crypto.com setup

2. Crypto.com – Installation and Setup

INDEX

If you like what you have read in Part 1. Crypto.com – Introduction and Review and if you are ready to be part of their growing community, read on.

To begin your journey with Crypto.com, we highly suggest doing it in the following order:

  1. Download and install the Crypto.com App on your smartphone
  2. Register and link your account to the Crypto.com Exchange platform
  3. Download and set up the Crypto.com Wallet on your smartphone (optional)

Although you can install and use any of the three independently above, we think that Crypto.com features and benefits are best realised if the App is used first and foremost. It is after all central to the other two, and should be the first to be installed.

We will not cover the features to keep the steps below uncluttered. To check the details and features of these apps, see the previous part.

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Step 1. Installing and Setting Up Crypto.com App

crypto.com app icon

Download and install Crypto.com App from the App Store or Google Play. If you are reading this on your phone, click the button below to go to the App Store or Google Play directly. Or, do a search for Crypto.com. The icon should have a blue background as seen here.

crypto.com iphonecrypto.com android

 

When the download is complete, launch the app.

For New Users of Crypto.com App

You will see an invitation to key in a referral code at this point. You can proceed without a referral code, but keying in a referral code grants free $50 worth of CRO which you can unlock and use later, so we would highly advise that you proceed with this:

crypto.com setup
1. Click on the Add Referral Code link here.
crypto.com setup
2. Tap to place the cursor and key in the referral code ff7fq3en4t.

 

crypto.com setup
3. Once the referral code has been verified, click on Sign Up.
crypto.com setup
4. Key in your email address, agree to the terms and conditions, and click on Continue. Follow the on-screen instructions to complete the submission of KYC documents. It will take 2 – 3 days for Crypto.com to approve your application.

 

After your application is approved, it is recommended that you take a bit of time to explore the app and familiarise yourself with the user interface, or skip to Step 2 below to proceed with the Crypto.com Exchange registration.

For Existing Users of Crypto.com App

If you have installed the Crypto.com App in the past and have been using the App without a referral code all along, perform the following to take advantage of the $50 CRO bonus.

crypto.com setup
1. On the Home screen, click on the Settings icon at the top left.
crypto.com stake CRO
2. Scroll down to Referral and click on Referral Code.

crypto.com stake CRO
4. Key in the referral code ff7fq3en4t. Check your CRO wallet for the $50 CRO bonus, which currently remains locked until a minimum of 1,000 CRO is staked on the App.
 
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Step 2. Signing Up and Linking to Your Account on Crypto.com Exchange

The Crypto.com Exchange runs on any internet browser (Chrome, Safari etc) and allows you to trade cryptocurrencies on a live active market.

crypto.com setup
The Crypto.com Exchange is a full-fledge crypto asset brokerage platform that works seamlessly with the App.

If you have already installed and set up the Crypto.com App above, follow the instructions at How to Register on Crypto.com Exchange for App Users to link your App to the Exchange.


Step 3. Installing and Setting Up Your Crypto.com Wallet (Optional)

We left this for last because the Crypto.com Wallet is optional. If you are already using a user-custodial wallet such as the Blockchain.com wallet or a hardware wallet, you may choose to omit this wallet.

If you would like a private wallet that stores the altcoins we mentioned in Part 1, then the Crypto.com Wallet may be for you. To begin:

Crypto.com Wallet icon

Download and install Crypto.com Wallet from the App Store or Google Play. If you are reading this on your phone, click the button below to go to the App Store or Google Play directly. Or, do a search for Crypto.com Wallet. The icon should have a white background as seen here.

crypto.com iphonecrypto.com android

 

Once you have created a new wallet, jot down the passphrase for your wallet and store it somewhere safe, as you would do with any new user-custodial wallet. You can also link your hardware wallet to the Crypto.com Wallet, if you wish.

 

All Systems Linked and Ready to Go!

Once you’ve completed the above, you will find that the App plays a central role that links all of Crypto.com facilities together.

You can send your crypto assets between the App and the Exchange seamlessly, and because the transactions take place internally within Crypto.com (i.e. off-chain), they are instant and fee-free. It is as simple as going to the crypto in your Exchange account, clicking on Withdraw, and selecting Withdraw to App.

crypto.com app
Transfer crypto from the App to the Exchange…
crypto.com exchange
…and vice versa, instantly and without any fee.

Now that we have the basic facilities of the Crypto.com ecosystem set up, we now discover how bitcoin and cryptocurrencies can be purchased on the App and Exchange.

Read the next section Part 3. Crypto.com – Buy Bitcoin and Crypto.

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