Crypto.com
Crypto.com Cryptocurrency Exchange
There are many platforms to invest in cryptocurrencies. Still, only one has Matt Damon on its cover, will name the Los Angeles Lakers pavilion and has an agreement with Lebron James to train children in crypto assets. In case you are not clear, I am talking about Crypto.com.
Should you make it your wallet and your crypto platform? What makes it different from the rest? In this guide, we will see how it works, its advantages, disadvantages, and additional services of Crypto.com, which are its strong points. And, of course, my personal opinion.
What is Crypto.com?
It is a cryptocurrency exchange that has grown in offers and services to be one of the 10 largest in the world, according to Coinmarketcap data.
However, the beginnings of Crypto.com were different. Today, one of the best-known brands in the cryptocurrency environment was born as the personal blog of professor Matt Blaze more than 25 years ago.
The teacher kept the domain name until 2018, when he decided to sell it to Monaco, which Kris Marzalek’s company created in 2016, looking for a name change. Since then, Crypto.com has continued to grow, introducing new features such as cashback, staking, and now NFT.
What has skyrocketed its popularity in the last year has been marketing. Specifically, the agreement to rename the Staples Center, where the Los Angeles Lakers play, in exchange for 700 million dollars and the participation of media figures in their campaigns.
Is Crypto.com Safe?
It is what you would expect from one of the largest exchanges. Crypto.com has classic security measures such as two-step authentication and whitelist systems. Thanks to its agreement with Ledger, it also ensures that all cryptocurrencies are stored in cold wallets.
To this is added insurance with Lloyds worth 360 million dollars.
And despite everything, Crypto.com has recently been the victim of a cyber attack on 483 of its accounts, resulting in the theft of 34 million euros. Of course, affected users will recover all their money.
In addition, it has advanced that they will strengthen their security, especially related to double authentication.
How to open your account at Crypto.com?
Creating your account at Crypto.com is simple and will take you only a short time to complete.
These are the steps you must follow to register with Crypto.com.
- Access their page or download their App. If you do so through this link, you will get a $25 gift.
- Enter your data.
- Then verify your account, for which you will need to upload a photo of your ID and take a selfie for the platform to confirm that it is you.
From there, you only need to fund the account or buy directly with a credit card.
To access one of the Crypto.com VISA cards, you must also confirm your address with a utility bill such as water, electricity, and telephone in your name.
How to Start Investing in Crypto.com?
Once you have registered, the next step will be to operate. There are different ways to start investing in Crypto.com:
In the case of the App, you can:
- Transfer from another wallet or exchange. If you already have cryptocurrencies on another platform, you can take them to Crypto.com.
- For bank transfer, you only have to click on “Wallets,” select the Fiat Wallet and configure the currency. Next, you will see the data to transfer from your bank. This operation has no commissions.
- From the Crypto.com exchange. This option is free and consists of a transfer of money from one modality to another of the platform.
- Credit card: the fastest and most expensive since commissions amount to 2.9%.
What can you do at Crypto.com?
With Crypto.com, you can do almost any operation with your crypto assets.
Thanks to its cashback system, you can buy and sell cryptocurrencies, staking, and even earn money with your purchases. This variety of options is one of its great advantages.
Here you can see in detail what Crypto.com offers and the operation of each of its services. You should not lose the detail of your Visa cards, one of the differentiating elements of Crypto.com.
1. Buy and sell cryptocurrencies
Despite its additional services, Crypto.com is primarily a cryptocurrency exchange. In other words, a digital currency trading platform where you can buy and sell the most important ones.
Crypto.com allows you to operate through its App, where you can access over 250 cryptocurrencies with over 20 different fiat currencies and a more advanced exchange, similar to what Coinbase and Binance do.
The first is easier and more intuitive to use, and the second is more complex but also more complete, with more cryptocurrencies available and more analysis tools.
Through its platform, you can buy your first cryptocurrency easily.
2. Trading with Leverage
It is what the platform calls Margin Trading and allows you to trade with 10x Leverage.
Leverage is financing your operations with the capital of a third party, the broker. It is like a loan that the exchange makes you. With this 10x Leverage, you can multiply your money by ten.
Remember that using Leverage is a high-risk way of trading. We only recommend trading with Leverage in cryptocurrencies if your level is expert.
3. Trade Derivatives
Like the rest of the best cryptocurrency platforms, at Crypto.com, you can access a market for derivative products and financial futures.
4. Store your Cryptocurrencies (Wallet)
Crypto.com also has a Wallet to store your cryptocurrencies and passwords. It is available for more than 100 different cryptocurrencies.
The difference between the platform and the Wallet is the objective of each of them and the options they offer you. With the first, you will be able to access all the operations of Crypto.com, and with the Wallet, you will have fewer options.
5. Metal Visa Card
One feature that makes Crypto.com a different exchange is its VISA cards and the cashback system with which they work.
They all work like debit cards, and you can pay at any store that accepts VISA. The difference is that with Crypto.com cards, you can pay with cryptocurrencies directly (whenever you want) or with your fiat currency, such as Euros or British pounds, among other currencies.
In reality, they use the money or cryptocurrency they have in their wallet to pay.
What sets Crypto.com cards apart is that with them, you will receive a percentage of the purchases you make in CRO, the Crypto.com token. That is what is called Cashback.
For example, if your account has a 2% cashback, and you purchase anything worth €100, your account will be credited with €2 in CRO tokens. That is like getting a discount on all your purchases. Something really interesting.
The percentage they will pay you in cashback will depend on the card you access.
The Exchange works with five different cards with rewards ranging from 1% to 8% of all purchases you make.
The percentage of cashback that you will receive and also the additional advantages depend on the number of CROs that you decide to stake (which is blocking those cryptocurrencies for 180 in your account, at which time you will not be able to trade with those cryptocurrencies or CROs, but at the end of the period will be returned to you). That figure will determine the card you get. That is the relationship for each of the cards:







