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Crypto.com Review

Last Updated: Aug 1, 2022  |  Published: Apr 6, 2022


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Our Review 

Crypto.com has 250+ coins, 20+ fiat currencies, and zero trading fees. We recommend it for their 5 crypto credit cards, dozens of features, or for the ability to earn interest on 50+ coins. However, it's very expensive for buying crypto with fiat and trading because of high spreads.

Where It Shines:

  • Crypto Credit Cards: Offers 5 different prepaid visa cards with 1%-8% cash back plus other perks
  • Earn Rewards: 50+ coins where you can put your crypto to work and earn 0.50%-12.50% p.a.
  • Lots of Features Overall: Visa cards, Crypto Earn, NFT marketplace, Missions, Rewards, 250+ coins and a lot of services to try
  • Good Security & Reputation: $750m insurance policy, +10m registered users, one of the largest crypto exchanges in the world

Where It Falls Short:

  • High Spreads On The App
  • Slow Deposit & Withdrawals: Depositing and withdrawing fiat is slower compared to other platforms
  • User Interface: The app can be very confusing to navigate and the layout is not very intuitive
  • User Interface: The app can be very confusing to navigate and the layout is not very intuitive

Crypto.com

Overview

Updated: Apr 6, 2022 | | Total Fees & Spreads: Coming Soon

Coins Offered

250+

Total BTC Purchase Fee

[coming soon]

Total BTC Selling Fee

[coming soon]

BTC Spread

[coming soon]

Trading Fee

Free

Fiat Wallets

20+ (USD, EUR, GBP)

BTC Withdrawal Fee

0.0006 BTC

Notable Features

5 crypto credit cards, earn rewards on 50+ coins, lots of features overall

Restricted Locations


Best Alternatives

Here are the best crypto exchanges around the world that are supported in many countries. We assessed 21 platforms across 40+ variables and 950+ data points.  

Binance
  • 600+ cryptocurrencies
  • Lowest spreads and fees in the industry
  • Most features in the industry
  • Not beginner friendly
Kucoin
  • Low spreads and fees if you fund your account with crypto
  • 700+ cryptocurrencies
  • Trade anonymously (all you need is an email right now)
  • Not beginner friendly
Crypto.com
  • Best crypto credit cards
  • Earn interest on 40+ coins
  • Lots of fiat currencies supported
  • High spreads
  • User interface
Coinbase
  • Best reputation, publicly traded company
  • Best for beginners
  • Beginner + Advanced trading
  • Very high fees overall
FTX
  • Low trading fees and low overall fees
  • Lots of advanced features
  • Hard for beginners
RankFinance

Find the best crypto exchanges with our free comparison tool


Compared

Compare the world's most popular cryptocurrency exchanges:

Name

Coins

# of Features

Standard Trading Fee

Supported Countries

Fiat Wallets?

BTC Withdrawal Fee

Website

240+

15+

0.10%

190+

No

0.0005 BTC

Binance

Binance 🏆(#1 overall)

600+

30+

0.10%

100+

Yes

0.0005 BTC

150+

15+

0.20%

?

Yes

0.0004 BTC

750+

10+

0.25%

180+

No

0.0005 BTC

50+

5+

0.50%

?

Yes

0.0005 BTC

300+

5+

0.75%

100+

Yes

0.0003 BTC

140+

15+

0.10%

180+

No

0.0005 BTC

170+

10+

3.99%

100+

Yes

Dynamic

110+

5+

0.60%

100+

Yes

Dynamic

30+

10+

0.10%

150+

Yes

0.15%

250+

20+

0.40%

90+

Yes

0.0006 BTC

40+

10+

0%

50+

Yes

0.50%

190+

20+

0.07%

180+

Yes

Free/Dynamic

1000+

30+

0.195%

190+

No

0.001 BTC

60+

15+

1.49%+

60+

Yes

0.001 BTC

60+

10+

0%

100+

Yes

0.0005 BTC

500+

20+

0.20%

130+

Yes

0.0005 BTC

190+

10+

0.26%

190+

Yes

0.00002 BTC

500+

20+

0.10%

190+

No

0.0005 BTC

350+

25+

0.10%

100+

No

0.0002 BTC*

300+

10+

0.155%

100+

No

0.0005 BTC

130+

10+

0%

180+

Yes

0.0003 BTC + $2.99


Screenshots

Updated: Apr 6, 2022

[Coming Soon]


