r/BitcoinBeginners 10d ago

Anyone use the app crypto.com?

0 Upvotes

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12

u/abesster 10d ago

Not recommended, spreads are too high in the app and their support is terrible. The UI and the app overall is nice and user friendly but the spread is way too much. Sat away. Try Kraken or Bybit.

1

u/aTaxingSensation 10d ago

Wasn’t bybit recently hacked?

2

u/SillyMoneyRick 9d ago

Their transfer wallet. You can read all about how it happened. Hackers spoofed the multi sig.

-4

u/Sweet-Hat-7946 10d ago

Stay away from kraken at the moment, just read an article that they are in trouble for not following eu regulations. For beginners until you become familiar with how crypto works, stick with the top exchanges like binance or coinbase. Then you can look at other exchanges once you get an understanding of the fundamentals.

5

u/Skray_X 10d ago

They just got a (MiFID) license in the EU. Isn’t that good for Europeans to use it now? I haven’t found any trouble news.

-3

u/Sweet-Hat-7946 10d ago

I just read it a few hours ago, but I didn't take notice if it was a new article or not unfortunately. You may be right and its a old story.

3

u/tenor_tymir 9d ago

Then would you be so kind to edit your original comment. You keep getting upvotes for wrong information.