At Crypto.com, they are on a mission to accelerate the world's transition to cryptocurrency. You can securely buy, sell, store, send, and track your crypto all in one place. You are able to buy and sell 100+ cryptocurrencies with 20+ fiat currencies using bank transfers or your credit/debit card. Deposit crypto and earn interest from 30+ cryptocurrencies and stablecoins. The crypto.com Visa Card allows you to get up to 8% back in crypto.
How you make money
There are many ways to earn a return through crypto.com. The main way is to purchase your cryptocurrency and earn through appreciation. While holding crypto, their Earn feature allows you to earn up to 14% interest on qualifying coins. They also offer a fee free debit card that allows you to earn up to 8% paid back in the form of cryptocurrency. Crypto.com offers coin staking for a variety of the coins on the platform. Staking allows you to earn higher returns for providing liquidity.
How Crypto.com makes money
Crypto.com is successful crypto trading platform that makes money in a multitude of ways. One of the key ways they make money is through transaction fees. They earn through debit card deposit fees as well as withdrawal fees. More ways in which they earn include:
- Gift cards
- Trade spreads
- Crypto invest fees
- Other exchange fees
Another way they earn money that is common in the crypto world is the increase in the price and sale of their coins (MCO and CRO). They own a large quantity of their coins so they earn returns as they continue to increase in value. They also likely utilize the money locked in staking and their Earn feature.
Is it safe?
At Crypto.com they’re committed to security. They serve over 10 million customers, are one of the world’s fastest growing crypto apps, and are partnered with highly reputable Visa for their widely used crypto card. At Crypto.com, they are constantly investing heavily in their people, technology, and processes to maintain the highest standards.
As an industry leader, they believe they have an obligation to share their best knowledge and good practices with their customers. Regardless if you’re an experienced Crypto.com Exchange trader, heavy Crypto.com App user, Crypto.com DeFi Wallet storer or are planning to start your journey with crypto this very moment - Cybersecurity and Privacy threats are real and the same for everyone. Crypto.com is a reputable site serving millions of people, but it is important to understand the risks with cryptocurrency before you invest.