About Us - Our Vision, Values, and Team | Crypto.com (2024)

FAQs

What is the vision of crypto com? ›

We want to enable the general public access to cryptocurrencies, via our easy to use mobile app and metal cards. Together, we believe in the future of money is in cryptocurrencies.

If you do want to trust Crypto.com with your funds, it is a highly secure and regulated crypto platform with numerous security certifications and assessments by top security auditors. Crypto.com has obtained the following certificates: ISO/IEC 27001:2013, ISO/IEC 27701:2019, PCI:DSS 3.2. 1, Level 1 compliance and CCSS.

Biography: Kris Marszalek is a Polish entrepreneur and the CEO of Singapore-based crypto and payments platform Crypto.com.

Crypto.com makes money from various trading fees, interest on loans, interchange, withdrawal, and currency conversion fees, sales fees from its NFT marketplace, and by selling stock in the firms it invests in. The core of Crypto.com's offering is centered around the debit card it offers to its users.

Crypto.com makes money via debit card interchange fees and maker-taker fees that it collects for matching buyers with sellers. Crypto.com also collects loan interest and charges two different sales fees in its NFT marketplace.

Very unlikely that it will happen soon. CRO has a 30,263,013,692 maximum supply, by $10 price, it will give CRO a market cap of 250 Billion, which is almost 1/3 of BTC's Market Cap. It may happen one day, who knows if cryptos grow in the next 5–10 years, but it's very unlikely it will happen very soon.

Crypto.com is operated by Foris DAX Asia, a Singapore-based company that's a subsidiary of Foris DAX MT (Malta) Limited. The company which had 10 million users in February 2021, reported more than 50 million active users as of May 2022.

The company has already been hammered during the crypto winter, which has pushed bitcoin and ether down by two-thirds this year. In recent months, Crypto.com reportedly slashed more than one-quarter of its workforce. Daily trading volume in CRO is down to about $365 million, according to data from Nomics.

The founder and majority owner of a cryptocurrency exchange, Bitzlato Ltd. (Bitzlato), was arrested in Miami for his alleged operation of a money transmitting business that transported and transmitted illicit funds and that failed to meet U.S. regulatory safeguards, including anti-money laundering requirements.

How many users does crypto com have? ›

About Crypto.com

Founded in 2016, Crypto.com is trusted by more than 80 million customers worldwide and is the industry leader in regulatory compliance, security and privacy certifications.

Liked by Kris Marszalek

Paid a visit to Crypto.com earlier this…

The current circulating supply is 25,263,013,692 CRO.

Cronos price prediction 2033: Cronos's price for 2033 according to our analysis should range between $0.28 to $0.42 and the average price of CRO should be around $0.35.

Pros Explained

Support for an ecosystem of cryptocurrency products: Crypto.com supports cryptocurrency trading, staking, and swapping. It also offers its own credit card, crypto wallet, and allows users to buy, sell, or trade NFTs.

Binance founder and CEO Changpeng Zhao (commonly known as CZ) was the crypto billionaire who lost the most money following the crypto crisis of 2022, with a net worth drop amounting to 82 billion U.S. dollars.

Can Crypto.com Coin (CRO) reach $100? If that would happen market cap would exceed 2.5 trillion making it larger than APPL's 2.4 trillion. So no it will not happen. You can't just look at price, you need to understand circulating supply of CRO to understand if that is achievable.

Interest is paid in the coin that you stake rather than in USD or other fiat money. The app feature that allows you to earn interest is called Crypto Earn. You'll receive a weekly payout on your simple interest earnings. The app will show how much your staked coin was worth at the time of payout.

Is crypto com in debt? ›

It was recently discovered that Crypto.com, a popular cryptocurrency exchange, is facing bankruptcy due to the bankruptcy of FTX, another cryptocurrency exchange. FTX was a large creditor, and their bankruptcy has left Crypto.com unable to pay its debts.

Will CRO Reach $50? Given the analysis so far, there are numerous Token and Liquidity factors that are barriers to CRO's ability to reach $50. The only realistic scenario is if more than half of CRO Tokens are burnt. This would then increase the chances of CRO's ability to reach $50.

The price of the CRO tokens is around $0.0698, with a bright future, making investors buy or sell them. Based on our CRO price prediction, a long-term increase is expected; the price is expected to be around $3.331 by 2027. With a 5-year investment, the revenue is expected to be around +706.54%.

9. Lucky Block (LBLOCK) – Crypto Casino with Instant Payouts and Sportsbook. In the casino space, some analysts believe that the next cryptocurrency to explode in 2023 will be Lucky Block (LBLOCK).

The short answer: As a concept, cryptocurrencies will probably survive, experts told Al Jazeera. But the sector will likely face increased regulation and an extended period of uncertainty. Many firms and currencies will perish.

Does Crypto.com report to the IRS? Yes, Crypto.com does report crypto activity to the IRS. US users who earn $600 or more in rewards from Crypto.com from Staking, Earn, Referrals, or certain other activities will receive a 1099-MISC tax form and the same form will be sent to the IRS.

Cryptocurrency Is Not FDIC Insured

If a bank fails, the FDIC insures deposits. Investors should know that if their crypto exchange goes out of business, no government agency will make them whole. That's different from a bank, where the government insures funds up to account and institution limits.

According to WalletInvestor's forecast, the CRO's price will drop even further in the coming years. They predict the token will be worth $0.00425 at the end of 2023, $0.00239 at the end of 2024 and $0.00071 at the end of 2025. The price will only begin to recover in 2026 and reach $0.00439 at the end of 2027.

