What is Crypto.com Exchange Platform and how to open an account?

Trusted by more than 80 Million users all over the world and in over 90+ countries. Crypto.com is a leader in regulatory compliance and security certification and have the most comprehensive insurance coverage and verified proof of reserves.

All of your crypto currencies may be bought, sold, stored, sent, and tracked securely in one spot. They have over 250+ cryptocurrencies to pick from, as well as over 20+ fiat currencies that you may deposit into your wallet via a bank transfer or a credit/debit card.

Their mission is to accelerate the world transition to cryptocurrency, because it’s the future of the internet with Web3 will be fairer and more equitable owned by the creators, builders and the Users like you

They believe like I believe you should have the basic right to control your money, data and identity, this should not be managed by your Government

I suggest you starting with the App version so download Crypto.com as accounts can only be generated through the app, which is available on both Android and iOS. Use the referral code if you want to receive $25 Free if you purchase some of their own coin called CRO from your app at https://crypto.com/app/8u9ttyafrs

Download Crypto.com from iOS or Android

You can also generate an account on a web browser, when you have the app and upgraded your online account depending on the quantity of CRO held in the wallet. Each premium level requires 10 times as much CRO as the previous level. The premium levels require between £300 and £300,000 of CRO to be staked for 180 days that you can’t use or un-stake for the time period.

One thing to remember if you have Bitcoin on the App account and you even link to the web browser version it will not show the Bitcoin there, if you have Bitcoin or other coins, they will be in separate Wallets. So, I will stick with the App you use, I use mine all the time. Online only really if you want to trade crypto like a trader or you want to use their other services.

However, if you want to open an account see the link below the article.

If you choose to explore the Exchange to trade because the exchange has an easy user interface for beginners to the crypto world. To buy, sell or transfer, see the three buttons at the top of each asset profile in the wallet. You’re able to see a variety of different timeline charts. The tracking function allows you to see all the coins available for purchase and their current rank based on market cap.

Now it’s time to create a crypto.com account

You are required to verify your email, personal ID (can be a national ID card, a Passport or a Driving licence) and Mobile number. If you want to go further and purchase crypto directly on the app, you will also need to verify your address with a utility bill or bank statement.

This is called KYC and that stands for "Know Your Customer" or "Know Your Client" and refers to the process of verifying the identity of a customer or client, typically in the financial industry. The KYC process is an important part of customer due diligence and helps to ensure the integrity and security of financial transactions. It also helps to build trust between the financial institution and the customer.

Depositing funds into your crypto.com you just opened you deposit either fiat currency or cryptocurrency from another account exchange. Fiat is transferred into your account via bank transfer and can be taken out via the same process.

Use the transfer tab on the coin or token to deposit or withdraw cryptocurrency. It provides you with a contract address to send the money or tokens too

Once you have set up your account and added fiat into it, you can spot and place a recurring buy order on cryptocurrencies. Spot buys can be done on the individual coin profiles on the app and don’t necessarily need to be done crypto to crypto. You can buy the asset directly with your card, via other crypto or through your fiat wallet. Recurring buys can be set up on a selection of crypto assets with a minimum purchase amount of £40. These buys can be set up to be weekly, bi-weekly or even monthly.

Crypto.com requires you to create a passcode and a password for your account. For added security, you should use Two-Factor Authentication (2FA) and phishing codes. With iOS devices, you can also enable Face ID or Touch ID for added security.

Get a debit-card and spend your Crypto’s

On the platform, it also provides a number of different items. The crypto debit-card, which allows you to spend money and receive cash back on transactions made with the card, is one of the key reasons to use your Crypto.com. The app's higher tier accounts all enhance the number of benefits you can obtain from the card.

Crypto.com also features a 'earn' function, which allows you to stake a number of your crypto assets for a pay yield of up to 12.5%. These APRs vary depending on the type of stake you have chosen. Under a fixed-term staking contract, a high-tier user will have a greater APR than a low-tier user staking in a flexible duration contract. Every 7 days, the winnings from Crypto.com staking are deposited into your account.

In addition, supercharged staking is accessible. This is fixed-term staking, which allows you to stake a limited number of tokens. The amount you can stake is computed ahead of the staking event.

You can trade on the exchange after creating an account and logging in. You can traverse the platform using the tabs at the top of the exchange. You can choose the market you wish to trade in, then the pair, and you're ready to go. You can place market, limit, or advanced orders on the exchange.

I was one of the first 5 million people to invest in Crypto.com and I think this company have the potential to be like Amazon was in the late 90’s, look at where they are now in twenty years.