Crypto.com ExchangeApp Store
Our wallet review process
We examine wallets starting at the code level and continue all the way up to the finished app that lives on your device. Provided below is an outline of each of these steps along with security tips for you and general test results.
Application build test result
(Analysis from Android review)
EDIT 2021-09-14 This exchange app (com.crypto.exchange) is featured on the official site.
Crypto.com Exchange is an expansive service with multiple services and a separate non-custodial app. Its non-custodial app is called the “Crypto.com DeFi Wallet”.
This specific custodial app allows users to:
Buy Bitcoin and 100+ cryptocurrencies with 20+ fiat currencies
Access, manage, and spend your funds anytime with the Crypto.com Visa Card
Earn up to 8.5% p.a. on your crypto, and up to 14% p.a. for stablecoins
Apply for a Crypto.com Visa Card and enjoy up to 8% back on spending, paid in CRO
Shop with Crypto.com Pay and receive up to 10% back, paid in CRO
It is clear from the beginning that this is a custodial app.
Does Crypto.com hold private keys to the cryptocurrency wallets?
Written by Yvonne Kua
Updated over a week ago
In this stage of our app development, we hold the private keys, just like Coinbase and majority of the exchanges.
Our verdict for this specific Crypto.com app, is custodial and thus not verifiable.
The provider has a family of three apps that we triple-checked to be linked from their website:
Do your own research
In addition to reading our analysis, it is important to do your own checks. Before transferring any bitcoin to your wallet, look up reviews for the wallet you want to use. They should be easy to find. If they aren't, that itself is a reason to be extra careful.