Crypto.com: A Top-Rated Cryptocurrency Platform
Crypto.com is a top-ranked crypto platform that allows users to buy, transfer, store, and exchange more than 90 cryptocurrencies, according to its website.
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), CRO, and other cryptocurrencies are among them. On the site, you can also utilize over 20 fiat currencies (e.g., GBP, USD, EUR, etc.).
The company offers a flexible debit card that allows customers to spend cryptocurrencies anywhere Visa is accepted. Furthermore, Crypto.com's CRO tokens provide consumers with a stunning 8% cashback incentive.
Crypto.com Features and Products
Crypto.com remains best known for its great MCO Visa card, which makes cryptos conveniently mainstream. The company offers a wide range of features and services. Many customers are surprised to find out that the platform also provides access to:
Crypto Pay
Crypto.com app
Crypto Earn
Crypto Credit
Crypto.com exchange
Crypto.com DeFi wallet
CRO Token
The Crypto.com App
The Crypto.com app allows you to sell and buy a growing number of cryptocurrencies at real-time exchange rates. This program can also be used to store, receive, and send cryptocurrency. The ability to buy and sell bitcoin at genuine cost has been the app's standout feature. It's worth mentioning, though, that if you want to save money, you'll have to pay with a bank transfer rather than a credit card.
How You Open a Crypto.com Account
Head to Crypto.com to get started. There, you'll find links to download the mobile app for Android and iOS. Remember that you must be at least 18 years of age or older to sign up.
From there, you'll need to either go to the app store links or scan the QR code on the home page. Download the app to your phone and then start the app. Follow the prompts needed to verify your identity, and you're good to go.
How to Pay with Crypto.com
When you go to your store's payment method page, select "Crypto.com" from the establishment's drop-down menu. Agree to the Website Terms of Use and Terms and Conditions and then click the button that says "Crypto.com Pay" to head to the checkout.
Next, you'll see a popup page with a QR code. From there, open your Crypto.com app and select the shopping bag icon located on the Home Screen to gain access to "Crypto Pay." Or you may click on the "Pay"' button on the dashboard.
Look for the "Scan" button and click on it to scan the QR pay code you now have. Follow the prompt to choose a digital currency you'd like to pay with, and then click "Continue to Review." Finally, you'll review the payment and click "Confirm."
Is Crypto.com Safe to Use?
We've already discussed in this review that Crypto.com takes security and safety seriously. Nevertheless, your account won't enjoy the same insurance protections (FDIC or SIPC). Of course, this is true of cryptocurrency exchanges and platforms across the board.
You should also bear in mind that Crypto.com is not a US-based enterprise. Instead, it's headquartered in Hong Kong where financial regulations prove quite different.
The platform relies on a Secure Software Development Lifecycle. These software analysis tools keep a constant eye on the code. It's quality controlled and peer-reviewed by a full-time staff.
The software also gets audited by external certifications via Certik and Quantstamp for smart contracts. It's worth noting that Crypto.com started with a mixed reputation in its early years.
From 2017 to 2019, some people even accused the company of being a scam. Since these early, difficult years, Crypto.com has worked hard to prove it's a legitimate platform.
