Steem Crypto Challenge #3 : The Best Exchange - Crypto.com

Talk about the crypto exchange. I have few experience that I can share with fellow Steemian friends here.

The number one exchange I would recommend friends to use is crypto.com . This recommendation I think particularly best suitable for friends who is staying in Singapore same as I do.

Source: https://crypto.com/en/index.html

So I would like to list down the selling points of crypto.com which I personally find are good, the finding can be very personal and I hope if you have any comment, do let me know :

First and foremost, the feature I like the most in crypto.com is its linkage to Singapore's government approved company - Xfers.com https://www.xfers.com/sg/ . So basically meaning to buy cryptocurrency is as simple as summary :
Transfer from your local bank saving to xfers account, credit will be reflected within 5-10minutes or less. Then once money is in Xfers account, you can start to buy any major cryptocurrency from crypto.com apps ! that's purchase within 15minutes kind of thing !

Source: https://www.xfers.com/sg/

As crypto.com also famous of its interest earning scheme , so in its apps, One can easily setup "fixed-deposit" (called "Earn" in crypto.com) for tenure of 3 months , 1 month or flexible ! So your loose money in crypto.com , instead of letting it to wait for going to moon, you can tie it to some fixed deposit to earn interest while waiting.

So far I have used crypto.com for about 4 months plus. I do comparison in it with another famous interest earning site - Celsius. To be frank, interest rate is higher in Celsius in most crypto pairs compared to crypto.com , but considered crypto.com giving the free spotify subscription fee and also the debit card (Yes, a crypto to fiat debit card, in my case, it's Singapore Dollar account) , I still like crypto.com as the entry gateway to buy or sell crypto.

In future, I hope it can consider level up its interest rate, and look into lower down its minimum requirement for price-rising crypto for fixed deposit.

I am recommending friends to look into crypto.com as one of the exchanges to consider when wanna do investment in crypto. As another selling point of it is its debit card, which directly translate your crypto into fiat spending power !

From major crypto eg BTC, ETH & Litecoin, I can easily do the switching inside the crypto.com app and reload it into my Visa debit card with Singapore Dollar, Then I can spend it in any shop accepting VISA card ! Best is you can still earn 2% cash back in every purchase !

That's basically linking the crypto world to the real world which will attract more people to join the cryptocurrency investment , and I think crypto.com is doing well in promoting it.

Thanks for reading, do comment if you have any thought.

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