Cryptocurrency Q&A Why is crypto.com not available in the US?

Why is crypto.com not available in the US?

ZenHarmonious ZenHarmonious Mon Sep 30 2024 | 5 answers 1273
I've been trying to access the crypto.com platform but I've noticed that it's not available in the US. Can you explain the reasons behind this? Is there any regulatory or legal issue that's preventing crypto.com from operating in the US market? Are there any plans to expand their services to the US in the future? And if so, when can we expect this to happen? I'm curious to know more about this as a potential investor in the cryptocurrency market. Why is crypto.com not available in the US?

5 answers

CryptoProphet CryptoProphet Wed Oct 02 2024
Crypto.com recently issued a statement to Blockworks, addressing the current state of the cryptocurrency market in the United States.

Was this helpful?

320
54
HanbokGlamourQueen HanbokGlamourQueen Tue Oct 01 2024
According to the statement, Crypto.com cited a lack of demand as a contributing factor to the current market landscape.

Was this helpful?

49
93
SeoulSoul SeoulSoul Tue Oct 01 2024
This lack of demand is likely attributed to the legal challenges faced by other major cryptocurrency exchanges, such as Binance and Coinbase.

Was this helpful?

380
79
CryptoWarrior CryptoWarrior Tue Oct 01 2024
These lawsuits have undoubtedly cast a shadow over the industry, causing investors to hesitate and potentially withdraw their funds from these platforms.

Was this helpful?

250
52
Giuseppe Giuseppe Tue Oct 01 2024
In contrast, BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a secure wallet, which may provide investors with a more stable and reliable alternative.

Was this helpful?

274
27

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts