The company traces its history to June 2016, when Monaco Technologies GmbH was registered in Hong Kong. The rebranding to Crypto.com occurred on July 6, 2018, and the exchange itself launched in public beta on November 14, 2019. The headquarters are located in Singapore (1 Raffles Quay). In December 2021, the exchange entered into an agreement to acquire Nadex and Small Exchange from IG Group (the deal was valued at approximately $216 million) - these assets formed the basis of its US derivatives business. The founders are Kris Marszalek (CEO), Rafael Melo (CFO), Gary Or, and Bobby Bao; together, they previously launched a card project under the Monaco brand. The company has raised approximately $38 million in venture capital from IDG Capital, DST Global, CRT Labs, and YZi Labs. Regulation and Licenses In Malta, Foris DAX MT Limited historically held a VFA Class 3 license from the MFSA; as of January 27, 2025, this was replaced by a MiCA Crypto-Asset Service Provider (CASP) license. Information on passporting has been published by the French regulator AMF. In the US, Foris DAX Inc. is registered as a Money Services Business (MSB) with FinCEN (number 31000159748181) and holds money transmitter licenses in over 40 states; however, the exchange does not hold a BitLicense from the state of New York. In Singapore, Foris DAX Asia PTE. LTD. received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore in June 2023 for digital payment token services. In the UK, Foris DAX UK Limited has been registered with the FCA as a cryptoasset firm (number 951771) since August 2022. In France, DASP status (AMF) was obtained in September 2022, and in Italy, registration with OAM was completed in July 2022. In the Netherlands, in March 2024, De Nederlandsche Bank (DNB) imposed an administrative fine of €2.85 million for providing crypto services without mandatory registration between May 2020 and November 2022; the status was subsequently normalized. In Dubai, in November 2023, CRO DAX Middle East FZE received a Full Market Product (VMP) license from VARA for exchange, brokerage services, and lending to institutional and qualified retail investors. On October 8, 2024, Crypto.com filed a lawsuit against the SEC in the US District Court for the Eastern District of Texas after receiving a Wells Notice. The exchange seeks a declaratory judgment that the SEC has exceeded its jurisdiction over the crypto industry. As of mid-2026, the litigation is ongoing. KYC is mandatory for all users: the Starter level provides basic access, while Advanced offers higher limits and access to derivatives. Prohibited jurisdictions include mainland China, North Korea, Cuba, Iran, Syria, as well as Crimea, the Donetsk and Luhansk regions of Ukraine. In Canada, in January 2023, the exchange delisted Tether (USDT) at the request of the Ontario Securities Commission. Products and Fees Spot Trading - launched immediately with the exchange opening in November 2019. Uses a price-time priority engine. Margin Trading - closed beta in November 2020, publicly available from November 30, 2020; implements a Smart Cross Margin system. Perpetual Futures - launched on February 18, 2021 (BTCUSD), followed by ETHUSD and other pairs. Quarterly Futures - announced on June 7, 2021, with expiration on the last Fridays of each quarter. OTC Fully-Funded Options (institutional) - launched in 2026; positions are fully collateralized at inception. Peer-to-Peer Lending - launched on April 29, 2022, on the web version of the Exchange. Supercharger - a flexible reward distribution program without lock-up, launched between September and November 2020. NFT Marketplace - opened on March 26, 2021. Prediction Markets «OG» - launched on February 3, 2026, through CDNA under CFTC oversight. Crypto.com Prime - an institutional program launched in February 2024 (includes OTC, sub-account management, and custodial partnership with Ledger Enterprise). The platform's native token is Cronos (CRO) (operating on the Cronos EVM and Crypto.org Chain blockchains). It is used for fee discounts, VIP status qualification, and participation in programs like Supercharger. On February 22, 2021, a burn of 70 billion CRO was announced and partially executed (59.6 billion were burned that same day). The fee model is multi-tiered (VIP), with maker/taker rates decreasing as trading volume and the amount of locked