Crypto.com Exchange: What You NEED TO KNOW!!🧐

Crypto.com Exchange: What You NEED TO KNOW!!🧐

On July 17, 2020, the Youtube channel of Coin Bureau released a new content that caught our attention, this article will be able to give a spotlight on it and why not make you discover this video.

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- TIMESTAMPS -
0:00 Intro
1:27 Crypto.com Overview
5:28 Is The Exchange Safe?
8:37 Features
12:17 Supported Cryptos
12:58 Country Restrictions
13:30 Deposit Methods
14:13 Fees
15:49 Account Tips
16:39 Trading Functionality
18:04 Customer Support
19:16 Mobile App & API
19:52 Final Thoughts

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📺 Recommended Crypto.com Videos 📺

► Why Crypto.com Is The Best Crypto Card 👉? https://www.youtube.com/watch?v=Ugmi1fIDrIQ&t
► Crypto.com App: Everything you need to know 👉 https://www.youtube.com/watch?v=-UQCX3bTASU&t
► Top Crypto Cards Compared 👉 https://www.youtube.com/watch?v=MB7gIZ1COR0&t

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📝 Overview 📝

Everyone is looking for that perfect crypto exchange. I know I am still searching for it.

That’s why when I found out about the Crypto.com exchange, I knew I had to give it a spin.

❓ Who Are Crypto.com ❓

Crypto.com has one mission and that’s to accelerate the World’s transition to cryptocurrency. So, how are they planning to do that?

That includes the likes of:
► CryptoPay: Focused on providing merchant tools.
► The Crypto.com App: This is your gateway to the entire Crypto.com ecosystem.
► Crypto Credit: Allows you to get crypto loans at an interest rate of 8% to 12%.
► Crypto Earn: Enables you to supply crypto and earn interest rates as high as 18%.
► Crypto.com Wallet: This is a decentralized wallet where you are in control of your private keys.
► Visa Cards: Spend crypto wherever Visa is accepted and get some cool perks whilst you're at it.

The Crypto.com project has two different tokens:

► CRO is a cross-asset intermediary currency used to settle asset swaps on the Crypto.com chain. It can also be used to unlock benefits on the exchange.
► MCO is a utility token and unlocks functionality like better interest rates and premium Crypto.com Visa cards.

🔒 Is The Crypto.com Exchange Safe? 🔒

A mindblowing 100% of user cryptocurrencies are stored in offline wallets. But that’s not all… Crypto.com has also secured a $360 million insurance policy to protect users against security breaches.

Crypto.com does of course have hot wallets to process withdrawals. But these wallets contain corporate funds. That means if Crypto.com are hacked, it is not guys like you and me losing out.

The chaps at Crypto.com have also collected pretty much every regulatory compliance certificate under the sun. That’s great news if compliance is something you value.

🔥 Exchange Features 🔥

► Syndicate: Get your hands on discounted crypto. Typically, this is half a million dollars worth at a whopping 50% discount.
► Stake CRO on the exchange for a top of the line 20% interest rate.
► Soft stake a plethora of different cryptos for interest.
► 2% deposit bonus for new sign ups.
► Monster promos can be found in the ‘trading arena’. Right now, there is over $1 million up for grabs in the trading API race!
► Home to the widest selection of CRO trading pairs on the planet!

₿ What Cryptos & Countries Are Supported? ₿

Less than 20 cryptos are currently available for trading.

I wasn’t able to find a list of supported countries. However, it seems if there is no law in your jurisdiction outlawing cryptocurrencies, then you can use this exchange.

💳 Deposit Methods 💳

This exchange is crypto only. However, you can deposit and buy crypto on the Crypto.com app using a bank transfer, debit or credit card and easily move that crypto over to the exchange.

🤑 Exchange Fees 🤑

The standard fee rate is 0.1% maker fee and 0.16% taker fee. Further discounted rates are available if you do a lot of trade volume. An additional 20% trading fee discount is available for those staking 10,000 CRO.

For more details on this exchange, I'm afraid you're going to have to watch the video.

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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