Author: Athur Willis
If you are looking for a platform that allows users to invest and buy cryptocurrencies at market value, Crypto.com is your best option.
Crypto.com is a cryptocurrency exchange website that supports trading and related cryptocurrency services. This digital currency service provider is well known for its crypto app that allows users to buy, sell, trade, spend, store, earn, and even pay their bills with cryptocurrencies.
Crypto.com Key Features:
- Buy, trade, and sell 50+ crypto pairs
- Buy cryptocurrency with zero credit card fees for the first 90 days
- Trading commission based on volume, starting from 0.2%
- Advanced trading platform, tools, and indicators
- $25 referral bonus
- Over 5 million users worldwide
Crypto.com Application
Crypto.com has an easy-to-use mobile application that allows users to buy and sell over 90 cryptocurrencies at market value. The app is suitable for people of all experience levels, and it is compatible with both iOS and Android devices.
How to Register on Cypto.com App
To buy, sell, send, and receive cryptocurrencies using Crypto.com, you need to:
Step 1: Download the app and install it.
Step 2: Create an account on the app with a valid email address.
Step 3: Confirm your email and enjoy your crypto.com app
How to Deposit
The Crypto.com app supports 21 fiat currencies, with the ability to fund your crpto.com wallet with various options, including:
- Bank transfer
- Wire transfer
- Credit or debit card
- SEPA
Other Features:
Crypto.com Earn
Earn with your crypto app. The advantage of using the app over others is the opportunity to earn interest from your asset. Assets held in Crypto.com give up to 6.5% per annum on cryptocurrencies and 12% on stable coins. The Crypto.com interest is paid out weekly in deposited coins. For example, Bitcoin (BTC) deposits will earn interest in BTC every week. Staking 50,000 or more CRO tokens unlocks an additional 2% per annum. However, additional interest is paid in CRO tokens and not in assets.
MCO Visa Card
The MCO Visa card is a prepaid debit card issued by Crypto.com.
Crpto.com users can use their MCO cards at supported retailers and merchants. The card offers up to 8% cashback on purchases, and the opportunity to earn discounts when spending on Crypto.com or any of their premium partners like Spotify, Netflix, Prime, and Expedia.
Is Crypto.com Legit?
Crypto.com appears to be a legit exchange because it is protected and regulated by authorized institutions. Also, their U.S. customers’ fiat wallet balances (in USD) are protected by FDIC insurance. This gives assurance that the funds on the platform are safe. To date, there are no reported hacks or any thefts of funds on Crypto.com or its application.
Conclusion
Based on the features and services of crypto.com, the platforms seem to be a good choice for traders that are looking for relatively low fees on cryptocurrency trading. Aside from that, the platform is also good for managing cryptocurrency assets. However, their customer support is not good enough, but you can help yourself with their self-service option.