Crypto.com Review

4.9
  • Summary
  • Crypto
  • Fiat
  • Fees
  • Features
  • Safety
  • FAQs

Crypto.com is highly reputable, advanced cryptocurrency exchange with a 24 hour market volume of $439,640,905. Crypto.com offers traders 218 coins and 378 pairs.

Overview
๐Ÿ† CI Exchange Rank (#54) ๐Ÿ“ˆ 24H Volume $439,640,905 (#28)
๐Ÿ“Œ Headquartered Hong Kong SAR China ๐Ÿงฑ Founded 2016
๐Ÿ’ง CI Liquidity Rank 0.057 (#18) ๐Ÿš€ Beginner-friendly? No
๐Ÿ’ฒ Supports Fiat? Yes ๐ŸŽŒ Languages Supported
๐Ÿ’ผ Business Accounts Yes โœ–๏ธ Margin Trading Yes
๐Ÿ‘› External Wallet Yes ๐Ÿ”ƒ OTC Trading Yes
๐Ÿ“ฑ Mobile App Yes ๐Ÿ’ฐ Integrated Wallet Yes
๐Ÿ”ฎ Futures Trading Yes โšช๏ธ Spot Trading Yes
โญ•๏ธ Coins: 218 ๐Ÿ”€ Pairs: 378

Crypto.com does accept US citizens. However, the exchange is best suited to experienced traders or institutional investors.

Pros Cons
Allows US citizens to trade Not ideal for new, inexperienced traders.
Permits you to earn returns on your deposits.
Offers a crypto-backed rewards card

Kris Marszalek is co-founder and CEO of Crypto.com. The crypto exchange was founded on 2016 and is headquartered in Hong Kong.

Crypto on Crypto.com

Crypto Market Listings on Crypto.com

Crypto.com has a reported trading volume of $439,640,905 in the last 24 hours. Traders can expect an average bid-ask liquidity spread of 0.057. Crypto.com is ranked position #18 among exchanges for liquidity.

  • USD
  • EURO
  • GBP
Coin Pair Price Spread
BTC/USDT $20089 0.02
ETH/USDT $1135.32 0.06
USDC/USDT $1.001 0.02
FER/USDC $0.166555 0.02
MATIC/USDT $0.510501 0.08
BTC/USDC $20102 0.01
LINK/USDT $6.29 0.05
SOL/USDT $36.01 0.14
XRP
XRP/USDT $0.323202 0.06
LTC/USDT $50.04 0.04
ETH/BTC $1136.64 0.08
DOT/USDT $6.84 0.16
Cosmos
ATOM/USDT $9.13 0.14
NEAR/USDT $3.39 0.08
SHIB/USDT $0.00001033 0.08

Crypto Verification

To start trading cryptocurrencies on the crypto.com exchange, you will need to verify using the following documents:

  • ID or passport
  • US citizens and residents, however, are required to submit their state issued driver’s license or ID.
  • A utility bill or proof of address
  • A photo/selfie holding your government ID.
What's Needed
๐Ÿ›‚ Documents Passport, Driving Licence, Utility Bill ๐Ÿ•– Verification Duration 1-3 days

Crypto Deposits

Crypto.com does not charge any deposit fees.

Buying In
Crypto/Coins Free

Crypto Withdrawals

There are stipulated withdrawal feels for each coin on crypto.com. These fees vary from 0.2-5000.

Cashing Out
Crypto/Coins Varies from coin to coin

Fiat on Crypto.com

Fiat Market Listings on Crypto.com

  • USD
  • EURO
  • GBP
Coin Pair Price Spread

Fiat Verification

The crypto and fiat trading verification is the same.

You will need to verify using the following documents:

  • ID or passport
  • US citizens and residents, however, are required to submit their state issued driver’s license or ID.
  • A utility bill or proof of address
  • A photo/selfie holding your government ID.
What's Needed
๐Ÿ›‚ Documents Passport, Utility Bill, Bank Statement ๐Ÿ•– Verification Duration 1 day

Fiat Deposits

Fiat deposits are not yet supported on the Crypto.com Exchange

Fiat Withdrawals

Crypto.com does not charge any fee for the fiat withdrawal, yet fees may be imposed by the receiving bank and intermediary bank(s).

