Coinspot vs Crypto.com | Most Features & Lowest Fees?

So which of these two exchanges offer the wider product range? Let's find out. Coinspot is a beginner-friendly exchange that does not offer a wide range of products and services.

Users can buy and sell Bitcoin and more than 300 other cryptocurrencies via spot trading or via the swap service which convert one cryptocurrency for another.

Coinspot has also developed its own NFT marketplace where users can easily list, buy, sell, and trade their favorite NFTs.

Finally, the platform also offers an OTC desk where higher net individuals can easily purchase cryptocurrencies for larger amounts.

The user experience on Coinspot is good, and the website has been well-designed to make it simple for users to navigate and conduct basic cryptocurrency trading.

This is, however, not an exchange for experienced traders and investors who are likely looking for a wider range of products and services.

Crypto.com has rapidly ascended to become one of the world's most prominent exchanges, particularly due to its aggressive marketing campaigns across the US and Europe.

This strategic focus has garnered a wide and diverse audience, which the exchange caters to with a good range of products and services.

At the core of its offerings, similar to most exchanges, is spot trading. Crypto.com's platform allows users to trade over 290 of the most well known cryptocurrencies.

Additionally, Crypto.com enhances its trading options by including margin trading so that users can take long or short positions on over 100 cryptos with up to 5X leverage.

For traders with a more advanced skill set and interest in derivatives, Crypto.com has significantly expanded its portfolio which now contains over 100 perpetual and quarterly futures.

This gives traders the opportunity to trade perpetual contracts with up to 20X leverage which one the smaller side but still something.

For individual that prefer to automate their trading, Crypto.com offers three types of trading bots: grid, DCA (Dollar-Cost Averaging), and TWAP (Time-Weighted Average Price).

These bots provide traders with tools to automate their strategies, making trading more accessible and potentially more efficient.

Despite its extensive offerings, Crypto.com's trading volumes are relatively modest compared to some other major players in the industry.

It currently ranks in the top 30, with both its 24-hour spot and derivatives volumes hovering around $1 billion.

In addition to trading, Crypto.com offers financial products such as earn and staking products, aligning with the offerings of many other exchanges.

Users can earn interest on over 20 digital assets, including popular choices like BTC, ETH, ADA, DOT, SOL, ATOM, and USDT. However, the interest rates provided by Crypto.com are not as competitive as other exchanges.

Similarly, while staking rewards are available, users will find more lucrative returns by staking their assets directly on the respective blockchain networks.

For NFT enthusiasts, Crypto.com market place provides acccess to hundreds of collections, including high-profile ones like Bored Apes and Pudgy Penguins.

These collections are available across various blockchains such as Ethereum, Polygon, Solana, and Cronos Chain.

Crypto.com has even developed its own non-custodial wallet that lets users store, trade, and earn on their cryptocurrencies in a secure, self-managed way.

The DeFi wallet is versatile and available as a desktop application, a browser extension, and on the Crypto.com website in order to cater to different user preferences.

Lastly, for high net-worth individuals and institutional clients, Crypto.com offers a dedicated OTC (Over-The-Counter) section.

This service is tailored for large-scale transactions, accommodating orders ranging from a minimum of $50,000 to a maximum of $5,000,000, with competitive rates.