And these are the additional benefits you will receive

Your CROs will be locked as a starting point for six months or 180 days.
Crypto.com has five different cards. That is a summary of each of them:
A. Midnight Blue

It is the free version and the only one that is not metallic. Their characteristics are:
- It is free.
- 1% cashback or reimbursement for your purchases.
- Free withdrawal of up to €200 at ATMs. (after that limit, you can withdraw money by paying a small commission).
- Free currency exchange up to €2,000 (after that limit, you will pay 0.5% for currency exchange, which is much cheaper than the 2-3% charged by traditional banks)
B. Ruby Steel

It is the most affordable among the paid ones. To access it, you have to block €350 in CRO.
These are its characteristics:
- Is free
- 2% cashback or reimbursement for your purchases.
- Free Spotify (The money paid with the card is refunded to your account, up to $12.99 per month)
- Free withdrawal of up to €400 at ATMs.
- Free currency exchange up to €4,000 (after that limit, you will pay 0.5% for currency exchange, which is much cheaper than the 2-3% charged by traditional banks)
C. Royal Indigo and Jade Green

A card designed for those who travel for benefits at airports. To access it, you have to block €3,500 in CRO.
These are its characteristics:
- Is free
- 3% cashback or reimbursement for your purchases.
- Free Spotify (The money paid with the card is refunded to your account, up to $12.99 per month)
- Free Netflix with the 2-account version (the money paid with the card is refunded to your account)
- Access to VIP lounges at airports.
- Free withdrawal of up to €800 at ATMs.
- Free currency exchange up to €10,000. (after that limit, you will pay 0.5% for currency exchange, which is much cheaper than the 2-3% charged by traditional banks)
D. Frosted Rose Gold and Icy White

