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Crypto.com review: the most regulatory compliant crypto exchange

What is Crypto.com?

Crypto.com is a leading cryptocurrency platform that enables users to buy, sell, and hold a wide range of digital assets. Founded in 2016, the platform has grown rapidly and now boasts over 5 million users worldwide. The company is headquartered in Hong Kong and has a presence in several countries including Singapore, the United States, and the United Kingdom.

Crypto.com offers a variety of services, including a crypto exchange, a crypto wallet, and a crypto credit card. The exchange allows users to buy and sell cryptocurrencies at competitive rates, while the wallet allows users to securely store their digital assets. The crypto credit card, known as the MCO Visa Card, allows users to spend their cryptocurrencies in millions of merchants worldwide.

In addition to its core services, Crypto.com also offers a range of other features such as interest-earning accounts, staking, and lending. These features allow users to earn interest on their digital assets and participate in the network's governance.

The platform is known for its high level of security, user-friendly interface and its mobile app, which enables users to manage their digital assets and perform transactions on-the-go.

Crypto.com's main features: a very versatile crypto platform

Crypto.com is a versatile platform that offers a wide range of services for buying, selling, and using digital assets. From its crypto exchange and wallet to its crypto credit card and interest-earning accounts, the platform has something for everyone. In this guide, we'll take a closer look at some of the main features of Crypto.com.

Crypto Exchange

One of the core features of Crypto.com is its crypto exchange. The exchange allows users to buy and sell a variety of digital assets, including Bitcoin, Ethereum, Litecoin, and more. Users can place orders using fiat currencies or supported cryptocurrencies and enjoy competitive rates. The exchange also offers advanced trading tools, such as stop-loss and take-profit orders, to help traders manage their risk.

Crypto Wallet

Another key feature of Crypto.com is its crypto wallet. The wallet allows users to store their digital assets securely and access them from anywhere. Users can easily send and receive cryptocurrencies, view their transaction history, and check their balance. The wallet also supports multiple languages, making it accessible to users worldwide.

Crypto Credit Card

The Crypto.com platform also offers a crypto credit card, known as the MCO Visa Card. The card allows users to spend their cryptocurrencies in millions of merchants worldwide. Users can also earn up to 5% cashback on their purchases, as well as receive other benefits such as airport lounge access and travel insurance.

Interest-Earning Accounts

In addition to its core features, Crypto.com also offers interest-earning accounts. These accounts allow users to earn interest on their digital assets, such as Bitcoin and Ethereum, by holding them in the platform. The interest rates vary depending on the asset and the term of the deposit, and users can start earning interest with as little as $10.

Staking and Lending

Another feature of Crypto.com is staking, which allows users to earn rewards for holding and supporting the network's native token, CRO. By staking CRO, users can also participate in the platform's governance and vote on important decisions. Crypto.com also offers a lending feature, that allows users to lend their digital assets to margin traders and earn interest on their loans.

Learning university 

Crypto.com also offers a comprehensive “learning university”, which provides users with the knowledge and resources they need to navigate the world of cryptocurrency. The university includes a wide range of educational materials, such as guides, tutorials, and articles, that cover topics like cryptocurrency basics, trading strategies, and market analysis. It also features videos and webinars, which are conducted by experts in the field, providing users with a deeper understanding of the crypto markets. The learning university is accessible for free for all the users of the platform, making it an excellent resource for those who are new to the crypto world and want to expand their knowledge.

Crypto.com's trading platform

Crypto.com's trading platform is a feature-rich, user-friendly and accessible for both retail and institutional customers. In this guide, we'll take a closer look at some of the main trading features of Crypto.com.

More than 500 trading Pairs

One of the main features of Crypto.com's trading platform is the variety of trading pairs it offers. Users can trade on more than 500 pairs covering a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, and more. The trading pairs are paired with a variety of fiat currencies, such as USD, EUR, and GBP, and other cryptocurrencies such as BTC, ETH, and CRO. This variety allows traders to diversify their portfolio and access a wider range of markets.

