Crypto.com is a cryptocurrency exchange that supports trading, investing, staking, wallets, NFTs, and more. This exchange offers more than 250 different currencies, reasonable fees, and discounts for those who hold a significant stake in Crypto.com Coin (CRO). Its ecosystem of crypto-related products could make it a good choice for those looking to do a lot with their cryptocurrency.
- Extensive list of supported cryptocurrencies
- Transparent, competitive fees with discounts available
- Support for an ecosystem of cryptocurrency products
- Higher fees unless you hold and use CRO
- Poor customer support
- Trading fee discounts can be confusing to navigate
Crypto.com is a prominent cryptocurrency exchange with support for a range of crypto assets and blockchain-related products. Users can buy, sell, and trade an extensive list of currencies, and enjoy relatively low trading fees. Additionally, the company offers cryptocurrency credit cards, a decentralized exchange, a standalone crypto wallet, and an NFT marketplace. It also allows users to stake their crypto, or hold it in a Crypto.com wallet for a set period, to earn up to 14.5% interest. For those looking to buy and hold currencies like Bitcoin and Ethereum, Crypto.com could be a good choice. Fees are limited to 0.40% and decrease with high trading volume or a significant holding of the CRO currency. Crypto.com currently supports 250 currencies and offers advanced order types, and you can also trade crypto futures on its platform. Remember that the cryptocurrency market is volatile and these investments are considered high-risk, so only invest money you can afford to lose. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. Company Overview Crypto.com was founded in 2016 in Hong Kong. It currently offers more than 250 cryptocurrencies to over 10 million customers worldwide. Crypto.com serves users in 90 countries with a unique suite of cryptocurrency-related financial products. The long list of currencies, low pricing, and additional features make Crypto.com suitable for beginner to advanced cryptocurrency users. However, beginners may find the plethora of features intimidating. Overall, Crypto.com is best for those who want to do more with their cryptocurrency than simply buy and hold. It’s a good platform for active traders and anyone interested in using crypto as an actual currency, not just an investment. Cryptocurrencies Available on Crypto.com Crypto.com supports more than 250 currencies for spot trading, with a subset supported for staking. While there are too many currencies supported to list them all here, you can count on being able to buy and sell most of the highest-traded currencies. (View the full list of available assets.) Popular assets available on the platform include: Bitcoin (BTC) Ethereum (ETH) Cardano (ADA) Dogecoin (DOGE) Polkadot (DOT) Crypto.com also offers its own coin, CRO. If you hold a significant stake in CRO, the company rewards you with lower trading fees, higher staking interest rates, and higher credit card rewards. Trading fees at Crypto.com start at 0.40%. High-volume traders and those with a large CRO stake can qualify for fees as low as 0%. Trading Experience The central hub for Crypto.com is its mobile app, which is available for Android and iOS devices. If you are accustomed to trading stocks using a mobile app, you’ll likely find the experience intuitive and straightforward. With the Crypto.com app, you can quickly view your portfolio and a list of popular assets. The mobile app includes everything you need to trade currencies, earn through staking your crypto, make payments with cryptocurrency, or sign up for a Crypto.com credit card.