Despite the growing popularity of cryptocurrency, very few platforms offer a complete range of services related to buying, selling, and trading of digital coins. While we have a number of options when it comes to availing these services separately, very few names appear on the horizon, which is able to provide a holistic solution for all needs related to cryptocurrencies.
Significant among these handful options is Crypto.com, first crypto company to hold ISO27001 and PCI:DSS level 1 compliance, which can be easily considered as a one-stop destination for all cryptocurrency services. Not only can you buy and sell the cryptocurrencies here but can also make a payment, avail credit, and build an investment portfolio using digital coins. The complete and holistic nature of services provided by Crypto.com is what makes this platform unique and favorite among the masses.
Features and Services
A peek into services offered by Crypto.com and one instantly recognizes why the portal is finding favor among investors. Using the exchange platform of Crypto.com, which is powered by its native coin CRO, one can trade in digital coins with low processing charges and execution prices, which are best in the industry. There is no constraint with the liquidity, either, which comes as an added advantage for investors. You can choose from a wide range of coins (45 plus) and execute the trade at their true prices without any fee or markups.
In order to satiate your spending desire and that too with rewards, Crypto.com offers the facility of VISA card. You can have a 10% rebate on expenditures done on Airbnb and Expedia, which is in addition to 5% back that you can avail of all your spending. The facility is now available for US and Singapore users too.
You can earn a handsome interest as Crypto.com offers an earning of up to 8% per annum on your crypto deposits. This interest jumps to 12% in case you decide to deposit stablecoin in the platform’s repository. It is indeed a good opportunity and can provide you a handsome income without any significant risk factor. It is to be noted that the interest you will receive here is simple interest calculated on a daily basis, not the compounded one.
Another important service that you can use is the credit facility on Crypto.com. By depositing your crypto assets, you can apply for the loan, which has a number of unique inbuilt features. The money will be instantly credited to your account as no credit checks are required. There is no repayment deadline, either which means you can repay the amount according to your convenience. Further, Crypto.com puts no limit on the credit, and you can apply for as much credit as you require.
For investment freaks, the automated trading feature of the Crypto.com is the right thing to go for. It only takes a couple of minutes to set up the trading account, and once you are in, you can easily access trading strategies offered by the algorithmic trading system of the platform. The best part of the trading on the platform is that it is totally free of cost. There are no entry, or exit fees levied on the trading; neither there are any management expenses charged by the portal – isn’t that wonderful?
Recent Developments and 2020 Plan
Crypto.com is also contributing to developing an ecosystem of the cryptocurrency and blockchain developers. In 2019, we had witnessed the launch of The Syndicate, a Blockchain fundraising Platform which is doing a commendable job in raising the money for new cryptocurrency and blockchain startups. More recently, however, the Crypto.com is in the news for offering a staggering 25% off on Bitcoin worth $200,000 for holders of its native coin, the CRO.
As far as its 2020 Plans are concerned, the Crypto.com wants to expand the reach of its VISA card to the extent that it can be used in every part of the globe. Another prominent part of the company’s strategy is to launch a non-custodial wallet and spread its adoption among the target users.
In sum, Crypto.com has emerged as a powerful platform that offers complete cryptocurrency solutions for the customers. It is also contributing to enhance the adoption of cryptocurrency and blockchain through a number of activities so that the aim of the secular and democratized financial system can be realized.