More benefits and a higher percentage of cashback. To access it, you have to block €35,000 in CRO.
These are its characteristics:
- Is free
- 5% cashback or reimbursement for your purchases.
- Free Spotify (The money paid with the card is refunded to your account, up to $12.99 per month)
- Free Netflix with the 2-account version (The money paid with the card is refunded to your account, up to $13.99 per month)
- Amazon Prime (The money paid with the card is refunded to your account, up to $12.99 per month)
- 10% discount on Expedia (Up to 50 USD per month)
- Access to VIP lounges at airports for you and a companion
- Free withdrawal of up to €800 at ATMs.
- Free currency exchange up to €15,000 (after that limit, you will pay 0.5% for currency exchange, which is much cheaper than the 2-3% charged by traditional banks)
- Possibility for locked CROs to receive benefits through Crypto Earn.
E. Obsidian Black

More benefits and a higher percentage of cashback. To access it, you have to block €350,000 in CRO.
These are its characteristics:
- Is free
- 8% cashback or reimbursement for your purchases.
- Spotify for free.
- Free Netflix with the 2-account version.
- Amazon Prime.
- 10% discount on Expedia (Up to 50 USD per month)
- 10% discount on Airbnb (Up to 100USD per month)
- Access to VIP lounges at airports for you and a companion
- Free withdrawal of up to €800 at ATMs.
- Free currency exchange up to €15,000. (after that limit, you will pay 0.5% for currency exchange, which is much cheaper than the 2-3% charged by traditional banks)
- Possibility for locked CROs to receive benefits through Crypto Earn.
6. Crypto Earn
It is the Crypto.com staking system. In other words, a way to generate passive income with your cryptocurrencies.
Through Crypto Earn, you block and lend your cryptocurrencies in exchange for a percentage of profit on that capital you lend. During the duration of the loan, your cryptocurrencies will remain blocked.
Crypto.com works with two staking models.
- Flexible allows you to close the operation at any time and unlock your assets.
- With terms of one and three months, the cryptocurrencies will remain blocked.
The profit percentage depends on the type of coin and the amount of CRO you decide to lock: less than 400, 4,000, or more than 40,000 CRO.
Depending on the platform, you can get up to 14.5% for stablecoins and 8% for the most used virtual currencies such as Bitcoin or Ethereum.
That is an example of what you could earn.

