Crypto.com (App & Exchange US): US Fees, 50-State Legality, NMLS & Orderbook Audit
- FinCEN MSB & NMLS ID
- Registered MSB · NMLS #1966158 (48 MTLs)
- NYDFS BitLicense Status
- Does not hold a NYDFS BitLicense (unavailable to New Y
- Pro Maker / Taker Fee
- 0.08% / 0.18% (Crypto.com Exchange US (launched Jan 20
- Simple Buy Fee + Spread
- 0.00% Fee + ~220 bps Spread
- ACH Deposit & Hold Lock
- $0.00 Deposit · 3–7 Business Day Withdrawal Hold
- 2026 IRS Tax Reporting
- 1099-DA, 1099-MISC, 1099-B, 8949-CSV (FIFO)
▣ VERIFIED 1200×675 QUANT DOSSIER SNAPSHOT CARD[EXPAND TERMINAL PREVIEW ▾]
Crypto.com Execution Cost Curve: $100 to $50,000 (Simple vs Pro Orderbook vs US Median)
Verified Fee + Spread Benchmark1. US Regulatory Passport & Custodial Protection
No BitLicense| Benchmark Parameter / Attribute | Verified 2026 US Provision & Specification |
|---|---|
| Legal Entity | Foris DAX, Inc. & Crypto.com Derivatives North America (CDNA) |
| US Headquarters | Tyler, TX (US HQ) |
| FinCEN MSB Status | Registered FinCEN MSB (Foris DAX, Inc.) |
| NMLS Consumer Access | NMLS #1966158 ↗ (48 State MTLs) |
| New York NYDFS | Does not hold a NYDFS BitLicense (unavailable to New York residents). |
| FDIC / Cash Sweep | USD Fiat Wallet balances held at Metropolitan Commercial Bank / Green Dot Bank are eligible for pass-through FDIC insurance up to $250,000. Crypto assets are not FDIC insured. |
SEC, CFTC & State Regulatory Enforcement History
- 2025-03-27 (SEC): SEC formally closed its investigation into Crypto.com with zero enforcement action following Crypto.com's October 2024 Wells notice challenge. (Official Docket)
2. Simple App vs Pro Orderbook Cost Calculator
Simulate one-way execution cost + spread across trade sizes and funding rails.
| Fee Metric | Schedule | Scenario Benchmark | Round-Trip USD |
|---|---|---|---|
| ACH Deposit / Withdrawal | $0.00 / $0.00 | $100 Buy + Sell (Retail) | $4.40 |
| Fedwire Deposit / Withdrawal | $0.00 / $25.00 | $1,000 Buy + Sell (Retail) | $44.00 |
| Debit Card / Apple Pay | 2.99% | $1,000 Buy + Sell (Pro Tier) | $3.60 |
| $100/mo Recurring DCA (1 yr) | $52.80/yr | $10,000 Buy + Sell | $440.00 |
3. 51-Jurisdiction US Availability & Staking Restrictions Grid
Available in 49 US states + DC (unavailable in New York). Re-launched full institutional & retail Crypto.com Exchange US orderbook in Jan 2025.
4. CFPB Complaint Profile & Proof-of-Reserves
CFPB Recorded Complaints: 790 (3.52% of all 22,450 US virtual currency complaints under legal entity Foris DAX, Inc.).
Verified On-Chain Proof-of-Reserves / Bridge TVL: $2.34B tracked via DeFiLlama (Crypto-com).
Compare with category peers: Coinbase · Kraken · Gemini · Bitstamp US · Open Full Crypto.com US Legit & Safety Audit →
5. IRS Form 1099-DA Tax Reporting & US Product Capabilities
| Benchmark Parameter / Attribute | Verified 2026 US Provision & Specification |
|---|---|
| IRS Tax Forms Issued | 1099-DA, 1099-MISC, 1099-B, 8949-CSV |
| Default Cost Basis Method | FIFO |
| Tax API Integrations | Koinly, CoinTracker, CoinLedger, TokenTax |
| Self-Custody Withdrawal | Supported · Lightning: No |
| US Staking & Yield | 1.5% – 12.0% APY on 25+ PoS assets in eligible US states |
| CFTC Regulated Derivatives | Operates Crypto.com Derivatives North America (CDNA, formerly Nadex), a CFTC-regulated Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO). |
Who Should Choose vs. Who Should Avoid Crypto.com (2026 Decision Matrix)
2026 US Execution & Compliance Matrix| US Trader / Investor Profile | Who Should Choose (Optimal Use Case) | Who Should Avoid (Cost or Regulatory Friction) | Recommended Execution Protocol |
|---|---|---|---|
| Active Spot USD Traders ($1k–$50k) | Choose Traders in the 50 supported US states who route limit/market orders via Crypto.com Exchange US (launched Jan 2025: 0.08% maker / 0.18% taker VIP/Level 1) at $3.60 per $1k round-trip. | Avoid Traders clicking the default Retail Simple Buy button (0.00% + 220 bps = $44.00 per $1k). | Always toggle to a Pro Central Limit Order Book (Kraken Pro, Coinbase Advanced, or Gemini ActiveTrader) before executing. |
| New York & Restricted State Residents | Choose NY residents (Not eligible on this platform) and residents in 50/51 licensed states. | Avoid Residents of restricted jurisdictions (NY). | Use NYDFS BitLicense holders (Coinbase, Gemini, Robinhood, Bitstamp US, Cash App) if domiciled in New York. |
| Automated Recurring DCA Accumulators | Choose Long-term accumulators aware of the $52.80/year cost on $100/month recurring buys. | Avoid Buyers funding recurring purchases via Visa/Mastercard debit cards (2.99% card surcharge). | Fund via $0.00 Plaid ACH or use zero-fee recurring BTC DCA on River or Strike. |
| Self-Custody Hardware Wallet Users | Choose Investors who wait for the 3–7 business day ACH hold to clear before withdrawing (Supported) to Coldcard, Trezor, or Ledger. | Avoid Users needing same-day off-platform crypto withdrawal who deposit via standard ACH instead of same-day Fedwire. | Use incoming Fedwire ($0.00) for zero-hold same-day settlement and immediate self-custody withdrawal. |
Microstructure & Fee Architecture on Crypto.com (App & Exchange US): Operating in the United States as Foris DAX, Inc. & Crypto.com Derivatives North America (CDNA) (Tyler, TX (US HQ)), Crypto.com structures its retail and institutional pricing across distinct execution tiers. On the retail instant-buy interface, orders incur a 0.00% nominal fee plus an embedded principal spread averaging 220 basis points—resulting in a round-trip cost of $4.40 on $100, $44.00 on $1,000, and $440.00 on $10,000. By contrast, routing orders through Crypto.com Exchange US (launched Jan 2025: 0.08% maker / 0.18% taker VIP/Level 1) brings round-trip $1,000 execution down to $3.60.
