Last month, Crypto.com surpassed Coinbase in terms of trading volumes.
I was a bit surprised by that.
Partly because I find it incredible that, as of August 1, Coinbase was only the sixth-largest exchange by trading volume, after Binance, Bybit, Crypto.com, Huobi and Whitebit.
But chiefly because I genuinely cannot understand why people like Crypto.com.
I don’t really like Crypto.com.
I think the UX is subpar and the way they handed the 2021 bull run was appalling.
First, they spent incredible amounts of cash on marketing, including with the infamous cringey ad with Matt Damon, and then they slashed crypto rewards for debit card users in a way that left a lot of people holding a worthless bag of CRO.
The exchange advertised enticing benefits and rewards with the Crypto.com debit card if you staked CRO, and then shortly thereafter, those rewards were either dramatically reduced or, in some cases, removed altogether, and in the meantime the value of CRO token had crashed.
A lot of people found themselves with a lot of CRO that was worth a fraction of what they’d paid for, and they couldn’t sell it anyway, and the promised rewards were no longer available to them.
Do you use crypto.com? If so, I’m genuinely interested to learn why.
bitcoinea 
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