Crypto.com is a well-known exchange, and it’s likely you see their advertisements frequently. This trading platform is aimed at first-time investors, and its array of features provides a good newbie experience and easy first crypto purchases. Bank transfer deposits are free, and card deposits are some of the cheapest across all exchanges.
We found trading fees as the biggest downside to Crypto.com, which can sometimes be higher compared to other larger crypto exchanges. Those who trade crypto on a daily basis likely want to explore other exchanges with cheaper trading fees. However, the safety, seamless fiat-to-crypto conversions and solid amount of features make Crypto.com a good option for casual investors.
Crypto.com Features Overview:
- Deposits: Cryptocurrency Bank cardsBank transfers
- Beginner trading: Beginner-friendly interfaceSpot tradingMobile appCopytradingRecurring buys
- Advanced trading: MarginFuturesOptionsTokenized stocksStocks CFDs On-chain trading Trading bots
- Financial services: Fiat withdrawalsDebit ATM cardsCrypto loansP2P tradingStaking & Earn
- Other features: Dark themed interfaceSubaccountsNFT marketplaceWeb3 walletTravel Rule compliant
Crypto.com Fees:
Direct fiat deposits are available at Crypto.com with:
| Payment Method | Deposit Fee | Withdrawal Fee | Processing Time |
|---|---|---|---|
 Credit/Debit Cards | 2.99% | Not available | Instant |
 ACH Transfers (US/USD) | No fee | No fee | 1-3 Business Days |
 SEPA Transfers (EU/EUR) | No fee | €1 | 1-2 Business Days |
 SWIFT Transfers (International) | No fee | $25 | 3-5 Business Days |
 Faster Payments (UK/GBP) | No fee | £1.90 GBP | 1-3 Business Days |
 PIX (BR/BRL) | No fee | No fee | Instant |
 FAST Transfers (SG/SGD) | No fee | $2 | 1-3 Business Days |
 Other Bank Transfers | No fees | $1.99 CAD, SGD $1.99 | Varies |
 Google Pay | 1.49% | Not available | Instant |
 Apple Pay | 1.49% | Not available | Instant |
 PayPal | 2.99% | Not available | Instant |
Crypto.com Available & Restricted Countries:
Website or mobile app is translated into 15 languages:
In most cases customer support is also available in supported languages, but check the platform to verify.
Crypto.com Review
Crypto.com is one of the most recognizable names in the cryptocurrency industry. The exchange has been operating since 2019, and made a name for itself with mainstream partnerships, but also convenient beginner-friendly crypto buying.
This exchange is one of the most popular entry points into crypto. Direct deposits are available through bank transfers, cards, and other methods, making this one of the easiest fiat on-ramps for first-time buyers.
In the rest of this review, we’ll take a look at Crypto.com’s features, and do a deeper dive into fees, trading and safety.
Why Use Crypto.com?
Crypto.com caters to complete beginners, thus its user interface and overall experience will be easy to use and learn even for those starting out. Crypto.com is best for beginner investors who need a safe, reliable and cheap fiat gateway.
The platform can also be used for regular crypto trading, but the fees can make high-volume trading costly. Additional financial services such as staking or debit cards are available for earning more or spending.
- One of the most regulated and reliable exchanges.
- Free deposits via bank transfers, and very cheap card deposits.
- Staking available for 20+ assets, with APR from 1.5% to 12%.
- Gift cards available in 40+ countries.
- Debit Visa card (both virtual and physical) available for EU and US, Singapore, Canada, and more, with up to 7% cashback rewards.
- Average derivatives trading fees, further discounted when using native token.
- Max 10x leverage on margin, and 20x on futures.
- Many restricted countries for spot trading, and more countries restricted from derivatives trading.
- Frustrating login and ID verification options for desktop-only users, installing the mobile app is mandatory.
- Very high spot trading fees.
Fiat Deposits and Withdrawals
The platform is one of the safest and cheapest exchanges for converting between local currencies and cryptocurrency.
Is Crypto.com good for first-time Bitcoin buying?