CRO increase. During certain periods, zero or negative maker rates were in effect. VIP status covers both spot and derivatives fees. API: REST, WebSocket, and FIX. Supports advanced order types (Stop-Loss, Take-Profit, OCO, Trailing Stop), an amend-in-place function, and self-trade prevention. Volumes and Liquidity As of Aug 3, 2026 , the exchange's trust score is 9 . The 24-hour spot trading volume is $292.79M . The derivatives segment traditionally accounts for a significant portion of total turnover - often exceeding spot volumes. The exchange consistently ranks among the top ten centralized platforms by volume, though it trails the leaders in market share. Security and Incidents 100% of user digital assets are stored in cold wallets based on Ledger Vault, supplemented by MPC keys and HSM. Since September 2021, a cold storage insurance program covering $750 million has been in place. The Account Protection Programme provides reimbursement for unauthorized withdrawals for qualified users up to $250,000. Incident of January 17-20, 2022 : Attackers bypassed two-factor authentication on 483 accounts, stealing approximately 443.93 BTC, 4,836.26 ETH, and $66,200 in other assets (totaling ~$34-35 million at the time). The exchange suspended all withdrawals for 14 hours, revoked 2FA tokens, and implemented a mandatory 24-hour delay for new withdrawal addresses. All affected users were fully reimbursed. Proof of Reserves : On December 9, 2022, an attestation from the audit firm Mazars was published as of December 7, 2022. After Mazars ceased working with crypto companies, Crypto.com transitioned to a public dashboard with cold wallet addresses verifiable by third-party analysts. The exchange holds SOC 2 (Type II), ISO/IEC 27001:2013, 27701:2019, 22301:2019, and PCI DSS Level 1 certifications. Scheduled maintenance outages occur during network upgrades (Cronos, Ethereum), along with occasional short-term incidents (e.g., login issues on August 15, 2024). Related Individuals Kris Marszalek (co-founder and CEO). Polish entrepreneur, graduate of Adam Mickiewicz University in Poznań. Before crypto, he founded and led Starline Polska (consumer electronics), created the mobile platform Yiyi, built and sold the online store Beecrazy to the iBuy group for $21 million in 2013, and was CEO of the Southeast Asian online retailer Ensogo. Rafael Melo (co-founder and CFO). 15 years of finance experience, previously worked at Ensogo alongside Marszalek. Gary Or (co-founder). Bobby Bao (co-founder and head of the venture arm Crypto.com Capital). Named to the Forbes Asia «30 Under 30» list. The venture fund Crypto.com Capital has a budget of $500 million for early-stage investments in Web3 projects. Potential The exchange is actively expanding its geographic footprint: in April 2024, it launched a trading app in South Korea (following the acquisition of local fintech companies PnLink Co., Ltd. and OK-BIT Co., Ltd. in 2022). The launch of the institutional program Crypto.com Prime (February 2024) strengthens its position in the high-net-worth and institutional segment. The product lineup has been expanded with OTC Fully-Funded Options (2026) and CFTC-regulated prediction markets «OG» (February 2026). Deep liquidity, support for FIX/Direct Market Access, and long-standing regulatory relationships in the EU and Asia provide a foundation for further growth in the institutional sector. Risks [Identified by Finkonkurs AI analytics system] Regulatory: The ongoing lawsuit against the SEC in the US (October 2024) creates uncertainty regarding access to the American market. The DNB fine of €2.85 million for unregistered activities in the Netherlands (historical, but reflects regulatory risks). The lack of a BitLicense in New York limits its presence in the largest US financial center. Security Incidents: The successful attack in January 2022 (483 accounts, ~$35 million) was the largest recorded hack, although the exchange fully reimbursed the losses. Market Risks: High dependence on its own token CRO, which is used for discounts and loyalty programs. The concentration of trading activity in derivatives may amplify the impact of market volatility. Competitive Pressure: The exchange remains in the top 10 but trails leaders ( Binance , Coinbase) in overall market share, limiting its ability to grow volumes in a highly competitive environment.
