traders can also trade directly from the balance page by clicking on the trade and selecting the appropriate pair.

You will then be automatically redirected to the “Exchange” page reflecting the selected pair.

Crypto.com exchange allows users to create white wallets. Here, consumers can restrict withdrawals to wallet addresses that are whitelisted.

Crypto.com Visa Card

Crypto.com offers its customers the opportunity to get a metal debit card with CRO-staking with better benefits, or just for free. Crypto.com’s Visa card works like a normal debit card because it doesn’t have a credit feature. The card can be acquired from Crypto.com application that work on all popular mobile devices. At the same time, as you register into the app, you get all the extensive ways to use Crypto.com services. Among other things, you can find in the app: Crypto Wallet (hold different cryptocurrencies), Crypto Earn (interest for different cryptocurrencies), Supercharger (a new feature where you can deposit a CRO and get this corresponding addition) and a Visa-card feature.

There are currently 5 different options for Crypto.com cards that are metallic. The benefits that a card brings depend on how much CRO-staking you do, and this also affects the interest you pay on different services. After ordering the card, the CRO-staking is valid for 6 months and during this time the CRO stacking cannot be dismantled, but you can still stack more and get better benefits. However, if you want to unpack after 6 months, the benefits of the whole server process. Learn more about the benefits of Crypto.com in the table below:

obsidian crypto.com Frosted Rose Gold / Icy White Royal Indigo / Jade Green Ruby Steel Midnight Blue

EUR Stake *

€350,000 €35,000 €3,500 €350 FREE
CRO Rewards on card spending** 8% 5% 3% 2% 1%
spotify*** 100% 100% 100% 100%
netflix*** 100% 100% 100%
prime*** 100% 100%
expedia*** 10% 10%
Exclusive Merchandise Welcome Pack ✔️ ✔️
Earn Bonus Interest ✔️ ✔️
Crypto.com Private ✔️ ✔️
Airbnb 10%
Private Jet Partnership ✔️
Airport Lounge Access

✔️

+ 1 guest

✔️

+1 guest

✔️
No Fee ATM Monthly Withdrawal Limit (2% thereafter) $1,000 USD $1,000 USD $800 USD $400 USD $200 USD
Interbank Exchange Rates Monthly Limit (0.5% thereafter) Unlimited $20,000 USD $10,000 USD $4,000 USD $2,000 USD
Composite Metal ✔️ ✔️ ✔️ ✔️
Note
Cardholders cannot load cryptocurrency onto their Crypto.com Visa Card. All cryptocurrency will be converted to US Dollars and the US Dollars can be loaded onto the Crypto.com Visa Card for use in purchase and ATM withdrawals.
* “Stake” or “Staking” means the holding of CRO in your Crypto.com wallet for a period of 6 months.
** CRO Rewards are paid in CRO Token to your Wallet App. Transactions made under certain merchant categories or channels are excluded from the CRO Rewards programme. Please visit FAQ for full details.
*** This offer is launched by Crypto.com independently and there is no partnership between Crypto.com and the merchants in this offer. Crypto.com has the sole discretion to modify this offer at any time.
Maximum 1 reimbursement per merchant per month:
Spotify: USD 12.99 equiv (monthly subscription fees)
Netflix: USD 13.99 equiv. (standard monthly subscription – HD, 2 screens)
Expedia: USD 50 equiv.
Amazon Prime: USD 12.99 equiv.
Airbnb: USD 100 equiv.

Using and topping up the Visa-card

You can use the Crypto.com Visa card for everyday consumption and earn up to 8% cashback on your grocery purchases. The amount of cashback depends entirely on the card level (1% -8%) and thus Crypto.com Visa beats all domestic bonus providers. In addition, a 350 EUR-stake comes with a free Spotify. External services (Spotify, Netflix, etc.) work by debiting your Visa card and crediting the amounts charged as CRO tokens to your Crypto wallet immediately.

Experiences from Crypto.com Visa

Our experience with Crypto.com Visa has been very positive and has brought a nice extra income to everyday life. The card has been in use for more than a year at the time of writing and the only downside to the card is that payment service providers read the card in Finland as a “credit card” even though it is not. Enjoy everyday extra income too and get a Crypto.com Visa card today!

Crypto.com Customer Support Service

To contact customer support, click the chat icon in the lower right corner of the Crypto.com page.

You can find answers to your questions by sending a message or using the search function. Customer support typically responds within a few hours but depends on the traffic.

Crypto.com Pros & Cons

PROS

  • Comfortable platform.
  • Crypto.com offers a variety of cryptocurrencies and many cryptocurrency pairs for trading.
  • Supports cryptocurrency deposits and fiat cash deposits through the Crypto.com app.
  • You can withdraw fiat currency through the Crypto.com app.
  • 360 million USD cryptocurrency insurance, including referral and indirect guardian insurance, protects the consumer base from physical damage or destruction, as well as theft by third parties.
  • Focus on safety, including a cold wallet and 2FA use.
  • Bet size: Let the CRO hold earn up to 0.1% of the commission received.

Earn 20% a year. Cryptocom (CRO) coin installation

  • Participate in the syndicate
  • Consumers can also earn interest through pension interest.
  • API Races offers favorable rewards.
  • Link exchange program to receive referral bonuses
  • Cryptocom applications and services. Users will have access to a growing number of services and Cryptocom applications.
  • Compatible with mobile devices: Android and iOS.

CONS

  • KYC compliance will be positive for some and negative for traders seeking anonymity.
  • Relatively new players in a market with a short history.

Conclusion

Cryptocom is an easy-to-use cryptocurrency trading platform that supports large-scale cryptocurrency trading. Cryptocom offers a variety of cryptocurrency and cryptocurrency matching and offers attractive incentives for new users. It includes a 0% trading fee, which is especially attractive for traders who want to trade at a high frequency.

It competes well with competitors for interest, rewards, and promotions, as well as the ability to deposit and withdraw significant amounts.

In addition to Switch, there is also a Cryptocom app that supports fiat currency and withdrawal deposits.