Cashing Out
Debit Card Free Credit Card Free
Bank Transfer Free

Crypto.com Fees

Crypto.com’s trading fees are volume-based. This means that traders get more discounts as their trading volume increases. Trading fees will be charged on every transaction until the trader’s order is completely fulfilled. Minimum maker and taker fees start from 0.4% up to 35%.

 

 

Crypto.com Features

Spot Trading

Crypto.com offers spot trading to VIP retail and institutional clients.

 

Margin Trading

Margin trading on the Crypto.com exchange allows you to borrow virtual assets on Crypto.com exchange to trade on the spot market. Eligible users can use the margin loan as leverage (borrowed virtual assets) to open a position that is larger than the balance of your account.

Derivatives Trading

Crypto.com has a derivatives exchange that allows BTCUSD perpetual contracts using USDC as margin with leverage of up to 50x. Traders can enjoy discounted trading fees based on the amount of CRO they staked on the Exchange.

 

Futures Contracts

Currently, Crypto.com only permits BTCUSD futures contracts.

OTC Trading

Crypto.com Private Members will have access to OTC block trades of CRO.

Integrated Wallet

Once you register with crypto.com, you have immediate access to a wallet from where you can trade, sell, and store your cryptocurrencies.

BG25 Referral Program

With the BG25 Referral Program, all you need to do is share your referral link to your network. Once a new trader accepts the link, passes KYC and verification, both parties willย  receive $25 USD deposited into their CRO wallet.

Corporate Accounts

Crypto.com does offer corporate accounts, in fact it is ideal for advanced traders and institutional investors.

NFT Tokens

Crypto.com NFT is an invitation-only NFT marketplace where you can discover exclusive digital collectibles and their non-fungible tokens

Mobile App

Crypto.com does have a mobile app. Theย  App enables traders to access key features, manage their account, and trade where ever they are in the world.

Customer Service

Crypto.com does have a customer service department as well as a help center.

Crypto.com Rewards Visa Prepaid Card

Crypto.com Visa Card

Crypto.com has a Rewards Visa Prepaid Card (previously known as MCO Rewards Visa). The Visa Card is specifically designed for cryptocurrency holders who want to easily access their crypto assets into a spendable currency.

 

 

 

Crypto Credit

With Crypto Credit you can borrow up to 50% of your crypto collateral, without selling off your crypto assets. Crypto.com also allows you to pay back your credit on your on schedule.

Crypto Earn

Crypto Earn allows you to earn up to 8.5% on stable coins. There are over 30 cryptocurrencies and stable coins available

Crypto.com Safety

Cold Storage

100% of traders cryptocurrencies are held offline in cold storage vault. Crypto.com has a strategic partnership with Ledger, which offers a institutional-grade custody solution, the Ledger Cold Storage Vault.

CER Cyber Security Score (CSS)

9.82/10

CSS is an industry benchmark assessment of the cybersecurity characteristics of a given exchange. It consists of three weighted components: application-level security, SSL/TLS connection, and domain security. CSS uses over 18 indicators, based on the best practices of cybersecurity protection.

Two-Factor Authentication

Crypto.com uses a Time-based One-time Password (TOTP) for Two-Factor Authentication, it involves generating a temporary, unique one-time 6-digit code that only works for 30 seconds. To perform any actions that will affect your assets, you will need to enter this code besides the common password.

IP Whitelisting

Crypto.com allows you to whitelist multiple IP addresses on your account and the mobile account. It is also possible for you to set your account to accept withdrawals to specific wallet addresses only. This can be configured on each individual token.

Crypto.com FAQs

Is Crypto.com regulated?

Crypto.com is not regulated.

Can you trade fiat currencies on Crypto.com

Fiat currencies are available on crypto.com. However, fiat deposits are not accepted yet.

Can you short on Crypto.com?

Yes. You can short on Crypto.com.