No news in this range
| # | Name | Price | 24h | 7d | 24h volume | Market Cap | Spread | Last 7 days | Updated |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  BitcoinBTC BTC/U | $63,967.00 | −1.30% | −1.70% | $263.36M | $1.26T | 0.010% | 5d | |
| 2 |  EthereumETH ETH/U | $1,917.28 | −1.40% | −0.20% | $191.49M | $223.11B | 0.011% | 5d | |
| 3 |  TetherUSDT USDT/U | $0.9997 | +0.00% | +0.00% | $804.65K | $183.26B | 0.011% | 5d | |
| 4 |  XRPXRP XRP/U | $1.08 | −1.30% | −2.10% | $8.17M | $66.78B | 0.019% | 5d | |
| 5 |  SolanaSOL SOL/U | $73.76 | −1.30% | −2.30% | $14.99M | $42.18B | 0.014% | 5d | |
| 6 |  HyperliquidHYPE HYPE/U | $59.70 | −0.20% | −9.90% | $3.98K | $11.63B | 0.176% | 6d | |
| 7 |  DogecoinDOGE DOGE/U | $0.071 | −1.40% | −3.30% | $2.20M | $10.79B | 0.017% | 5d | |
| 8 |  USDSUSDS USDS/U | $0.9993 | +0.00% | +0.00% | $111 | $9.73B | 0.111% | 16d | |
| 9 |  CardanoADA ADA/U | $0.1628 | −1.20% | +8.70% | $3.26M | $6.87B | 0.016% | 5d | |
| 10 |  ChainlinkLINK LINK/U | $8.48 | −1.90% | −1.50% | $415.60K | $6.15B | 0.012% | 5d |
| Tier | Volume USDT | Maker | Taker |
|---|---|---|---|
| — | |||
TrustpilotMy account was locked. I have submitted required identity verification document. 7 times no feedback from so call customer support specialist. It has been almost three weeks. I have available funds in my account to trade and make withdrawal. They refused to give me access to my account. locked my account for no reason. This company CRYPTO.COM is a SCAM ONCE THEY GET YOUR DEPOSIT..FUND 😒😤😑THEY WILL LOCK YOUR ACCOUNT. BEWARE.
TrustpilotGreat service
TrustpilotI must say my review of the customer services was fantastic. They answered my queries within minutes. They were professional and to the point. However, I was originally told that my 2050 usdc would release my funds into whatever wallet I wanted and then told that it would cost an additional 3500 usdc to release my funds via a blockchain. Who has 5500 to play around with? I explained that I didn't have it and would have to wait till the blockchain was free (would have to wait 6.5 months(which was an option they gave me) and then said they couldn't help me if I didn't pay the 3,500. If I lost my funds too bad - it would be my fault. Very disappointed, stand to lose 27,635.00 usdc., Will wait in hope, though not much hope I must say.
TrustpilotThey stole 2500€ from me. Refusing to unblock my funds via Satoshi Test. Stay away! Support is not responding. Awful experience, pure scam
TrustpilotBack in the days you would get customer support from them. Nowadays there is only ”special needs support” who can’t do anything. Crypto.com froze my deposit 3 days ago and still refuses to do anything to release the funds. Unfortunate to see company like this go hard downhill.
TrustpilotVery good experience, specially I had a problem with my account and the customer support team was very helpful and operational. Thank you!
TrustpilotThey make it impossible to deleta an account, I have tried multiple times always unsuccessful! They ask for my email and I have provieded it, then they ask for a code sent in my email and I have provided it, then they rquest a code sent to my phone, but they do not send it and I cannot delete my account! Ridiculous!
TrustpilotI'd give it zero stars if I could. Fees are outrageous. Support absolutely sucks. Tried to pay a shoe site that I've purchased from before with crypto on their app and they blocked me permanently from withdrawing due to "potential scam address". F this site and their horrible customer service that literally took nearly 30 minutes to respond each time and gave zero solutions.
