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Buy and SellBuy Bitcoin, Ethereum, and 350+ cryptocurrencies
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Price Alerts

Be notified on BTC, ETH, XRP prices, and more.

Recurring Buy

Grow your portfolio automatically with daily, weekly, or monthly trades.

Crypto.com | Securely Buy, Sell & Trade Bitcoin, Ethereum and 350+ Altcoins (15)

On-chain Staking

Generate passive income by helping
to secure blockchains.

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CRYPTO.COM VISA CARD

The only crypto cardyou need

Enjoy up to 5% back on all spending with your sleek, pure metal card.
No annual fees. Top-up with fiat or crypto.

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Get the most out of your assets, safely

Choose from 21+ cryptocurrencies including Bitcoin and stablecoins.

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Trade bitcoin and other crypto with confidence on the world's fastest and most secure crypto exchange

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Frequently Asked Questions

Cryptocurrency is a digital or virtual currency that operates on distributed ledger technology called a blockchain and uses cryptography for security. It is decentralized and operates independently of a central bank.
Unlike traditional currencies, cryptocurrencies are not backed by a physical commodity or government, and their value is determined by market demand and supply. Cryptocurrencies can be used to buy goods and services, transfer funds, and trade in markets. Popular cryptocurrencies include Bitcoin, Ethereum, Litecoin, Ripple, and Cronos.
Many cryptocurrencies, like Bitcoin, are created through a process called mining, which involves solving complex mathematical equations to validate and record transactions on a blockchain. This mechanism is also called Proof of Work (PoW). Another consensus mechanism that has increased in popularity — as it is more energy efficient — is Proof of Stake (PoS). Instead of mining, PoS relies on network participants validating transactions. Ethereum, the second-largest cryptocurrency, uses this consensus mechanism.

There are several ways to buy cryptocurrencies, including:

  1. Brokerage services: Crypto brokers allow users to simply buy and sell cryptocurrencies. A popular example is the Crypto.com App, trusted by over 100 million users. It is available at the Apple Store and on Google Play.
  2. Cryptocurrency exchanges: These are online platforms where users can buy, sell, and trade cryptocurrencies using fiat currency or other cryptocurrencies. They offer more complex functions compared to a crypto brokerage, adding trading instruments like crypto derivatives. The Crypto.com Exchange is an example of a popular crypto exchange.
  3. Peer-to-peer (P2P) marketplaces: These are platforms where buyers and sellers can directly trade cryptocurrencies without the involvement of a third-party exchange. This is also known as DeFi, short for decentralized finance. Multiple P2P crypto marketplaces can be accessed all in one app via the Crypto.com DeFi Wallet.

It is important to perform proper research and choose a reputable platform to buy cryptocurrencies. For instance, Crypto.com holds the highest security rating in the industry. In addition, it is advisable to store cryptocurrencies securely in a wallet like the Crypto.com App or Crypto.com DeFi Wallet.

To buy crypto, follow these general steps:

  1. Choose a crypto platform to use, like the Crypto.com Exchange or Crypto.com App.
  2. Create an account on the chosen platform by providing personal information and ID verification, also known as ‘Know Your Customer’ (KYC) procedures.
  3. Deposit fiat currency or another cryptocurrency into the newly created account. The Crypto.com App supports bank transfers, credit cards, debit cards, and cryptocurrency transfers to buy crypto, depending on region.
  4. Navigate to the ‘Buy’ section of the Crypto.com Exchange or App and select the crypto to buy.
  5. Enter the amount of cryptocurrency to buy and confirm the transaction.
  6. The crypto will be deposited into the account. From here, it can be transferred to other crypto wallets or converted back to fiat currency and paid out to a bank account.

It is important to perform proper research and choose a reputable platform to buy cryptocurrencies. For instance, Crypto.com holds the highest security rating in the industry. In addition, it is advisable to store cryptocurrencies securely in a wallet like the Crypto.com App or Crypto.com DeFi Wallet.

