Insider's experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page.
Overall rating
| Feature | Insider rating (out of 5) |
| Fees | 4.75 |
| Investment selection | 5.00 |
| Security | 4.50 |
| Ethics | 3.00 |
| Access | 4.28 |
| Customer service | 4.00 |
| Overall score | 4.32 |
Is Crypto.com right for you?
Headquartered in Hong Kong and founded in 2016, Crypto.com is a global cryptocurrency exchange serving more than 70 million traders across the globe.
It offers traders a vast suite of services, including crypto staking rewards, Visa card perks, decentralized finance (DeFi) products, non-fungible token (NFT) trading, and more. Plus, it offers a Crypto.com University portal that gives you access to several educational guides. One thing to look out for, however, is that you'll pay more for lower balances.
Crypto.com is available on iOS and Android devices.
See Insider's list of the best crypto wallets »
Crypto.com vs. Abra
Crypto.com | Abra |
Min. Investment $1 | Min. Investment $5 minimum deposit; minimums vary per cryptocurrency |
Fees Maker fees 0.0750% - 0% and taker fees are 0.0750% - 0.0500%; 0% credit/debit card purchases for first 30 days of opening account | Fees 0% (spread fee built into exchange rates) |
Investment choices Cryptocurrencies and NFTs | Investment choices Cryptocurrencies and NFTs |
Crypto.com and Abra both offer low fees, large crypto selections, and interest rewards. But the platforms do differ in terms of crypto products, account features, and available cryptocurrencies.
While Crypto.com offers well over 100 assets, Abra only offers 75+ cryptocurrencies. Crypto.com and Abra are both great choices for crypto loans, but you'll get access to a wider range of products at Crypto.com.
Crypto.com vs. Coinbase
Crypto.com | Coinbase |
Min. Investment $1 | Min. Investment $2 |
Fees Maker fees 0.0750% - 0% and taker fees are 0.0750% - 0.0500%; 0% credit/debit card purchases for first 30 days of opening account | Fees 0.50% spread for buy/sell transactions; transaction fee from $0.99 to $2.99; up to 0.50% for Coinbase Pro |
Investment choices Cryptocurrencies and NFTs | Investment choices Cryptocurrencies and NFTs |
Crypto.com is the best choice for those who want the largest selection of cryptocurrencies. The platform currently offers more than 250 assets. Coinbase, on the other hand, offers more than 170 cryptocurrencies.
Both crypto exchanges also support NFT trading, but Coinbase is ultimately the better option for beginner traders, advanced users (thanks to its various trading platforms), and institutions.
Ways to invest with Crypto.com
Cryptocurrencies
In addition, the Crypto.com Visa Card — which doesn't have any annual fees — lets you access and spend your crypto on goods and services (you can also earn up to 5% cash back with this prepaid card). Learn more about the Visa Card here.
But trading fees still apply. Crypto.com users a maker/taker fee schedule (maker fees apply to trades that aren't matched immediately with someone else's order, while taker fees apply to orders that match immediately with other orders on the order book).
Crypto.com calculates these fees based on your 30-day spot trading volume (how much you spend on trades each month). Maker fees start at 0.0750% (for balances lower than $250,000) and gradually decrease, ending at 0% (for balances of $10 million or higher). Taker fees also start at 0.0750%, but they end at 0.0500%.
However, you can reduce these fees by staking Crypto.com coins (CROs). See the exchange's complete fee schedule here.
For those with advanced trading needs, Crypto.com also offers a wide range of DeFi (DeFi relies on financial transactions that remove centralized parties like banks, financial institutions, and other third parties) and blockchain products. These include a non-custodial DeFi wallet for secure crypto storage, interest-earning perks, token swapping services, public blockchain services, and payment/merchant options for businesses.
Staking
With
This product is currently available for more than 37 cryptocurrencies and stablecoins, including bitcoin, ethereum, USD coin, and paxos standard. Crypto.com gives you a lot of freedom when it comes to deposit amounts (unless you stake the Crypto.com coin (CRO), which gives you three choices: $4,000 or less, $4,000 to $40,000, or $40,000 or more).
You can stake each asset for either one month, three months, or a flexible term. And the exchange's crypto rewards calculator makes it easy to see how much you can earn. For instance, as of January 2023, you can earn up to 4% in interest by staking ethereum. See more on Crypto.com Earn here.
Crypto.com NFT
The exchange's new NFT platform provides a space for transactions and information on all things NFTs. You can not only buy or sell these tokens, but you can also subscribe to Crypto.com's newsletter to discover upcoming launches of collectibles.
You can also view different creators and their associated collectibles. Read more on the Crypto.com NFT platform here.
Crypto.com: Is it trustworthy?
Personal Finance Insider assesses company trustworthiness by reviewing each investment platform's Better Business Bureau rating. Crypto.com currently has an F rating with the BBB.
The bureau says its rating stems from the length of time the business has been operating. It also attributes its rating to its failure to respond to the 80+ complaints filed against it.
However, it's still important to do your own due diligence when considering investing apps. The bureau's ratings don't guarantee a company's reliability or performance, so you'll want to make sure you've done your own research before setting up an account.
Crypto.com — Frequently asked questions (FAQ)
Is Crypto.com legitimate?
Yes. Crypto.com is licensed in 49 US states and territories, and it supports traders around the world. The platform was also the first global exchange to earn an Electric Money Institution (EMI) license from the Malta Financial Services Authority (MFSA).
How do you get your money out of Crypto.com?
If withdrawing to the Crypto.com app, you can take out funds by clicking on "balance," selecting the amount you'd like to withdraw, hitting "withdraw," and finally reviewing and confirming the withdrawal. Crypto.com also lets traders withdraw to external web addresses, but this process can take up to two hours (see more on that here).
How much does it cost to withdraw from Crypto.com?
Withdrawal fees vary per coin. You can find more information on each coin's fees here.