The company traces its history to June 2016, when Monaco Technologies GmbH was registered in Hong Kong. The rebranding to Crypto.com occurred on July 6, 2018, and the exchange itself launched in public beta on November 14, 2019. The headquarters are located in Singapore (1 Raffles Quay). In December 2021, the exchange entered into an agreement to acquire Nadex and Small Exchange from IG Group (the deal was valued at approximately $216 million) - these assets formed the basis of its US derivatives business. The founders are Kris Marszalek (CEO), Rafael Melo (CFO), Gary Or, and Bobby Bao; together, they previously launched a card project under the Monaco brand. The company has raised approximately $38 million in venture capital from IDG Capital, DST Global, CRT Labs, and YZi Labs.
In Malta, Foris DAX MT Limited historically held a VFA Class 3 license from the MFSA; as of January 27, 2025, this was replaced by a MiCA Crypto-Asset Service Provider (CASP) license. Information on passporting has been published by the French regulator AMF. In the US, Foris DAX Inc. is registered as a Money Services Business (MSB) with FinCEN (number 31000159748181) and holds money transmitter licenses in over 40 states; however, the exchange does not hold a BitLicense from the state of New York. In Singapore, Foris DAX Asia PTE. LTD. received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore in June 2023 for digital payment token services. In the UK, Foris DAX UK Limited has been registered with the FCA as a cryptoasset firm (number 951771) since August 2022. In France, DASP status (AMF) was obtained in September 2022, and in Italy, registration with OAM was completed in July 2022. In the Netherlands, in March 2024, De Nederlandsche Bank (DNB) imposed an administrative fine of €2.85 million for providing crypto services without mandatory registration between May 2020 and November 2022; the status was subsequently normalized. In Dubai, in November 2023, CRO DAX Middle East FZE received a Full Market Product (VMP) license from VARA for exchange, brokerage services, and lending to institutional and qualified retail investors.
On October 8, 2024, Crypto.com filed a lawsuit against the SEC in the US District Court for the Eastern District of Texas after receiving a Wells Notice. The exchange seeks a declaratory judgment that the SEC has exceeded its jurisdiction over the crypto industry. As of mid-2026, the litigation is ongoing. KYC is mandatory for all users: the Starter level provides basic access, while Advanced offers higher limits and access to derivatives. Prohibited jurisdictions include mainland China, North Korea, Cuba, Iran, Syria, as well as Crimea, the Donetsk and Luhansk regions of Ukraine. In Canada, in January 2023, the exchange delisted Tether (USDT) at the request of the Ontario Securities Commission.
Spot Trading - launched immediately with the exchange opening in November 2019. Uses a price-time priority engine. Margin Trading - closed beta in November 2020, publicly available from November 30, 2020; implements a Smart Cross Margin system. Perpetual Futures - launched on February 18, 2021 (BTCUSD), followed by ETHUSD and other pairs. Quarterly Futures - announced on June 7, 2021, with expiration on the last Fridays of each quarter. OTC Fully-Funded Options (institutional) - launched in 2026; positions are fully collateralized at inception. Peer-to-Peer Lending - launched on April 29, 2022, on the web version of the Exchange. Supercharger - a flexible reward distribution program without lock-up, launched between September and November 2020. NFT Marketplace - opened on March 26, 2021. Prediction Markets «OG» - launched on February 3, 2026, through CDNA under CFTC oversight. Crypto.com Prime - an institutional program launched in February 2024 (includes OTC, sub-account management, and custodial partnership with Ledger Enterprise).
The platform's native token is Cronos (CRO) (operating on the Cronos EVM and Crypto.org Chain blockchains). It is used for fee discounts, VIP status qualification, and participation in programs like Supercharger. On February 22, 2021, a burn of 70 billion CRO was announced and partially executed (59.6 billion were burned that same day).
The fee model is multi-tiered (VIP), with maker/taker rates decreasing as trading volume and the amount of locked CRO increase. During certain periods, zero or negative maker rates were in effect. VIP status covers both spot and derivatives fees.
API: REST, WebSocket, and FIX. Supports advanced order types (Stop-Loss, Take-Profit, OCO, Trailing Stop), an amend-in-place function, and self-trade prevention.
