Cons

WEEX is a popular crypto exchange that offers a comprehensive suite of trading services, including spot trading, futures trading with high leverage up to 400x, over-the-counter (OTC) trading, and copy trading. This WEEX Exchange review covers everything you need to know about the exchange, including its best features, security, fees, top WEEX alternatives, and a step-by-step guide on how to use the exchange.

WEEX Exchange Review: Quick Summary

WEEX Review: What is WEEX?

WEEX is a centralized cryptocurrency exchange founded in 2018 with a $100 million investment from a major blockchain firm. The platform offers basic and advanced trading features, including spot and futures trading with leverage up to 400x, over-the-counter (OTC) trading, and copy trading options, making it suitable for both beginner and professional traders.

In addition to these trading tools, Weex is also a top pick for high-frequency traders because it supports 1,500+ trading pairs and provides deep liquidity, while offering low fees. Unlike most regulated exchanges, WEEX allows users to trade with no KYC verification for smaller transaction limits.

WEEX Pros

• Supports a wide range of cryptocurrencies, over 1000 tokens, and 1500+ pairs.
• Strong security measures, including a 1000 BTC user protection fund, AI-powered risk control, and multiple security vendor audits.
• Copy trading feature allows users to mirror experienced traders easily.
• Low fees: 0.1% for spot trades, and discounted futures fees up to 30% for WXT token holders.
• Strong affiliate and referral programs offering commissions up to 30%.

WEEX Cons

• Fiat withdrawal is not supported. Users must transfer crypto elsewhere to cash out in fiat.
• OTC express trade is limited mainly to Chinese users with mandatory KYC.
• No direct fiat deposit options except through third-party OTC providers in certain regions.

Key Features of WEEX Crypto Exchange

The best features of WEEX crypto exchange include spot, margin, futures, copy, and demo trading.

1. Spot Trading

WEEX supports 1,500+ trading pairs, giving traders access to major crypto assets and smaller altcoins. The trading interface allows users to choose between basic and professional modes; the former is for quick trades, and the latter offers elaborate charts, advanced charting tools, and advanced order types like limit and market orders.

2. Margin Trading

For traders looking to amplify their positions, WEEX offers margin trading options via cross and isolated margin modes. In cross margin, all assets in your margin wallet serve as shared collateral across open positions, allowing profits from one trade to offset potential losses from another.

On the other hand, Isolated margin confines risk to a specific position; if the market moves unfavorably, only that margin is affected. WEEX dynamically adjusts margin requirements based on leverage and position size, helping traders manage liquidation risk more effectively. This flexibility allows traders to select the leverage and margin that aligns with their trading strategy.

3. Futures Trading

WEEX provides perpetual contracts with high leverage up to 400x on some assets, allowing traders to speculate on market movements without owning the underlying asset. For derivatives trading (futures and perpetual contracts), WEEX supports a range of pairs and includes an order book, position details with margin and unrealized P&L, real-time charts, and various order types like market and limit orders.

4. Copy Trading

The copy trading feature on WEEX lets traders mirror the strategies of experienced traders in real time. Users can browse leaderboards showcasing professional traders’ win rates, profit margins, trading frequency, and historical performance to choose whom to follow.

Once you follow a trader, all trades executed by the leader will be automatically copied in your account. For professional traders (master traders), WEEX offers an incentive system that rewards them with a percentage of profits from their followers’ earnings.

5. Demo Trading

To help users practice and improve their strategies, WEEX provides a Demo Trading environment that mimics real market conditions using virtual funds. New users receive 50,000 USDT in simulated balance for both BTC and ETH trading, allowing them to explore futures contracts, test strategies, and learn risk management without putting real money on the line.

The demo interface is similar to WEEX’s live trading environment, complete with live price charts, liquidation mechanics, and performance tracking, giving newcomers the confidence to transition to real trading once they’re ready. Aside from beginners, it is also a valuable tool for advanced traders experimenting with new strategies before going live.

WEEX WE-Launch

WEEX WE-Launch is a feature on the WEEX exchange that allows users to earn free crypto airdrop rewards from new and emerging projects by committing the native WEEX token. Here is a rundown on what the platform is, how it works, and how to get started.

What is WEEX We-Launch?

WEEX WE-Launch is the exchange’s built-in token issuance/airdrop platform. It’s designed so that holders of WEEX’s native token WXT can take part in new token drops and claim free allocations from projects launching on WEEX. Instead of paying, you simply commit your WXT, and in proportion, you will receive the new token rewards when the launch event ends.

Although the platform offers traders preferential treatment and early access to new tokens before they are available to the public, there are some limitations. For starters, the new tokens might be highly volatile or illiquid, and holders might convert them to a more stable token or sell them for the same.  

Secondly, if many participants commit large amounts of WTX, your share from the new token could be small. Still, it is worth giving the platform a chance since you stand a chance to receive free airdrops if you qualify. Below is a simple process on how to get started.

How to Participate in WE-Launch?

To participate in WE-Launch, first ensure you meet the requirements below:

• You must hold at least 1,000 WXT in your WEEX spot trading wallet. Your WXT holdings must stay above that minimum over certain snapshot days (often 2 days) before and during the event.
• If your balance dips below the required minimum during that period, you will become ineligible. Now, if you have WXT locked (staked/locked elsewhere), it won’t count toward eligibility.
• After the commitment phase ends, WEEX computes each participant’s reward share. Once the event concludes, the new tokens are distributed to participants’ spot wallets, as per the rules stated in the WE-Launch event. You can then trade or hold them once listing begins. 
• You can take part in multiple WE-Launch projects simultaneously (if you meet the criteria). 

