Crypto.com is a centralized cryptocurrency exchange platform or also known as Centralized Exchange (CEX), so the custody of the assets are in charge of the platform. This exchange is a mobile application, ideal for having our crypto-currencies available at any time.
Advantages and Disadvantages of Crypto.com
Crypto.com as mentioned above is a centralized cryptocurrency exchange (CEX) platform so the funds are managed and stored by this company. They are also the ones who set the transaction fees, purchase and exchange minimums and cryptocurrency withdrawal minimums and maximums. Unlike decentralized platforms (DEX), commissions and amounts can be modified if required by the board.
Among the services offered by Crypto.com we find that we are allowed to perform from the platform:
Exchange services
Margin trading (with a x10 spread).
Futures trading (with 50x leverage).
Wallet.
Income through Earn.
Swap.
Advantages of BinanceCrypto.com:
Immediate credit, you can access loans backed by your cryptocurrencies.
BinanceCrypto.com.
Very low commissions. They depend on the volume of operations performed. They are in values of 0.08-0.2%.
They are in values of 0.08-0.2%.
Discounts on commissions, you can get discounts thanks to CRO
Passive income, can be generated by staking
Free registration, deposits and withdrawals
No minimum deposit requirements
Send and receive cryptocurrencies without commissions
TradingView trading platform with free market data.
MCO Visa card accepted worldwide.
Disadvantages of Crypto.com:
Not available in all versions. The platform is available on all versions for banking options but only on mobile devices for wallet.
Available on all versions for banking options but only on mobile devices for wallet.
Deficient customer service. Some customers have reported complaints about this service.
Customer service
imited languagess, not all languages are available on the website and app.
Visa under condition, you have to keep a certain amount of cryptocurrencies for a period of 6 months
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