Nowadays, more and more crypto exchanges are emerging which is why the competition in its fast-paced industry is now fiercer than ever. To stay on top, a crypto exchange should ensure that it continues to offer innovative products, solutions and services that will help expand crypto’s usage and garner more traders and investors.
One exchange platform that managed to stand out among these thousands of crypto exchanges is Crypto.com. Founded in 2016 in Hong Kong by its CEO, Kris Marszalek, Crypto.com serves more than 10 million traders in more than 90 countries.
The team who created the exchange believes that crypto is a standard investment and that it should be used on a wider scale. This led Crypto.com to offer products and services beyond the usual buying and selling of digital assets. Check out what products are as well as the features of Crypto.com by reading on below:
Key features of Crypto.com exchange
Take a look at the key features of Crypto.com that helped entice many traders and investors below:
Mobile app
Crypto.com has a mobile app that is available for both Android and Apple devices. Here, you can trade and exchange currencies as well as manage Crypto.com’s products and services that you use. Basically, all the things you can do on its website are also doable on this app.
Crypto.com Coin (CRO)
In 2018, Crypto.com announced the launch of their blockchain called Crypto.com Chain that aims to expand their crypto products. Together with that, they also launched their native token, CRO.
You can stake your CRO token to qualify for discounts on trading fees and earn interest. The higher the number of tokens you stake, the higher your discount will be. Check out the table below to see the discounts and interest rates you can get:
| Amount of CRO tokens | Trading discount | Interest |
| Less than 5,000 CRO | None | None |
| 5,000 to 49,999 CRO | 10% to 20% | Up to 2% |
| 50,000 to 499,999 CRO | 40% to 20% | Up to 4% |
| 500,000 to 4,999,999 CRO | 70% to 80% | Up to 4% |
| 5,000,000 CRO | 90% | Up to 4% |
Currency selection
Crypto.com offers more than 400 cryptocurrencies including the top cryptos such as Bitcoin (BTC), Litecoin (LTC) and USD Coin (USDC). It also accepts over 20 fiat currencies such as the US dollars (USD), euros (EUR) and pound sterling (GBP).
Fees
There are no fees required when you send and deposit crypto in Crypto.com during your first 30 days. After that, you will be charged with deposit and withdrawal fees depending on the payment method you use which varies from country to country. You can use debit and credit cards as well as crypto when buying and withdrawing your assets.
The trading fees charged to the maker and taker are volume-based which means you can get more discounts as your trading volume increases. Those who hold more CRO earn the most rewards. For a clearer understanding, check out the table below:
| Trading volume | Maker | Taker |
| $0 to $250,000 | 0.10% | 0.16% |
| $250,001 to $1,000,000 | 0.09% | 0.15% |
| $1,000,001 to $20,000,000 | 0.08% | 0.14% |
| $100,000,001 to $200,000,000 | 0.6% | 0.12% |
| $200,000,001 and above | 0.04% | 0.10% |
Security
You can have all the security features an exchange may offer here at Crypto.com such as KYC verification procedures, 2-factor authentication and biometric features. All the assets are being stored in offline cold storage to avoid hackers. These security measures are the reasons why there is no recorded history of hacks in Cryto.com as of writing.
In addition, the exchange is insured for $500 million in case of damage caused by theft and physical damage. If you keep your funds in US dollars, your money is FDIC insured just like in regular banks which covers up to $25,000 worth of your asset.
Products and services that make Crypto.com the fastest growing crypto platform
Below is a list of some of the major Crypto.com’s products and services that enable people to use crypto on a wider scale:
Crypto.com Exchange
Here, you can trade top currencies with one of the lowest maker and taker fees in the industry. Its trading interface can be overwhelming for beginners due to the complex graphs and advanced features that users can access such as the Spot Wallet where the trading interface can automatically detect the best order price based on whether you are trading or comparing the trigger and market price.
Crypto.com Visa card
The Crypto.com Visa is a prepaid card that lets you use crypto in buying goods and services as well as earn up to 8% cashback. The Crypto.com Visa Card functions like a rewards debit card that allows you to spend your crypto. The type of card and rewards you can get depend on the amount of CTO token you hold.
Those who hold more CRO earn the most rewards. There are five reward tiers based on the amount of CRO you hold:
| Crypto.com Visa Card | Required CRO tokens | Cashback rewards | Other benefits |
| Midnight Blue | Less than 5,000 CRO | 1% | N/A |
| Ruby Steel | 5,000 to 49,999 CRO | 2% | Spotify subscription fees |
| Royal Indigo and Jade Green | 50,000 to 499,999 CRO | 3% | Spotify and Netflix subscription fees and other perks |
| Frosted Rose Gold and Icy White | 500,000 to 4,999,999 CRO | 5% | Spotify, Netflix, Expedia, Amazon Prime subscription fees and other perks |
| Obsidian card | 5,000,000 CRO | 8% | Spotify, Netflix, Expedia, Amazon Prime, Airbnb subscription fees and other perks |
Crypto.com Pay
If you own a business, you can get the Crypto.com Pay service where you can integrate crypto payment methods for you and your customers. Payment can be made using major cryptos such as Bitcoin, Ethereum and Dogecoin.
Crypto.com is indeed one of the world’s quickest-growing exchange platforms
In just 5 years, it managed to become a crypto hub where not only can you trade crypto but also stake and use them for your business too. Based on the perks and benefits they give, Crypto.com wants to grow into a universal crypto hub that offers all services to everyone and not just an online community.
Crypto.com exchange is willing to charge lower fees and give out lucrative cashback and discounts to engage users to trade high volumes of crypto, especially in CRO. This lets them expand their products and services as well as create new ones.
With various features and products that seem to add up year after year, Crypto.com continues to garner an ever-growing user base and is indeed one of the world’s fastest-growing crypto exchange platforms.