Buying bitcoin and crypto on Crypto.com is easy and convenient via wire transfer, credit card and cryptocurrency.
We’ll cover this part briefly as you may want to read Part 4. Crypto.com – Stake and Earn before you decide what cryptocurrencies you would like to buy.
You can always return to this article at a later time when you’re ready to buy.
We’ll start with options on buying bitcoin and other cryptocurrencies on the Crypto.com App.
Buy Cryptocurrencies on Crypto.com App
You can buy bitcoin and any listed altcoin on the App:
- Via Wire transfer
- With Debit or credit card
- With Cryptocurrencies
A. Via Wire Transfer
Buying bitcoin via wire transfer on the Crypto.com App involves transferring funds in fiat currency from your bank account to your fiat wallet on the App.
At time of writing, depending on the country your account is registered at, fiat currencies that can be transferred are USD, GBP, EUR, SGD, CAD, AUD, NZD, HKD, TWD, NOK, SEK, DKK, CHF, PLN, ZAR, KES, and RUB.
After the approval of the KYC, you can transfer funds from your bank account to the Fiat Wallet bank account details in the App. Once your funds have been successfully transferred to your Fiat Wallet, proceed as follows:
B. With Debit or Credit Card
You may also use your debit or credit card to purchase bitcoin and altcoins. At time of writing, the 3.5% fee for credit card purchases is waived.
Once your credit card has been successfully added, you can proceed to buy CRO or any crypto from here.
C. With Cryptocurrencies
Before you can buy anything with cryptocurrencies, you will first need to deposit some cryptocurrencies.
Let’s take the example of buying BTC with USDT. To do this, you will first need to deposit some USDT.
You now have some USDT in your App which you can use to buy bitcoin or altcoins. In the following steps, we will purchase CRO as an example:
Buy Cryptocurrencies on Crypto.com Exchange
To buy bitcoin and cryptocurrencies on the Crypto.com Exchange, the procedure is similar to buying with cryptocurrencies on the App above (C). Just deposit a crypto such as USDT on the Exchange, and convert that to another crypto such as Bitcoin (BTC) or Ether (ETH).
Option to purchase cryptocurrencies using funds via wire transfer or credit card is not available at time of writing.