Updated: Oct 20, 2021
Crypto.com is an online platform founded to advance cryptocurrency and the use of cryptocurrency in everyday life. Crypto.com deals with all forms of transactions related to the crypto world, and they are among the best at what they do.
When Crypto.com was established, it was founded to make crypto tokens a recognized means of transaction in real life, and all their actions to date have been focused on achieving this goal.
Crypto.com is a well-rounded platform and is designed to aid investors in crypto deals and provide them with the means to make the best out of their trading. Several features are available on Crypto.com intended to provide users with a better experience and provide them with greater chances to make profits from their trades and more.
One feature that Crypto.com has made available to users is the Crypto.com mobile app. The Crypto.com mobile app is application software that allows you to enjoy access to your Crypto.com account and the different features it has to offer from your mobile device.
The Cyrpto.com app was designed to make transactions easy for investors that use Crypto.com; it is also designed to make your transactions as safe as possible. This review will look into the features available to you on the Crypto.com mobile app and other things you need to know about the app.
Getting To Know About the Crypto.Com App
The crypto.com app is designed to make things easier for the patrons of Crypto.com; with this app, you can access and better personalize your account with Crytpo.com.
This app also provides you with greater security on your account; you can carefully monitor the activities on your account and get a good view of everything that goes on with your account from your mobile device. This is an excellent way of eliminating the risks of exposure.
If you take a good look at the Crypto.com Mobile App, you’ll realize that the features and tools available on it are the same as the Crypto.com website. Using the mobile app doesn’t reduce your access to the features that Crypto.com offers; instead, it allows you to have a better experience.
The Crypto.com mobile app is designed to be compatible with almost all devices; it is available for both Android and IOS. You can download the app from the Google play store for Android users or the Apple store for IOS users.
When you’ve downloaded your Crypto.com app onto your mobile device, the next step is to set it up. When you start the mobile app, you will be asked to” log in” or “Sign up.” The ”log in” option is for those that already possess an existing account with crypto.com; all you need to do is input your registered username and your password, and you will have access to the interface of the app.
On the other hand, if you do not yet have an account with Crypto.com, you will have to go for the “Sign up” option and open a new account. You will need to provide a valid email address, and a secure link will be sent to that email address to verify it. Using the link provided, you can access the app where you will be asked to register.
Registering requires three things - your full name, a means of identification, and a facial scan. t These requirements are set up to improve the security of your account and reduce the risks of being hacked. Once you’ve provided this information, Crypto.com will go ahead to verify it; once confirmed, you will have full access to the crypto.com app and can start enjoying the benefits.
Once you’ve gained access to the mobile app, you will see more features and tools that are important to your trading. Below are the features available on the Crypto.com app.
Features Available on the Crypto.com App
Crypto.com has tried to integrate as many of its features and upgrades into their app, and they want to make it possible for users to enjoy the best services they have to offer. With the mobile app, you can buy and sell your cryptocurrency and enjoy other benefits such as Crypto earn, Crypto Credit, Crypto.com Pay, and more.
When you open the app, click the home icon to access the main menu. The main menu contains the features of the app that we will be looking at, and they include;
Crypto Wallet is the first app feature that you will see on the main menu. The Crypto Wallet is a wallet that contains your cryptocurrency; this wallet shows the amount of the different cryptocurrencies and tokens you have available for transactions. When you click on the crypto wallet feature, it will display your total balance at the top and some other features below.
Under the crypto wallet option, you will also see other options such as buy, sell, pay and transfer. These options are there specifically to aid your crypto transactions.
The “buy” feature is depicted with a plus sign in a circle; this allows you to purchase different forms of cryptocurrency directly from your wallet. You can also monitor this trade and see the effect immediately on your wallet or in the slot that shows your total balance.
A minus sign inside a circle depicts the “sell” feature under the crypto wallet. This icon is for when you want to sell some of your cryptocurrency. You can sell your cryptocurrency fast and safely from the comfort of your mobile device. You also monitor these transactions and the effects that reflect on your balance.
The ‘pay” feature is also under the wallet icon, represented by a clipboard. This feature is different from the buy and sell options because, while the buy and sell options allow you to buy one form of cryptographic currency or the other, the “pay” option will enable you to make payment on other commodities with the use of CRO tokens. You can also purchase gift cards, send crypto to others and recharge your mobile device with this payment option.
The “transfer” option is also under the Crypto wallet feature. This option allows you to move cryptocurrency in and out of your wallet; you can transfer crypto into your wallet from another location using this option. You can also transfer crypto out of your wallet to another external site.
The crypto wallet is an effective and safe way to store your cryptocurrency. It also gives you accountability over your crypto; you can easily monitor the transactions on your account. The crypto wallet also makes it more feasible to use crypto Tokens such as CRO for real-life transactions. This is a significant way for Crypto.com to achieve its goal, which is to fully integrate crypto as a recognized mode of payment.
The next feature is the Track feature. This feature allows you to monitor any cryptocurrency of your choice. You will get up-to-date information concerning their prices and performance. If you select this option, you will observe a search bar; you can type in the name of the cryptocurrency that you wish to track, and it will bring it out at once.
You can also select some of your favorite cryptocurrencies and star them so that you don’t have to search for them afresh each time you want to track them. Crypto.com has designed the app interface for this option so that your starred cryptocurrencies will appear first on your screen,and the rank of that cryptocurrency on the market will be displayed beside it. In addition, the current market values of each crypto are displayed on the other side next to their percentage increase or decrease in performance.
This feature is designed to enable users to transact with money on their Crypto.com account. With the Crypto.com Fiat wallet, you can transfer and withdraw money from your Crypto.com account to your bank account. This feature is very convenient, and it provides users with the opportunity to use the Crypto.com mobile app as a substitute for a banking app. You can save some of your money in your Fiat Wallet and later transfer it back to your bank account.
