Crypto.com
- This is an CASP, not a bank: funds are safeguarded, not covered by a €100k deposit guarantee.
Pros & Cons
Pros
- Prepaid crypto Visa card
- crypto trading
- staking rewards
- SEPA EUR funding
Cons
- Not a bank — no €100k deposit guarantee (funds safeguarded)
Rating breakdown
Why this score
Good fit for
- you need to hold a balance in USD
- you move stablecoins both in and out
- you want cashback on card spend
- you receive SEPA transfers
May not fit if
- you want a card at no cost (this one is Subscription €3.99–24.99/mo (CRO lockup as alternative))
This is an electronic money institution (EMI), not a bank. Funds are safeguarded, but NOT covered by the €100,000 deposit guarantee. Convenient, but legally it isn't a bank deposit.
- Licence
- CASP · MFSA Malta
- IBAN
- Multi-currency details
- SEPA Instant
- Receive only
Editorial review
Data reviewed by Ilya ChernetskiyFounder and editor, nomonedaUpdated: 2026-08-15
Crypto.com runs on an CASP licence: convenient, but your money is safeguarded rather than covered by the €100k deposit guarantee.
It is a crypto fintech licensed in MT supporting EUR, USD, BTC etc. FX model: Spread on crypto; card-network rate + possible markup.
It tends to suit crypto card, crypto trading, cashback.
Fees & terms
- Exchange rate
- Spread on crypto; card-network rate + possible markup
- Card cost
- Subscription €3.99–24.99/mo (CRO lockup as alternative)
- Local-currency withdrawal
- Not disclosed
- USD withdrawal
- Not disclosed
- Withdrawal fees
- Not disclosed
- Limits
- Not disclosed
- USD yield
- Not disclosed
- Cashback
- Crypto cashback on card spend (tiered, staking-based)
- Currencies
- EUR, USD, BTC etc
- Cards
- Global Physical, Global Virtual
- Transfers
- SEPA in/out, Crypto in/out
- Payments
- Apple Pay, Google Pay
- Licence
- CASP — MFSA Malta
- IBAN
- Multi-currency details
- SEPA Instant
- Receive only
- Verification of Payee (VoP)
- No
- FX model
- Spread on crypto; card-network rate + possible markup
- Opening requirements
- No local address needed
- English support
- Yes
- Remote opening
- Yes
- MiCA status
- MiCA CASP
- Headquarters
- Singapore
Transfer routes
One row per direction, rail and currency — with what we hold on fees, speed and limits. A blank fee is not a free transfer; it is a fee we have not collected.
| Route | Fee | Speed | Limits |
|---|---|---|---|
| SEPAincomingEUR | Free | Not published | — |
| SEPAoutgoingEUR | 1 EUR | Not published | — |
| Cryptoincoming | Free | Not published | — |
| Cryptooutgoing | 0.6 USDCConditional: 0.6 USDC0.8 USDCConditional: 0.8 USDC10 USDTConditional: 10 USDT | Not published | — |
Who holds your money
The name on the app is not always the company holding the balance, and deposit protection follows the licence rather than the brand.
| Role | Organization | Answerable for | Applies to |
|---|---|---|---|
| Licence holder | Crypto.comMFSA Malta | Operating under regulatory permission | All currenciesNo protection scheme recorded |
What to know before you move money
Elevated exposure — At least one thing here would change a reasonable person’s mind.
- CriticalThis is an CASP, not a bank: funds are safeguarded, not covered by a €100k deposit guarantee.
Read from: eu.license_type, eu.dgs_covered
- Medium1 route(s) state a fee we could not turn into a number.
Read from: transfer_routes.fee_components
Recent updates
- 2026-08-15checked15 facts about Crypto.com re-checked against their sources
3 similar services
Chosen by overlap in what people use them for, not by category — the services that would land in the same shortlist as this one.
User reviews
User score
No reviews yet.
…
FAQ
- Is my money protected?
- No. Crypto.com operates under an CASP licence — funds are safeguarded but NOT covered by a €100k Deposit Guarantee Scheme. It is not a bank in the deposit-protection sense.
- What IBAN and transfers?
- Crypto.com issues local receiving details in several currencies. SEPA Instant: receive.
- Can I open remotely, in English?
- Opening is remote. English support is available. Requirements: No local address needed.
Data provenance & verification
Every fact is checked against an official source and stamped with a date. We re-check fees quarterly and document requirements twice a year. Fields not yet independently verified are labelled honestly.
Independently corroborated, rated on the full model and checked within the year. This service can appear in our ranked picks.