7. Pay and receive payments in cryptocurrencies
A commodity already for most exchanges. With Crypto.com, you can also send money and make payments in cryptocurrencies.
8. Crypto Credit
This Crypto.com lending service allows you to borrow up to 50% of your cryptocurrency portfolio using it as collateral.
The current interest rate is 8%.
9. NFTs on Crypto.com
Crypto.com has also joined the NFT or Non-Fungible Token fever. Art and digital assets use the chain of blocks to ensure their authenticity and become unique works.
NFTs make it possible to certify the authenticity of a work or asset, at least in theory, which gives it value. Think of a viral video or a meme. Everyone can see it, but what if you could certify which is the original?
Then that asset would have a specific value greater than the rest, just like the original Gernika painting compared to copies.
That’s what NFTs are all about, which you can also buy and sell on Crypto.com
10. CRO Token
CRO is Crypto.com’s token or cryptocurrency, just as BNB is Binance‘s -here, you can see a review and assessment of Binance as a platform.
It is built within the Ethereum blockchain and is listed on major exchanges. Crypto.com serves as a payment currency for the platform and a requirement to improve the rewards of its services.
Commissions on Crypto.com
Is it expensive or cheap to trade on Crypto.com? What are the commissions for your services? Costs are important when operating and one of the factors that you can control as long as you choose your exchange well – you can see its impact in the article on the differences between Binance and Coinbase.
The first month you will not pay commissions on the platform, so it is ideal if you want to start trading cryptocurrencies and save on initial costs.
With Crypto.com, you must pay a commission to buy cryptocurrencies when you contribute funds by credit card. This commission is around 2.9%.
And regarding the operation? The commissions for buying ( taker ) and selling ( maker ) in Crypto.com depend on the volume of operations you carry out. Specifically, the exchange references the transactions made in the previous 30 days. With them, the following commissions will apply:
LEVEL | TRADING VOLUME LAST 30 DAYS | MAKER | TAKER | MAKER/TAKER WITH 10% DISCOUNT |
Level 1 | $0 – $25,000 | 0.4% | 0.4% | 0.360%0.360% |
Level 2 | $25,001 – $50,000 | 0.35% | 0.35% | 0.315%0.315% |
Level 3 | $50,001 – $100,000 | 0.15% | 0.25% | 0.135%0.225% |
Level 4 | $100,001 – $250,000 | 0.1% | 0.16% | 0.090%0.144% |
level 5 | $250,001 – $1,000,000 | 0.09% | 0.15% | 0.081%0.135% |
level 6 | $1,000,001 – $20,000,000 | 0.08% | 0.14% | 0.072%0.126% |
level 7 | $20,000,001 – $100,000,000 | 0.07% | 0.13% | 0.063%0.117% |
level 8 | $100,000,001 – $200,000,000 | 0.06% | 0.12% | 0.054%0.108% |
level 9 | $200,000,001 and over | 0.04% | 0.1% | 0.036%0.090 |
These are adjusted commissions and are slightly lower than the market average.
You will not have to pay deposit commissions, although you will have to pay withdrawal commissions.
Withdrawal commissions depend on the cryptocurrency you use, to which a minimum amount is added, also depending on the token.
Frequently Asked Questions
Q1: How many cryptocurrencies does Crypto.com operate?
Q2: How to withdraw money?
You can withdraw money and assets from Cripto.com in three steps through the App and send them wherever you want. The steps to follow are:
- Enter the App and access your Wallet.
- Go to “Transfer” and click on “ Withdraw.”
- Select where you want to send the money and the amount.
Q3: How can I trade with Crypto.com?
Like most Exchanges, Crypto.com allows you to operate through its website or app. The second option is much more intuitive, simple, and agile, although, with the first, you can get more out of the analysis tools.
Q4: Do I have to pay taxes?
Yes, cryptocurrencies are not exempt from paying taxes in the income statement (At least in Spain). Specifically, you will have to pay taxes when you convert your crypto assets into fiat money, receive income through staking, or exchange one currency for another.
These yields are included in the savings tax base as capital gains or income from movable capital, as appropriate.
Crypto.com has an interesting tax calculator that will help you determine the numbers before facing rent.
You should review the taxation of cryptocurrencies in your country of residence to ensure you comply with the law.
Can I trust Crypto.com?
Beyond specific security problems, it is an exchange with things to improve regarding customer service and service.
Most of the reviews on Crypto.com say it is a good platform, and I have not had any objections to it. However, the opinions about this exchange on sites like Trustpilot do not leave their customer service in a good place and speak of problems when withdrawing money due to small delays.
Thus, it barely gets a score of 2 on the platform, which, on the other hand, is in line with most of the big cryptocurrency exchanges.
Our opinion Who is Crypto.com for?
We have been using Crypto.com for less time than other platforms like Binance or Coinbase. For now, I like that the commissions are adjusted and all the additional services it offers.
The Visa Card, with its Cashback from your purchases, is a very good argument to use Crypto.com as it is a good tool to obtain extra performance in cryptocurrencies. They also offer good conditions in their stalking system.
On an operational level, Crypto.com is easy to use and intuitive, so it can be useful for newbies and those who want a complete exchange that allows them to do everything.
Alternatives to Crypto.com
Crypto.com has grown a lot in the last year. If you want alternatives, you can complement them with Exchanges with more time on the market:
- Binance. The clearest option for being the largest. In it, you will also find many opportunities to earn passive money with your cryptos. Here you can see the review and opinion of Binance.
- Coinbase. The simplest exchange in its basic version. Ideal to start in the crypto world. Here you can see our analysis and opinion of Coinbase.
- Kraken. Another of the classic Exchanges has been improving the interface and usability over time. It is a good option for fully immersing themselves in cryptocurrencies.