Here is a straightforward guide on how to participate:

• Create a WEEX account and deposit funds. You can find a step-by-step guide on how to set up a new account on WEEX further in this article.
• Buy crypto and convert it to at least the minimum and ensure it’s in your spot wallet (not locked or in other wallets) ahead of the event.
• Monitor the WE-Launch page or announcements for an upcoming token drop. During the commit window, click “Quick Commit” to commit your WXT amount.
• Wait for the event to end. Afterward, claim the new token allocation when distribution opens.

Once distributed, the new token will appear in your spot trading wallet and be tradable (depending on the listing schedule).

Order Types on WEEX Exchange

WEEX provides various order types to give traders flexibility and control over their trades. These include Market Orders, Limit Orders, and Advanced Orders.

Market Orders

Market Orders are the fastest way to buy or sell crypto on most centralized exchanges, including WEEX. When you place a market order, the platform automatically executes it at the best available price in the order book. This order type is ideal for traders who want speed and certainty of execution over price precision, especially during high volatility periods.

Limit Orders

Limit Orders, on the other hand, give traders more price control. Here, you set a specific price at which you want to buy or sell an asset. The order remains pending until the market reaches that price. This allows you to plan your entries or exits strategically, rather than reacting in real time. Limit orders are especially suitable for experienced traders who want to take advantage of price dips.

Advanced Orders

WEEX also supports advanced orders, including stop-loss, take-profit, and trigger orders. These are essential risk management tools that help traders automate their strategies. For example, a stop-loss order automatically sells an asset once its price falls to a set level, minimizing potential losses.

Meanwhile, a take-profit order locks in gains when a target price is reached. Trigger orders combine both functions, allowing traders to set conditions that automatically execute orders once specific market criteria are met.

WXT Token Ecosystem Review

WXT is the native utility token of the WEEX crypto exchange. The token serves multiple purposes within the WEEX ecosystem, including granting holders access to fee discounts, facilitating participation in token launch events, enabling staking/holding rewards, and providing other benefits associated with VIP levels and governance functions.

The total supply of WXT is 10 billion tokens. Out of that, about 3.9 billion are in the circulating supply initially. Here’s how the distribution is broken down:

• WTX Ecosystem (20%): To support project incubation, growth of Web3 initiatives in the WEEX ecosystem.
• Used Acquisition (10%): This allocation is for growing the WEEX community (funding referral programs, promotional airdrops, WE-Launch participation bonuses, and staking incentives).
• WEEX Protection Fund (25%): Reserved to help compensate users in case of losses not caused by user error.
• Partner Ecosystem Fund (15%): This allocation supports collaborations, project listings, and Web3 partnerships that integrate with or build on the WEEX platform.
• Team Incentives (15%): To ensure long-term alignment, 15% of the total supply is allocated to the WEEX team and key contributors.
• Branding and Promotion (15%): The remaining share is allocated to marketing, brand expansion, and global awareness initiatives.

Of the total token supply, about 10% is allocated to incentives that directly involve the community, through holding, staking, WE-Launch, airdrops, and user growth. Additionally, WEEX runs airdrops, holder-prize pools, and promotions where holding WXT gives eligibility.

Benefits for WXT Holders

Holders of WXT enjoy several benefits, including:

• Trading Fee Discounts: Holding WXT allows you to reduce both spot and futures fees. WTX holders could get up to 20% discount on futures fees.
• Access to WE-Launch/Token Airdrops: Users holding WXT can commit tokens to WE-Launch events and receive free allocations of new tokens from projects launching on WEEX. 
• Staking/Holding Incentives: WXT offers yields for those who stake or hold longer term. 
• VIP Level Upgrades/Privileges: WXT holdings contribute to VIP status on WEEX, which brings further discounts, better terms, and priority access to events.
• Profit-Sharing and Community Governance: In some of WEEX’s copy trading/elite trader schemes, WXT holders (or top traders who hold WXT) can get higher profit sharing. Also, WXT gives some governance or voting rights in certain platform decisions (new listings, features).

WEEX Affiliate & Referral Programs

The WEEX affiliate program offers large-scale promoters (bloggers and crypto influencers) access to earn passive income by advertising the platform. Meanwhile, the referral program gives every user access to do the same and earn rewards. Let’s look at how the affiliate and referral programs are different.

WEEX Affiliate Program

The WEEX Affiliate Program helps influencers, community leaders, and crypto enthusiasts earn commissions by promoting the exchange. When you become an affiliate on WEEX, you receive a unique referral link to invite others to join WEEX. Whenever those referred users trade, you earn a percentage of the trading fees.

The WEEX affiliate program offers one of the highest commission structures in the industry, around 30% and includes dedicated support from affiliate managers, access to exclusive campaigns, and promotional materials to help affiliates promote the exchange.

WEEX Referral Program

The WEEX Referral Program is a simpler version of the affiliate system and is open to all WEEX users. It allows anyone trading on WEEX to earn rewards by inviting friends or colleagues to join the platform.

All you need to do is share your referral code or link, and when the invited users begin trading, you and the invitees will receive incentives such as trading fee rebates, bonuses, or even special rewards like mystery boxes during promotional events.

