A cryptocurrency, crypto currency or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized.100% of user cryptocurrencies are held offline in cold storage. ... This is the largest coverage that Crypto.com has secured for its cold storage assets on custodial partner Ledger Vault.
Crypto.com appears to be a legit exchange that is secured and regulated. US customers fiat wallet balances (in USD) are covered by FDIC insurance up to US$250,000 which provides a level of assurance funds are safe on the platform. To date, there have been no hacks or major theft of funds on Crypto.com or its app.Founded in June 2016, CRYPTO.com raised US$26.7 million through one of the most successful Token Sale events to date. The company is headquartered in Switzerland with offices in Hong Kong and Singapore.
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