How do I buy crypto on the Crypto.com App?

To buy crypto on the Crypto.com App, download it, set up an account, add funds via bank transfer or card, and then trade by selecting your desired cryptocurrency and amount.

Apr 18, 2025 at 12:57 am

Introduction to Buying Crypto on the Crypto.com App

The Crypto.com App is a popular platform for buying, selling, and managing cryptocurrencies. If you're new to the world of crypto or simply looking to use the Crypto.com App, this guide will walk you through the process of buying crypto step-by-step. From downloading the app to completing your purchase, we'll cover everything you need to know to start trading on Crypto.com.

Downloading and Setting Up the Crypto.com App

Before you can buy any cryptocurrency, you need to download and set up the Crypto.com App. Here's how to do it:

• Visit your device's app store: Open the Apple App Store if you have an iOS device, or the Google Play Store if you're using an Android device.
• Search for "Crypto.com": Type "Crypto.com" into the search bar and look for the official app.
• Download the app: Tap on the app and then tap "Download" or "Install."
• Open the app and create an account: Once the app is installed, open it and tap "Sign Up." Enter your email address, create a password, and follow the prompts to verify your email.
• Complete the KYC process: To comply with regulations, you'll need to complete a Know Your Customer (KYC) verification. This involves providing personal information and uploading a photo ID. Follow the in-app instructions to complete this step.

Adding Funds to Your Crypto.com Account

After setting up your account, the next step is to add funds. Crypto.com supports several methods for depositing money, including bank transfers, credit/debit cards, and even Apple Pay or Google Pay. Here's how to add funds:

• Navigate to the "Accounts" section: Once logged in, tap on the "Accounts" tab at the bottom of the screen.
• Select "Deposit Fiat": Tap on "Deposit Fiat" to start the process of adding money to your account.
• Choose your deposit method: Select your preferred method from the list, such as bank transfer, credit/debit card, or mobile payment.
• Enter the amount and complete the transaction: Enter the amount you wish to deposit and follow the prompts to complete the transaction. Depending on your method, this may take a few minutes to a few days to process.

Buying Cryptocurrency on the Crypto.com App

Now that you have funds in your account, you're ready to buy cryptocurrency. Here's how to do it:

• Navigate to the "Trade" section: Tap on the "Trade" tab at the bottom of the screen.
• Select the cryptocurrency you want to buy: Scroll through the list of available cryptocurrencies and tap on the one you want to purchase.
• Choose the fiat currency to use: Select the fiat currency you want to use for the purchase (e.g., USD, EUR, etc.).
• Enter the amount: Decide how much you want to spend or how much cryptocurrency you want to buy, and enter the amount.
• Review and confirm the transaction: Double-check all the details, including the amount, the cryptocurrency, and the exchange rate. If everything looks good, tap "Confirm" to complete the purchase.

Understanding Fees and Limits

When buying crypto on the Crypto.com App, it's important to understand the fees and limits that may apply. Crypto.com charges a fee for each transaction, which can vary depending on the payment method and the cryptocurrency being bought. Here's a quick overview:

• Transaction fees: These can range from 0.5% to 3.5% depending on the payment method. For example, using a credit card typically incurs a higher fee than a bank transfer.
• Withdrawal fees: If you need to withdraw your crypto to an external wallet, there may be a withdrawal fee, which varies by cryptocurrency.
• Limits: There are also limits on how much you can buy in a single transaction and over a period of time. These limits can depend on your account's verification level and the payment method used.

Securing Your Crypto.com Account

Security is paramount when dealing with cryptocurrencies. Here are some steps you can take to secure your Crypto.com account:

• Enable two-factor authentication (2FA): Go to the "Settings" section of the app, tap on "Security," and enable 2FA. This adds an extra layer of security by requiring a code from your mobile device to log in.
• Use a strong password: Make sure your password is unique and contains a mix of letters, numbers, and special characters.
• Monitor your account activity: Regularly check your transaction history and account activity for any unauthorized actions.
• Keep your app updated: Always update the Crypto.com App to the latest version to ensure you have the most recent security features and bug fixes.

Frequently Asked Questions

Q: Can I buy crypto on the Crypto.com App with a credit card?

A: Yes, you can buy crypto on the Crypto.com App using a credit card. However, keep in mind that using a credit card may incur higher transaction fees compared to other payment methods like bank transfers.

Q: What is the minimum amount I can buy on the Crypto.com App?

A: The minimum purchase amount can vary depending on the cryptocurrency and the payment method you use. For most cryptocurrencies, the minimum is usually around $10 to $20 when using a credit card or bank transfer.

Q: How long does it take to buy crypto on the Crypto.com App?

A: The time it takes to buy crypto can vary based on the payment method. If you use a credit card or a mobile payment service like Apple Pay or Google Pay, the transaction can be almost instant. Bank transfers, however, can take a few business days to process.

Q: Can I buy any cryptocurrency on the Crypto.com App?

A: Crypto.com offers a wide range of cryptocurrencies for purchase, but not every cryptocurrency is available. You can check the list of supported cryptocurrencies within the app's "Trade" section.