To begin the Crypto review, we have to know about the company initially. Crypto.com is a known Cryptocurrency exchange in Hong Kong.
Established in 2016, Crypto.com has developed into an independent and renowned international Cryptocurrency hub with a comprehensive crypto ecosystem figure upon its Exchange, DeFi swap, Crypto.com App, Crypto.com Price, DeFi Wallet, crypto lending, and staking.
It also provides various other currencies services to its users.
According to our Crypto.com review, it operates with regulatory financial institutions entirely over the international domains and wishes to carry out a convenient way to buy, sell, trade, and spend cryptocurrencies. In order to do that, the company has spent a huge amount in developing customer-friendly applications.
Crypto.com Review
The Crypto.com App ensures that every customer buys and sells Bitcoin over top 21 fiat and top 80 cryptocurrencies, creating payments and offering low trading fees. Its non-custodial Crypto.com DeFi Wallet endows you to regulate your private keys.
Bidders can capitalize utilizing the mobile app supporting all trade currencies at a time. It charges a very low fee for withdrawals and deposits.
General info
- Web address: Crypto.com
- Support contact: https://help.crypto.com
- Main location: Hong Kong
- Daily volume: BTC
- Mobile app available: Yes
- Is decentralized: Yes
- Parent Company: MCO Malta DAX
- Transfer types: Credit Card, Bank Transfer, Crypto Transfer, Debit Card
- Supported fiat: USD, EUR, GBP, JPY +
- Supported pairs: 80
- Has token: CRO
- Fees: Low
History of Crypto.com
Monaco Technologies GmbH launched Crypto.com in June 2016. The founder of the company and its current CEO is Mr. Kris Marszalek.
At the start of 2017, Monaco launched its own token. Also, we found in the Crypto.com review, that in July 2018, Monaco declared its rebranding to Crypto.com and initiated shipping its MCO Visa Cards.
By the end of 2019, Crypto.com launched its own crypto-to-crypto exchange aiming to conquer a larger market share amid crypto traders.
Features of Crypto.com
Crypto.com enables users to spend Crypto with their renowned MCO Visa Card offers up to 8% cashback. It also facilitates customers to access Crypto loans via Crypto credit offering 50% LTV.
Review on key features of Crypto.com
- Buy and sell more than 80 cryptocurrencies with 21 fiat at their true cost utilizing Crypto.com App
- Pay for daily expenditures with crypto utilizing the Crypto.com App and steadfast VISA card.
- Deposit crypto and receive up to 12% p.a. pay in weekly with Crypto Gross.
- Trade top cryptocurrencies with the lowermost fees in the business
- VIP 1 tier users can trade net up to 0.10% on taker fees when they trade cryptocurrencies on the Exchange.
- Customers can contribute and buy crypts with 50% off when betting CRO.
- Crypto.com Exchange Referral Program offers a USD 2,000 referral bonus and 50% of the trading fees on a successful referral.
These are the key features that our team discovered during the Crypto.com review.
Crypto.com Popular Country as per our Review
As per the Crypto.com review, the exchange is operating in most nations worldwide, counting Europe, the United States, Australia, Canada, Latin American countries, Russia, and some Asian and African states.
Pros & Cons of Crypto.com
The Hong Kong-based exchange-allowing customers to trade on top 80 Cryptocurrencies and top 21 fiat currencies do have some cons, which traders must be aware of. However, it also has several pros to believe in.
Pros of Crypto.com
- Easy and simple trading interface for beginners
- Minimum fees
- Regulated and dependable platform
- Allowing users to buy and sell crypto with fiat, credit/debit card, or Cryptocurrency
Cons of Crypto.com
- Exchange is accessible on desktop only
- Low privacy better security system
- All Crypto products are not accessible in all jurisdictions
Crypto.com Scam Over the Years
It has been more than five-year that Crypto.com never has reported a single fraud on the Cryptocurrency market.
It delivers an outstanding platform for clients to trade in numerous currencies. It has a robust IT security system, which allows it to stay protected from any deception over the years.
There has not been a single swindle reported in contradiction of the exchange. This is what we revealed in the Crypto.com review.
Crypto.com App Review
The company has developed an outstanding Crypto.com application that runs on all smartphones. The application can run on Android and iOS operating systems. The featured app is available on the respective Google Play Store and Apple Store.
Crypto.com Review on App [Google Play Store]
According to the Crypto.com review, our team has found that the respective app has scored 3.9 stars with 45,196 downloads. Users have appreciated it’s simple and easy to understand interface.
Crypto.com App Review [Apple App Store]
According to the Crypto.com review, our team has found that the respective app has scored 3.4 stars provided by the customers. Users sometimes have found some technical error in the application.
Fees Structure of Crypto.com
In discovering everything about the Crypto.com review, we found that the exchange charges trading and withdrawal fees. Entire trading fees are anchored-on 30-day trading volume. Traders get an option to stake on CRO tokens. With an increase in CRO tokens, users get a bigger stake of discounts in the trade.
Deposit Rules of Crypto.com
As per our Crypto.com review, the Hong Kong-based exchange charges no fee on deposit.
Withdrawal Rules of Crypto.com
As with all Blockchain transactions, they come with a fee withdrawal fee. A withdrawal from Crypto.com is an on-chain business of relocating crypto to an exterior Cryptocurrency address.
Maker and Taker of Crypto.com
The maker-taker fee model is usually used all over Cryptocurrency exchanges. Maker and Taker fees are charged when the trade is executed and matched, and not when the trade instruction is created. In the Crypto.com review, we could find relevant data to produce the details about the Maker and the Taker fee. Of course, there is a fee, which is charged as per the level provided by the exchange.
Short Summary on Crypto.com
According to the Crypto.com review, the company was established in the year 2016.
From the day of the establishment to date, the Hong Kong-based Cryptocurrency exchange has not reported a single scam over these five years.
It is an independent global Cryptocurrency centre allowing to trade DeFi swap, Crypto.com App, Crypto.com Price, DeFi Wallet, crypto lending, and staking.
Over or equal to 5000 CRO, the exchange claims 0.04% to 0.10% Maker fee depending upon the level and 0.10% to 0.16% Taker fee from the customers.
All these charges are applied according to the levels. As mentioned, buyers can trade over top 21 fiat and top 80 cryptocurrencies paying the lowest fee on deposit and withdrawals.
There is a lot remaining to cover in the Crypto.com review, users may visit the website for more details.
