buy bitcoin on crypto.com

3. Crypto.com – Buy Bitcoin and Crypto

INDEX

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.

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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.

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A1. Go to the Main Menu.
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A2. Select Fiat Wallet.
 
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A3. Tap on + Set Up New Currency.
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A4. In the popup list, select your preferred fiat currency. If your local currency is not shown, you may choose either USD or EUR.
 
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A5. Fill the tick box to acknowledge and agree to the terms and conditions, and click Next.
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A6. Complete the KYC process by submitting documents and personal details.
 

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:

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A7. Go to the Main Menu, and select Wallet.
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A8. In the list of cryptocurrencies, select Crypto.com Coin (CRO).
 
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A9. Tap on Buy CRO .
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A10. Select the Fiat Wallet tab at the top, and if your deposit has been completed above, you can to proceed to buy CRO or any crypto from here.
 
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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.

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B1. Go to the Main Menu.
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B2. Select Wallet.
 
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B3. In the list of cryptocurrencies, select Crypto.com Coin (CRO).
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B4. Tap on Buy CRO .
 
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B5. with Credit Card: Select the Credit Card tab at the top, and click on + Add Credit or Debit Card.
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B6. Key in your credit or debit card details. For MasterCard users, click the link at the bottom of the screen and note the supported countries.
 

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.

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C1. Go to the Main Menu.
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C2. Select Wallet.
 
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C3. In the list of cryptocurrencies, select Tether (USDT).
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C4. Tap on Transfer
 
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C5. …and select Deposit.
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C6. Your USDT wallet address and its QR code is shown. Let’s deposit 50 USDT into this wallet as an example.
 

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:

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C7. Go to the Main Menu, and select Wallet.
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C8. In the list of cryptocurrencies, select Crypto.com Coin (CRO).
 
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C9. Tap on Buy CRO .
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C10. Select the Crypto Wallet tab at the top, and select Tether (USDT) in the list of crypto below. Our 50 USDT deposited earlier is shown in the USDT balance.
 
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C11. Tap and change the amount of CRO to purchase. Let’s use 150 CRO as an example. Tap on Buy 150 CRO.
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C12. On the following screen, check that the amount and details are correct. We’ll be spending 25.81722 USDT to purchase 150 CRO. Note that there is a time limit for the exchange rate, as shown in the countdown timer in red at the top right of the screen. Click Confirm to proceed to purchase.
 
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C13. That’s it! We’ve just completed the purchase of 150 CRO using USDT on the Crypto.com App.

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.

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