The referrer earns up to 50% of the trading fees generated by your referrals, while the new users also benefit from discounts on their trading fees. In addition to the standard reward, the platform runs seasonal campaigns occasionally offering extra rewards for active participants, including cash prizes and WXT token bonuses.

WEEX Exchange: Security Measures

WEEX Exchange implements multiple security measures to safeguard user accounts and assets. Some of these features include:

• Two-Factor Authentication (2FA): Mandatory for all users, adding an extra verification layer beyond passwords to prevent unauthorized account access.
• AI-Powered Risk Control: The crypto trading platform combines artificial intelligence with manual oversight to monitor trading activities and detect fraudulent or suspicious behavior in real time.
• Strong Encryption and Cold Storage: WEEX Exchange uses advanced encryption protocols and extensive cold wallet storage to secure user funds and sensitive data.
• 1,000 BTC Investor Protection Fund: This fund serves as a safety net for users in case of asset losses resulting from events outside their control.
• Regulatory Compliance: WEEX holds US and Canadian MSB (Money Services Business) licenses and undergoes independent security audits by reputable third-party vendors.

Is WEEX Safe?

WEEX is considered safe, but the regulatory level is discouraging. It is left to you to decide if you would use the exchange to trade or not. As discussed above, WEEX prioritizes security, ensuring that the platform and user assets are preserved by advanced encryption, two-factor authentication, and a protection fund designed to cover user assets in case of unforeseen incidents.

WEEX Exchange Fees

WEEX Exchange fees could further be used for trading fees and deposits, and withdrawal fees. Here is a rundown of the charges on WEEX Exchange.

Trading Fees

Like other top centralized exchanges, WEEX follows a tiered fee structure, where users with high 30-day trading volume, WXT holdings, and high 5-day average asset holdings get discounts on trading fees.

• Standard Spot Fees: 0.1% maker/taker fees

• Standard Futures Fees: 0.02% maker and 0.08% taker fees.

WEEX has eight VIP levels, and as you meet new VIP requirements, you get more discounts, up to 0% for VIP 8 traders.

Deposits and Withdrawals Fees

• Deposits: Deposits on WEEX are free of charge.
• Withdrawals: The exchange does not directly charge fees, but you will incur gas or miners’ fees. This fee on WEX varies based on the cryptocurrency and current network congestion. For example, BTC withdrawal on the BTC network has a fee of around 0.0016 BTC, and ETH withdrawals have a fee of around 0.0015 ETH.

How to Use WEEX Exchange?

Below are step-by-step guides on how to open an account and start trading on WEEX.

How to Open a WEEX Exchange Account?

Follow these steps to open a new account on WEEX Exchange:

• Visit the WEEX official website or download the app if you want to trade on mobile.
• Click Sign up at the top right corner of the page and enter your email or phone number and the referral code “cglw” then click “sign up and claim your reward” to complete the registration process.
  
• Input the 6-digit code sent to your email and add a strong password to complete the account verification.

How to Start Trading on WEEX Exchange?

Follow these steps to trade on WEEX Exchange:

• After logging in, deposit funds into your account.
• Click on Spot or Futures to either execute basic buy/sell orders or use leverage on the futures market to amplify your trade.
• Choose trading pairs and place Market or Limit orders via the trading interface.
• Customize other settings, especially Stop Loss and Take Profit to manage liquidation risk.

You can also use demo features to practice your strategy before going live.

How to Deposit & Withdrawals at WEEX?

To deposit funds on WEEX Exchange, go to the Wallet section and select “Deposit”

• Choose between crypto deposits or fiat payment methods.
• For crypto, select the coin, copy the deposit address generated, and send funds from your external wallet.
• For fiat, choose available payment methods like bank transfer or cards, and complete payment.

To withdraw money on the WEEX Exchange, go to Profile and select “Withdraw.”

• Choose a token and specify withdrawal address or internal transfer option.
• Confirm details carefully because if you send crypto to the wrong wallet address, you will lose it forever. Crypto withdrawals cannot be reversed.

Note: Fiat withdrawals on WEEX are not supported globally, so withdraw to an external wallet that supports fiat withdrawals.

WEEX App Review: User Experience

After spending time using the WEEX app, it’s obvious that the platform was designed with both beginners and professional traders in mind. The onboarding process is fast. You can create an account and start trading almost instantly without having to go through any KYC verification, just as WEEX advertises.

The interface feels clean and uncluttered, especially on mobile. The app layout is also intuitive, like the charts, trading pairs, and order options are easy to locate, even for a first-time user. And if you’ve used any top centralized exchanges, it will be easy to get familiar with the WEEX Exchange.

Switching between spot and futures markets is easy, the app has good speed, even during heavy market activity and executing trades feels smooth and almost instantaneous. From my experience, the WEEX copy trading feature is well-integrated and easy to use. You can browse through trader profiles, check their performance history, and start copying with just a tap, nothing new, same process as with other top CEXs.

The Wallet section shows your portfolio distribution clearly and allows quick deposits, transfers, and withdrawals with minimal steps. Ultimately, using the app didn’t feel much different than other exchange apps, like Binance, Bybit, or MEXC.

WEEX Customer Support & User Feedback

WEEX offers support primarily through Telegram and an AI customer service feature on the WEEX website to connect with live agents. If you have issues like bugs or other problems, you will need to report them on the WEEX support page with detailed descriptions and screenshots.

