How to Buy CRO on Crypto.com: A Comprehensive Guide
Are you looking to buy CRO, the native token of Crypto.com, but unsure of how to go about it? Look no further! This detailed guide will walk you through the entire process, from setting up your account to making your first purchase. Let’s dive in!
Step 1: Create a Crypto.com Account
Before you can buy CRO, you need to create an account on Crypto.com. Here’s how to do it:
- Go to the Crypto.com website and click on “Sign Up” or “Join Crypto.com” on the top right corner.
- Enter your email address and create a strong password.
- Complete the email verification process by clicking on the link sent to your email.
- Fill in your personal details, including your full name, date of birth, and country of residence.
- Upload a government-issued ID for identity verification.
- Wait for your account to be approved, which usually takes a few minutes.
Step 2: Verify Your Account
For security reasons, Crypto.com requires you to verify your account before you can make any transactions. Here’s how to do it:
- Log in to your Crypto.com account.
- Go to the “Settings” tab and click on “Verification” on the left-hand side.
- Select the type of verification you want to complete (Basic, Advanced, or Pro).
- Follow the instructions to upload the required documents, such as a photo of your ID, proof of address, and a selfie.
- Wait for your account to be verified, which can take up to 24 hours.
Step 3: Deposit Funds
Once your account is verified, you need to deposit funds into your Crypto.com wallet to buy CRO. Here are the available options:
| Payment Method | Deposit Fee | Processing Time |
|---|---|---|
| Crypto.com Credit Card | Up to 3.99% | Instant |
| Bank Transfer | Free | 1-3 business days |
| Crypto Transfer | Free | Instant |
Choose the payment method that suits you best and follow the instructions to deposit funds into your wallet.
Step 4: Buy CRO
Now that you have funds in your wallet, it’s time to buy CRO. Here’s how to do it:
- Log in to your Crypto.com account.
- Go to the “Trade” tab and select “Spot” trading.
- Enter “CRO” in the search bar to find the CRO/USD trading pair.
- Choose your preferred trading pair (e.g., CRO/USD, CRO/BTC, etc.).
- Decide whether you want to buy CRO at the market price or set a limit order.
- Enter the amount of CRO you want to buy and click “Buy” or “Buy Limit” (if you set a limit order).
Step 5: Store Your CRO
After purchasing CRO, it’s important to store it in a secure wallet. Here are some options:
- Crypto.com App: The Crypto.com app offers a built-in wallet where you can store your CRO and other cryptocurrencies.
- Crypto.com Vault: For enhanced security, you can store your CRO in the Crypto.com Vault, which is a cold storage solution.
- Hardware Wallet: Consider using a hardware wallet like Ledger or Trezor for the highest level of security.
Remember to keep your private keys safe and never share them with anyone.