{"id":3740,"date":"2021-02-25T15:30:39","date_gmt":"2021-02-25T15:30:39","guid":{"rendered":"https:\/\/afluxcoin.com\/30\/the-truth-about-crypto-com-too-good-to-be-true\/"},"modified":"2021-02-25T15:30:39","modified_gmt":"2021-02-25T15:30:39","slug":"the-truth-about-crypto-com-too-good-to-be-true","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/pt\/30\/the-truth-about-crypto-com-too-good-to-be-true\/","title":{"rendered":"The Truth About Crypto.com\u2026 Too Good to be True?"},"content":{"rendered":"

Photo by M. B. M. on UnsplashLet\u2019s start with Crypto.com\u2019s main use case: exchanging currencies. Crypto.com lets you use its exchange on both the mobile app and the website. However, it is much more based on the app. In fact, if I tried to log in on the website, it would deny me due to \u201cmarket regulations\u201d. I\u2019m assuming that has to do with the United State\u2019s stricter regulation.Coin OfferingsCrypto.com supports about 50 different cryptocurrencies. While it\u2019s not the largest number of options when compared to some services like Binance, it\u2019s still more than other exchanges like Gemini and Coinbase. I appreciate that it does support many altcoins outside of the Ethereum ecosystem.FeesIn the first 30 days of signing up, Crypto.com lets you purchase crypto through a credit or debit card for no fees. After that, there\u2019s a higher 3%ish fee for converting fiat to crypto.For trading fees, their fee structure is a little complex.Crypto.com Trading FeesAs you trade more, your fees go down. Though I\u2019m guessing that most people reading this won\u2019t be trading above $1 million or even $250 thousand, let alone $200 million. But even at level 1, Crypto.com\u2019s trading fees are pretty fair and competitive.Security and InsuranceCrypto.com offers some great security protections. They do support 2-factor-authentication (which you should always set up on websites with money). In addition, they claim to have a total of $360 million dollars in insurance. Theoretically, if they were to get hacked, they\u2019d have the money to replace what was lost through the hack.We don\u2019t have any proof that would happen though. Binance has gotten hacked in the past and did pay everyone back. They\u2019ve proven themselves. But also got hacked in the process. As far as I can tell, Crypto.com would be a safe place to have some funds sitting\u2026<\/p>","protected":false},"excerpt":{"rendered":"

Photo by M. B. M. on UnsplashLet\u2019s start with Crypto.com\u2019s main use case: exchanging currencies. Crypto.com lets you use its exchange on both the mobile app [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3740"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3740"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}