Crypto.com

review
Crypto.com is one of the most popular crypto exchanges, they are well known for their huge marketing campaigns such as The Staples Center purchase (Crypto.com Arena), Super Bowl Ads, etc. The company was initially founded by Gary Or, Kris Marszalek, Bobby Bao, and Rafael Melo in 2016 as “Monaco” but in 2018, the company was renamed on Crypto.com due to a domain purchase from cryptography researcher and professor Matt Blaze which valued the domain at USD 5-10 million.
 
Crypto.com offers a mobile application for buying and selling cryptocurrencies, a VISA cryptocurrency card, a decentralized cryptocurrency wallet, a payment protocol, an online crypto exchange, and many other products and services. In short, the entire infrastructure for the adoption of cryptocurrencies.
 
Crypto.com also has its own chain called CRONOS with utility token CRO which is core for their whole ecosystem. Using CRO provides many benefits such as discount fees, purchase cashback or you can stake your CRO tokens for up to 10% yearly. Between May 2020 and February 2021 alone, the number of clients increased from 2 to 10 million.
 
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Score Android - Score Android
Score iPhone - Score iPhone
Location - Location
Currencies - Currencies
Languages - Languages
Buy with - Buy with
Fees - Fees
Altcoins - Altcoins
Margin trading
Trust score
Beginner friendly
Stability
Fiat
Support speed
Safety
API
Rest API
Websocket
Mobile app
Credit card
Referral
Two factor authentification
Withdrawal limit
Verification time
Lending
Stop limit
US licence
PGP support

ADVANTAGES OF CRYPTO.COM

Binance has many advantages, such as

  • Buying and selling crypto for fiat
  • Earn interest on crypto (staking)
  • Crypto.com payment card
  • More than 250 cryptocurrencies supported
  • Strong security
  • Low fees
  • High liquidity
  • Advanced platform
     

DISADVANTAGES OF CRYPTO.COM

  • KYC verification required
  • Higher fees unless you hold and use CRO token
  • Bad customer support

Manuals for Crypto.com

Trading fees

Maker-taker fees for Crypto.com differ according to your 30-day trading volume, (staking CRO tokens discount not included)

Tier Trading volume in 30 days MAKER / TAKER fee (spot)  MAKER / TAKER fee (derivates) 
 1  up to $25,000  0.40 % / 0.40 %  0.050 % / 0.070 %
 2  up to $50,000  0.35 % / 0.35 %  0.040 % / 0.065 %
 3  up to $100,000  0.15 % / 0.25 %  0.030 % / 0.060 %
 4  up to $250,000  0.10 % / 0.16 %  0.025 % / 0.040 %
 5  up to $1,000,000  0.09 % / 0.15 %  0.020 % / 0.035 %
 6  up to $20,000,000  0.08 % / 0.14 %  0.015 % / 0.030 %
 7  up to $100,000,000  0.07 % / 0.13 %  0.010 % / 0.025 %
 8  up to $200,000,000  0.06 % / 0.12 %  0.005 % / 0.020 %
 9  above $200,000,000  0.04 % / 0.10 %  0.000 % / 0.015 %

 

VIP Trading fees

Tier 30D Trading volume (USD) MAKER TAKER
VIP 1  > 1% of exchange volume  0.020%  0.040%
VIP 2   > 2% of exchange volume  0.010%  0.030%
VIP 3   > 3% of exchange volume  0.000%  0.020%

 

Required number of CRO tokens   from 0 CRO from 5,000 CRO from 10,000 CRO from 50,000 CRO from 100,000 CRO from 500,000 CRO from 1,000,000 CRO from 5,000,000 CRO from 50,000,000 CRO
Discount on fees 0 % 10 % 20 % 40 % 60 % 70 % 80 % 90 % 100 %

 

Deposit fees

There are no fees for crypto deposits.

Withdrawal Fees

Withdrawal fees are changing rapidly due to market dynamics, for current fees please visit: https://crypto.com/exchange/document/fees-limits

There is a 2.99% fee for credit card purchases.

 

Bank Transfer Limits

Retail Accounts

USDC Bank Deposit Limits

MINIMUM MAXIMUM PER DAY MAXIMUM PER MONTH
100 USDC 1 000 000 USDC 10 000 000 USDC

 

USDC Bank Withdrawal Limits

MINIMUM MAXIMUM PER DAY MINIMUM PER DAY
500 USDC 500 000 USDC 2 000 000 USDC

 

Institutional Accounts

USDC Bank Deposit Limits

MINIMUM MAXIMUM
500 USDC Unlimitited

USDC Bank Withdrawal Limits

MINIMUM DAILY MAXIMUM
500 USDC 10 000 000 USDC

Security rating of Crypto.com

Features:

Crypto.com App - The mobile app which offers an easy way to buy and sell crypto.  

Crypto.com Wallet - The wallet is centralized, so it means tokens are held on Crypto.com accounts.

Crypto.com DeFi Wallet - It is a decentralized wallet for your crypto holdings. Private keys and seed is held by users, so nobody else has access to the wallet (not even Crypto.com).

Crypto.com Exchange - Web crypto exchange for cryptocurrencies and crypto derivates trading. Exchange is available from a web platform and in near future, there should be a mobile app as well.

Crypto.com Payment card - A payment card from VISA, offers a deposit from 9 different cryptocurrencies and 6 fiat currencies. You can manage your card via Crypto.com App.

Crypto.com Token CRO - CRO is the main utility token on the CRONOS network, which is key for the whole Crypto.com ecosystem.

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