Crypto.com was founded in Hong Kong in June 2016, with its exchange launching three years later. Now headquartered in Singapore, the platform serves over 50 million customers across more than 90 countries, including Europe, the USA, Canada, Australia, Latin America, and parts of Asia.
The company provides a range of products, including a mobile app, the Crypto.com Visa card, a mobile wallet, Crypto.com Earn, Crypto.com Pay, Crypto.com NFT, and Crypto.com Credit. Its centralized exchange (CEX) supports spot trading, margin trading, and derivatives trading. Additionally, Crypto.com offers DeFi products, such as a DeFi wallet and an ecosystem on the Crypto.org chain, which is powered by its native token, Cronos (CRO).
Crypto.com, the big crypto company based in Singapore, wasn't always called that. Back in 2016, four people - Kris Marszalek, Gary Or, Rafael Melo, and Bobby Bao - started a project called "Monaco" which eventually became Crypto.com in 2018.
The exchange offers over 250 digital assets for trading, including spot trading, futures, and advanced order types. It has 100 trading pairs and supports 20 fiat currencies. Top cryptocurrencies available include BTC, ETH, USDT, USDC, BNB, BUSD, ADA, XRP, SOL, DOGE, MATIC, DAI, and SHIB.
Spot and margin trading fees are divided into 5 levels based on your 30-day trading volume. For level 1 (under $250K), the fees are 0.075% for both makers and takers. For level 5 (over $10M), makers pay 0.00% and takers pay 0.05%.
For derivatives trading, fees are also split into 5 levels based on your 30-day trading volume. For level 1 (under $1M), makers pay 0.017% and takers pay 0.034%. For level 5 (over $50M), makers pay 0.00% and takers pay 0.026%.
Fees can be reduced further depending on how much CRO you stake. Crypto.com also offers VIP trading fees for users who trade between 0.10% and 2.00% or more of the exchange’s spot or derivative volume.
On Crypto.com, investors can use up to 10X leverage for margin trading, with options for 3X, 5X, and 10X leverage. Users who stake CRO can get lower interest rates, starting at just 0.008% per day.
Additionally, users can trade crypto derivatives, including perpetuals and futures contracts, with leverage up to 100X.
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