Crypto.com Exchange

About Crypto.com

Crypto.com was founded in 2016 and is available in 90+ countries. Worldwide, they have over 50 million users, 4000 employees and are becoming a top crypto exchange. They also have big partnerships with companies like Visa, the UFC, Formula 1 and many more.

The company offers many features such as 200+ cryptocurrencies to trade, crypto credit cards, beginner and advanced trading, their own token called CRO and much more.

Some Stats:

  • Over 50 million users worldwide
  • Available in 90+ countries
  • 4000+ employees
  • Sponsorships with UFC, Visa, Formula1 and many more
  • Paid $700m to rename the Staples Center to Crypto.com Arena

Fees & Spread

Updated: Apr 3, 2022

Price Test & Spread

Price Test (Coming Soon)

Prices

Total BTC Purchase Fee

0.00%

Total BTC Selling Fee

0.00%

Trading Fee

Free

BTC Spread

0.00%

BTC Buy Price

$00,000

BTC Sell Price

$00,000

Ref. Price Difference

Buy:

Sell:

Reference Price (Google)

$00,000

More Information

We tested 20 cryptocurrency exchanges at the same time to compare the true fees. This data was collected on Mar 2, 2022 at 4:41pm and is subject to change since spreads and prices change daily.

  • *Total BTC Purchase Fee = Trading Fee + Buy Reference Price Difference
  • *Total BTC Selling Fee = Trading Fee + Sell Reference Price Difference

Keep in mind, there could be additional fees for depositing/withdrawing fiat. Check fees for your local fiat currency if it is supported on this exchange.

You can compare all platforms tested on this page

What We Found

Coming soon.


Deposit & Withdrawals

Updated: Apr 6, 2022

Fiat Currencies

Fiat Wallets

(Deposit/Withdrawals supported)

USD, AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, ZAR

Credit/Debit Card

Yes (3.50% fee)

P2P Exchange

No

Crypto Withdrawal Fees

Type

Fee

Minimum Withdrawal

Bitcoin

0.0006 BTC

0.0012 BTC

Ethereum

0.005 ETH

0.01 ETH

USDC

25 USDC

50 USDC

XLM

0.1 XLM

200 XLM


Platform & Features

Updated: Mar 29, 2022

List of Features:

  • iOS, Android and Web app
  • 250+ Cryptocurrencies
  • Instant Buy and Sell
  • Exchange (Pro Platform and separate app)
  • Recurring Purchases
  • Crypto Earn
  • Metal Visa Cards
  • Cronos (their own native token)
  • NFT Marketplace
  • 24/7 Customer Support
  • Supercharger
  • Lending & Borrowing
  • DeFi Wallet (separate app)
  • Referral Program
  • And More

1. iOS and Android App

Crypto.com is a mobile-only app available on iOS and Google Play. All trades are market orders and the user-interface can be a little tricky to navigate. There is a web version available for the Crypto.com Exchange which is their professional platform.

2. Trading Interface

  • Market Orders
  • Recurring Buys

3. Recurring Buys

Dollar cost average your way into the market with automatic, scheduled purchases. It's available for a handful of cryptocurrencies and payment methods include fiat, crypto or credit card. You can customize the day of the weeek and frequency (daily, weekly, bi-weekly, monthly).

4. Exchange (Advanced Trading)

The Crypto.com Exchange is their pro trading platform that is separate from the mobile app. On it, you have access to a live order book, technical charting tools and indicators via TradingView, market orders, limit orders and stop-limit orders.

You can also access other features like The Syndicate (token fundraising platform), Trading Arena (battles and competitions), a referral program and more.