Order Types 

Another key feature of Crypto.com's trading platform is the variety of order types it offers. Users can place orders using market, limit, stop-loss and take-profit orders. Market orders are executed at the current market price, while limit orders allow users to set a specific price at which they want to buy or sell. Stop-loss and take-profit orders allow traders to automatically close a position at a specified price, which can help manage risk.

Advanced Charting Tools

Crypto.com's trading platform also offers advanced charting tools, which can help traders analyze price movements and identify patterns. These tools include a variety of indicators, such as moving averages, Bollinger Bands, and Relative Strength Index (RSI), as well as different chart types, such as candlestick, line and bar charts. These tools can be customized and tailored to the trader's preference and strategy.

Margin Trading

Crypto.com also offers margin trading, which allows traders to increase their buying power and potentially make larger profits. Margin trading allows traders to borrow funds from the platform to make larger trades, but it also increases the risk of losing money. Users can trade on leverage up to 3x, and they can also lend their digital assets to other margin traders and earn interest on their loans.

Derivatives Trading

Another feature of Crypto.com's trading platform is its derivatives trading. Crypto.com offers a wide range of derivative products, including perpetual contracts and futures contracts. Perpetual contracts allow traders to speculate on the price of digital assets without expiration date. Futures contracts, on the other hand, have a set expiration date and settlement date. The derivatives trading feature allows traders to take advantage of the volatility of the crypto markets and trade with leverage. Users can trade on leverage up to 20x and enjoy low trading fees.

Mobile App

In addition to its web-based platform, Crypto.com also offers a mobile app that allows traders to access the platform and trade on-the-go. The mobile app offers the same features as the web platform, including real-time market data, charting tools, and order placement. The app also allows users to view their account balances and transaction history, as well as receive push notifications for important market updates.

Demo Trading

Crypto.com also offers a demo trading feature, which allows new traders to practice and test their trading strategies without risking real money. The demo trading feature uses virtual funds and simulates real-time market conditions, providing users with a safe and risk-free environment to learn and hone their trading skills.

Customer Support

Crypto.com offers 24/7 customer support, which is available via live chat, email, and phone. The platform also has a comprehensive knowledge base, which includes a wide range of guides and tutorials to help users navigate the platform and troubleshoot any issues they may encounter.

Crypto.com's registration process

In this section, we'll walk you through the process of registering for an account on the platform, step-by-step.

Step 1: Go to the Crypto.com website 

The first step is to go to the Crypto.com website, which can be accessed at https://www.crypto.com/. Once you're on the homepage, you'll see a "Sign Up" button located in the top right corner. Click on this button to begin the registration process.

Step 2: Enter your email and password

You'll be prompted to enter your email address and create a password. Make sure to use a valid email address that you have access to, as you'll need to verify your account via email later on. Your password should be strong and unique, containing a mix of letters, numbers, and special characters.

Step 3: Verify your email

After you've entered your email and password, you'll be sent an email to verify your account. Click on the verification link in the email to confirm your email address. If you don't see the email in your inbox, check your spam folder.

Step 4: Enter your personal information

After verifying your email, you'll be prompted to enter your personal information, including your name, date of birth, and mobile number. Make sure that all of the information you enter is accurate and up-to-date, as you'll need to verify your identity later on.

Step 5: Complete the verification process

To complete the registration process, you'll need to verify your identity. This can be done by uploading a government-issued ID or passport. You'll also need to take a selfie and provide a proof of residence, such as a utility bill or bank statement.

Step 6 (optional): Enable two-factor authentication

For added security, it's recommended that you enable two-factor authentication (2FA) on your account. This can be done by downloading an authenticator app, such as Google Authenticator, and linking it to your account. Once you've enabled 2FA, you'll be prompted to enter a code generated by the authenticator app every time you log in to your account.

Step 7: Fund your account

Once your account is set up and verified, you can start funding it. Crypto.com offers a variety of funding options, including bank transfer, credit/debit card, and supported cryptocurrencies. Select the funding option that works best for you and follow the prompts to complete the process.

Step 8: Start trading

After funding your account, you're now ready to start trading. Browse the available markets, place buy or sell orders, and start building your crypto portfolio.

And that's it! You've successfully registered for an account on Crypto.com. Remember to keep your account information and login credentials safe and always use 2FA for added security.