How does repayment work? | Crypto.com Help Center (2024)

FAQs

How does crypto.com work? ›

Users can buy, sell, and trade an extensive list of currencies, and enjoy relatively low trading fees. Additionally, the company offers cryptocurrency credit cards, a decentralized exchange, a standalone crypto wallet, and an NFT marketplace.

Yes, Crypto.com offers 24/7 support through +1-(352)-286-1798 🔰 phone and live chat. For assistance in the USA, you can call at ☎️ +1-(352)-286-1798 🔰 (Call to Assistant Support).

You can repay your loan using any of the accepted coins. First, you need to deposit a certain amount of crypto funds and then convert your crypto to fiat (USD or EUR). After you receive USD or EUR funds, you can repay your loan using funds from your wallet.

All cryptocurrency will be converted to the respective market's currency and can be loaded onto the Crypto.com Visa Card for use in purchase and ATM withdrawals. CRO Rewards are paid in CRO Token to your Wallet App.

In January 2022, Crypto.com staff admitted that it lost $30 million in a hack of the Because the exchange keeps all of its customers' funds in cold wallets, however, none of Crypto.com's 50 million users lost any crypto or cash.

Once your account is up and running, you will need to acquire the cryptos you want to invest with. You can then deposit your favorite cryptos into Crypto.com Earn, and you will be repaid based on accrued daily interest. Interest rates vary based on your stake of Crypto.com coins (CRO).

Send an email to [email protected].

We provide 24/7 live customer support.

Collateralized crypto loans require you to pledge your cryptocurrency as collateral. Like a mortgage or car loan, your collateral can be seized as payment if you do not pay back your loan.

How do you pay off debt with crypto? ›

BitPay Bill Pay goes beyond credit cards. From phone bills and utilities to mortgages, personal loans, student debt, and car payments—pay them all with the cryptocurrency of your choice.

You can purchase items that are available in primary sales (including 'drops') or secondary sales. Pay with a credit/debit card, your account balance, or with Crypto.com Pay - via the Crypto.com App or using a wallet that supports ERC20 tokens (e.g. Metamask, WalletConnect).

If you have a complaint, please contact Blockchain.com, Inc., at [email protected] or 1-888-552-1019.

Here is how to withdraw money from Crypto.com and transfer it to your US bank account on the ACH network: Step 1: Open the "Fiat Wallet" from the menu button or the “Accounts” menu. Then press "Transfer" > "Withdraw" > "USD". Step 2: Click on your USD balance and choose to Withdraw USD.

The Staking feature in the Crypto.com App lets you earn rewards and secure the top blockchains by locking up your assets, where you enjoy: Convenience: Easily put the idle assets in your Crypto Wallet to work and receive returns proportional to the amount staked.

Your virtual assets are stored 100% safely and perfectly.

Our users can verify our reserves and their funds through our Proof of Reserves verification page, conducted by an independent third-party.

Step 1: Open the Crypto.com App on your phone and find the "Accounts" section. Step 2: Tap on your Crypto Wallet to open it. Step 3: Press the "TRANSFER" button, then choose “Withdraw”, and after that, select “External Wallet.” Step 4: To add a new wallet address, click on the "+ Add Wallet Address" button.

Crypto.com keeps it simple using the maker-taker model, with rates ranging from 0.0% to 0.75% for maker fees and 0.05% to 0.075% for taker fees. Investors pay additional fees for using credit cards.