When it comes to user feedback on WEEX, some users report slow or poor customer support responses and issues with account freezing and withdrawal difficulties. Several user reviews on platforms like Trustpilot and Reddit describe experiences of account problems, lack of resolution from support, and suspicions of risk management bots blocking accounts without clear explanations.

WEEX Global Brand Ambassador

Michael Owen is the WEEX Global Brand Ambassador. The former professional footballer was announced as the brand ambassador in July 2025. Michael Owen brings global recognition from his football legacy (Ballon d’Or winner and Premier League Golden Boot recipient) to support WEEX’s mission.

Top Alternatives to WEEX for Crypto Trading

Next Read: Find out more about OKX Exchange in this detailed OKX Exchange review.

Conclusion: Is WEEX a Good Exchange?

There is no clear answer to determine whether it is good or bad. Depending on your trading needs and goals, WEEX might be a good exchange. The platform offers various basic and advanced trading tools, catering to beginners and experienced traders alike. In addition, it is a top pick for traders in major markets where most centralized exchanges are banned, and the no-KYC policy is also a bonus for traders who prefer to trade anonymously.

FAQs

What is WEEX Used for?

WEEX is a cryptocurrency exchange that is used for trading, buying, and selling digital assets like Bitcoin, Ethereum, Solana, and other cryptocurrencies. 

Can I Earn Passive Income on WEEX?

Yes, you can earn passive income on WEEX via their referral program, copy trading, and other rewards programs. WEEX offers a referral program where you earn up to 30% commissions from the trading activity of users you refer.

Another way to generate passive income on WEEX is by becoming an elite trader in their copy trading platform. Elite traders also earn high commissions on successful trades when others copy their strategies. You can also earn passively on WEEX by holding and staking crypto assets and participating in other time-bound events.

Is WEEX Available in the United States?

Yes, WEEX is available for traders residing in the United States. The platform holds a legal license as a Money Services Business (MSB) with the US Financial Crimes Enforcement Network (FinCEN), ensuring compliance with US financial regulations.

How do I Claim the WEEX Bonus?

To claim the WEEX bonus, follow these steps:

• New User Registration and KYC Verification: Register a new account on WEEX and complete the KYC verification by uploading valid identity verification documents. This will earn you an initial risk-free bonus of 5 USDT credited to your account.
• Deposit Funds: To claim additional bonuses (such as 30 USDT and futures deposit bonuses up to 500 USDT), you need to make consecutive net deposits (three deposits of 200 USDT or more) and fulfill a minimum futures trading volume (10,000 USDT).

After completing those conditions, click the “Claim” button on the promotion page to receive your bonus. Ensure you use the correct referral code during registration and fulfill the deposit and trading volume conditions to unlock referral bonuses and commissions.

Crypto.com is a leading crypto exchange, offering extensive trading features that cover the needs of both individual and institutional traders. The best features of Crypto.com include multiple trading options, crypto cards, staking and DeFi, CRO rewards, and compliance with crypto regulations.

Although it is often recommended, you should not begin trading on the platform blindly. Hence, this Crypto.com review will cover everything you need to know about the Crypto.com Exchange, including its best features, trading options, security level, and a step-by-step guide on how to open an account. Let’s get started!

Crypto.com Review 2025: Quick Summary

Crypto.com Review: What is Crypto.com?

Crypto.com is a leading exchange that offers investors an all-in-one trading platform and a complete suite of services, including crypto trading, staking, access to decentralized applications (dApps), and an NFT marketplace. Founded in 2016, the exchange has grown into one of the world’s leading crypto ecosystems, serving about 100 million users across more than 90 countries.

Crypto.com provides traders with access to spot, margin, and derivatives markets, as well as automated bots such as DCA, Grid, TWAP, and Arbitrage, all backed by institutional-grade liquidity and high-frequency trading infrastructure. The platform supports over 400 cryptocurrencies and more than 300 available pairs for trading on the spot, margin, and derivative markets.

Beyond trading, Crypto.com positions itself as a bridge between traditional finance and Web3, with offerings in DeFi, NFTs, and blockchain through its native Cronos Chain. The platform’s native token, CRO, powers many of these features, from transaction fee reductions to staking rewards and cashback on card purchases.

Crypto.com Pros

• Competitive fee structure, especially for trading with CRO staking and high-volume tiers, with maker fees down to 0% and taker fees as low as 0.075%.
• Mobile-first, user-friendly app with integrated portfolio tracking, easy fiat on-ramps, crypto purchase, and VISA card cashback rewards.
• High-yield staking programs offering up to 19% APY on selected digital assets.
• Comprehensive product suite: trading (spot and futures), NFT marketplace, DeFi wallet for self-custody, and crypto payment services.
• Strong regulatory compliance worldwide and advanced security infrastructure, including multi-factor authentication, cold storage, and Proof of Reserves transparency.
• Crypto.com Visa card offers cashback of up to 8% and additional benefits, including Spotify/Netflix rebates for CRO stakers.

Crypto.com Cons

• Customer support could be better. It is often slow, unresponsive, and sometimes ineffective in resolving issues.
• Withdrawal fees for cryptocurrencies can be relatively high, with minimum withdrawal amounts that may deter some users.
• Some services, including derivatives and advanced trading, are restricted or unavailable to New York residents and certain regions.

Crypto.com Review: Main Products

Crypto.com’s main product offerings are the Mobile app, the Crypto.com Exchange for spot and derivatives trading, and the Onchain Wallet.

