Summary
User Management/Design: Custom build web and mobile apps
Company transparency: Legit and transparent
Site security: SSL
Deposit options: Bank transfer (ACH),PayPal, Bank transfer (SEPA), SWIFT, Xfers, Credit or Debit Card & TransferWise
Affiliate: $50 worth of MCO tokens for each successful referral
Withdrawal: N/A
Investment: Start at 5000 MCO
Profit: 8-12% on Yearly Basis
User Review
( votes)Status: LEGIT AND PAYING
Reward program Free 50 MCO Tokens on signup (value $50) Signup here
pros
- Has mobile apps
- Offers MCO Visa crypto card
- A large number of crypto coins for trading at competitive fees
- Buy crypto at 0% credit card fees.
- Popular brand name in the crypto industry
cons
- Lack of transparency in terms of funding received by Crypto.com
- Slow customer support
Company:
Crypto.com was founded in 2016 and currently claimed to have 3 million users worldwide. They offer a variety of products to their customers and these include VISA cards, non-custodial wallets, a trading platform offering multiple cryptocurrencies for trading, and an option to earn interest on your crypto holdings.

They used to be known as Monaco in its heyday and it was launched with an aim to bring cryptocurrency to the forefront of the financial world. Crypto.com’s MCO project was released through ICO in 2017 and helped Crypto.com gain recognition in the crypto world. The MCO project was launched with an aim to offer crypto credit cards to get more users to start using crypto in day-to-day use.
It is a popular brand with a team whose name is publicly available. Crypto.com has formed partnerships with Visa cards and ledgers in some of the biggest economies in the world. They have been certified by Bureau Veritas and have been insured for a total coverage of $360 million.
Services Offered:

Crypto.com offers a mobile app to its users and it is available for both Android and iOS. The users can access all of the services available on Crypto.com through its application. You can use all of the services offered by Crypto.com by keeping your crypto funds with them. Yet, you must keep in mind that this also means that you are entrusting them with your funds.
They also offer a non-custodial application but it is a separate wallet and can be downloaded separately. You will have full control of your funds if you use crypto.com’s non-custodial wallet. However, you won’t be able to avail of all services offered by Crypto.com through its non-custodial wallet application. You can connect this non-custodial wallet with the main Crypto.com app and transfer your funds without any hassle.
Crypto.com also offers a crypto-to-crypto exchange. You can access it through the Crypto.com app account. Their users based in the US, European Union, and some Asia-Pacific countries like Singapore can also avail of their MCO Visa card. The user can use the Crypto.com app to convert their crypto holdings into USD and load it in their MCO Visa card. They can spend it for purchase anywhere thereafter.

Are you looking to earn & invest options on your crypto holding? Worry not, as Crypto.com offers both. Their crypto users can earn up to 8% interest on their crypto holding per annum on BTC and similar holding. If they keep funds in stable coins such as USDT with Crypto.com then they will earn up to 12% per annum on their holdings. Crypto.com also offers an investing option to its users. However, users must have 5,000 MCO to access the investing service and Crypto.com charges 9% of the user’s profits.
Conclusion:
Crypto.com is a big name in the crypto industry and even then, many had alleged that they are a scam in its initial years, from 2017 to 2019. However, Crypto.com has proved them wrong and there’s no doubt about their legitimacy today.
They raised $25 million by selling its MCO coin with a promise that they will deliver a Visa-branded crypto card to MCO token holders. The token buyers believed in them as they saw a realistic competitor from the crypto industry that can rival the traditional banks in their own game. However, the management team missed many of the deadlines and MCO token buyers were unhappy about it.
They started labeling Monaco (Now, Crypto.com) as a scam. In 2018, Monaco purchased the Crypto.com domain for a sum of $12 million. Soon after that, they created a new token known as CRO and it further angered the MCO token buyers.
Today, it has proved that Crypto.com is a credible company with almost 3 million users now. It has become one of the most widely used crypto platforms in the world now. Our verdict so far is that Crypto.com is currently Legit and Paying.