Those buying Bitcoin for the first time will find a varied selection of payment methods such as:
- Visa and Mastercard bank card deposits, available with some of the cheapest fees in the industry.
- Bank transfers in USD (ACH via Plaid; Fedwire, CUBIX), Euros (SEPA), GBP (Faster Payments).
- BRL deposits via PIX payment system is available to users from Brazil, with local bank SGD and CAD deposits available to users from Singapore and Canada.
- SWIFT bank transfers available for other currencies and countries.
- Deposits via Google Pay and Apple Pay are some of the cheapest we’ve found.
- In addition, Crypto.com offers deposits through PayPal, but this is only available in United States.
Overall, all payment methods have some of the lowest fees in the industry, with many bank transfers available with zero fees. And in case you already purchased cryptocurrency elsewhere, you’ll be happy to know Crypto.com does not charge any crypto deposit fees.
Is Crypto.com good for cashing out?
For fiat withdrawals, Crypto.com is also an excellent option. All of the bank transfers supported for deposits also support withdrawals, and fees are equally reasonable. For example, withdrawing EUR through SEPA only costs €1. You will not be able to withdraw through Google Pay, Apple Pay, PayPal, or bank cards.
Another convenient way to turn crypto into cash is through Crypto.com’s Visa card, available in United States, Europe, Singapore, Brazil, and other countries. You can pay for everyday expenses with the card at any merchant that supports regular Visa or Mastercard cards, without any additional transaction fees.
You can withdraw up to $200/€200 per month at ATMs without fees, but this can be increased further by holding CRO (exchange’s native token). Similarly, with CRO lockups you can even receive up to 7% cashback on your purchases.
Trading – Is Crypto.com Good For Crypto Traders?
Crypto.com is not a bad platform for trading cryptocurrency, but using it does have some clear downsides too. Biggest cons include high spot trading fees and relatively few altcoins.
When it comes to markets, Crypto.com will let you trade Spot, Margin, Futures, Options, and even traditional markets (some geo restrictions may apply). For traders looking to automate their trades, several basic trading bots are available with no extra costs.
Spot & Margin Trading
Spot trading is intended for beginner investors, and works pretty much the same as on any other exchange. There’s no quick-trade or quick-convert features, but the user interface (UI) is familiar to anyone who used a crypto exchange before. But even users who are completely new to crypto trading will have no issues learning how to buy and sell crypto on this platform.
On spot, traders can also use DCA, Grid, TWAP, and Arbitrage bots. These can all be used without extra costs, of course. For beginners, the DCA (dollar-cost-average) bot can be particularly helpful. DCA bot lets you set up scheduled recurring crypto purchases at custom intervals, and it’s a great way to long-term invest into specific cryptocurrencies.
For margin trading, you can use up to 16X leverage on Bitcoin (BTC), 10X on Ethereum (ETH), and 5X on high-cap altcoins. Majority of less popular altcoins have 2-3X maximum leverage.
And speaking of altcoins, Crypto.com has more than 400 altcoins listed on Spot market. This isn’t the greatest selection when compared to some other major crypto exchanges, but should be sufficient for vast majority of casual investors.
Futures Trading
You can trade regular Futures with monthly or quarterly expiration dates. But of course, Perpetual Futures without expiration are also available. Due to Crypto.com’s high regulatory compliance, lots of countries are restricted from derivatives. As is typical, these include United States, Canada, Australia, United Kingdom, some EU countries, and many more. See full list on Crypto.com help center.
If you are not excluded from Derivatives trading, you can enjoy 50X leverage on BTC, 40X on Ethereum, and 20X on all other altcoins. If you’re a day trader, keep in mind that only about half as many coins are tradeable on Futures compared to Spot.
Also, TWAP and Arbitrage trading bots are available to Futures traders. However, using these isn’t intended for beginner traders. Before you attempt to automate your trading, make sure you familiarize yourself with how they work.
Stocks & Indices
At the moment, only users in United States are able to trade stocks and ETFs. These traditional markets let US-based investors easily buy and sell real stocks and indices with crypto, all on one safe and regulated platform. Additionally, tokenized stocks are available (app only) on spot market.
As part of Crypto.com’s Roadmap, the platform plans to extend stocks, forex, commodities and indices trading to additional territories.
Trading Fees
To offset the cheap fiat deposits, Crypto.com unfortunately has high crypto trading fees. On Spot market, minimum fee per transaction is 0.25%, going all the way up to 0.50% per transaction. These fees are among the highest across all exchanges reviewed by Cexfinder, and you can easily find excellent alternative platforms with Spot fees at only 0.10% per trade.
Investors who do not intend to trade crypto often and merely need a cheap fiat entry point will find Crypto.com excellent. However, those who plan on trading with their portfolio will find these trading fees completely unacceptable. To see for yourself, you can take a look at our Crypto Exchange Fee Comparison for an easy overview of fees on all exchanges.
On Derivatives, maker fee is 0.02%, and taker fee 0.04%. These fees are more in line with other exchanges with Futures trading. Locking up CRO exchange native tokens or doing high monthly volume provides substantial fee discounts, but it does require an up-front investment or very high-volume trading.
Other Top Features
Now that you learned how to buy and trade crypto, there’s a few more aspects of Crypto.com that are worth mentioning.
1. Beginner Friendly
Crypto.com is one of the most recognizable brands in the crypto industry, and it’s a first crypto exchange for many new investors. Because of this, the platform has an intuitive interface, lots of guides and tutorials, and responsive customer support, all of which make it very easy to use.
The platform is also available in 15 languages, and has multi-lingual 24/7 support. Furthermore, cheap fiat on-ramp and off-ramps and features such as Recurring (scheduled) buys also make investing convenient for everyone.
2. Passive Income (Staking & Earn)
Through Earn and On-Chain Staking, customers can earn interest simply by holding assets on the platform. The returns depend on the asset and can change on a daily basis, but at the time of writing users can earn 7% on Solana, and 5% on Bitcoin and Ethereum for a 3-month lockup (APY for 3-month lockups Earn returns). Returns are lower for 1-month lockups, and Flexible staking is also available for no lockup duration.
In total, there are nearly 40 assets available for staking. As displayed below, additional assets with various APYs are available for on-chain staking as well.
Interestingly, staking on Crypto.com is available in regions where it’s often restricted (such as Canada).
3. Crypto.com Cards
As previously mentioned, Crypto.com also has a Visa debit card, allowing for seamless spending of crypto on any regular merchant, online or offline. Through the Loyalty program, users can even receive massive cashback benefits up to 7%, trading rebates, Earn bonuses, referral bonuses, subscription rebates for Spotify and Netflix, and other benefits.
Topping up the prepaid debit card with crypto surprisingly has a 1% fee. Most exchanges offering ATM cards do not charge any top-up fees. In most regions there are no spending fees, but you may need to pay a 0.2% to 2% currency conversion fee when paying in unsupported currencies (for example, withdrawing US dollars when holding a card with Euros).
Crypto.com Card (Visa) is available to users from US, UK, Canada, Singapore, Brazil, Australia, and most countries in European Union. Users in Bahrain (and other GCC countries) can apply for Crypto.com Mastercard instead.
By the way, both virtual and physical cards are available. Additionally, US virtual cards are compatible with Google Pay, Apple Pay, and Samsung Pay. EU, AU and CA cards can be used with Apple & Google, but Singapore cards can only be paired with Google Pay.
For additional benefits, discounts or cashback you can also purchase and lock up a set amount of CRO tokens, but the benefits and gains depend on your spending habits.
4. Decentralized Trading & Wallet
The Crypto.com Onchain extension is a non-custodial wallet that lets users conveniently access DeFi, manage or trade thousands of tokens, NFTs, earn rewards, and connect with dApps. It’s available for both Android and iOS mobile devices, on desktops as a Chrome extension, or DeFi Desktop Wallet application. There’s nothing special about this wallet, but it can be a good start for users who want to test and learn about decentralized web with baby steps.
