Crypto.com Review 2024

August 29, 2024 10:57 AM PDT | By Team Kalkine Media
 Crypto.com Review 2024
Image source: Shutterstock

Who Should Use Crypto.com?

Crypto.com is ideal for users who are comfortable using a mobile app and want to fully engage with the platform’s range of features. However, U.S. users need to rely on the Crypto.com mobile app, which provides most of the platform’s functions.

Why Choose Crypto.com?

  1. Comprehensive Educational Resources
    Crypto.com offers extensive educational materials, including in-depth research, analysis, and market updates. This makes it a solid choice for those looking to deepen their understanding of cryptocurrency trading.
  2. Trading Discounts
    The platform provides trading discounts based on your activity and CRO token holdings. As you trade more and stake more CRO tokens, you can benefit from reduced fees.

Disadvantages of Crypto.com

  1. Limited Access for U.S. Users
    In the U.S., Crypto.com’s advanced exchange platform is only available to select institutional investors. Most U.S. users are restricted to the app, which lacks some advanced features such as stop-loss limits, one-cancels-the-other (OCO) orders, API trading, and trading bots. New York residents cannot access Crypto.com at all.
  2. High Credit/Debit Card Fees
    Using a credit or debit card on Crypto.com can incur fees as high as 4%. Alternatives like ACH transactions may be available, but not all banks are compatible with Crypto.com.

Fees

  1. Maker-Taker Fee Structure
    Crypto.com uses a maker-taker fee model. Maker fees apply when your order adds liquidity to the market, while taker fees apply when your order removes liquidity. Typically, taker fees are higher, but Crypto.com offers reduced fees based on trading volume and CRO token staking. The more you trade and stake, the greater the discount on your fees.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.


Sponsored Articles


Investing Ideas

Previous Next