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What is Crypto.com?
Crypto.com is a popular cryptocurrency exchange and financial services platform that allows users to buy, sell, and trade digital assets, as well as earn interest, pay with crypto, and access various investment products.
Founded in 2016 as Monaco Technologies and rebranded to Crypto.com in 2018, the platform has grown into one of the largest crypto exchanges globally, offering a mobile app, a Visa card, and a decentralized wallet.
How does Crypto.com work?
Crypto.com works by providing a centralized exchange where users can create an account, deposit fiat or crypto, and trade a wide range of digital assets. The platform also offers a non-custodial wallet for storing private keys and interacting with DeFi applications.
Key features include spot trading, staking, lending, and a prepaid Visa card that lets users spend crypto at millions of merchants.
Is Crypto.com safe and legit?
Yes, Crypto.com is a legitimate and regulated platform, but like all crypto services, it carries risks. It is licensed in various jurisdictions and uses industry-standard security measures such as cold storage, two-factor authentication, and insurance for certain assets.
- Regulated: Holds licenses in the U.S., Canada, Europe, and other regions.
- Security: Most funds held in cold storage, with insurance coverage for digital assets.
- Track record: Operating since 2016 with millions of users.
However, always do your own research and only invest what you can afford to lose.
What are the fees on Crypto.com?
Crypto.com charges trading fees that vary by order size and volume, with standard spot trading fees ranging from 0.35% to 0.40% for makers and takers, but they can be reduced by holding CRO tokens or using higher tiers.
Other fees include credit/debit card purchase fees (up to 3.5%) and withdrawal fees that depend on the network. The exchange offers a fee calculator for transparency.
How to buy crypto on Crypto.com?
To buy crypto on Crypto.com, you need to create an account, verify your identity, deposit funds, and then place a buy order for the desired cryptocurrency.
- Download the Crypto.com app and sign up.
- Complete KYC verification.
- Deposit fiat via bank transfer or card.
- Select a cryptocurrency and choose 'Buy' to execute a market or limit order.
The purchased crypto is stored in your Crypto.com wallet or can be transferred to an external wallet.
What is the Crypto.com Visa card?
The Crypto.com Visa card is a prepaid card that lets users spend their crypto or fiat balances at any merchant that accepts Visa, earning cashback in CRO tokens.
Card tiers (e.g., Ruby Steel, Royal Indigo, Jade Green) offer different benefits like higher cashback rates, airport lounge access, and rebates on Spotify and Netflix. To get the card, users must stake a minimum amount of CRO for 180 days.
What is CRO?
CRO is the native cryptocurrency of the Crypto.com ecosystem, used for staking, paying fees, and earning rewards.
It powers the Crypto.com chain, a blockchain for fast and low-cost transactions. Users can stake CRO to earn interest, get better card rewards, and participate in governance.
How does Crypto.com compare to Coinbase?
Both Crypto.com and Coinbase are major exchanges, but Crypto.com offers more diverse products like a Visa card and a wider range of staking options, while Coinbase is often considered more beginner-friendly with higher fees.
- Fees: Crypto.com has lower trading fees than Coinbase's standard fees.
- Card: Crypto.com offers a crypto debit card; Coinbase does not (as of 2026).
- Currencies: Crypto.com lists more tokens.
- User experience: Coinbase has a simpler interface for beginners.
The choice depends on your priorities: lower fees and card benefits vs. ease of use.