5. Crypto.com Earn

Crypto.com Earn Feature

Put your crypto to work and start earning interest. The way it works is Crypto.com pays you rewards from income that they make from their other products and services. Here are some more details:

  • 50+ coins available
  • Rewards from 0.50%-12.50% p.a. (most of them are around 1%-3%)
  • Receive rewards every 7 days
  • 3 Levels: Flexible (withdraw anytime), 1 month and 3 month terms
  • Rose Gold, Icy White or Obsidian cardholders get a 2% CRO bonus

You can compare interest rates on other platforms that let you earn rewards or stake such as KrakenKuCoin and FTX.

6. Metal Visa Cards

One of their main features is the prepaid crypto credit cards in partnership with Visa. At the time of this writing, they offer 5 different card tiers that offer 1% to 8% cashback in CRO on your purchases. 

The rewards are fantastic and can include up to 8% cashback, free Netflix, Spotify and more. The downside is it's very expensive to get the highest rewards. Only 1 card is free (which gives 1% cashback) and the rest require you to stake $400-$400,000 of CRO to get the higher tiers. 

7. Cronos (Utility Token)

Crypto.com has its own utility token, Cronos, which powers many features on the platform. Owning Cronos can provide higher staking rewards, reduced transaction fees, better Visa rewards and more.

8. NFT Marketplace

  • Buy, sell, and showcase NFTs
  • Brands like UFC, Aston Martin, and more
  • Join live drops or trade on the marketplace

9. Supercharger

Supercharger is similar to Earn but has limited time promotions. It's a liquidity mining platform that lets you easily mine popular DeFi tokens and earn up to 75% APY.

To get started, you can deposit Cronos into the pool to start earning a specific token. Then, you can withdraw at any time. You will receive rewards in your account daily.

10. Lending & Borrowing

11. Crypto Pay

Earn rewards and extra cash back by buying gift cards, sending crypto to friends, or topping up your prepaid phone with crypto.

12. Other Features

  • Futures Trading (on the Exchange)
  • Referral Program
  • Create Watchlists
  • Missions
  • DeFi Wallet (separate app)
  • Light Mode/Dark Mode
  • Price Alerts
  • Research Center
  • News from inside the app

Security

Updated: Mar 29, 2022

Company Security Features

  • They claim 100% of users funds are held in offline cold storage using Ledger Vault
  • $750 million cold storage insurance policy for physical damage and third-party theft
  • KYC required (must prove identity to trade)
  • Dedicated team to monitor for suspicious transactions
  • Software is peer reviewed before being updated
  • Employees take security awareness and privacy training
  • Bug bounty program - get paid to find hacks and vulnerabilities
  • Good reputation - partnerships with Visa, Formula 1, UFC and many more which adds legitimacy
  • See their security page for more

User Security Features

  • 2 Factor Authentication (via app like Google Authenticator, Authy, etc)
  • Optional passcode when opening app
  • Biometric login (eg: face ID, touch ID)
  • Create Anti-Phishing code to identify legitimate emails
  • Set up address whitelists
  • View live status in real-time

Can You Trust Them?

Yes, Crypto.com is considered a safe crypto exchange. They hold crypto in cold storage, have a $750 million insurance policy and offer 2FA, address whitelisting and many other security features.

⚠️ Although Crypto.com is safe, over 50% of platforms we tested have had hacks or incidents in the past. We strongly recommend storing and protecting your crypto on a non-custodial wallet where you own the private keys. Preferably, a reputable hardware wallet like the Ledger Nano X.


Customer Support

Updated: Mar 29, 2022

You can easily contact Crypto.com customer support from inside the mobile app. They are available 24/7 and it says they typically respond within a few hours. In addition, they have a detailed knowledge base with FAQs, articles and walkthroughs. There is also a live status page where you can view incidents in real-time.

Crypto.com Customer Support
Crypto.com

Crypto.com

Get $25 Free When You Stake For A Ruby Visa Card Or Higher