US Banking Rails, Nacha ACH Holds & Fedwire Finality: Crypto.com charges $0.00 for Automated Clearing House (ACH) deposits and $0.00 for ACH withdrawals. While Plaid OAuth linking grants immediate trading credit, Nacha return risk rules (codes R01/R10) require a 3 to 7 business day clearing hold before purchased digital assets can be withdrawn on-chain. Institutional or high-net-worth traders requiring same-day settlement without withdrawal locks should utilize Fedwire ($0.00 deposit / $25.00 withdrawal).
50-State + DC Licensing & Custody Protection: Crypto.com maintains 48 state Money Transmitter Licenses (NMLS #1966158) and serves 50 of 51 US jurisdictions. Regarding fiat protection: USD Fiat Wallet balances held at Metropolitan Commercial Bank / Green Dot Bank are eligible for pass-through FDIC insurance up to $250,000. Crypto assets are not FDIC insured. Spot cryptocurrency balances are not covered by FDIC or SIPC insurance and rely on UCC Article 8 custodial segregation or direct self-custody withdrawal.
2026 IRS Form 1099-DA & Rev. Proc. 2024-28 Compliance: Under Treasury Decision 10000 (IRC §6045), Crypto.com issues 1099-DA, 1099-MISC, 1099-B, 8949-CSV for covered US digital asset dispositions using FIFO accounting. US taxpayers must reconcile wallet-by-wallet cost basis lots under IRS Revenue Procedure 2024-28 using supported tax APIs (Koinly, CoinTracker, CoinLedger, TokenTax).
Frequently Asked Questions (US Regulatory & Execution Reference)
VERIFIED Q&A PROTOCOLIs Crypto.com US legal in the United States and available in New York?
Crypto.com US (Foris DAX, Inc. & Crypto.com Derivatives North America (CDNA)) is available in 50 out of 51 US jurisdictions. In New York, it is currently restricted because it does not hold an active NYDFS BitLicense.
How much does it cost to buy $1,000 of Bitcoin on Crypto.com US?
On Crypto.com US, a $1,000 round-trip trade costs approximately $44.00 using the standard retail interface (0.00% fee + ~220 bps spread) vs $3.60 on its Crypto.com Exchange US (launched Jan 2025: 0.08% maker / 0.18% taker VIP/Level 1).
Does Crypto.com US issue IRS Form 1099-DA for 2026 crypto taxes?
Yes, Crypto.com US tax reporting outputs 1099-DA, 1099-MISC, 1099-B, 8949-CSV using FIFO and integrates with Koinly, CoinTracker, CoinLedger, TokenTax.
How does Crypto.com US US Review impact 2026 IRS Form 1099-DA and Rev. Proc. 2024-28 tax reporting?
For the 2026 tax year, regulated US digital asset brokers report gross proceeds and covered cost basis on IRS Form 1099-DA under IRC Section 6045. Taxpayers interacting with Crypto.com US US Review must maintain wallet-by-wallet (or account-by-account) cost-basis lot allocation under IRS Revenue Procedure 2024-28 and reconcile dispositions on Form 8949 and Schedule D.
What is the difference between Retail Instant Buy and Pro Orderbook execution for Crypto.com US US Review?
Across audited US platforms relevant to Crypto.com US US Review, standard retail 'Simple' or 'Instant Buy' widgets embed a 100 to 200 bps principal spread on top of a 0.99%–1.49% convenience fee (~$18–$29 per $1,000). Routing the exact same USD deposit through a Central Limit Order Book (CLOB) such as Kraken Pro, Coinbase Advanced, Gemini ActiveTrader, or Bitstamp US reduces total execution cost to 20–60 bps ($2.00–$6.00 per $1,000).
FinCEN / NMLS / Form 1099-DA Execution Checklist
Toggle each statutory & orderbook execution check before routing USD via ACH or Fedwire:
State MTL, BitLicense & Fee Schedule Alert Wire
Receive deterministic alerts when a US exchange changes Maker/Taker fees, NMLS state coverage, or 1099-DA reporting: