crypto.com

How to register?

Crypto.com is a Hong Kong-based crypto exchange that also offers crypto savings accounts and crypto loans.

Savings Accounts

Collateral

Loans

Clarity of interest policies

Jurisdictions

200+

Languages

EN + 6

CeFi/DeFi

CeFi

Pros

Savers can choose from a wide range of cryptocurrency savings accounts Currencies
High maximum interest rates compared to other platforms and there are several ways to get this higher rate Maximum Interest
Feature-rich wallet administration Wallet Admin

Cons

Low base interest rate Base Rate (Savings Accounts)
Once the loan-to-value ratio exceeds the critical liquidation threshold, crypto.com has the right to liquidate 100% of the loan collateral. Typically, crypto lending platforms will only liquidate to re-establish the agreed LTV Loan Liquidation
The lending features are only available on the crypto.com moile App, not on the desktop version Desktop App
Relatively high minimum amounts for crypto savings accounts compared to other platforms (around 200$ depending on the currency) Minimum Deposit
Lending services are not available in Hong Kong, Malta, Switzerland, and the US states of American Samoa, Guam, Northern Mariana Islands, Puerto Rico, Virgin Islands Countries
Customer support answers specific questions with general answers that provide little value Customer Service
The deposit limit is 500,000 USD. The limit is calculated using the price of the cryptocurrency when starting the earn term. Deposit Limits

All cons

The interest rates at crypto.com

Earn Interest
Borrow Money

	CRO	EOS	BTC	ETH	USDT	BCH	LINK	BNB	LTC	ADA	USDC	XLM	XTZ	ATOM	DAI	VET	MKR	OMG	COMP	ALGO	BAT	EGLD	TUSD	PAX	ICX	KNC	MANA	ENJ	PAXG	TGBP	TAUD	TCAD	CELR	DOT	UNI	BNT	DOGE
Basic Max	2% 6%	1% 5%	3% 8.5%	4.5% 8.5%	8% 14%	1% 5%	1% 5%	1% 5%	1% 5%	1% 5%	8% 14%	1% 5%	1% 5%	1% 5%	8% 14%	1% 5%	1% 5%	1% 5%	1% 5%	1% 5%	1% 5%	1% 5%	8% 14%	8% 14%	1% 5%	1% 5%	1% 5%	1% 5%	1% 5%	8% 14%	8% 14%	8% 14%	1% 5%	1% 5%	1% 5%	1% 5%	1% 5%
Basic Max	2% 6%	3% 8%	2.7% 8.5%	2.8% 8.5%	6.6% 14%	3% 8%	1.5% 8%	3.7% 8.5%	2.2% 8%	2.9% 8%	6.6% 14%	2.5% 8%	0.5% 5%	0.5% 5%	6.2% 14%	0.5% 5%	0.3% 5%	1.3% 5%	2.5% 5.8%	0.5% 5%	1.1% 5%	0.5% 5%	5.8% 14%	7.5% 14%	0.5% 5%	1.1% 5%	0.9% 5%	0.5% 5%	2.5% 8%	7.4% 14%	7.4% 14%	7.4% 14%	0.5% 5%	4.5% 11.2%	1% 5%	3% 6.9%	0.2% 5%

Compare Interest Rates

How to earn the highest interest rates with crypto.com

Crypto.com offers bonus interest if you hold a minimum amount of CRO Tokens (the native cryptocurrency of the platform) in your wallet.

Crypto.com also offers higher interest rates if you choose a longer lock-up period. You can select either flexible, 1-month, or 3-months periods.

The base rate for crypto.com is the rate savers get for a flexible term and if they don't meet the minimum CRO staking requirements. The maximum rate is the rate for a 3-months term and a CRO-stake equivalent of $40,000 or more.

All information is unofficial and subject to change.

Did you find outdated information? Write us a message.

	BTC	CRO	EOS	ETH	LTC	XLM	XRP
Basic Min	12% 8%	12% 8%	12% 8%	12% 8%	12% 8%	12% 8%	12% 8%
Basic Min	11.7% 0.8%	12% 8%	11.6% 0.8%	9.3% 0.1%	11.7% 0.8%	10.9% 0.8%	13% 6.9%

Compare Lending Rates

How to get the cheapest crypto loan with crypto.com

Crypto.com offers borrowers lower interest rates if they keep a minimum amount of CRO tokens (the native cryptocurrency of the platform) in their wallets.

All information is unofficial and subject to change.

Did you find outdated information? Write us a message.

Lending not a priority

Crypto.com is not a pure lending platform and the focus seems to be on their exchange services rather than on crypto lending. The base lending rates on savings accounts are low compared to other players. The fact that crypto.com has the right to liquidate a borrower's entire collateral if it exceeds a certain threshold is irritating. Compared to some of the pure players, crypto.com is a rather average lending platform.

crypto.com in the CryptoStudio-Check

Overview
Savings Accounts
Crypto Loans
Security
User Experience
Business Review

Overview

Platform Score

based on 5 categories

Savings Accounts

based on 9 criteria

Crypto-Loans

based on 10 criteria

Security

based on 8 criteria

User Experience

based on 13 criteria

Business Review

based on 5 criteria

Pros

Savers can choose from a wide range of cryptocurrency savings accounts

Currencies

High maximum interest rates compared to other platforms and there are several ways to get this higher rate

Maximum Interest

Feature-rich wallet administration

Wallet Admin

Cons

Low base interest rate

Base Rate (Savings Accounts)

Once the loan-to-value ratio exceeds the critical liquidation threshold, crypto.com has the right to liquidate 100% of the loan collateral. Typically, crypto lending platforms will only liquidate to re-establish the agreed LTV

Loan Liquidation

The lending features are only available on the crypto.com moile App, not on the desktop version

Desktop App

Relatively high minimum amounts for crypto savings accounts compared to other platforms (around 200$ depending on the currency)

Minimum Deposit

Lending services are not available in Hong Kong, Malta, Switzerland, and the US states of American Samoa, Guam, Northern Mariana Islands, Puerto Rico, Virgin Islands

Countries

Customer support answers specific questions with general answers that provide little value

Customer Service

The deposit limit is 500,000 USD. The limit is calculated using the price of the cryptocurrency when starting the earn term.