On the other hand, Onchain Website trading lets users explore, trade and manage tokens across more than 40 blockchains, without having to use decentralized wallets. You can set up a non-custodial wallet with just your email, and then discover trending tokens, swap and bridge assets, and even on-ramp fiat directly from the App.
The Onchain Website is only available on web for now, not the app. Upcoming features include comprehensive Portfolio, Earn and Campaign modules, all planned throughout 2026.
Other Features
As for other less used features, Crypto.com users can access crypto loans to borrow funds using their cryptocurrency as collateral. Furthermore, gift cards are available as another way of cashing out, or you can send the Amazon, Starbucks and other store credit codes to friends and family. High-risk traders can also use subaccounts to shield their main portfolio from risky trades.
Upcoming Features
Crypto.com aims to be the bridge between crypto and traditional finances. Their ambitious roadmap includes impressive upcoming features such as traditional banking services, stocks and forex trading, credit cards, and more. Some of these features are already live.
Crypto.com's new Level Up rewards program brings traditional banking, credit cards, and stock trading to users alongside unparalleled crypto rewards. This expansion allows users to manage and grow assets on one platform while enjoying exclusive perks and high returns.Read Now
Crypto.com Downsides
1. High Trading Fees
As mentioned, cryptocurrency trading fees on this platform are very high. While fiat deposits are cheap or free, converting crypto assets on Spot market will take a sizeable chunk of your profits. The fees make this broker unsuitable for day traders. There are ways to reduce fees through high volume or CRO (native token) holdings, but for casual traders it can be costly and difficult.
2. Mobile App
There’s nothing wrong with Crypto.com’s mobile app, except the fact that you must install it whether you want to use it or not. Crypto.com will constantly nag you about the app on its desktop interface, and will even require you to install it to pass the identity verification process. This can be maddeningly frustrating for users who do not wish to trade on their phones, but an easily overlooked fact for those who intend to manage their portfolios on phones.
It’s worth saying that customers from United States can only use Crypto.com through the app. Currently, the PC version is only available to users from other countries.
Is Crypto.com Safe For Buying Crypto?
Crypto.com is one of the safest crypto brokers in the industry. The company has been around since 2019, and is being very transparent with corporate structure and has known CEO, CFO and other executive employees. Crypto.com never had any large scale security incidents or stolen funds, and is one of the most regulated exchanges.
Regulatory Licenses and Approvals
Crypto.com (and their crypto-related companies and businesses) are licensed and registered in many countries across the world: United States, Canada, Brazil, Australia, Hong Kong, Singapore, South Korea, United Arab Emirates, Dubai, Argentina, and more.
- In Europe, Crypto.com was the first exchange to secure a coveted MiCA and MiFID licenses regulating it across the EEA. In addition, the platform holds additional separate licenses in Cyprus, France, Greece, Ireland, Italy, Malta, Netherlands, Spain, and United Kingdom. Additionally received a Limited Financial Institutions license from Malta, qualifying the company to provide payment services across EU.
- In United States, the platform holds these licenses: Broker-Dealer Registration, Derivatives Clearing Organization (DCO) License, Designated Contracts Market (DCM) License, Money Services Business Registration, Money Transmitter Licenses, and Non-depository Trust Company Charter.
- Crypto.com also obtained approval from U.S. Commodity Futures Trading Commission (CFTC) for offering cleared margined derivatives, plus it can offer fully collateralized derivatives through its prediction markets.
- Furthermore, the company is approved as a Futures Commission Merchant (FCM) by the National Futures Association (NFA), enabling Crypto.com to serve as an intermediary for customers and institutions across the derivatives market. Regulated leveraged derivatives for US retail customers is coming soon.
Other Safety Factors
- Exchange publishes a Merkle Tree proof of reserves, which lets anyone independently verify and confirm that all customer deposits are safe and accounted for.
- Account security options include 2-factor authentication, anti-phishing codes, withdrawal locks and address whitelists, and other methods to secure user accounts and prevent unauthorized access.
- Crypto.com partners with or sponsors many mainstream organizations including UFC, Formula 1, UEFA Champions League, LA KINGS, Philadelphia 76ers, and others.