As of Aug 3, 2026, the exchange's trust score is 9. The 24-hour spot trading volume is $292.79M. The derivatives segment traditionally accounts for a significant portion of total turnover - often exceeding spot volumes. The exchange consistently ranks among the top ten centralized platforms by volume, though it trails the leaders in market share.
100% of user digital assets are stored in cold wallets based on Ledger Vault, supplemented by MPC keys and HSM. Since September 2021, a cold storage insurance program covering $750 million has been in place. The Account Protection Programme provides reimbursement for unauthorized withdrawals for qualified users up to $250,000.
Incident of January 17-20, 2022: Attackers bypassed two-factor authentication on 483 accounts, stealing approximately 443.93 BTC, 4,836.26 ETH, and $66,200 in other assets (totaling ~$34-35 million at the time). The exchange suspended all withdrawals for 14 hours, revoked 2FA tokens, and implemented a mandatory 24-hour delay for new withdrawal addresses. All affected users were fully reimbursed.
Proof of Reserves: On December 9, 2022, an attestation from the audit firm Mazars was published as of December 7, 2022. After Mazars ceased working with crypto companies, Crypto.com transitioned to a public dashboard with cold wallet addresses verifiable by third-party analysts.
The exchange holds SOC 2 (Type II), ISO/IEC 27001:2013, 27701:2019, 22301:2019, and PCI DSS Level 1 certifications. Scheduled maintenance outages occur during network upgrades (Cronos, Ethereum), along with occasional short-term incidents (e.g., login issues on August 15, 2024).
The venture fund Crypto.com Capital has a budget of $500 million for early-stage investments in Web3 projects.
The exchange is actively expanding its geographic footprint: in April 2024, it launched a trading app in South Korea (following the acquisition of local fintech companies PnLink Co., Ltd. and OK-BIT Co., Ltd. in 2022). The launch of the institutional program Crypto.com Prime (February 2024) strengthens its position in the high-net-worth and institutional segment. The product lineup has been expanded with OTC Fully-Funded Options (2026) and CFTC-regulated prediction markets «OG» (February 2026). Deep liquidity, support for FIX/Direct Market Access, and long-standing regulatory relationships in the EU and Asia provide a foundation for further growth in the institutional sector.
Regulatory: The ongoing lawsuit against the SEC in the US (October 2024) creates uncertainty regarding access to the American market. The DNB fine of €2.85 million for unregistered activities in the Netherlands (historical, but reflects regulatory risks). The lack of a BitLicense in New York limits its presence in the largest US financial center.
Security Incidents: The successful attack in January 2022 (483 accounts, ~$35 million) was the largest recorded hack, although the exchange fully reimbursed the losses.
Market Risks: High dependence on its own token CRO, which is used for discounts and loyalty programs. The concentration of trading activity in derivatives may amplify the impact of market volatility.
Competitive Pressure: The exchange remains in the top 10 but trails leaders (Binance, Coinbase) in overall market share, limiting its ability to grow volumes in a highly competitive environment.
Fees are calculated using a multi-tier maker/taker system: current rates are — / —. The fee amount depends on the VIP level, which is achieved through trading volume, AUM, or CRO balance/staking. Historically, high VIP tiers have had negative maker rates.
The daily spot volume is $292.79M. The derivatives segment typically exceeds spot volume, but the exact figure $402.57M is not specified. The exchange consistently ranks among the top 10 centralized platforms by total volume.
The exchange has a rating of 9 and holds licenses: MiCA CASP in Malta, MAS MPI license in Singapore, and FCA registration in the UK. Cold storage is secured by Ledger Vault, insurance covers up to $750 million, and reserves are confirmed by Mazars' PoR report (December 2022). In January 2022, a hack occurred for ~$34 million - all 483 affected users were fully reimbursed.
The exchange lists 379 coins and 520 trading pairs. The product lineup includes spot, margin, perpetual and quarterly futures, P2P lending, Supercharger (lock-free farming), and institutional OTC options. The native token is CRO (Cronos), used for discounts and VIP status.
