Crypto.com Review | Why We Think Crypto.com Is Overrated

Crypto.com offers a suite of products and services that allows users to buy, sell, and trade cryptocurrencies like BTC, ETH, SOL, ATOM, and many others.

1. Crypto.com Spot Trading

Crypto.com spot trading is a service that allows users to buy and sell cryptocurrencies on the Crypto.com exchange.

To start trading, simply click on the “Trade” button and select the currency pair you want to trade. For example, if you want to trade Bitcoin for Ethereum, you would select the BTC/ETH pair. Crypto.com offers over 250 cryptocurrencies and 400 trading pairs.

2. Margin Trading

Crypto.com margin trading enables users to trade with more money than they have in their accounts. When margin trading, you will need to put down a “margin”, which is a percentage of the total value of the trade.

For example, if you are margin trading with a 2:1 leverage and you want to buy $100 worth of BTC, you will only need to put down $50 as margin, the other $50 will be provided by Crypto.com as leverage.

Margin Trading can result in bigger profits but it also comes with a higher risk. Crypto.com offers up to 10X leverage on Margin Trading.

‍If you are new to margin trading, we recommend that you start with a small amount of money and gradually increase your position size as you get more comfortable with the risks involved.

3. Derivatives Trading

Derivatives are financial instruments that derive their value from an underlying asset. Crypto.com offers several types of derivatives contracts, including futures, perpetual, warrants, options, and swaps.

The most common type of derivative is a futures contract, which is an agreement to buy or sell an asset at a future date for a predetermined price. Crypto.com also offers Derivatives Trading with up to 50X leverage.

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4. Crypto.com Earn

Crypto.com Earn is a great way to grow your crypto portfolio with little risk. With Crypto.com Earn, you can deposit your crypto and earn interest on it, all while keeping full control of your private keys.

There are no lock-ups or deposit limits, and you can withdraw your funds at any time. What's more, you can earn up to 14.5% on your crypto and up to 8% interest on your stablecoins.

‍To get started with Crypto.com Earn, simply deposit your crypto into your Earn Wallet and choose your preferred interest rate and loan term.

Your earnings will be paid out in the same currency that you deposited. For example, if you deposit BTC into your Earn Wallet, your interest will also be paid out in BTC.

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5. Crypto.com Pay

If you shop with Crypto.com Pay, you can receive up to 10% cashback in CRO. With Crypto.com Pay, you can shop at your a variety of online stores and pay with crypto. To get started, simply download the Crypto.com App and create a Crypto.com account.

Then, link your debit or credit card to your account. Once you've done that, you're ready to start shopping with Crypto.com Pay. Crypto.com Pay is the easiest way to shop with crypto and earn rewards at the same time.

6. Crypto.com NFTs

Crypto.com marketplace is the perfect place for buying, selling, and transferring NFTs. NFTs (non-fungible tokens) are digital assets that are unique and can represent things like art pieces, collectibles, gaming items, or even real estate.

Crypto.com NFTs can be easily traded or transferred, and they offer a convenient way to store your digital assets.

If you want to buy an NFT, simply go to the marketplace and browse through the available listings. Once you find an NFT that you like, you can place a bid or purchase it outright. If you want to sell an NFT, you can list it for sale in the marketplace.

Crypto.com offers non-fungible tokens (NFTs) that are minted on the Ethereum blockchain. At the time of writing, Crypto.com fetches fixed-price listings of certain selected collections on Ethereum from OpenSea and LooksRare.

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7. CRO Token

The CRO token is the native token used to power the Crypto.com ecosystem. The CRO token can be used for a variety of purposes, such as paying fees, staking, or earning interest. By paying with CRO, you can also get reduced fees on the Crypto.com platform

The CRO token has a max supply of over 30 billion tokens with over 80% of those being in circulation at the time of writing. The price for one CRO token is $0.1 which translates into a fully diluted market cap of $3.2 billion.

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8. Crypto.com Visa Card

The Crypto.com Visa Card is the world’s first crypto-backed visa card. The card allows you to spend your cryptocurrencies anywhere that accepts Visa, with the added benefit of up to 5% cashback paid in CRO.

There are two types of cards available – the Standard Card and the Metal Card. Both cards have no annual fee and offer contactless payments, but the Metal Card comes with a number of additional benefits, including 24/7 concierge service and up to 10% cashback on spending.

To apply for a card, simply sign up for a Crypto.com account and link your debit or credit card. Once you’ve been approved, you can start using your card to spend your cryptocurrencies anywhere that accepts Visa.