Crypto.com experiences 2022
Anyone who deals with cryptocurrencies has certainly heard of the crypto exchange Crypto.com, no other exchange does so much public relations and advertising. It was founded in 2016 and is based in Malta.
Here you will find experiences that we made in our test on Crypto.com.
What sets Crypto.com apart?
Crypto.com has become known in recent years for its crypto credit card, which is now the most widely used of its kind in the world. The exchange's own token (CRO) has become very popular in recent months and has also been able to achieve significant price gains. This is due to Crypto.com's excellent advertising strategy.
Crypto.com serious & secure?
The exchange was the first exchange ever to receive the class 3 license (VFA) granted by Malta for the regulation of exchanges. You can never say 100% whether a crypto exchange is secure, but in our tests we could not find any defects that indicate a lack of security.
In addition, Crypto.com uses 2-factor authentication and an anti-fishing code for emails.
fees
The fees on the Crypto.com trading platform are between 0.1-3%, which is relatively high on the one hand and very confusing on the other, since there is no precise information on what fees you have to pay. If you go to the Crypto.com Exchange, the fees drop a bit, but it's also very unclear here what fees you're paying for.
Deposit/ Withdrawal
Crypto.com offers deposits via SEPA transfer, debit card, credit card or cryptocurrencies.
For the payment you have to decide between bank transfer or cryptocurrencies.
Crypto.com does not charge any fees for withdrawals or deposits.
Registration
Registration at Crypto.com only requires an email address and a password, KYC verification is only required if you want to trade larger amounts or if you want to order the debit card from Crypto.com. By registering through our website you will receive a $25 welcome bonus.
user interface
The exchange is characterized by a simple user interface, which of course appeals to many beginners.
This also has to do with the fact that Crypto.com does not offer as many options as other large exchanges such as KuCoin.