What is Crypto.com?

Crypto.com, founded in 2016 as Monaco, rebranded after acquiring its domain in 2018 and has since expanded into a major industry player known for extensive marketing, including sponsoring major sports events and rebranding the Staples Center to the Crypto.com Arena. The platform is split between a mobile app and a desktop exchange, offering services like simple crypto swaps, tokenized stocks, Visa cards with CRO rewards, staking, and DeFi tools. The desktop exchange provides advanced trading options but is restricted in the US and Canada. Account creation requires KYC verification, and the platform emphasizes compliance across major jurisdictions, though it faced a dropped SEC investigation in 2025 and a notable security breach in 2022 where all lost user funds were reimbursed. Fees operate on a maker-taker model for the exchange, with discounts available through staking CRO or subscribing to the Level Up program, while the app charges variable spread fees on swaps and processing fees for card purchases. CRO (Cronos) is the native utility token used for accessing platform benefits and securing the multi-layer Cronos ecosystem.

(Source：The Block)