As we have seen people are taking a lot of interest in crypto trading and for that, it is always necessary to choose the best crypto exchange. That’s why today we are talking about one of the most popular crypto exchanges Crypto.com where users can buy and sell cryptocurrencies at a very low amount of fees.
Crypto.com was founded in 2016 in Hong Kong and it supports more than 250 cryptocurrencies, so users have a huge choice to choose from. Crypto.com serves 90 countries and its amazing features have made this platform quite popular. It has a very simple user interface that also makes it a good option for beginners. Users can buy and hold for as more as they want and the transaction gets placed very quickly.
Crypto.com also offer cryptocurrency credit card, decentralized exchange, their wallet, and the NFT marketplace. Users can also hold their cryptocurrency for a long time and can earn the internet of up to 14.5%.
This platform can be a good choice for users who are looking to invest in crypto coins like Ethereum, Bitcoin, and some more. The trading fee is very low at 0.40% and the amount will get decrease as the volume amount increases. So if you are unknown about this platform then just stay with us in this article where we will provide you the complete Crypto.com review so that you can decide whether it can be a good choice for you or not. Let us know more about it.
Features of Crypto.com
# Minimum Trade
Many people want to start with a low amount so that they can understand the market and the platform also. That’s why Crypto.com is providing the trading option more conveniently by allowing the minimum investment of just $1. With this amount, users can understand the volatility of the market and can also afford to pay this amount to invest in any cryptocurrency.
# Pricing
The pricing of Crypto.com is affordable as many other platforms. They are charging the users without any CRO staking of 0.4% on the trade having a monthly volume of less than $25,000. The trading fee is quite reasonable as compared to its competitors but not the least. The high trading users will pay 0.04% as a maker and 0.1% as a taker fee. If any user is holding 5000 CRO in their wallet then also they will get some concession in trading fee, which makes it quite convenient.
# Security
Security is one of the most important things that every user wants. That’s why Crypto.com comes with high-security features that include Multi-Factor Authentication and Whitelisting to keep the user’s account safe.
It is also the responsibility of the users to keep a high-security password for maintaining security. Crypto transactions at Crypto.com cannot be reversed and users need to take care of these things. Apart from security, Crypto.com also asks for customer deposits to keep in cold storage to prevent fraud and losses.
# Digital Wallet Option
Crypto.com offer multiple digital wallets to the users for more convenience and they also have their digital wallet option. There is a De-Fi wallet that allows users to earn rewards on tokens and all the investments are safely kept in cold storage. The Fiat currency deposited on this platform is held in a regulated bank account. Apart from that, the company has also kept some amount for security purposes if any theft or other issue make any type of loss to their customers.
# Mobile App
There is also a mobile app for the users through which all the trading can be done. Most US citizens are trading on their smartphones with the mobile app of Crypto.com. The app is available for iOS and Android, which can also get connected to another Defi wallet. So it will be convenient for the users to enhance the trading experience in the mobile app without any hassles.
# Customer Support
The company also provides a customer support facility for their customers so that they don’t have to face any issues. Customer support is available through chat only and users will get a timely reply if they found any issues but there is no calling service provided. Moreover, if a person wants to cancel their account then these inquiries will also get solved in email only, so users need to make sure these things before coming to this platform.
Pros
- They have an extensive list of cryptocurrencies that users can buy, sell, or trade on this platform. As it supports more than 250 cryptocurrencies with different trading options.
- They have some amazing discounted fee options available if a user is holding CRO tokens in their wallet. The fee will be charged only up to 0.40% with some discount available.
- The Cash Transfer Fee amount is low.
Also Read:- Best Bitcoin Exchange Sites to buy and sell bitcoins
Cons
- The amount charged from debit and credit cards is relatively higher than many other platforms.
- The customer support is not up to expectations because there is no direct conversation with the agent whom we can tell our issues briefly.
- No crypto-to-crypto trading facility is available.
- There is no more information about cryptocurrencies available on the platform, which makes it difficult for beginners to research.
Is your Cryptocurrency safe with Crypto.com?
As we all know that Crypto.com is running since 2016 and a lot of people have already participated to do trading on this platform. So if you want to know about Crypto Review then we will consider this platform as a safe platform. Users can use their wallets or app without worrying about anything because both of these things are very much safe.
In the US, most people are using Crypto.com for buying, selling, or trading cryptocurrencies. They found this platform very secure and we also have not listened to any fraudulent activities that happened with this platform. Many people are already using this exchange to store their cryptocurrencies like Bitcoin, Ethereum, and many more. No frauds are happening with users on this platform and users should know this thing.
The most amazing thing about this platform is that they don’t have any hidden charges, so your money will be fully secured on this platform. You will have to pay only the amount displayed on your screen, as there are no hidden charges. This feature makes it more secure and relevant to the customer’s views.
Apart from all these things, users should also know that this crypto exchange is not regulated. So if we talk about India then it is not fully secured because it is not regulated but still, we have not seen any cases regarding these things. So users should always keep these aspects in mind before starting trading in cryptocurrencies.
Overall, they have already provided some amazing security features for their users and that also makes it a perfect option for every user to trade on the Crypto.com platform.
CONCLUSION
So Crypto.com is a good platform for the users who want to trade in different cryptocurrencies, as they have more than 250 cryptocurrencies on their platform. Crypto.com always take its user’s security very seriously and that’s why they have high-security features. But still, we can say that it is a good option for pro traders where they can manage everything in their move app easily.