Crypto.com Revenue and Growth Statistics (2024)

• On October 28, 2021, the actor Matt Damon promoted Crypto.com in a video advertisement.
• Since Matt Damon’s promotion and advertisement, Crypto.com’s normalized exchange volume has dropped by 91% from $4 billion a day to $380 million daily. Whether the ad has a direct impact on it or not is a tale that will always be thought about.
• Crypto.com was initially founded as ‘Monaco’.
• The company had to purchase the domain name that was owned by a professor named Matt Blaze.
• Matt Blaze refused to sell the domain name multiple times until 2018.
• The value of the domain name remains undisclosed but experts estimated that the deal was closed for $5 million to $10 million.
• Crypto.com paid $700 million to rename the iconic landmark Staples Center Arena into Crypto.com Arena.
• Staples Center Arena was renamed Crypto.com arena on December 25, 2021.

Source: The Sydney Morning Herald, Decrypt, The Verge, NBA

Crypto.com, previously known as Monaco, is a private company focused on financial services (cryptocurrency exchanges), and it was started in 2016.

The app has its own cryptocurrency, called the “Cronos” coin — CRO.

At a glance:

Source: HITC, The Verge, Crypto.com, Front Office Sports, Bloomberg

Crypto.com has a market cap of $812.17 billion as of November 2022.

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Source: Crypto.com

Crypto.com’s revenue has been undisclosed throughout the years. However, the CEO of Crypto.com revealed the company’s revenue in 2021 and 2022 in their Live AMA last November 14, 2022.

The following list shows Crypto.com’s revenue in 2021 and 2022:

• 2021: $1 billion is Crypto.com’s annual revenue
• 2022: $1 billion is Crypto.com’s annual revenue

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Sources: CNBC, Youtube

The following table shows Crypto.com’s investments:

Source: Crunchbase

Crypto.com’s total number of investments as of November 2022:

• 15 number investments

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Source: Crunchbase

The following table shows Crypto.com’s acquisitions throughout the years:

Source: Crunchbase

The following list shows the number of Crypto.com employees throughout the years:

• November 2022: 4,500 employees
• January 2022: 3000 employees
• February 2021: 900 employees
• February 2020: 250 employees

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Source: Linkedin, Crypto.com

The following list shows the number of Crypto.com users throughout the years:

• 2020: 5 million users or customers
• 2021: 10 million users or customers
• 2022: 70 million users or customers

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Source: Tech in Asia, Crypto.com 1, Axios, Crypto.com 2, Front Office Sports

The following data shows Crypto.com’s audience demographics per gender distribution.

• 73.13%: Male Crypto.com audiences
• 26.87%: Female Crypto.com audiences

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Source: Similarweb

The following data shows Crypto.com’s audience demographics per age distribution

• 21.43% of Crypto.com’s users are aged 18-24
• 33.87% of Crypto.com’s users are aged 25-34
• 20.50% of Crypto.com’s users are aged 35-44
• 12.37% of Crypto.coms’ users are ages 45-54
• 7.44% of Crypto.com’s users are aged 55-64
• 4.39% of Crypto.com’s users are ages 65+

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Source: Similarweb

Crypto.com earns money through:

• Interchange fees: These are earned through Crypto.com’s debit card strategy wherein the merchants are charged normally around 1 percent. The debit card has different tiers with different rewards and benefits. Aside from the interchange fees, the card also charges withdrawal fees and currency exchange fees.
• Trading fees
• Interest fees
• NFT fees
• Investments

Source: Crypto.com, Product Mint,

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The following are the top 10 cryptocurrencies being traded on Crypto.com based on the price:

Source: Crypto.com

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The following table shows the top crypto currency categories being traded in Cypto.com as of November 2022:

Source: Crypto.com

Source: Coin Ranking

Presently, there are more than 250 cryptocurrencies that are being traded in Crypto.com.

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Source: Crypto.com

As of June 2022, Crypto.com announced that they are currently supporting more than 50 spot trading pairs with U.S. Institutional Clients.

Source: Crypto.com

• 10 million users
• $5.5 billion in daily exchange volumes
• $1.9 billion TVL on Cronos
• 70 billion CRO burned that year
• $750 million total insurance coverage
• $16.1 million in giveaways, rewards, and prizes
• 1.4 million Twitter followers
• 3000+ staff members

Source: Crypto.com

As of November 22, 2022, there are 13,978 coins being traded on Crypto.com.

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Source: Crypto.com

As of November 24, 2022, $57 billion is the exchange trade volume for the past 24 hours.

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Source: Crypto.com

As of November 24, 2022, $1.7 trillion is the total estimated amount of money being traded in Crypto.com for the past 30 days.

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Source: Crypto.com

As of November 24, 2022, $620.5 trillion is the total estimated amount of money being traded in Crypto.com for the past year.

Source: Crypto.com

Cronos, formally known as Monaco, is Crypto.com’s own cryptocurrency. Below is the table that shows the key stat and key info of Crypto.com.

Source: Crypto.com, Bit Nation

As of November 24, 2022, the current market cap of Cronos is $1.65 billion.

Source: Crypto.com

As of November 24, 2022, the current market share of Cronos (CRO) in the global crypto market cap is 0.19%.

Source: Coin Market Cap

Source: Forbes

The average time spent on Crypto.com is 00:02:36.

Source: Similar Web

These are the data collected on Crypto.com’s Website Traffic Analysis as of November 2022:

Source: Hypestat

• Direct sources: 74.77% of the traffic
• Referral sources: 2.46% of the traffic
• Search sources: 21.20% of the traffic
• Social sources: 1.13% of the traffic
• Paid sources: 0.44% of the traffic

Source: Hypestat

• 33.42% of the users visit the website through desktop devices
• 66.58% of the users visit the website through mobile devices

Source: Hypestat

Source: Similar Web

Crypto.com’s fees differ for each type of fee. The fees can be adjusted when a user stakes on Crono (CRO). Currently, there are  4 types of fees on Crypto.com:

• Trading Fees
• VIP Trading Fees
• Withdrawal Fees
• Bank Transfer

Source: Crypto.com

Source: Crypto.com

Source: Crypto.com

Source: crpyto.com

Source: Crpyto.com

Withdrawal fees differ for each type of coin through different types of networks. It’s hard to make a definitive list of these withdrawal fees since these are constantly updated by Crypto.com. However, we can visit the complete lists at Crypto.com.

Source: Crypto.com

Source: Crypto.com

Source: Crypto.com

Source: Crypto.com

Source: Crypto.com

Source: Crypto.com

Source: Crypto.com

Source: Crypto.com

Source:Crypto.com

These are the key stats and key info on Crypto.com’s mobile app on Android as of November 2022:

These are the key stats and key info on Crypto.com’s mobile app on iOS as of November 2022:

Source: Crypto.com, Google Play, Apple Store

There is no definitive data on which countries allow both Crypto.com and its app. Crypto exchanges in the platform are coming from all over the world. However, it should be noted that China fully banned crypto in January 2022. We can assume from this piece of information that crypto exchange platforms are banned in China as well.

Sources: Fortune