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Scammers may also attempt to impersonate other trusted sources. Under this guise of credibility, criminals will attempt to trick users into offering up private information. In crypto, this is typically obtaining user account data or fooling users into transferring crypto to a false account.  Crypto com app review Nonetheless, Crypto.com is ranked #1 in the security category by CER.live, the top crypto exchange cybersecurity rating organization. This demonstrates that it is a relatively trustworthy platform with stable assets. Plus, as part of its Account Protection Programme, Crypto.com gives users up to $250,000 in protection in case their accounts get compromised.

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Swissmoney companies use cookies to provide you with tailored information about our services and to improve the performance of our website and (or) app. If you agree to all cookies used, please click on the "Accept" button. If you wish to change your cookie settings, please click on the "Choose cookies" button, and if you wish to refuse all of these cookies, please click on the "Reject" button. Your cookie preferences will be stored for one year. Scam of the Week: PayPal Crypto Invoice Scam Inca Digital produced its estimate by analyzing the activity of crypto wallets known to be controlled by scammers. The firm studied those accounts’ transactions and then developed an algorithm to find other such wallets. And it traced the crypto that passed through those accounts in two directions: back to where victims first bought them on big cryptocurrency trading platforms, and forward, to other platforms and services the scammers use to obscure their trail. Then the money lands at another exchange, typically an international operator, where thieves trade the crypto for traditional currency.

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Although Crypto.com does have a derivatives and margin trading platform, it's inaccessible to the majority of Crypto.com customers. While available in some regions, over 85 countries, including the US, UK, Australia, and most of Europe, cannot access the feature due to strict regulations. However, Crypto.com is still a powerful crypto exchange for spot trading. For a full list of Crypto.com-supported countries, read this guide. Opening a Crypto.com Account All the services provided by Crypto.com are available only in the app. The last one allows buying and selling over 100 cryptocurrencies at true cost, spending cryptocurrency with Crypto.com Visa Card, and receive cashback, as well as receive rewards on crypto-assets possessed. The app can be downloaded on Google Play and App Store depending on the operating system of a mobile device used.

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2 Products with instant approval have a provisional decision within 60 seconds. However, approval of your application is not guaranteed. The credit provider’s final decision is made at their discretion, subject to decisioning criteria. Crypto.com Crypto Wallet Review If you’ve spent even a minute of your time researching the topic of cryptocurrencies, chances are that you’ve come across Crypto.com. If not, then you’ve surely seen some user Crypto.com reviews floating around - it’s a very popular platform!