Who has the most Crypto.com tokens? Cronos was the biggest crypto.com holder, with 912.53 million tokens or 3.61% of the current circulating supply. Among other Crypto.com holders, an anonymous wallet held 285.52 million tokens, or 1.13% of the circulating supply, making it the second-largest CRO token holder.

Is anyone still making money from crypto? ›

The cryptocurrency market is extremely lucrative. There are numerous ways to make money in cryptocurrency, ranging from investing to active trading to staking. Cryptocurrency is a decentralized payment method that can be used to conduct online transactions.

On Nov. 23, Amber Group co-founder Tiantian Kullander died mysteriously in his sleep. Just two days later, Russian crypto billionaire Vyacheslav Taran died in a helicopter crash.

“Overall, back-of-the-envelope calculations suggest that around three-quarters of users have lost money on their bitcoin investments,” the study said.

Crypto.com is a small finance company based in California with only 100 employees and an annual revenue of $14,400. Reaching the next billion users with the world's best partners. Be the first to review!

Which is the biggest crypto company? Being the largest cryptocurrency trading platform by trading volume, Binance also holds the title of the biggest crypto company in the world.

Prosecutors will unseal a criminal indictment against Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, on Tuesday. He was taken into custody in the Bahamas on Monday.

The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission (CFTC) in the United States for operating what the regulator alleges were an “illegal” exchange and a “sham” compliance programme.

The CRO price is anticipated to reach $0.146 by the end of 2023. By 2030's end, the price of Cronos may surpass $1, with a potential high of $1.105.

How much is $500 worth of CRO? ›

The conversion value for 500 USD to 6637.903 CRO.

The conversion value for 1000 CRO to 73.895 USD.

Short-Term Crypto.com (CRO) Price Weakness Could Lead to Collapse. While the weekly chart presents a mixed outlook, the daily one is decisively bearish. The main reason for this is the loss of the $0.073 horizontal area and its validation as resistance (red icon).

Reason: CRO is a relatively new coin. The number of exchanges that offer a CRO trading pair is low. Furthermore, outside of staking, and using it for discounts on the crypto.com exchange, there is not much of a use case.

Read the Detailed Cronos Price Prediction Here

Cronos price prediction February 2025: Cronos's price for February 2025 according to our analysis should range between $0.088 to $0.1 and the average price of CRO should be around $0.094.

According to Technewsleader, CROs might trade at a range of $0.22 to $0.27 in 2026 while in 2029 it could reach $0.45. Moreover, in 2033, the asset could trade at a price of around $2.32, making it one of the most lucrative crypto investments.

Staked funds must be held for six months. Once a cardmember unstakes their CRO, the benefits of each tier will be reduced. To keep rewards and benefits, users can keep CRO staking beyond the initial six-month staking period.

Crypto.com are young but profitable company, whose revenues are growing at an astonishing rate (Their CEO Kris Marszalek has stated in interviews that the revenues have grown over 20x in 2021).

Crypto.com and Coinbase are two popular cryptocurrency trading platforms. Both offer inexpensive and accessible ways to buy, sell and transfer crypto.

Is crypto com growing? ›

Alongside this, Crypto.com has continued to grow its own user base steadily – supported by increased brand visibility during the FIFA World Cup Qatar 2022 – now with more than 80 million users worldwide.

Our mission is to help everyone, everywhere be more economically free.

The current market sentiment is making CRO and other assets in the market lose momentum. This and other reasons resulted in CRO being traded at a lower price level. After reaching its all-time high in November 2021, CRO started losing momentum in January 2022 and turned towards a downward trend.

CRO Price Prediction 2028

Our Crypto.com coin forecast highlights that the lowest and highest possible price of CRO in the year 2028 will be $1.03 and $1.30, respectively. The price change, as per the forecasts, may be around 26%, with an average value of $1.17.

Here are some important numbers that show how much progress Crypto.com has made this year: 10 million users. We doubled its user base as early as February, from around 5 million by the end of 2020. This bullish uptick prompted the company to revise its growth projections to 100 million users by 2023.

Crypto is a volatile asset, so it's a good idea to know how much you can afford to lose. Some crypto crashes are because of systemic issues within crypto, such as the collapse of FTX. Other times, macroeconomic factors such as interest rates and inflation can push values down.

Crypto.com has over 250 available cryptocurrencies, while Coinbase has over 200. You'll find all the major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Solana (SOL) on both platforms. Each one also offers major stablecoins like USD Coin (USDC) and Tether (USDT).

Both use a maker-taker fee structure. Crypto.com is cheaper for low volume takers which is what most users will fall into. However, at some points in the fee schedule Coinbase comes out cheaper depending on your trading volume.

Can Crypto.com Coin (CRO) reach $100? If that would happen market cap would exceed 2.5 trillion making it larger than APPL's 2.4 trillion. So no it will not happen. You can't just look at price, you need to understand circulating supply of CRO to understand if that is achievable.

Cronos price prediction January 2025: Cronos's price for January 2025 according to our analysis should range between $0.086 to $0.099 and the average price of CRO should be around $0.093.

What are the 5 pillars of Bitcoin? ›

There are three key components to blockchain technology: The distributed ledger, the consensus mechanism, and the smart contracts.

Very few projects (if any) have solved for all four pillars of crypto treasury management: diversification, liquidity, cash flow, and governance.