Review on Crypto.com by Martin Matis
Crypto com an ideal mobile platform for beginners
Crypto com is a simple and user-friendly mobile platform that integrates mobile wallet with exchange and other financial services provided by the company. Compared to other platforms it is very intuitive simple and easy to use tool to buy, store and trade crypto currencies, thus it is particularly suitable for the beginners. One can easily buy crypto with credit and debit cards within the app with very reasonable fees. Furthermore there is a possibility to transfer fiat currency to the fiat wallet via the bank transfer from any SEPA account without the fee. Once owning a crypto one can easily trade it for other crypto currencies, stablecoins or fiat currencies. The trading fees are not very transparent, as there are differences between market price and actual exchange rates, nevertheless the beginners usually do not trade high volumes thus the fees don't matter that much. The app integrates also earn and supercharge services as well as genuine crypto debit card that comes with various tiers depending on the amount of staked CROs, the platforms own cryptocurrency. Furthermore the integration with the defi wallet allows access to the exploding world of defi projects.
Pros
- Very user-friendly interface
- Integrated solution
Cons
- Nontransparent exchange fees
- High withdrawal fees
