Hello Publish0x community and welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area.
With this article we are going to introduce the 29th cryptocurrency of this section with the 64th “E&S” article.
Today we will talk about the famous Crypto.com (CRO)!
Founded in 2016, Crypto.com is an online cryptocurrency exchange platform that allows you to trade in over 200 cryptocurrencies and make payments and other services by leveraging them. With around 3,000 employees and as many as 10 million users spread across more than 90 countries, Crypto.com is to be considered among the most important companies in this industry. In fact, the agreements signed with the most prestigious sponsors such as Aston Martin in Formula 1, the world of basketball and the Italian Serie A soccer, make you understand the level of this exchange platform.
Let's now look at some of the main features of Crypto.com:
- An Exchange with which to buy/sell at least 80 cryptocurrencies.
- Wallet to store purchased digital assets.
- Platform to apply for loans in virtual currencies.
- System for making loans to earn interest.
This list emphasizes the multi-functions available on Crypto.com, already revealing the versatile character of an exchange that is up to the task of even inexperienced users. Indeed, despite the integration of multiple services directly related to the cryptocurrency market, it offers simple and clear logic that has captured the interest of many online traders.
Trading on Crypto.com is simple and intuitive, even for those who are not familiar with this type of applications. Please note that ease of use, reliability and quality of available instruments are the main features that every investor looks for in a platform of this type. The interface is very user-friendly, perhaps also for this reason it is a platform loved by newbies in the industry.
How can you open an account?
First you need to know that Crypto.com is an app that you can find on the App Store/Google Play.
Once you download the app, you must provide some credentials such as:
- Email address.
- Phone number.
- User photo.
Actually, this is a procedure that is also possible by reaching the official Crypto.com website. To create the account, just enter the data listed above. After a few seconds the account is operational. After providing this data, and accepting the terms of service and conditions related to privacy, you can access the different areas available to start buying cryptocurrencies with Crypto.com.
After that, you will have to deal with making your first deposit. Crypto.com also shows its innovative character in this respect: you can decide whether to make a deposit in fiat currencies or to use cryptocurrencies.
To start with the first transactions, you need to open a KYC (Know Your Customer) verification account. After that, you will be able to buy your first cryptocurrency. Once you select the crypto to buy, these options will appear:
- Debit/Credit Card.
- Crypto Wallet.
- Fiat wallet.
Users are free to choose whether to use the money belonging to the deposit made in cash, or to invest using cryptos present in their wallet and supported by the exchange.
After a little introduction about what Crypto.com is, I invite you to follow me so you don't miss the second part of the article that will be released next Sunday.
We'll go more specifically into new features of this project, like Crypto.com card, Cashback, Staking and benefits!
Are you a Crypto.com user? Let me know in a comment and tell me your opinion about this app!