Crypto.com Exchange Review
In this Crypto.com Exchange Review we give a non-biased review of this crypto platform and share details about features, promotions and our insights gleaned from their site.
Disclaimer: Under NO circumstance should this review be interpreted as a recommendation to trade or an endorsement of a trading platform, supplier or of a specific cryptocurrency.
Crypto.com Exchange Review – QUICK NAVIGATION
QUICK FACTS – Crypto.com Exchange
Founded: 2016
Type: Trading platform/crypto exchange
Founder: Kris Marszalek
Headquarters: Switzerland
Deposit methods: 38+ cryptos
Sign-up: Trade at Crypto.com and claim 2% CRO deposit bonuses for 30 days. Sign-up Now.
Crypto.com Exchange Review:
Crypto.com exchange was launched in 2016, with an HQ in Switzerland and office in Hong Kong and Singapore. With a goal of building products that outperform banks, their mission is to ‘Accelerate the world’s transition to cryptocurrency.’ Crypto.com is now available across Europe, UK, USA and Singapore, running on CRO and offering deep liquidity, 38+ coins, low fees and the aim of best execution prices. New users can gain a 2% Crypto.com Coin (CRO) bonus on deposits for 30 days. With some futuristic features, including Metal Visa cards, crypto interest, and DeFi services, our full Crypto.com review will give you the insight needed to decide if the exchange suits your investing and crypto needs.
Crypto.com Exchange Bonuses: Sign up bonus
At the time of this Crypto.com review, the brand is offering a 2% Deposit bonus as an incentive to new traders who sign-up and deposit.
Welcome bonus at Crypto.com
You can earn a 2% Crypto.com Coin (CRO) bonus on your first deposit at Crypto.com. Simply fund your account and you’ll receive a top-up of 2% on all direct deposit made to your Crypto.com Exchange Wallet address, within 30 days from opening your account. The bonus is paid in CRO, which is is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the brand. This is an interesting coin, since Crypto.com raised US$26.7 million in funding, through one of the most successful Token Sales in crypto history.
Trading on Crypto.com exchange
Although you can use professional trading features if you’re an experienced market player, the fundamentals of trading on the Crypto.com platform is fast and simple.
How to place a Trade
To buy and sell cryptocurrency on Crypto.com you just need to follow these steps:
- Log In (upper right-hand corner).
- Navigate to the Markets page on the top left of the interface
- Select the market you wish to trade.
- Navigate to the pair you wish to trade in (e.g. ETH/BTC) and pick Trade.
- Navigate to the bottom right corner to find the Limit, Market, and Advanced order zone.
- Select the type of order you want to trade with and fill in the required data.
Fees
Fees on Crypto.com Exchange
Crypto.com offers feee free deposits and free withdrawals for the first 30 per month. Where fees are applicable, are when making trades. Fees are charged at 1%, and get lower as your trading volume increases past pre-defined thresholds. At the time of this Crypto.com review, the platform uses a classic Maker-Taker fee model.
Past 30-Day Trading Volume
Crypto.com has tiered fees, based on your trading volume over the past 30 days (the total is calculated daily, using USD at the time of this Crypto.com review). There are six VIP Tiers that you can progress through, with fees changing based on eight levels of trading volume (level one can be seen in the screenshot below).
30-Day Volume (USD) | Maker fees | Taker fees |
0 – 50,000 | 0.200% | 0.200% |
50,000 – 1,000,000 | 0.120% | 0.180% |
1,000,000 – 10,000,000 | 0.050% | 0.150% |
10,000,000 – 60,000,000 | 0.020% | 0.100% |
60,000,000 and more | 0.000% | 0.080% |
Withdrawal on Crypto.com Exchange
Crypto.com offers fee-free withdrawas for the first 30 made per month. At the time of this Crypto.com review, all deposits are held in cold storage (for security). As a result, withdrawals to external wallets, are virtually instant, but in some cases may take up to two hours to be processed. Crypto.com are working on their platform, to deliver truly instant withdrawls. You can withdraw using 38+ crypto currencies and fiat transfers.
User Experience on Crypto.com Exchange
Navigation
Crypto.com is cutting-edge when it comes to its slick and professional platform design. This includes excellent space design, which creates a feeling of ergonomics across devices – inclusive of clear navigation options and fast page transfer.
Charts
The charts at the time of this review, mirror the cutting-edge design and navigation. The interactive charts offer plenty of dynamics and support in-depth market analysis and support rapid trading decisions.
Offerings/Markets
Crypto.com offers 38+ crypto markets, featuring CRO, USDT, BTC, ETH, XRP, LTC, EOS, XLM, USDC, ATOM, LINK, XTZ, BCH, MCO, VET, ICX, ADA, ENJ, ALGO, KNC, NEO, DAI, PAXG, BAT, COMP, OMG, MANA, QTUM, CELR, MKR, UNI, YFI, BAND, EGLD, WBTC, AAVE, DOT, and REN.
Other products
Crypto.com offers several interesting products and features, including:
Syndicates: Join an array of crypto syndicates such as the current Ren Event ($250,000 USD worth of REN to buy for syndicate members).
Earn Rewards: Keep crypto in your Exchange account and earn daily rewards and daily interest. Staking CRO for 180 days or more will gain you 10% APR daily.
Mobile Experience
Crypto.com can be used via desktop and laptop, or via mobile devices with the Crypto.com App. The mobile option offers all the same features and quality as the standard platform.
Crypto.com credit + loans
Crypto.com offers the world’s first free metal crypto-linked Visa card with up to 8% crypto cashback, airport lounge access, Netflix/Spotify/Expedia/Airbnb rewards and more. This is a must-have bit of fin-tech for crypto enthusiasts. You can also deposit crypto and receive instant DeFi loans, with competitive rates compared to conventional lenders.
Security & Governance
Based in Switzerland, Crypto.com uses Amazon Web Services (AWS) and its security power and services, including network and web application firewall capabilities. Controlled encryption with TLS (Transport Layer Security) is used across all services. Cold storage is used for deposited funds and is backed by a US $100M direct insurance policy led by Arch Underwriting at Lloyd’s Syndicate 2012.
Support & Social
You can follow Crypto.com exchange on social media, including on Twitter @cryptocom
The brand has excellent customer support via multiple channels, as well as a very insightful range of FAQs, guides and a world-class crypto blog.
Promotions
Along with a good stream of general promotions, you can enter unique trading battles and competitions, such as the VIP API Race Trading competition at the time of this review – with a USD $100k+ prize pool.
Crypto Exchange: Our Rating of Crypto.com Exchange
Crypto.com is a highly innovative and forward-thinking crypto exchange and trading platform, offering the options needed for amateur and professional crypto speculation. With 38+ crypto coins to deposit and trade, Crypto.com comes excellent levels of security and governance in Switzerland. If you’re new to Crypto.com then you can enjoy a 2% CRO bonus on all deposits for 30 days, as well as enjoying the brand’s futuristic Metal Visa cards. At the time of this Crypto.cm review, the brand is highly recommended, and looks perfectly positioned to evolve as the world goes digital.