- Users’ fiat deposits are held in regulated custodian bank accounts. US customer balances are held in FDIC insured banks and depository institutions. Crypto deposits are held in safe cold wallets. $120M insurance fund is in place to reimburse users in case of losses.
- Platform holds multiple security, privacy and compliance certifications such as ISO 22301:2019, ISO/IEC 27701:2019, ISO/IEC 27001:2022 and PCI DSS v4.0 Level 1 Service Provider. Independent security consulting and auditing is also performed to bolster security and alleviate any safety concerns.
Crypto.com is compliant with law enforcement requests and has mandatory KYC. Overall, there is no evidence of any fraud or scams by Crypto.com. This is a legit exchange, and perfectly safe for buying crypto.
Frequently Asked Questions
- Is Crypto.com available in United States?
Crypto.com is partially available in United States. US-based users can only use the platform's mobile app to buy and trade crypto. Using the web browser or desktop version is currently not possible for anyone from USA.
In United States, Crypto.com holds a Broker-Dealer Registration, Derivatives Clearing Organization (DCO) License, Designated Contracts Market (DCM) License, Money Services Business Registration, Money Transmitter Licenses, and Non-depository Trust Company Charter.
Crypto.com also obtained approval from U.S. Commodity Futures Trading Commission (CFTC) for offering cleared margined derivatives, plus it can offer fully collateralized derivatives through its prediction markets.
In the US, Crypto.com customers can even access stocks and ETF trading, which is not typically available on other crypto exchanges.
Worldwide, Crypto.com is restricted to users from China, Russia, Bangladesh, Nepal, Palau, Venezuela, and Hong Kong, among several other countries. View all Crypto.com restricted countries.
- Does Crypto.com have a native token?
Cronos (CRO) is Crypto.com's native token. Using, holding or locking up the CRO token has various benefits, including reduced trading fees, increased limits and cashback on card spending and withdrawals, and additional perks.
You can view CRO's current price and more information on CoinMarketCap.
Holding at least 1,000 CRO gives traders a 3% fee discount on both Spot and Futures. This increases to 5% when holding more than 5,000 CRO, or 8% when holding over 10,000 CRO. Holding more than 50,000 CRO native tokens results in a 12% taker fee discount and zero maker fees. Similarly, holding more than 100,000 CRO reduces all taker fees by 15%, and gives you 0.0001% fee rebates for maker fees.
Holding large amounts of CRO may not be suited for those who rarely trade. But for regular day traders, even 100,000 CRO isn't too big of an investment, and it can certainly result in huge savings on fees.
- What does Crypto.com referral code do?
By using referral code "r9qn6wzktd" during signup or account registration, new Crypto.com users can receive additional $10 to $50 in CRO tokens, depending on their CRO purchase.
For example, after using the code "r9qn6wzktd" and staking between 1,000 and 4,999 CRO, you will get $10 extra in CRO tokens. And if you stake more than 5,000 CRO, you will receive $50 equivalent in CRO native tokens.
To sign up with the referral code, go to Crypto.com with this link and it will be applied automatically. Alternatively, visit the exchange's signup page, enter your email and password, and the referral code "r9qn6wzktd" (without quotes) in the "Referral Code" field.
There is no downside to using the referral code, and it comes with absolutely no costs or drawbacks. For more information you can visit Crypto.com's Help center article.
Have more questions? Contact our team and we’ll be happy to do the research or explain more!
Conclusion – Is Crypto.com Good?
Crypto.com is an excellent platform for first-time buyers. Low deposit fees, convenient payment methods and high regulatory compliance make this broker safe and easy to use for anyone looking to buy Bitcoin. Users can also invest in more than 400 altcoins available on the exchange.
This is one of the largest exchanges in the market used by more than 150 million users worldwide. We’ve found a few downsides on this exchange, mainly relating to the high Spot trading fees. However, when it comes to first-time investing, Crypto.com offers an excellent experience.
In conclusion, if you need a highly secure exchange with easy fiat deposits, Crypto.com is one of the best choices.
