What is crypto com & how does it work?

Crypto.com was founded in 2016 under the name "Monaco" by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo. The company rebranded in 2018 after purchasing the Crypto.com domain, reportedly valued between $5-10 million. Crypto.com offers a range of services including an app, exchange, wallet, and NFT marketplace.

Is crypto com a good cryptocurrency exchange?

Crypto.com has a lot to offer, including its own CRO token, Cronos. And the more CRO you're willing to stake (aka deposit with Crypto.com), the better the benefits. It's easier to think of Crypto.com as a crypto bank than a cryptocurrency exchange or brokerage. Sure, you can buy and sell cryptocurrencies on the exchange.

Does crypto COM have a mobile app?

While the Crypto.com App is only available on mobile, the Crypto.com Exchange offers both an app and a desktop platform. To start trading on the Crypto.com Exchange, users sign up for a Crypto.com Exchange account and complete the ‘know-your-customer’ ( KYC) procedures.

Does crypto com charge a fee?

The Crypto.com app offers a broker model, whereby the company quotes prices to customers. In addition, ACH transfers into and out of Crypto.com are free, but the platform does charge fees for using a credit card. Finally, every cryptocurrency traded on Crypto.com has its own withdrawal fees to consider when making transactions.