Crypto.com is a crypto exchange platform founded in 2016 and has grown to be one of the significant cryptocurrency exchanges worldwide, with over 10 million users. The rapid growth of the Crypto.com platform doesn’t come as a surprise since the team constantly strives for growth and innovation. Apart from the regular buying and selling that most cryptocurrency platform offers, Crypto.com also offers an NTF marketplace, DeFi wallet, and Crypto.com Visa card.
There are fees attached to various cryptocurrency and fiat transactions on the Crypto.com platform. Although this fee might vary based on several factors, this article will give you a headstart on the ‘crypto.com fees’ and factors that might influence changes in the fees.
Trading Fees
Crypto.com charges a trading fee based on a user’s 30-day trading volume, Crypto.com charges a trading fee. Traders’ volumes are broken down into nine distinct categories. The more a person trades, the more discounts they receive from the exchange.
There are two sorts of trading fees that Crypto.com imposes, like most cryptocurrency exchanges:
- The takers charge fees. “taker” refers to a user who executes a deal using an existing order and therefore “takes” volume from the order book.
- Maker fees. When a user places an order that remains in the order book for an extended period, it is considered a maker trade. These trades assist in “creating” the market by adding volume to the order book. Makers are compensated for creating liquidity through lower trading costs.
Perpetual and Future Contracts
Trading fees for the perpetual and future contracts use a 9-level system with 30 days of the trading volume. Users will also get a charge reduction according to their CRO staking level on the exchange.
TRADING VOLUME (LEVEL) | MAKER | TAKER |
$0-$25000 (Level 1) | 0.0500% | 0.0700% |
$25,001-$50,000 (Level 2) | 0.0400% | 0.0650% |
$50,001-$100,000 (Level 3) | 0.0300% | 0.0600% |
$100,001-$250,000 (Level 4) | 00250% | 0.0400% |
$250,001-$1,000,000 (Level 5) | 0.0200% | 0.0350% |
$1,000,001-$20,000,000 (Level 6) | 0.0150% | 0.0300% |
$20,000,001-$100,000,000 (Level 7) | 0.0100% | 0.0250% |
$100,000,001-$200,000,000 (Level 8) | 0.0050% | 0.0200% |
$200,000,001-above (Level 9) | 0.0000% | 0.0150% |
For discount received based on CRO staked, if you stake 5,000 CRO, you will get 10% off. If you stake 1,000,000 CRO, you will get a discount of 80%.
Spot and Margin Trading Fees
For Crypto.com, margin trading has six levels, and the maker fee and taker fee vary based on the 30-day trading volume.
TRADING VOLUME (LEVEL) | MAKER | TAKER |
$0-$250,000 (Level 1) | 0.025% | 0.040% |
$250,001-$1,000,000 (Level 2) | 0.020% | 0.035% |
$1,000,001-$20,000,000 (Level 3) | 0.015% | 0.030% |
$20,000,001-$100,000,000 (Level 4) | 0.010% | 0.025% |
$100,000,001-$200,000,000 (Level 5) | 0.005% | 0.020% |
$200,000,001-above (Level 6) | 0.000% | 0.015% |
Derivatives Trading Fees
Derivatives trading fee follows the same structure as ‘spot and margin trading fees,’ with the maker fee and taker fee being the same.
Deposit Fees
Crypto.com does not impose any deposit fees for crypto assets regardless of the coin or network. It also doesn’t charge a fee for deposits made in U.S. dollars through ACH or wire transfer. Users in the United States must meet the following criteria to be eligible for a U.S. dollar fiat wallet that may accept ACH or wire transfers:
- SSN (Social Security Number)
- A residential address in the United States (not a P.O. box)
- A bank account in the United States
Withdrawal Fees
Crypto.com fees apply to cryptocurrency withdrawals from the exchange. These costs are determined by various factors, including the state of the withdrawal network. It’s good to keep an eye on Crypto.com for an up-to-date overview of cryptocurrency withdrawal fees.
The type of cryptocurrency is another aspect that influences withdrawal fees. Each cryptocurrency has its withdrawal fee, which is priced in that asset. Crypto.com, for example, now imposes a withdrawal fee of 0.0001 BTC when withdrawing Bitcoin over the BEP20 network.
Purchase Fees
Trading cryptocurrencies on Crypto.com may incur an administrative cost. A variety of criteria, including market circumstances, promotions or promotional periods, volatility, and liquidity, are considered when determining fees.
Before executing your transaction, you will see the necessary admin charge displayed on the trade preview screen.
Your card issuer may charge you a fee for foreign transactions or specific merchant category codes. Please be aware of this before making any purchases. Terms and conditions may vary per card issuer.
Debit card restrictions of the MCC codes
For CRO rewards, some merchant category codes and markets are restricted from the rewards. To stay updated with the restrictions on MCC codes, check the Crypto.com help article.