Deposit Limits

Savings Accounts

Rating:

Currencies:

37: CRO, EOS, BTC, ETH, USDT, BCH, LINK, BNB, LTC, ADA, USDC, XLM, XTZ, ATOM, DAI, VET, MKR, OMG, COMP, ALGO, BAT, EGLD, TUSD, PAX, ICX, KNC, MANA, ENJ, PAXG, TGBP, TAUD, TCAD, CELR, DOT, UNI, BNT, DOGE

Fiat Savings Accounts:

Base Rate:

3% for BTC, 4.5% for ETH, 8% for USDT

Maximum Interest:

There are different staking levels and lock up periods to choose from. Investors can only get the maximum interest rate on their cryptocurerncy if they choose the maximum staking level and the longest lock up period. For BTC, the maximum interest is 8.50%, for ETH it's 8.50%, and for USDT 14.00%.

Lock-up Periods:

Flexible, 1 months, or 3 months

Minimum Deposit:

Depending on the currency and lock-up period

Compound interest:

Simple daily interest that will not be compounded; interest is paid out weekly

Withdrawal Limits:

10 BTC for all cryptocurrencies on a 24h rolling basis

Currency of Interest Payments:

"In-kind" (same currency as deposit currency)

Did you find outdated information? Write us a message.

Crypto Loans

Rating:

Maturity:

12 months

Minimum Loan:

100 USD

Maximum Loan:

1 million USD

Loan currency:

Crypto

Accepted Collateral:

Loan Liquidation:

There are Margin Calls at 70% and 80% LTV. Crypto.com liquidates at 85% LTV. At this point, Crypto.com has the right to liquidate 100% of the borrower's collateral

Stress Test March 2020:

There have been no public reports on crypto.com's reactions during the Crypto Flash Crash

Base Rate:

12.00% for all loans

Minimum Interest:

Crypto.com offers lower rates if borrowers own a certain amount of CRO tokens. The minimum rate currently stands at [variable borrow_rate BTC] for all loans

Loan to Value Ratio:

50%

Did you find outdated information? Write us a message.

Security

Rating:

Withdrawal Speed:

10 BTC for all cryptocurrencies on a 24h rolling basis

Regulations:

The Crypto.com exchange is regulated in Malta

Team Transparency:

The management team is mentioned on the website

Crypto-Custody:

Crypto.com has a $750 million direct insurance policy by Arch Underwriting at Lloyd's Syndicate

Security Settings:

Crypto.com offers most industry-standard security settings such as 2-factor-authentication address whitelisting, ID Check, and facial recognition

Terms & Conditions:

Crypto.com has the right to use the assets deposited by savers or borrowers for investment purposes. That includes giving loans to third parties

Transparency:

The company does not regularly publish any platform-specific KPIs

Security Hacks:

There are no reports about any successful security hacks

Did you find outdated information? Write us a message.

User Experience

Rating:

Account Opening:

Registration is only possible through the mobile app. The process can be confusing due to ambiguous instructions

Business Accounts:

Mobile App:

Android and iOS, can be used as a standalone App, mobile-first approach

Desktop App:

The desktop app only offers Crypto.com's exchange services, but not the crypto lending features

Wallet address book:

The desktop app only offers Crypto.com's exchange services, but not the crypto lending features

Reporting:

The reporting shows the total interest earned. The user receives a comprehensive email reporting after each investment term. It is possible to download a CSV file showing the wallet history

Coin-Reporting:

Crypto.com provides a reporting in the respective cryptocurrency and in US dollar

Look & Feel:

Well-designed UI, feature-rich

Customer Service:

24/7 live customer chat support, no dedicated FAQ for crypto lending, customer service answers questions quickly

Clarity of interest policies:

The website clearly explains the crypto.com's interest rates policy, but it is not clear what happens if the user doesn't meet the requirements for maximum interest rates anymore due to a loss in value of the CRO token

Countries:

200+

Fees:

Crypto.com charges withdrawal fees

Languages:

EN + 6

Did you find outdated information? Write us a message.

Business Review

Rating:

Financing:

Crypto.com raised $26 million with an ICO in 2017. The company is not yet profitable

CEO Track Record:

CEO and founder Kris Marszalek has cofounded several businesses prior to founding crypto.com, with successful exits

Assets under Management:

Crypto.com does not publish any data regarding their overall AuM specifically for their lending business

User Base:

Crypto.com does not publish and data specifically for their lending business. The company has also not provided any information to CryptoStudio

Community Interaction:

Does participate in public discussion online but does not provide detailed answers to CryptoStudio's inquiries

Did you find outdated information? Write us a message.

Crypto.com Look & Feel

The lending features are only available in the mobile app, not in the desktop app. The app itself is not complicated to use, but the advertising popups are disturbing the user experience. Customer service does often answer lending-specific questions with general answers that don't help solving the problem.

Registration process

Registering with crypto.com is easy and straightforward and takes only a few minutes.

Step 1

Download and install the mobile app for iPhone (iOS) or Android (APK).

Step 2

Start the registration process through the mobile app.

Step 3

Most users won't need a metal card. Click on "Skip" to go to the next step.

to the Website *

All information is unofficial and subject to change. Links marked with an asterisk (*) may be affiliate links

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