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Crypto.com

Buy, sell, and trade crypto with this cryptocurrency investing platform that allows you to earn interest by staking coins.

Crypto.com
Source: Google

What is Crypto.com?

Crypto.com is a cryptocurrency exchange that supports trading, investing, staking, wallets, NFTs, and more. With this exchange, you will have access to over 250 different coins with reasonable fees and discounts for those who use the Crypto.com Coin (CRO).

Founded in 2016, it is already a veteran in the fast-paced world of cryptocurrency exchanges. Crypto.com stands out as a one-stop shop for all your crypto trading needs, making it a good choice for both natural-born investors and those just starting to deal with cryptocurrencies.

For the founders of Crypto.com, cryptocurrency should be a standard investment class and not a curiosity. Therefore, Crypto.com can help you manage cryptocurrencies in your financial life.

Some benefits:

Crypto.com offers a prepaid Visa card that works as a rewards debit card and can allow you to more easily spend your holdings in cryptocurrencies. This card is available to everyone, but those who buy and hold with the platform’s native cryptocurrency, CRO, can earn more.

With the Crypto.com Visa card, you will have access to five reward levels based on how much CRO you have. There are discounts for services like Spotify, Netflix, and Airbnb; for a certain amount of free ATM withdrawals; and 1% to 8% cash back on any purchase.

Some fees and details

Fees are capped at 0.40% and can decrease with many trades made or significant use of CRO currency. Crypto.com supports around 250 coins and offers advanced order types, it is also possible to trade cryptocurrency futures on its platform.

It is important to know that while these interest rates exceed all existing high-yield savings account rates, they are riskier as they are not FDIC insured. Also, your earnings will not compound over time as you earn simple interest.

Know that you will pay a higher fee as a borrower even if Crypto.com lowers its fees based on your trading volume and if you are betting with CRO tokens. The more you trade in less than a month and the more CRO tokens you bet, the bigger your discount. By heavily utilizing Crypto.com cryptocurrency (CRO), you will enjoy lower trading fees and more rewards on the Crypto.com Visa Card.

Learn more

With Crypto.com, users buy, sell and trade a wide variety of currencies, while enjoying low trading fees. In addition, the company offers cryptocurrency credit cards, a decentralized exchange, an independent cryptocurrency wallet, and an NFT marketplace.  It also allows users to stake their cryptocurrencies or hold them in a Crypto.com wallet for a set period, to earn up to 14.5% interest.

Crypto.com will be excellent for crypto traders looking for a platform with relatively low fees and a wide variety of supported currencies. It is ideal for anyone who prefers to manage a financial account through a mobile app and can be ideal for anyone with cryptocurrency experience.

Written By

Copywriter/Editor and finance expert known for concise and informative articles on investing and wealth management. With experience simplifying complex topics, Roberto empowers readers to make sound financial decisions.