To trade cryptocurrency, follow these general steps:

  1. Choose a cryptocurrency exchange that supports trading. A popular option is the Crypto.com Exchange.
  2. Create an account on the chosen platform and perform ID verification, known as KYC (‘Know Your Customer’).
  3. Deposit funds into the newly created account using a supported payment method. The Crypto.com Exchange supports bank transfers and credit/debit cards.
  4. Navigate to the trading section of the platform and select the cryptocurrency pair to trade.
  5. Choose whether to buy or sell the cryptocurrency, and enter the amount to trade.
  6. Set the preferred price and order type. There are several types of orders, including market orders, limit orders, stop orders, and crypto options, which allow users to buy or sell at a specific price or under certain conditions.
  7. Submit the trade order and wait for it to be executed. Depending on market conditions, the trade may be filled immediately, or it may take time to be filled.
  8. Monitor trades and adjust strategies as necessary.

Here is an introduction to trading on the Crypto.com Exchange.
It is crucial to note that trading cryptocurrency carries risk, and it is important to trade only what you can afford to lose.

There are several ways to earn cryptocurrency, including:

  1. Mining: Cryptocurrency mining involves using specialized computer hardware to solve complex mathematical equations that validate transactions on a blockchain network. Successful miners are rewarded with newly minted cryptocurrency for their efforts.
  2. Staking/Lockups: Staking and lockups involve holding or locking up a certain amount of cryptocurrency in a wallet or on a platform to support the operations of the blockchain network. Stakers are rewarded with new cryptocurrency as a form of interest for their support.
  3. Trading: Trading cryptocurrency involves buying and selling cryptocurrencies on exchanges or other trading platforms. Those who have a good understanding of market trends and are able to make informed trading decisions can earn profits through trading.
  4. Airdrops: Airdrops are free distributions of cryptocurrency to users who meet certain criteria or participate in promotional activities.
  5. Crypto Projects: Some blockchain projects offer rewards or bounties for users who contribute to their development or community. This can include activities like bug bounties, testing, or content creation.

It's important to note that each method of earning cryptocurrency carries its own risks and rewards. It is recommended to carefully research cryptocurrencies and understand the process before buying. Learn more about the crypto market at Crypto.com University.

Users can earn rewards on their cryptocurrency holdings through various products that offer rewards-bearing accounts or lending services. Here are some ways to earn rewards on cryptocurrency:

  1. The Crypto.com App, Exchange, and DeFi Wallet all offer different ways to earn rewards on crypto, called Crypto Earn.
  2. Create an account on the chosen platform and deposit cryptocurrency holdings into the rewards account.
  3. Depending on the platform, users may earn rewards through lending their cryptocurrency to other users or by locking up their cryptocurrency for a period of time.
  4. Some products offer fixed reward rates (e.g., the Crypto.com Visa Card), while others may offer variable rates that depend on market conditions (e.g., the 'Earn' feature in the Crypto.com DeFi Wallet).
  5. Monitor rewards and adjust strategies as necessary.

It's important to note that earning interest and rewards on cryptocurrency carries risks, including fluctuations in market conditions that may affect interest rates. Make sure to carefully research and understand terms and conditions before depositing cryptocurrency.

Have more questions? Contact Us

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Crypto.com | Securely Buy, Sell & Trade Bitcoin, Ethereum and 350+ Altcoins (40)

Crypto.com | Securely Buy, Sell & Trade Bitcoin, Ethereum and 350+ Altcoins (41)

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The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App. It is not intended to offer access to any of such products and services. You may obtain access to such products and services on the Crypto.com App.

Please note that the availability of the products and services on the Crypto.com App is subject to jurisdictional limitations. Crypto.com may not offer certain products, features and/or services on the Crypto.com App in certain jurisdictions due to potential or actual regulatory restrictions.

Crypto.com | Securely Buy, Sell & Trade Bitcoin, Ethereum and 350+ Altcoins (47)

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Crypto.com | Securely Buy, Sell & Trade Bitcoin, Ethereum and 350+ Altcoins (2024)

FAQs

How long does it take to withdraw from Crypto com to bank? ›

Withdrawals- Processing Time

Withdrawals to an external address may take 2-3 hours to process. Withdrawals to the Crypto.com App are instant.