Trading requires mandatory KYC (Starter or Advanced for derivatives). The exchange is unavailable in New York, mainland China, North Korea, Iran, Syria, and certain territories of Ukraine. In Canada, USDT was delisted in January 2023 at the request of the OSC.
| Metric | |  |  |  |
|---|---|---|---|---|
| Trust | 9.0 | 10.0 | 10.0 | 10.0 |
| 24h vol | 4.67K BTC | 53.34K BTC | 10.99K BTC | 10.37K BTC |
| Markets | 520 | 1,370 | 1,697 | 1,092 |
| Spread | 0.163% | 0.062% | 0.078% | 0.043% |
| PoR | ✓ | ✓ | ✓ | ✓ |
I see the share in airdrop will fall from 250.000 to 150.000 going forward 👎
I used it a couple of times and noticed the prices to be a little cheaper, like $10 less.
it's like the 3 body problem...CRO enters a new chaotic era each year.
Wasn't there a booking.com collaboration already? You had to prepay and all the prices were materially higher.
No thanks. 10 years or rigging investors with your rubbish $CRO.
It's a real piece of shit. Hotel prices are higher than the original hotel site and you only get a tiny amount of cro back not enough to offset the price gauging. Airlines are also very limited. I don't see any deals remotely close to 30% off (icy). Lol. It's a fucking joke.
Delphi doesn’t know the correct amount of CRO that exists: >>As of May 2026, Cronos (CRO) has a total supply of approximately 24.18 billion tokens, with a circulating supply of roughly 24.18 billion tokens. >>CRO is the native utility token for the Cronos network and powers the entire ecosystem. You can track its performance and trade it directly within the Crypto.com App. And doesn’t even know about the governance proposal: >>There are no major active governance proposals for the Cronos (CRO) network at this time. Governance activity on the Cronos chain typically centers on network upgrades, ecosystem development, and resource allocation within the decentralized finance sector. >>Cronos (CRO) is currently trading at approximately **£0.05253**, reflecting a 24-hour change of -0.98%. While the broader crypto market has seen recent bullish rotation, altcoins like CRO often trade based on network activity, ecosystem growth, and overall sentiment surrounding the Cronos chain's scalability and dApp adoption. >>Governance proposals on chains like Cronos often influence market outlook by directly affecting protocol economics or security parameters. If you are tracking on-chain developments, it is worth monitoring official community forums to stay informed about upcoming governance decisions that could impact the ecosystem's trajectory. >>You can track the price and market updates for CRO directly in the **Crypto.com App** via the Markets tab. What’s the point of having this feature?
I booked via the CDC app before, it went to a weird Third Party site called Rocket Travel. Is that still the case?
the Exchange is obviously the smarter play, but sometimes when a token is nuking, you just want that one-click swap on the go. It’s just wild that the "convenience" fee for staying in the main app is basically a 4% tax on your remaining sanity Definitely moving everything over for the next rebalance because this spread is actually daylight robbery
In fairness, anyone still buying/selling on the Main App instead of the Exchange is the definition of insanity to me, if they know about it 🙄 It literally takes minutes to set up the Exchange, then a day or two to set up ACH with your bank for free On/Offboarding your fiat. Setting up favorites is a few minutes, there’s free transfers between both the App and the Exchange, except for Fiat. But, we’re all different, however I don’t think people have the right to complain, just because they’re to lazy to set up the Exchange! But, of course that’s just me. 🤷♀️
Not the same
>The spread on the main app Let's stop you there. You don't use the main app if you are concerned abt the spread. You use the exchange. Period.
Yes, that's the convenience price for the friction. You do know that there's a CDC exchange app right?
I just can't get excited by CRO any more, it was bad enough that the value of CRO kept falling and has never recovered to ATH's, but CDC bent us all over and gave it to us raw, hard, without lube and permission when they did the unburn. I just swap all of my rewards from my Jade card into BTC or PAXG now, I refuse to give CDC any more of my time or money.
If you just used the Exchange exclusively for buy/selling/trading crypto it’s just one move, what you mean is you just can’t be bothered. Which means your complaining about the spread is just rubbish & FUD. And you’re going to get called out for doing it, make the move, your future self will thank you for it.