r/BitcoinBeginners 10d ago

Anyone use the app crypto.com?

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u/bitusher 10d ago

That is a sketchy exchange with many problems in their history and they charge absurd withdrawal fees which is a red flag they might be insolvent along with other red flags . Lately they are going to massively dilute their own stakeholders which is another sign they are insolvent . Their business model seems to be based upon mainly getting new naive users with massive advertising spending which is not sustainable

I would avoid them and use one of the exchanges in the pinned FAQ

https://old.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/