In addition, with your Fiat wallet, you can make transfers from your bank account to your Crypto.com account and use these funds to purchase cryptocurrencies of your choice. The Fiat wallet also allows you to send money from your Crypto.com account to your bank account; this will enable you to sell and earn money on your cryptocurrency and also send the money to your bank account.
Some Fiat wallets include; AUD, CAD, EUR, GBP, USD, USDC, BRL.
This feature allows you to automatically buy a fixed amount of any cryptocurrency of your choice over a time interval; this is usually weekly, bi-weekly, or monthly. Crypto.com introduced the Recurring buy feature to reduce the stress of investing in cryptocurrency one trade at a time. Instead, investors can now set a particular amount of money they want to invest in a cryptocurrency and the period over which the cryptocurrency will be automatically purchased.
This feature is not only aimed at the convenience of the investor but is also a great way of cutting down on risks.
Apart from the use of Fiat currency for setting up recurring buy, Crypto.com App users can make use of stable coins to also purchase crypto, and some of these stable coins include USDT, USDM, TUSD, DAI, PAX, and USDC.
Also, Crypto.com has some cryptocurrencies that are allowed for recurring purchase, and they include BTC, CRO, ETH, LINK, BAND, VET, ADA, XRP, AAVE, YFI, UNI, DOT, XLM, LTC, ZIL, DOGE, ENJ, COMP, MANA, ALGO, KSM, PAXG, SLP, SHIB, LUNS, and HNT.
The recurring purchase feature can be set up with a credit card. You will have to register that card on your Cypto.com account. Also, when setting up the recurring purchase, you can pick the frequency at which the cryptocurrency will be automatically purchased; it could be weekly, bi-weekly, or even monthly ( you can select the monthly limit to be on the first day of each month, the last day of each month or a particular day of each month).
You can also set the amount of money you plan to spend on each transaction. It is important to note that the amount you set will be able to purchase the market equivalent of that cryptocurrency at the time you set for the transaction to occur. It is possible that the amount of crypto your money could buy to have either increased or decreased by the set date.
The Crypto.com mobile app also allows users to cancel recurring purchases. You can cancel a purchase before the day that it is set to take place. If you set your recurring purchase to a weekly purchase, you can still cancel out the purchase within seven days of creating the regular buy. However, if you set a longer interval like bi-weekly or monthly, you can cancel your first purchase within eight days of placing the recurring purchase.
There is also a limit to the number of times you can recur your purchase within a time interval. The system is designed so that the number of times you recur your purchase will be the same throughout that interval. If you go for the weekly limit, you will have a recurring limit of about five occurrences. If you go for the bi-weekly option, you will have a limit of three events. The main idea is that when setting up a recurring purchase, the amount set for the purchase should be less or equal to the leftover purchase limit.
Crypto.com Visa Card
This is the next feature on the Crypto.com mobile app. This feature is under the theme “spending,” It is there to aid in your transactions, especially spending from your Crypto.com wallet. This feature works hand-in-hand with your Crypto.com visa card, and you can carry out operations on your card using the mobile app.
When you click on the visa card menu, you will see the options under it which include top-up, exchange, and send. Also, on the top right corner, you will see an icon like a visa card and another like a stopwatch with a dollar sign on it.
The Top-up option in your card allows you to move funds into your visa card account; the funds could be in the form of tokens (CRO) or your local currency. You can also convert cryptocurrencies to your local currency and use this balance to sell purchases where the Crytpo.com visa card is recognized as a means of payment. The Crypto.com visa card allows you to make payments using either token or fiat money.
The exchange option allows the Crypto.com mobile app users to change one form of fiat money to another; it is an exchange platform also. With this feature, you can convert foreign currencies to your local currency or your local currency to another foreign currency; this makes it very convenient for you to make payments in any fiat money.
The send option performs precisely what the name depicts. With this option, you can transfer local currencies from your fiat wallet to your friends and family. It eliminates the need for bank apps and also saves you extra on bank charges.
The first icon on the top right corner; the stopwatch with the dollar sign; if you click on this icon, it will bring out a detailed summary of all the transactions carried out on your visa card.
The second icon on the top right corner; the image of a card. If you click on this icon, it will bring out all the information regarding your visa cards, such as the card number, pin, and other information you need concerning your card, so you don’t have to worry about forgetting a detail about your card as long as you have your mobile app with you.
This is the option that follows the visa card in the mobile app. This option is the same as the payment option we first discussed under the crypto wallet; this option allows you to make payment for transactions with either tokens or other forms of payment from your wallet.
This menu comes after the” pay” option, and it falls under the “Finance” option. The supercharger option allows you to store CRO for some time, and you will earn some benefits or rewards in the form of cryptocurrency.
This feature allows you to make profits on your invested cryptocurrency. You can earn interest in your cryptocurrency by locking it for a while. You will get your earnings in your wallet every seven days, and the profit you will earn will be the same currency as what you invested.
Rewards and Referral Bonus
These options are under the “more” feature, and they refer to the potential rewards that you can enjoy if you refer somebody to the Crypto.com mobile app. When you open your mobile app, you will also get a referral code that you can use to invite others to join the Crypto.com mobile app family, and for each person that makes use of your code, you get a particular reward.
Crypto.com Mobile App is a significant upgrade for Crypto.com users; it has made trading more convenient, safer, and easier to monitor. The mobile app also makes it easier to teach the use of crypto and Tokens in everyday life.
You can enjoy full access to the fantastic features the mobile app has to offer. All you have to do is download it from your store, sign up or log in, and start enjoying the app.