How do you convert crypto to cash? ›

To withdraw money from crypto to your bank account, first, sell your cryptocurrency on a crypto exchange that supports fiat currency withdrawals (like Mudrex). Link your bank account to the exchange, initiate a withdrawal request, and the converted funds should arrive in your bank account within a few business days.

Is it worth starting crypto in 2024? ›

The most recent upswing comes alongside growing institutional demand for the cryptocurrency as an attractive asset class. Bitcoin's value has rallied over the last few quarters, increasing from about US$26,000 in mid-September 2023 to an all-time high of around US$73,000 in mid-March of 2024.

Is crypto.com any good? ›

Like the best crypto exchanges, Crypto.com is a great option for investors searching for a large cryptocurrency and stablecoin selection. In addition to cryptocurrencies, the platform offers a DeFi wallet, NFT trading platform, Visa card perks, and shopping options.

Is it hard to get your money out of crypto com? ›

Simply go to the withdrawal drawer in your Fiat Wallet and tap Add a Bank Account. Follow the onscreen instructions and tap Submit to save your bank account. You can then proceed to make withdrawals.

How much can you withdraw from crypto com to external wallet? ›

All users have a daily maximum fiat withdrawal limit of $1,000,000 after they fully verified their Crypto.com account. There are no limits on cryptocurrency withdrawals at Crypto.com as of writing this guide. How Long Does It Take to Withdraw From Crypto.com?

What will $100 of Bitcoin be worth in 2030? ›

If this pattern continues into 2030, the price could peak around 2029 or 2030, potentially aligning with Wood's price prediction. If Wood is correct and Bitcoin reaches $3.8 million, a $100 investment in Bitcoin today would be worth $5,510 in 2030. This translates to a compounded annual growth rate (CAGR) of over 95%.

How much will 1 Bitcoin be worth in 2025? ›

Bitcoin Price Prediction Table
YearAverage Price*Percent Increase
2024$64,784.06-%
2025$88,862.1037.50%
2026$125,935.2342.05%
2027$183,299.4246.40%
8 more rows

How much Bitcoin does the average person own? ›

Simple math shows that the average bitcoin holding per person is about 262,500 satoshis. At $69,000 per bitcoin, that works out to an investment of about $180 to reach the global average bitcoin allocation. So don't be discouraged by the price of a single bitcoin.

Is Crypto.com shutting down? ›

On June 9, 2023, Crypto.com announced plans to shut down its institutional exchange in the United States by June 21, citing low demand from large financial institutions.

Does crypto.com report to the IRS? ›

Yes. In the United States, your transactions on Crypto.com and other platforms are subject to income and capital gains tax. If you've earned or disposed of crypto (ex. Sold or traded away cryptocurrency) during the year, you'll have a tax liability to report to the IRS.

Is crypto com in any danger? ›

Risks of Using Crypto.com

Crypto.com has top-notch security, but it isn't perfect. Here are a few things to be aware of when using Crypto.com: Crypto is not FDIC-insured. If Crypto.com goes bankrupt and can't pay you the crypto it owes you, then the FDIC won't be there to bail you out.

How long does a crypto bank withdrawal take? ›

Automated Withdrawals

All Users' deposits are held in cold storage, for security reasons, however, withdrawal requests - for all cryptos - are automated. In most cases, withdrawals are almost instant and normally should take no longer than 2-3 hours to be processed.

How long does it take for crypto to transfer to a bank account? ›

The time taken for Bitcoin transfers to appear in your bank account can vary depending on factors such as network congestion and the processing time of the exchange or service being used. On average, it can take a few moments to several days.

Is crypto com bank transfer instant? ›

Funds deposited into your USD Fiat Wallet via the ACH Pull Network (i.e., the Instant Deposit feature) can now be used for trading Derivatives via the Crypto.com App, subject to certain criteria. This allows you to access immediate funding to trade Derivatives before your deposit settles.

Can I transfer money from Crypto com to bank account? ›

Browse through the submission process and withdrawal limits, then tap 'Withdraw Now'. Insert the withdrawal amount and select the bank account to withdraw funds to. Review and confirm the withdrawal request. Wait for Crypto.com's internal review; users are notified once the withdrawal is processed.

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