Crypto.com

Crypto.com Review: How It Works

Crypto.com is a well-known cryptocurrency exchange that accepts a lot of different currencies and things that work with the blockchain. It’s easy for people to buy, sell, and trade a lot of different currencies at low prices. It also has bitcoin credit cards, a decentralized exchange, a crypto wallet, and an NFT market. There are other ways to make money with your crypto, too. For example, you can stake your crypto or keep it in a Crypto.com wallet for a certain amount of time. 

Crypto.com might be a good choice for people who want to buy and hold digital currencies like Bitcoin and Ethereum. Fees are capped at 0.40 percent, but they go down with more trading volume or CRO currency holdings. Crypto.com now supports 150 currencies and has a wide range of order types, as well as the ability to trade crypto futures. 

Keep in mind that the cryptocurrency market can be very volatile, so only invest money you can afford to lose. 

Pros: A lot of coins are supported. Fees are transparent and competitive, and there are discounts for people who use them. 

Cons: If you don’t keep and use CRO, you’ll pay more in fees. Customer service is bad, and it can be hard to figure out how to get trading fee discounts. 

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Watch the below video on Crypto.com:

Read on to learn more about Crypto.com.

Benefits

* There are a lot of cryptocurrencies that can be used: In total, there are more than 150 cryptocurrencies that you can trade. There are also futures, complex order types, and spot trading. 

1. Crypto.com has transparent, competitive fees with discounts: The fees for trading on Crypto.com can be as low as 0.40 percent, but there are also discounts. 

2. Crypto.com allows for a wide range of cryptocurrency products, such as trading, staking, and swapping. So does a credit card and cryptocurrency wallet. You can also invest in NFTs with the credit card and wallet, as well as buy them. 

The Negatives 

You’ll pay more if you don’t have and use CRO: Users who have a lot of CRO on Crypto.com can get a discount on their trading fees. 

* Poor customer service: People have been unhappy with the speed and quality of customer service responses. It can be hard to figure out how to get trading fee discounts on Crypto.com: The trading fee discount tiers on Crypto.com can be hard to understand. 

A closer look at crypto.com business 

When Crypto.com was made in 2016, it was made in Hong Kong. It now has more than 10 million customers and more than 150 coins. If you live in one of the 90 countries where Crypto.com has users, you can use their unique cryptocurrency-related financial services. 

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Crypto.com is great for people who are new to cryptocurrency because it has a wide range of currencies, a reasonable price, and extra services. On the other hand, novices might be overwhelmed by the many choices. 

In general, Crypto.com is good for people who want to do more than just buy and hold bitcoins. It’s good for people who want to trade quickly and for people who want to use cryptocurrency as a currency instead of a store of value. 

Cryptocurrencies can be bought on Crypto.com. 

For spot trading, Crypto.com supports more than 150 currencies, with a few of them being able to be staked. In spite of the fact that there are a lot of currencies that aren’t on this list, you should be able to buy and sell most of them. In this link, you can see all of the assets that are available. 

There are a lot of popular assets on the site, like Bitcoin (BTC), Ethereum, Cardano (ADA), Dogecoin (DOGE), Polkadot, and many more (DOT) 

Also, Crypto.com’s own coin, CRO, is for sale. A lot of money in the company means that you get lower trading fees, better interest rates for putting money into the company, and bigger credit card rewards. 

Customer service 

Customer service at Crypto.com can be reached by email, live chat, and a help website, and they can also get help. Customers of Crypto.com don’t have the option of getting help over the phone. Despite the fact that email and live chat are available for customer service, many people have complained about slow responses and not getting help with account issues. 

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Conclusion

Generally, crypto.com is a very good platform. however, few bad reviews are about customer service, frozen accounts, and withdrawal problems. Also few have said that their accounts have been hacked and that money has been stolen; which is not significant from general perspective. 

Cryptocurrency exchanges are known for having poor customer service, and Crypto.com is no different. Think of Crypto.com as a self-service website because customer service isn’t always very helpful and it’s better to think of it that way instead. It’s probably better for people who know a lot about online financial products and don’t need a lot of help.

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