Crypto.com Fees: What You Need To Know Before You Trade
Written by
Jacob Wade
Edited by
Melanie Grafil
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Crypto.com is a leading cryptocurrency exchange with a wide range of product offerings. Its app allows users to buy, sell, store, send and track cryptocurrencies at competitive rates.
Before trading on this exchange, crypto investors should be aware of its fee structure. This article will provide a complete breakdown of Crypto.com fees and how they compare to other popular cryptocurrency exchanges.
Crypto.com Fees
Crypto.com fees vary based on several factors. Here’s a brief overview of what those fees and factors are.
Trading Fees
Crypto.com’s trading fees are based on the user’s 30-day trading volume and the amount of its exchange token, CRO, that are locked up on the platform. Trading volumes are categorized into five different tiers. As a user’s trading volume increases, the exchange offers more discounts.
Like most cryptocurrency exchanges, Crypto.com charges two types of fees:
- Taker fees: A taker is a user who makes a trade from an existing order and “takes” volume off the order book.
- Maker fees: A maker trade happens when a user creates an order that remains on the order book for some time. These trades add volume to the order book and help “make” the market. In general, makers are rewarded with lower trading fees for creating liquidity.
At Crypto.com, makers are charged a 0.25% fee, while takers are charged double at the basic Level 1, which is a 0.50% fee. Here’s a look at Crypto.com’s maker-taker fee schedule and spot trading fees without CRO lockup.
| Level | 30D Spot Volume (USD) | Maker Fee | Taker Fee |
|---|---|---|---|
| Level 1 | < 10,000 | 0.250% | 0.500% |
| Level 2 | ≥ 10,000 | 0.200% | 0.400% |
| Level 3 | ≥ 50,000 | 0.150% | 0.250% |
| Level 4 | ≥ 250,000 | 0.100% | 0.200% |
| Level 5 | ≥ 500,000 | 0.080% | 0.180% |
There are also additional discounts for very high-volume traders who are part of the VIP trading tier. To qualify for the deepest discounts, you must also trade a portion in altcoins, not just Bitcoin.
| VIP Tier | 30-Day Total Spot Volume | % of Exchange Altcoin Spot Volume | Maker Fee | Taker Fee |
|---|---|---|---|---|
| VIP 1 | ≥ 2.5M USD | N/A | 0.065% | 0.100% |
| VIP 2 | ≥ 10M USD | N/A | 0% | 0.050% |
| VIP 3 | ≥ 25M USD | ≥ 0.10% | 0% | 0.040% |
| VIP 4 | ≥ 100M USD | ≥ 0.25% | 0% | 0.035% |
| VIP 5 | ≥ 250M USD | ≥ 0.50% | 0% | 0.031% |
| VIP 6 | ≥ 500M USD | ≥ 1.00% | 0% | 0.028% |
| VIP 7 | By invitation | By invitation | 0% | 0.025% |
If you choose to purchase and lockup CRO on the platform, you can get a discount on your fees. Here’s the discount level you can receive depending on the amount of CRO locked up:
- 1,001 to 5,000 CRO = 3% discount
- 5,001 to 10,000 CRO = 4% discount
- 10,001 to 50,000 CRO = 8% discount
- 50,001 to 100,000 CRO = 12% discount (no maker fees)
- 100,001 to 500,000 CRO = 15% discount (0.01bps maker discount)
- 500,001 to 1,000,000 CRO = 20% discount (0.02bps maker discount)
- 1,000,001 to 5,000,000 CRO = 25% discount (0.05bps maker discount)
- 5,000,001 or more = 30% discount (0.10bps maker discount)
Deposit Fees
Crypto.com doesn’t charge any deposit fees for cryptocurrency assets, regardless of the coin or network. It also doesn’t charge a fee for U.S. dollar fiat currency deposits via ACH or wire transfer. To be eligible for a U.S. dollar fiat wallet that can receive ACH or wire transfers, U.S. users must provide:
- A Social Security number
- A U.S. residential address — not a P.O. box
- A U.S. bank account.
Withdrawal Fees
Crypto.com fees apply to the withdrawal of cryptocurrencies from the exchange. These fees depend on many factors, including the status of the withdrawal network. It’s a good idea to check Crypto.com for an updated list of withdrawal fees by cryptocurrency.
Another factor that affects withdrawal fees is the type of cryptocurrency. Each coin has a different withdrawal fee that is denominated in that asset. For example, Crypto.com currently charges a withdrawal fee of 0.0004 BTC to withdraw bitcoin via the BTC network.
What Is Crypto.com?
Headquartered in Singapore, Crypto.com was founded in 2016 and has grown to become a major cryptocurrency platform, with 100 million users in over 90 countries. In addition to buying and selling cryptos, the platform’s product offerings include an NFT marketplace, the Crypto.com Visa card, a DeFi wallet and crypto loans.
The desktop version of the Crypto.com exchange isn’t available to U.S. users yet. U.S. investors can buy and sell cryptos through the exchange’s mobile app. The app is available for both iOS and Android.
Users can trade over 350 cryptocurrencies on Crypto.com, including:
Good To Know
Cronos is the native token of Crypto.com and powers the exchange’s Pay app. The Crypto.com Pay app lets users pay merchants with digital cash,buy NFT collectibles, shop for Pay gift cards and conduct other transactions.
How Do Crypto.com Fees Compare To Other Exchanges?
Fee structures tend to vary across cryptocurrency exchanges, so comparing fees among them can be difficult. While most exchanges use the maker-taker model, a few of them charge flat fees and don’t differentiate between takers and makers.
Another factor that makes comparisons difficult is coin availability. Some exchanges offer certain cryptocurrencies that others don’t, which makes it difficult to compare withdrawal fees.
Nevertheless, here’s a comparison of some fees between Crypto.com and other leading exchanges:
| Exchange | Trading Fees | Bitcoin Withdrawal Fees |
|---|---|---|
| Crypto.com | 0% to 0.50% maker-taker fees | 0.0004 BTC (BTC) |
| Binance.US | 0% to 0.57% maker-taker fees (5% discount for paying with Binance Coin) | Not listed |
| Gemini | 0% to 0.35% maker-taker fees Up to 2.49% for instant buy |
Not listed |
| Coinbase | 0.60% to 1.20% trading fee (or flat fee disclosed at time of purchase) | 0.1% withdrawal via lightning network |
| Kraken | 0% to 0.40% maker-taker fees | 0.00001 BTC |
In terms of trading, Crypto.com’s maker-taker fees are low compared to competitors that operate with the same fee schedule. For bitcoin withdrawals, Crypto.com offers a competitive rate compared to other exchanges.
For those who want to begin investing in cryptocurrencies, a centralized exchange like Crypto.com is a good option. It offers trading support for many cryptocurrencies and a wide range of cryptocurrency products that can all be accessed from the Crypto.com mobile app.
Ryan Shapiro and Daria Uhlig contributed to the reporting for this article.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
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- Crypto.com. "Fees & Limits."
