Crypto.com has announced the launch of its institutional-grade Crypto.com Exchange in the United States. This new offering complements the existing Crypto.com app, which is already available for US retail users.
Kris Marszalek, Co-Founder and CEO of Crypto.com, shared,
“After testing an early version of the Crypto.com Exchange in the US back in 2022, we made significant investments to enhance its technology and banking systems. These efforts have driven remarkable global growth, making us the top USD-supporting crypto exchange. We’re excited to now fully launch this product in the US, a market we strongly believe in.”
With the Crypto.com Exchange, users can trade over 300 cryptocurrencies and 480 trading pairs on a platform designed with top-tier security and compliance features.
The interface is customisable, allowing users to easily personalise elements like charts and order books to suit their trading style.
The platform supports both active and passive traders. Advanced features like customisable order types and sub-accounts cater to 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 trades, but it was short-lived. The company discontinued the exchange in June 2023, citing “limited demand from institutions in the US given the current market conditions,” according to a Crypto.com representative.
Funding accounts is simple where users can make direct Fedwire transfers from local banks and access flexible withdrawals in either USD or USDC at a 1:1 ratio without extra fees.
Featured image credit: edited from Crypto.com
This article first appeared on Fintech News Singapore
