Are you interested in buying and selling cryptocurrency? There're many sites out there that you can pick from; crypto.com is just one of them. However, not all sites that claim to be great have what it takes to turn you into a happy customer. That's the reason you should learn to choose wisely. In this review, we would like to tell you more about crypto.com. We believe that you need this piece to learn more about crypto.com exchange to make informed decision afterwards. As we share the details with you, have it in mind that the full-fledged crypto hub is based in Hong Kong and was founded in 2016. It also serves as a cryptocurrency exchange that supports investing, trading, staking, NFTs, wallets, and many more. Crypto.com (put in new)
›› Signup at Crypto.com Exchange here
Trade over 200 crypto pairs from one of the leading exchanges. They also got their own debit card for all users.
CryptoLists.com
Background & Overview
Crypto.com Exchange QR code to scan with phone
The company was founded in 2016 in Hong Kong, and it provides up to 150 cryptocurrencies to its more than 10 million customers globally. Crypto.com currently has users in at least 90 countries. It provides a wide range of financial products related to cryptocurrency. The site stands out for many reasons, such as low pricing and a long list of currencies. The company is also designed in a way that makes it suitable for both novice and seasoned traders. But most beginners might need a short learning curve to understand how crypto.com works. As a platform, it's friendly for those looking to trade, as well as persons who want to use cryptocurrencies for other reasons.
Not a customer yet? Register with Crypto.com Exchange today, it's quick and simple!Advantages at Crypto.com Exchange
+A comprehensive list of supported digital currencies.
+Excellent support for an ecosystem of crypto products.
+Highly competitive fees and availability of trading discounts.
+Safety and straightforward registration process.
+Access to a DeFi-wallet.
+Instant registration.
+Over 100 cryptocurrencies available for trading.
Disadvantages
+Unless you hold CRO, you're likely to pay higher fees compared to other customers.
+The customer support might need some improvement.
+Trading fee discounts might be hard to navigate.
KYC & Registration
Are you interested in becoming a crypto.com customer? To complete your registration process, you need to download the app from Google Play Store or from Apple Store if you're an iPhone user. You can then commence registering by installing the app on your phone and keying in your email address, and then creating a password. The verification process will be completed using your actual name, your photo ID, as well as a selfie. From there, you'll be required to link your best payment method; this could be a bank account.
Leverage
▪ Rated at 0/10Once you become their customer, and you wish to trade, you can easily trade Perpetual and Futures Contracts with up to 100X leverage. Note that the amount of leverage the company makes available depends on certain factors, such as the total exposure to crypto.com. Larger positions will always attract lower leverage and vice versa. The total exposure encompasses both open orders and open positions. While the maintenance margin rate rests at 60%, the Initial Margin rate is set at 1%. You must not forget that the maximum leverage allowed on the site will decrease as the exposure increases. That means they're inversely proportional.
Costs
▪ Rated at 10/10Suppose you're a new crypto.com user without any CRO staking, you'll have to pay a fee of 0.4% on all trades in case your monthly trading volume doesn't exceed $25,000. As you can see, the platform charges competitive fees compared to what you might find on many competing sites. The good news is that if you trade high volumes, then your fees can be as low as 0.04% as a maker or even 0.1% as a taker that doesn't have CRO staking. And you have at least 5,000 CRO in the wallet; you can also enjoy discounted trading fees. Since the site doesn't charge per-trade fees, it's one of the best trading platforms you'll ever come across.
Deposit Methods
▪ Rated at 9/10Below you can see a list of the deposit methods available on Crypto.com Exchange. Some of them may not be available in United States as it depends on regional regulation, but normally the most common payment methods are available across numerous countries.
More info soon.
Platforms
▪ Rated at 9/10 Crypto.com Exchange QR code to scan with phone
The exchange looks great. It is perfectly optimized for both mobile and desktop device users. Once you log in, you'll see that the menu is strategically positioned. Each button is perfectly labelled to let you explore the platform without breaking a sweat. You'll also notice that the platform loads faster, so you can hop onto it and do your thing on the go. Suppose you don't understand how some features of crypto.com work, you can head to the FAQs section and get your answer from there. You'll definitely have the best experience using the Crypto.com exchange.
Broker Support
▪ Rated at 9/10To get crypto.com support, you should head to the help page, live chat, or use an email to air your queries or grievances. It feels bad to mention that customers cannot use phone calls to get in touch with the support team, which is the one thing that the company needs to work on. Though customer support is available via email or live chat services, many users report that the team doesn't address all the issues presented to them. Thus, customer service might not be one of the things that make crypto.com stand out from the competition.
Do they solve the problem?
If you have any questions to ask the support team, feel free to contact the live chat or email. But many customers claim that the company is not good at handling problems faced by their clients. However, that should not discourage you from trying to reach out to them. Since this is an issue they can work on with a snap, things can change at any time, do not hesitate to use the contact details to seek help from the platform.
FAQ
Is this a reliable site?
Crypto.com is one of the most reliable platforms you will ever come across. Despite the customer service team is a little reluctant, the company has recorded an excellent performance in other key areas, so go ahead and give it a try.
How does this company earn money?
The primary way that the company earns money is by charging you fees. It also acts as a wallet, and when you visit their website, and you take time there as you click on various buttons, the company will be earning some money. The company also earns money through interest on loans, currency conversion and withdrawal fees, sales fees generated from the NFTs marketplace, and by selling its stock to the firms that it has invested in.
Who started this company?
The company was founded in 2016 by Kris Marszalek.
Instruments available
▪ Rated at 9/10
crypto
CRO/BTC, ETH/BTC, LTC/BTC, XRP/BTC, EOS/BTC, ATOM/BTC, XLM/BTC, LINK/BTC Crypto.com Exchange QR code to scan with phone
Screenshots from Crypto.com Exchange
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Crypto.com Exchange Review Published: Tuesday, 27 Oct 2020 7:29 pm
Last Updated: Tuesday, 12 Apr 2022 8:32 pm
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