Purchasing Crypto.com Coin (CRO) has become increasingly accessible, thanks to the growing number of platforms supporting digital asset transactions. Whether you're new to cryptocurrency or expanding your portfolio, acquiring CRO can be done efficiently using familiar payment methods like credit cards, bank transfers, or even indirect routes involving Bitcoin and Ethereum. This comprehensive guide walks you through the entire process—from setting up accounts on trusted exchanges to securely storing your assets.
We’ll cover step-by-step instructions for buying CRO, recommended storage solutions, and frequently asked questions to help you make informed decisions. By the end, you’ll understand how to safely acquire and manage your CRO holdings.
Step-by-Step Guide to Buying Crypto.com Coin (CRO)
While direct purchases of CRO may not be available on every platform, most investors use a two-step method: first buying a major cryptocurrency like Bitcoin (BTC) or Ethereum (ETH), then exchanging it for CRO on a compatible exchange. Here's how to do it securely and efficiently.
1. Create a Coinbase Account to Buy BTC or ETH
The first step is acquiring a base cryptocurrency such as Bitcoin or Ethereum. Coinbase is one of the most user-friendly and regulated platforms for beginners.
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To get started:
- Visit the official site and click "Sign Up".
- Enter your full name, email address, password, and country of residence.
- Ensure the information matches your government-issued photo ID, as Coinbase requires identity verification under U.S. financial regulations.
After registration, verify your identity by:
- Uploading a photo of your ID.
- Confirming your phone number.
- Linking your bank account or debit/credit card.
Verification ensures compliance and security but may take a few hours to complete. Once verified:
- Click “Buy/Sell” in the top menu.
- Choose Ethereum (ETH) or Bitcoin (BTC).
- Enter the amount you’d like to purchase in fiat currency or crypto units.
- Confirm the transaction with your password or two-factor authentication (2FA).
Using a card processes instantly but incurs higher fees. Bank transfers are cheaper but can take up to 7 business days.
Tip: Always enable two-factor authentication (2FA) for added account protection.
Keep your Coinbase account open—you’ll need it again shortly.
2. Set Up a Binance Account for Trading CRO
Next, transfer your BTC or ETH to Binance, a leading exchange that supports direct trading pairs with CRO.
To create an account:
- Go to Binance’s official website.
- Click “Register” and provide your email and a strong password.
- Complete the CAPTCHA and agree to terms.
- Confirm your email via the link sent to your inbox.
Upon logging in:
- Immediately set up two-factor authentication (2FA) using apps like Google Authenticator or Authy.
- This significantly reduces the risk of unauthorized access.
Binance supports direct purchases of CRO with USD, EUR, and other fiat currencies, but pairing with ETH or BTC often offers better liquidity and lower spreads.
3. Find Your Ethereum Deposit Address on Binance
Now that both accounts are ready:
- Navigate to the “Wallet” tab at the top.
- Select “Overview” > “Deposit” > “Crypto”.
- Search for Ethereum (ETH) and select it.
- Copy the unique deposit address provided.
Double-check that you're depositing ETH—not another token—on the Ethereum network. Sending funds to the wrong network could result in permanent loss.
4. Transfer ETH from Coinbase to Binance
Return to your Coinbase account:
- Click “Accounts” and locate your ETH wallet.
- Click “Send”.
- Paste the Binance ETH deposit address into the recipient field.
- Enter the amount (use “Max” if transferring all).
- Click “Continue” and confirm with 2FA.
Transfers typically take 20–60 minutes, depending on blockchain congestion. You’ll receive an email notification from Binance once the funds arrive.
5. Exchange ETH for Crypto.com Coin (CRO)
Once ETH appears in your Binance wallet:
- Go to the Exchange section.
- Search for the CRO/ETH trading pair.
Choose between:
- Market Order: Buys CRO instantly at the current market price.
- Limit Order: Allows you to set a target price for purchase.
For beginners, the Market option is simplest. Just enter how much CRO you want and confirm the trade.
Pro Tip: Consider dollar-cost averaging—buying small amounts at different price points—to reduce volatility risks.
After confirmation, your CRO will appear in your Binance spot wallet. Congratulations—you’ve successfully purchased CRO!
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Best Wallets to Store Crypto.com Coin (CRO)
After purchasing CRO, storing it securely should be your top priority. Leaving coins on exchanges exposes them to potential hacks.
Hardware wallets are the gold standard for long-term storage because they keep private keys offline.
Top Hardware Wallets for CRO
Ledger Nano X/S
- Supports ERC-20 tokens (CRO runs on Ethereum).
- Military-grade security with Bluetooth connectivity.
- Priced around $119–$149.
Trezor Model T
- Open-source firmware enhances transparency.
- Touchscreen interface and strong community support.
- Costs approximately $179.
KeepKey
- Larger screen and sleek design.
- Integrates with ShapeShift and other platforms.
- Priced at $129.
For mobile convenience, software wallets like Coinomi support CRO across iOS, Android, and desktop systems. However, they’re less secure than hardware options due to online exposure.
Always back up recovery phrases offline and never share them.
Frequently Asked Questions About Buying CRO
Can I buy Crypto.com Coin with PayPal?
No, you cannot directly purchase CRO with PayPal. However, you can buy Bitcoin or Ethereum using PayPal through platforms like Coinbase, then transfer and exchange them for CRO on Binance or similar exchanges.
Is it possible to buy CRO with cash?
There’s no widespread option to buy CRO directly with cash. While some crypto ATMs support CRO, they represent less than 1% of global machines. Your best bet is buying BTC with cash at an ATM, then trading it for CRO online.
Can I use Bitcoin to buy CRO?
Yes. Most major exchanges like Binance allow direct BTC/CRO trading pairs. Simply deposit BTC and place a trade to convert it into CRO at current market rates.
How about buying CRO with Ethereum?
Absolutely. ETH/CRO is a popular trading pair on Binance and other platforms. The process mirrors BTC conversion—just deposit ETH and execute a swap.
What’s the best payment method?
The cheapest method is linking your bank account to buy BTC/ETH, though it takes longer. The fastest way is using a credit card, but fees are higher due to processing costs.
How do I protect my CRO after purchase?
Transfer your CRO to a secure wallet—preferably a hardware wallet like Ledger or Trezor. Avoid keeping large amounts on exchanges where security breaches are more likely.
Can I mine Crypto.com Coin?
No, CRO is not mineable through traditional means. It operates on a proof-of-stake model within the Crypto.org Chain ecosystem, where staking—not mining—validates transactions and earns rewards.
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By following this guide, you now have a clear path to acquiring and protecting Crypto.com Coin. With proper security practices and strategic purchasing habits, you can confidently participate in the evolving world of digital finance.