1. Crypto.com App

Crypto.com mobile app is a beginner-friendly trading platform that allows you to buy and sell coins, track prices, withdraw funds, top up your Visa card, and hold your digital assets all within your mobile device. The app offers a simple and clean interface, making it easier for users to navigate.

In addition to the beginner-friendly interface, Crypto.com supports over 400 cryptocurrencies on the app. Also, you can fund your account in several ways:

• Bank transfer
• Debit card
• Credit card
• PayPal (available in select regions)

For users in the US, ACH transfers are free, but card purchases carry a 2.99% fee. In the EU, the cost can reach up to 4%, making bank transfers the smarter option whenever possible.

2. Crypto.com Exchange

The Crypto.com Exchange supports spot, derivatives, and margin trading, giving traders everything they need to handle different strategies with ease. It has a clean, easy-to-use interface that makes navigation simple for new users. In addition, the charts are powered by TradingView, which makes analysis more precise and detailed.

The exchange also offers strong liquidity across major trading pairs like BTC/USDT and ETH/USDT. For those who prefer smaller markets, several altcoin pairs offer decent trading volumes. Also, the platform’s fees are fair and flexible. Both maker and taker fees decrease as your trading volume increases, or when you hold CRO, the platform’s native token.

3. Crypto.com Onchain

Crypto.com Onchain is a non-custodial wallet that allows users to have full control of their crypto assets while offering access to everything on  DeFi in one place. Unlike the custodial platform, where funds are held by the company, Crypto.com Onchain allows users to manage their private keys directly. The wallet supports over 30 networks and allows for fast transactions without third-party involvement.

Crypto.com App Review: Core Features

The core features of the Crypto.com app are highlighted below:

• Buy, Sell, Trade Cryptocurrencies: Crypto.com app allows users to buy, sell and trade 400+ cryptocurrencies. It supports various payment methods, including credit/debit cards, and bank transfers. The app also provides real time price tracking and order execution.
• Crypto Earn: Users can earn interest on their cryptocurrency holdings. The app offers different terms and interest rates, supports multiple cryptocurrencies for earning interest, and makes weekly interest payments.
• Crypto.com Pay: It enables users to pay with crypto at merchants that accept Crypto.com Pay. So, users can send crypto to other Crypto.com users. The platform also provides rewards in the form of CRO.
• Sports Events Trading: Allows users to trade tokens linked to the performance of sports teams or athletes, often available for specific sports leagues or events, and features real-time trading and price fluctuations based on market demand and event outcomes.
• Stocks and ETFs: The platform gives users access to trade stocks and ETFs, and it provides tools for portfolio tracking and monitoring. m
• Crypto Baskets: Allows users to invest in a portfolio of crypto assets, such as DeFi Index, Metaverse Index, or other thematic indices. It also offers a simplified way to diversify crypto holdings, and balances the digital assets within the basket based on its underlying methodology.

Crypto.com Exchange Review: Trading Features

Crypto.com Exchange offers various trading features for both experienced and beginner traders. These features include spot and derivatives trading, OTC trading, automated trading, and high-frequency trading. In addition to this, the exchange provides a wide range of trading pairs for all traders.

1. Spot and Derivatives Trading

Spot and derivatives trading on Crypto.com is similar to that of other platforms. The exchange enables traders to trade various digital assets on the spot market at current market prices, with minimal risk except for market fluctuations. Meanwhile, advanced traders who want to increase their gains can use derivatives products such as futures and perpetual contracts.

These trading options give you exposure to price movements without holding the underlying asset. Simply put, you can bet on the prices of various tokens (whether they will go up or down), without owning or buying the asset. For instance, if you are betting on the price of BTC to fall to $90,000, you can place your trade even if you do not own BTC.

To ensure that crypto trading on the platform is accessible to both retail and professional traders, the exchange provides advanced charting tools, competitive fees, and a clear and customizable interface.

2. OTC Trading

The OTC (Over-the-Counter) trading service on Crypto.com is perfect for high-volume traders, protocols, and institutions that need to execute large orders efficiently. If you are a private wealth trader, this feature ensures minimal market impact, competitive pricing, and better support and privacy.

The trading platform offers users over 500 assets and deep liquidity to ensure they can complete transactions without a massive impact on the general market and minimal slippage. OTC trading is reserved for Crypto.com Institutional and Exchange VIP clients and is subject to the regulations of your jurisdiction. To get started, ensure you meet all the requirements, then proceed to apply on the company’s OTC Trading page.

3. Automated Trading

Crypto.com supports automated trading through customizable strategies and API integrations. Traders can deploy bots to monitor the market and execute trades based on predefined parameters. This eliminates the need for manual input and emotional trading decisions/calls since bot trading relies solely on data-driven decisions to ensure consistent performance even during market volatility. The bots available on Crypto.com are;

• DCA Bot: The Dollar-Cost Averaging (DCA) Bot on Crypto.com helps traders invest in crypto gradually over time instead of all at once. It automatically buys a fixed amount of a chosen asset at regular intervals, regardless of market conditions. This strategy reduces the impact of short-term volatility and helps build positions steadily.
• Grid Bot: The Grid Trading Bot capitalizes on market volatility by placing buy and sell orders within a predefined price range. It divides this range into multiple “grids,” automatically buying when prices fall and selling when they rise. This bot works best in sideways or mildly fluctuating markets, where you can capture consistent small profits from regular price movements.
• TWAP Bot: The Time-Weighted Average Price (TWAP) Bot is ideal for traders handling large orders who want to minimize market impact. Instead of executing a single large trade, the bot divides it into smaller chunks and executes them over a set time period. By doing this, it ensures that the overall execution price stays close to the market average.
• Arbitrage Bot: Crypto.com’s Arbitrage Bot leverages price differences between various markets or trading pairs to generate profit with minimal risk exposure. It automatically scans for discrepancies in asset prices and executes trades to capture these spreads before they close.

