Crypto.com announced the launch of the institutional Crypto.com Exchange in the United States. This new service complements the existing Crypto.com app, which is already available to retail users in the United States.
Kris Marszalek, co-founder and CEO of Crypto.com, said:
“After testing an early version of the Crypto.com exchange in the US in 2022, we made significant investments to strengthen our technology and banking systems. These efforts have driven impressive growth globally. We are now the top cryptocurrency exchange supporting the US dollar, and we are excited to fully launch this product in the US, a market we strongly believe in.”
Crypto.com Exchange allows users to trade over 300 cryptocurrencies and 480 trading pairs on a platform designed with the highest levels of security and compliance features.
The interface is customizable, allowing users to easily customize elements such as charts and order books to suit their trading style.
This platform supports both active and passive traders. Advanced features such as customizable order types and sub-accounts accommodate experienced traders, while passive users can benefit from automated trading tools such as DCA, GRID, and TWAP bots.
In 2022, Crypto.com introduced a platform for more advanced trading, but it was short-lived. company Exchange canceled According to Crypto.com representatives, they issued this statement in June 2023, citing “limited demand from US institutions given current market conditions.”
Funding accounts are simple, allowing users to make Fedwire transfers directly from their local bank and access flexible withdrawals in either USD or USDC at a 1:1 ratio with no additional fees.
Featured image credit: Edited from Crypto.com
