Platform Name
Products Lending · Loans · Staking · Wallets · Exchange · Card
Interest Rates Up to 0.4% APY on Stablecoins, 0.1% on BTC
Mobile App Yes - iOS Android
Available in USA Yes - some geo-restrictions apply
Insured Yes - $750 million
Regulated Yes
Trading Fees 0.04–0.20%
Withdrawal Fees Varies by crypto
Interest Paid Weekly

Introduction Review
The company was established in 2016 in Hong Kong and was initially known as "Monaco." Its founders, Bobby Bao, Rafael Melo, Gary Or, and Kris Marszalek, looked to create a platform to bridge the prevailing financial system and the future crypto payment system.

In 2018, the company’s name changed to after purchasing the new domain name from a cryptography researcher, Prof. Matt Blaze. It has also moved its headquarters to Singapore. provides a platform for active crypto traders and those looking to do more with their crypto. It offers spot, margin, and futures trading types, as well as other advanced trading instruments like trading bots. Users can also leverage the platform’s Visa cards to spend cryptocurrencies like real currencies.

The exchange supports more than 250 cryptocurrencies across multiple trading pairs. It also allows users to deposit fiat currencies into their accounts. The only way to get to the platform is through the mobile app, but institutional investors can use the exchange on the web. This version only supports crypto-to-crypto trades.

Furthermore, the platform offers several opportunities to allow users to earn passive income. It also provides crypto loans, staking, NFT, and access to DeFi services. In addition, users will access rewards, high yields, cash backs, and low fees based on the amount of Cronos (CRO) tokens they hold. Products and features Review has a lot of products and features that help users get the most out of their crypto trading strategies. The following are some examples:

Spot Trading

This is the most basic trading type available to users on Spot trading involves trading crypto at the current market price. Just as its name suggests, all trades in the spot market are determined on the spot for immediate delivery.

Both new and experienced traders can use this type of trading to buy and sell cryptocurrency right away.

Margin Trading

Margin trading involves borrowing extra funds to increase one’s trading position. Users can borrow funds and increase their trading profits on during both up and down market movements.

The amount of leverage is determined by the account level. offers up to 10x leverage for more than 100 supported pairs. Also, borrowing rates vary depending on the leverage amount.

Derivatives Trading

Derivatives trading is a type of advanced trading that lets traders bet on how the price of an asset will move without actually owning that asset. This kind of trading is typically used for hedging and speculation. offers different types of derivatives, including futures and perpetual futures. Futures contracts end every month or every three months, but contracts that last forever don’t end. However, users can close the contracts at any time.

Trading Bots

Another advanced trading instrument available on is the Trading Bot. Users who do not want to monitor market movement constantly can take advantage of trading bots to trade all day.

Trading bots automatically place orders based on preset parameters. As a result, they can potentially profit or advance users’ positions. Earn has an "Earn" section where users can invest in over 21 cryptocurrencies and stablecoins and receive interest. It simply requires users to deposit their favorite crypto and accrue interest daily.

Interest can be as high as 14.5%, depending on the selected coin, the term, and the amount of CRO tokens staked. Stablecoins offer higher interest, and locking for up to three months offers higher returns. Also, the larger the CRO stake, the larger the receivable interest.

Rewards are paid out weekly and in kind. This means investors will receive their payout in the same cryptocurrency they deposited. Rewards are sent directly to users’ wallets. DeFi Wallet’s DeFi wallet is a non-custodial wallet that serves as a gateway to a full suite of DeFi services. On the most basic level, users can send, receive, store, and swap cryptocurrencies across several chains on the DeFi wallet app.

Additionally, users can find decentralized applications (DApps) and access DeFi earning opportunities on the hottest decentralized exchanges. The wallet also lets you put in non-fungible tokens (NFTs) in different formats that are used on different blockchains.

As a non-custodial wallet, the wallet allows users to keep their private keys. Thus, users maintain total control over assets stored in the wallet. Visa Card Review

One of’s most interesting features is the Visa debit card. With’s prepaid debit cards, users can buy everyday things with cryptocurrency and earn rewards. Also, users can top up the card balance with fiat currency or crypto. debit cards have no annual fees and offer up to 5% cash back on spending. The cards come in five variations for the five available tiers. Note that these tiers have specific CRO staking requirements, which determine how much cash back users can get.

Users who are not staking CRO tokens can still access the "Moonlight Blue" card. However, as the bottom tier card, holders do not qualify for cashback or other card benefits like Spotify, Amazon Prime, Netflix, and other rewards. Also, it is limited to a $200 free ATM withdrawal and a total of $5000 in free ATM withdrawals per month.

The rest of the tiers include Ruby Steel, Royal Indigo Jade Green, Royal Indigo Jade Green, and Obsidian. The higher the tier, the higher the cashback, free ATM withdrawals, total ATM withdrawals, and card benefits. Note that all cards are metal; hence, they are durable.

Supported Currencies users can trade more than 250 cryptocurrencies on the trading app. These include popular cryptocurrencies and stablecoins. Here are some of the major ones:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Terra (UST)
  • Cronos (CRO)
  • Litecoin (LTC)
  • Ripple (XRP)
  • Enjin Coin (ENJ)
  • TRON (TRX)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • Solana (SOL)
  • Stellar Lumens (XLM)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Basic Attention Token (BAT)

Payment Methods

There are different payment methods available to users on Users can buy cryptocurrencies with fiat through any of these methods. They include:

  • Debit/credit cards
  • Bank transfers
  • Pay

Supported Countries is open to residents of more than 100 countries worldwide. These include the U.S., Australia, Singapore, Canada, and the U.K.

Customer Support offers a chat support system to address users’ questions and complaints. The system is up and running 24/7, although it might take a little while to get a response from a representative.

However, while waiting, users can browse through a list of general topics in the help section. There is also phone support for debit card issues such as misplacement or theft. Users can also email [email protected].

Fees charges 0.4% in trading fees. Compared to some competitors, this fee isn’t the lowest on the market, but it’s not the highest either. The fees can also be less if users make limit orders instead of market orders.

Additionally, holding CRO tokens can qualify users for trading discounts. Also, users can get lower fees if they trade $25,000 or more in a 30-day period.

But there are extra fees when you buy crypto with a credit card or take cash out of your bank account. Users can still walk around these fees with the debit card or withdraw cryptocurrency rather than cash.

How to Create an Account on

Getting started on involves only a few easy steps.

  • Go to
  • Scroll down the page, and select Google Play or Apple App store to get the trading app.
  • Click the "install" button and launch the app when it is done.
  • Click "Create New Account."
  • Enter your email address.
  • Prove that you are not a robot by sliding the puzzle into the right space.
  • You will receive a confirmation email. Click the link in the email to finish creating your account.

Pros is popular among crypto investors for some good reasons. They include:
Pro Explanation
Large crypto selection Offers more than 250 cryptocurrencies for users to buy and sell.
Standard security features Provides industry-standard security measures, including cold storage, 2FA, and anti-phishing measures.
Supports fiat deposit and withdrawal Users can hold fiat balances and withdraw fiat currency from the platform.
Crypto debit card with cashback Offers a prepaid debit card that allows users to spend cryptocurrencies directly and receive rewards and cashback.
Low fees Provides low trading fees of 0.4% and lower, with higher trading volumes and CRO holdings.
Yield generation Allows users to deposit cryptocurrencies and earn high yields through the Earn section, with higher yields for stablecoin deposits and stake CRO tokens.


Crypto investors frown at for the following reasons:
Con Explanation
Poor customer support Offers only a few support options, and chat responses may take a while.
Platform benefits require CRO balances Users need to have CRO tokens in their wallets to receive discounts, rewards, and high returns.
No Crypto-to-Crypto trades Users must first sell the crypto they have before buying the crypto they want.
High fiat withdrawal fees Charges up to $25 for fiat withdrawals to bank accounts.
No desktop App Only accessible through the mobile app.


Here are some frequently asked questions about the exchange:

Is legit?

Yes. is one of the top platforms for buying and selling cryptocurrencies. The company is fully regulated and offers standard security measures to avoid exploitation. It’s good for both people who trade a lot and people who want to spend their cryptocurrencies like real money.

Are’s fees high? charges about 0.4% in fees on trades, which is relatively low. Users who stake CRO tokens can get even lower fees, even though they are not the lowest on the market.

How can I withdraw from offers both crypto and fiat withdrawals. For crypto withdrawals, log into your account, and from the menu, click on "Wallet." Next, find the crypto you wish to withdraw and select "Withdraw" from the menu.

You can also use the "Fiat Wallet" option in the "Accounts" menu to apply for a fiat withdrawal. Select "Transfer," then "Withdraw," and finally, "USD." Then, click on the available balance and withdraw.

If you haven’t already updated your bank account information, the app will prompt you to do so before the withdrawal. Note that fiat withdrawals attract extra fees.

Is backed by the FDIC?

The FDIC does not protect cryptocurrencies deposited on However, supports fiat balances. Thus, the FDIC covers all fiat balances on accounts.

Conclusion is fully regulated and offers both basic and advanced trading products. It also offers low fees. However, it is best suited for intermediate and expert users.

The platform is also good for crypto investors who want to buy everyday things with their crypto. The company’s prepaid Visa card can be used at any store that accepts Visa cards. Users can also receive cashback on their spending, depending on their card tier.

Thank you for rating.