This strategy depends heavily on speed and market liquidity, and is almost impossible to manually achieve much results, making the trading bot an integral part of the trading process.

On Crypto.com, these bots can be fully customized, allowing users to set their preferred price range, number of grids, and investment amount for the best possible output/performance.

4. High-Frequency Trading Engine

Crypto.com has a high-performance infrastructure and low-latency execution, which accommodates high-frequency trading (HFT) strategies. HFT is the use of powerful algorithms and high-speed systems to execute a large number of trades in fractions of a second.

On Crypto.com, HFT trading is supported through the platform’s low-latency infrastructure, deep liquidity, and advanced APIs that enable traders (institutions and high-volume traders) to act on price changes almost instantly.

5. Extensive Trading Pairs

Crypto.com offers a comprehensive selection of trading pairs in the market. Although the platform offers a lot fewer tokens than other exchanges, you will always find the best and top trading pairs, starting from major cryptocurrencies (BTC, ETH, SOL), stablecoins (USDT, USDC), and emerging tokens.

The exchange offers 300+ pairs for spot trading, 200+ for margin trading, and 100+ trading pairs for perpetuals and futures contracts. This wide range of pairs provides traders with greater flexibility in portfolio diversification and strategy development.

Crypto.com Onchain Review

Crypto.com Onchain Wallet is a non-custodial, self-custody wallet that gives users complete control over crypto assets and their private keys. Unlike the general Crypto.com exchange platform, where Crypto.com holds the private keys, the Onchain Wallet stores your keys locally on your device, giving you complete ownership and control. The key features of the Onchain include the following:

• Self-custody: As stated earlier, you manage your private keys and seed phrase, giving you full ownership of your crypto and your account. If you lose your recovery phrase, Crypto.com cannot help you recover the funds.
• Multi-chain Support: The wallet supports 30+ blockchains, including Ethereum, Bitcoin, Solana, Polygon, Base, and Cronos, with over 1,000 tokens supported.
• DApps and DeFi Integration: It directly connects you to decentralized applications (dApps), staking pools, and decentralized exchanges (DEXs). You can swap tokens, stake assets, or provide liquidity without leaving the wallet interface.
• Opportunities to Earn Passive Income: Through the wallet, you can access DeFi Earn, which aggregates staking and yield opportunities from multiple protocols. This allows users to earn passive income without managing complex DeFi tools directly.

The Onchain Wallet is user-freindly and implements security features like device-level encryption, biometric authentication (Face ID, fingerprint), and optional two-factor authentication.

Crypto.com Review: Other Features

In addition to the trading features discussed above, Crypto.com offers other features that give traders on the platform a smooth trading experience. These features include the Crypto.com Visa Card, the crypto credit card, an NFT marketplace, staking and DeFi, and the CRO reward.

1. Crypto.com Visa Card

The Crypto.com Visa card is a prepaid card that allows the platform’s users to spend crypto in real life, with rewards and rebates attached. For instance, if you had a Crypto.com card, you could deposit some crypto in it and shop at the supported outlets without worrying about converting your funds to fiat currencies.

So instead of loading it or linking the card directly to your Crypto.com account like traditional credit cards, the card is prefunded (except where the Visa Signature credit card is available, e.g., in the US). These cards are issued based on a tiered structure. To get higher tiers of the card (e.g. Jade, Icy, Obsidian), you will need to stake a certain amount of CRO for a fixed period.

Rewards are paid in CRO for eligible spending. There are spending rewards, purchase rebates, subscription rebates (e.g., for services like Netflix/Spotify, depending on card tier), and other perks (free ATM withdrawals up to certain limits, airport lounge access for higher tiers, etc.).

Note: The rewards depend heavily on maintaining the CRO stake or lockup. If you unstake prematurely, you may lose or reduce certain perks.

2. Crypto Credit Card

The crypto credit card offered by Crypto.com often gets confused with the Visa card discussed above, or sometimes, traders misinterpret it for its literal meaning (misunderstanding whether the card is credit or prepaid). Meanwhile, Crypto.com’s credit card is the new Visa Signature Credit Card.

The new Visa Signature Credit Card in the US expands the company’s product line. It offers uncapped crypto rewards on purchases and comes with benefits like travel protections. While this card isn’t available in many regions, traders in supported regions get a welcome bonus for new cardholders if they meet spending thresholds.

3. NFT Marketplace

Crypto.com has an NFT marketplace where users can mint NFTs, buy and sell, and also access “cross-market” listings (e.g. specific collections from OpenSea) within the platform. To create NFTs on Crypto.com, you need to apply to be a creator. Once approved, you can mint on chains supported (Ethereum, Polygon, Cronos, etc.) and list NFTs for sale.

As a creator, you can set royalty percentages for secondary sales; royalties are automatically taken on resale. Secondary seller processing fees exist (a cut taken by the platform). If you are buying, you will not pay extra beyond the listed price on purchase.

