Crypto.com supports a wide array of cryptocurrency types, and to avoid market fluctuations, the owner’s chosen crypto coin is converted to U.S. dollars based on the real-time market value and then loaded to the Crypto.com Visa. It can then be used like any other payment card. Deposit and withdrawal fees All of this amounts to a staggering amount of money and raises the question of how Crypto.com is paying for all this. Coinbase, a bigger and more established competitor, is currently reeling due to a steep decline in crypto prices and trading volumes—even as its own big marketing outlays look modest in comparison.
A Crypto.com wallet helps you protect your private key, not storing your Crypto.com. If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important. Perhaps you just get into cryptocurrency by purchasing coins on an exchange platform but didn’t even realize that they hold the private keys to your cryptocurrency. How Do Crypto Debit Cards Work? Hi there, thank you for your time in sharing your feedback with us! We are glad to hear you are happy with our products and services.