Is "crypto.com" Safe?

Is "crypto.com" Safe?

Direct answer is YES.  But let's look at the reasons why..

Crypto.com Steps Taken For Security

1. Multifactor authentication

2. 24/7 customer support

3. Cold wallet storage

4. Email warnings and withdrawal delays for a new address

5. Secure software development lifecycle

BUT.. Nothing is Perfect... So.. let's look at the risks too

2 factor authentication can be intercepted by someone

You may miss the 24 hours delay email if a hacker has tries to withdraw 

You may miss the 24 hours withdrawal delay email if a hacker tries to withdraw 

It is not FDIC-insured. It means, if it goes bankrupt no one can help you out.

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