4. Staking & DeFi

Crypto.com offers both traditional on-chain staking and a newer DeFi Staking feature to users via its app and exchange. Here is a breakdown of how these two earn products differ.

On-chain staking on Crypto.com enables users to stake supported cryptocurrencies on their respective blockchains, thereby helping to secure the network. It is flexible, allowing unstaking at any time after activation, and users earn proportional rewards regularly.

To stake your idle crypto assets, go to “Yield” and “Staking and DeFi,” then select the token, confirm the stake, and start earning rewards from the blockchain protocol. Some campaigns also offer bonus rewards for staking specific tokens, such as SOL or ETH, during designated periods.

DeFi Staking is a newer feature. DeFi Staking enables users to access DeFi protocol yields within the Crypto.com ecosystem. Users can lock up supported tokens like CorgiAI, Minted, or VVS Finance for a fixed period to earn rewards up to around 35% APR.

The rewards you earn from this are distributed up to three times per week, but your tokens will be locked and cannot be unstaked until the term ends, unlike in traditional staking. Once the lock-up period elapses, Crypto.com will return your tokens automatically to the wallet in the app or exchange.

5. CRO Reward

CRO is the native token of Crypto.com, and many of the platform’s perks depend on how much CRO you hold and how long you lock or stake it. The more CRO you lock in (and for longer), the more benefits you unlock. The benefits include lower trading fees, higher earn/yield rates for staking, better margin trading rates, and better card rewards (spending & rebates), among others.

Crypto.com Wallet Review

The Crypto.com Wallet is a central trading interface and asset management system, enabling users to trade or invest through the Crypto.com App/Exchange. Unlike the Onchain Wallet, when using this platform, the exchange retains control of your private keys, while you manage your assets through your account.

The wallet supports hundreds of cryptocurrencies, allowing users to buy, sell, hold, and make cryptocurrency transfers with ease. The trading interface is similar to that of the majority of centralized exchanges in the market, with live order books, advanced charting tools, customizable trading options, and other advanced features like trading bots and institution-grade products.

Crypto.com Security: Is Crypto.com Safe to Use?

Yes, from an independent review of the platform and its security features, Crypto.com is considered a safe cryptocurrency platform to use. The company has invested heavily in compliance, asset protection, and user safety, combining institutional-grade infrastructure with robust security audits on a regular basis.

Security Measures

Below are the key security measures that make Crypto.com a safe platform:

• Cold Storage for Funds: The majority of user assets are stored in offline cold wallets, significantly reducing the risk of hacks or unauthorized access.
• $750 Million Insurance Coverage and Proof of Reserve: Crypto.com maintains one of the largest insurance programs in the crypto industry, covering potential damages from theft or security breaches. In addition to the insurance, Crypto.com fully reserves customer assets with a 1:1 backing; assets are verifiable on-chain via live Proof of Reserves dashboards.
• Multi-Factor Authentication (MFA): Multi-factor authentication (MFA) is required for login, withdrawals, password changes, and API key activation, supporting biometric options like fingerprint and facial recognition.
• Withdrawal Address Whitelisting: Users can pre-approve withdrawal addresses to prevent transfers to unknown or malicious wallets.
• Hot wallets for operational use are tightly permissioned and secured with hardware security modules (HSMs).

Crypto.com Fees Review

Trading Fees

Crypto.com uses the standard maker-taker fee structure for spot and derivatives markets, and fees are calculated based on your 30-day trading volume or your CRO stake. Here is a rundown of the fees and how discounts are applied for VIP traders.

Spot Trading Fees (Level 1)

• Maker Fees: Begin at 0.250% for traders with a 30-day trading volume under $10,000 and no CRO staked.
• Taker Fees: Also start at 0.500% under the same conditions.

• Fee Reductions (With CRO Balance): To reduce fees, users can either increase their trading volume or stake CRO tokens. For example, staking 10,000 CRO can lower the maker and taker fees to 0.23% and 0.46%, respectively. You can find the VIP fee structure for spot trading below.

Derivatives Fees (Level 1)

• Maker Fees: Start at 0.020%.
• Taker Fees: Start 0.040%.

• Fee Reductions: You can get a discount on trading fees by increasing your trading volume or staking CRO tokens. For instance, staking 10,000 CRO can reduce maker and taker fees to 0.0184% and 0.0368%, respectively. Crypto.com derivatives VIP fees are highlighted below:

Deposits and Withdrawals Fees

Cryptocurrency deposits into Crypto.com Exchange are free of charge. ACH deposits in USD are also free. However, crypto withdrawals incur a platform withdrawal fee plus an additional blockchain network (gas) fee, which varies by token and network congestion.

Example Withdrawal Fees: Bitcoin (BTC) withdrawal fee is 0.0004 BTC plus network fees, Ethereum (ETH) withdrawal fee is 0.000067 ETH plus variable gas, and Solana (SOL) withdrawal fee is 0.000019 SOL plus network fees. Please note that minimum withdrawal amounts vary by cryptocurrency. Here is a breakdown of withdrawal fees for fiat currencies:

Other Potential Fees

• Crypto.com Visa Card ATM withdrawals have free monthly limits depending on card tier; exceeding these limits incurs a 2% fee.
• Non-USD purchases and ATM withdrawals on lower-tier Visa cards have a 3% fee.

How to Use Crypto.com?

Below is a straightforward guide on how to open a new account on Crypto.com, how to deposit money in your account, anf how to buy/sell crypto on your exchange account.

How to Open a Crypto.com Account?

Follow these steps to open an account on Crypto.com

• Visit the official Crypto.com website or download the Crypto.com mobile app from the App Store or Google Play. For this tutorial, we will be using the website. Click on “Sign Up” at the top right corner of the homepage to register.
• Next, choose your account type (Individual or business). Then add your email and the current referral code “nftevening” to be eligible for new user rewards. After adding your details, click “create new account.” 

• Confirm a valid email address and verify your phone number by entering the code sent via SMS. Then set a secure 6-digit passcode for account access.
• Finally, you need to complete identity verification (KYC) to get full access to Crypto.com products and services. Submit your full legal name, photo ID (passport or government-issued ID card), a selfie, and other required details and wait for approval.

How to Deposit Funds at Crypto.com?

Follow these steps to deposit funds in your Crypto.com account.

• Log in to your Crypto.com app or exchange account and go to the “Deposit” section.
• Select the deposit type (cryptocurrency or fiat).
• For crypto deposits, generate your deposit address and transfer funds from an external wallet.
• For fiat deposits, select a supported method, such as ACH, SEPA, or wire transfer, and then follow the instructions to fund your account.

Crypto deposits are usually instant; fiat deposits may take longer, 1-3 business days.

How to Buy and Sell Crypto on Crypto.com?

Follow these steps to buy/sell crypto on Crypto.com

• Click on the “Buy/Sell” tab on the app or exchange. Then select the cryptocurrency you want to buy or sell.
• Enter the amount in fiat or crypto.
• Choose your preferred payment method (credit/debit card, bank transfer, or crypto balance).
• If you are buying, confirm and verify the transaction details. If you are selling crypto, confirm the sale and select the destination for proceeds (fiat wallet or crypto wallet).

Your buy/sell order will be completed promptly or at a later time when the price aligns with the buy/sell price you added (if you choose a limit order).

Crypto.com Review: Licenses and Regulation

Crypto.com holds multiple regulatory licenses across global jurisdictions, including the United States and other regions that are considered tough for other trading platforms. Below is the list of licenses the exchange holds.

• United States: Broker-Dealer Registration, full stack of U.S. Commodity Futures Trading Commission (CFTC) derivatives licenses, including Derivatives Clearing Organization (DCO), and Designated Contracts Market (DCM) license.
• Europe: Authorized as a Crypto-Asset Service Provider (CASP) under the EU Markets in Crypto Assets (MiCA) regulation, Class 2 Crypto-Asset Service Provider License, Electronic Money Institution License, and Investment Firm License (MiFID) valid across the European Economic Area (EEA). UK Crypto-Asset Business Registration and Electronic Money Institution License.
• Middle East: Category 3A License in Abu Dhabi (ADGM), Payment Service Provider License in Bahrain, Virtual Assets Service Provider License in Dubai.

Crypto.com Review: Customer Support & User Feedback

Crypto.com offers users support via live chat and email, serving as the main channels. While the live chat is responsive, it primarily handles frequently asked questions rather than more unique cases. For this reason, many users complain about slow, unresponsive, and ineffective customer service, with frequent long delays in resolving issues.

Common frustrations we saw include repetitive questioning without resolution, account restrictions without clear communication, and delayed or blocked withdrawals. On the positive side, users praise the mobile app’s interface for being user-friendly and accessible, especially for beginners. Despite customer service criticisms, many users appreciate the platform’s wide range of features, token availability, and strong security measures.

To compensate for slow live support, Crypto.com offers extensive self-help resources and real-time status updates online. Still, the overall Trustpilot rating is low (around 1.3 out of 5), showing significant dissatisfaction with customer service.

Best Crypto.com Alternatives for Crypto Trading

Conclusion: Is Crypto.com a Good Exchange?

Crypto.com is a good exchange for trading crypto. The platform offers basic and advanced trading tools, multiple ways to earn passive income, access to the web3 ecosystem, and implements robust security measures to ensure the safety of user assets. Additionally, one advantage it has over some top cryptocurrency exchanges is its availability in the US, so if you are a US trader in need of an exchange to trade, Crypto.com might be a good option.

FAQs

What is the Best Crypto Trading App for Beginners in 2025?

The best crypto trading app for beginners in 2025 is Crypto.com. It offers an easy-to-use interface, supports hundreds of cryptocurrencies, and includes features like automated trading, staking, multiple opportunities to earn passive income while trading, and resources to improve crypto knowledge, making it suitable for users new to crypto trading. Other alternatives for beginners are MEXC and OKX. Check out our comprehensive MEXC review and OKX review to compare them before opting for one.

Has Crypto.com Been Hacked Before?

Yes, Crypto.Com experienced a major hack in January 2022. It was reported that some teenage hackers breached an employee account and stole an estimated 34$ million worth of cryptocurrency from about 483 users.

Is Crypto.com a Secure Crypto Trading Platform?

Yes, Crypto.com is a secure crypto trading platform. The platform uses a cold wallet to store 100% of its users’ funds, ensuring that hackers cannot access them. Beyond that, it encourages users to activate MFA and other security features, as well as continuous system monitoring, to keep the platform away from hackers.

What is the Minimum Deposit Required to Start Trading on Crypto.com?

There is no minimum deposit required to trade on Crypto.com exchange, but the minimum trade amount for Cryptocurrency is 0.00001 BTC and 1$ in USD. With this amount, you can start trading right away.