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Crypto Purchase

How do I purchase crypto in Crypto.com Onchain?

Updated this week

Crypto.com Onchain users can now conveniently purchase cryptocurrency via two different methods:

  1. Crypto.com App

  2. Crypto.com Pay

How do I purchase cryptocurrency in Crypto.com Onchain through the Crypto.com App?

The Buy Crypto feature in Crypto.com Onchain is powered by the Crypto.com App. This provides you with an easy and convenient way to purchase all your favorite tokens directly in your Onchain wallet.

Follow the steps below to make your first purchase:

  1. Launch Crypto.com Onchain and tap on the Trade button from either your discover or asset page and select Buy. Or otherwise select Buy from your assets page.

  2. Select the token you’d like to purchase out of the 1,000+ available choices.

  3. Confirm that you’re checking out via the Crypto.com App. Before proceeding, ensure that the App is linked to a credit card, or there are sufficient funds in the App’s Fiat Wallet.

  4. Link Onchain to the App by tapping Connect, and you will be redirected to a link to do so. Proceed to Step 5 if you have already linked your wallet to your App.

  5. Select your preferred blockchain and enter the amount you’d like to purchase.

  6. Once you’re ready, tap Next.

  7. Review your transaction details and tap Confirm Purchase.

  8. The transaction will proceed and your newly purchased tokens will be automatically deposited into Onchain once it is complete.

  9. You can check the status of your transaction by tapping on the Transaction History icon at the top right corner in the Buy Crypto page.

1. Select Buy from the Trading hub or from your assets page

2. Select the token you’d like to purchase

3. Select your preferred blockchain (if available) and enter the amount you’d like to purchase

4. Tap Next

5. Confirm your purchase

6. Enter your Crypto.com App passcode

7. Your purchase is complete

How do I purchase cryptocurrency in Crypto.com Onchain using Crypto.com Pay?

Crypto.com Onchain now supports Crypto.com Pay.

Follow the steps below to make your first purchase:

  1. Launch Crypto.com Onchain and tap on the Trade button from either your discover or asset page and select Buy. Or otherwise select Buy from your assets page.

  2. Select the token you’d like to purchase out of the 1,000+ available choices.

  3. Confirm that you’re checking out via Crypto.com Pay .

  4. Select your preferred blockchain and enter the amount you’d like to purchase.

  5. Once you’re ready, tap Next.

  6. You will be redirected to Crypto.com Pay to review and complete your transaction.

  7. For more information, please refer to this page.

Buy Tokens That Are Not Listed on Crypto.com App

At Crypto.com Onchain Wallet, we empower you to access a wide range of tokens across various blockchains, even those not listed on centralized exchanges like the Crypto.com App. Our wallet provides a seamless way to purchase these tokens using fiat currency, leveraging the power of decentralized finance (DeFi).

How It Works

  1. Fiat to Native Coin Purchase: When you want to buy a token not listed on the Crypto.com App, you start by purchasing the native coin of the blockchain that supports your desired token (e.g., ETH for Ethereum, SOL for Solana, etc.). This is done through our current fiat on-ramp channels, who facilitate the conversion of your fiat currency (like USD, EUR, etc.) into the native coin.

  2. Native Swap in the Wallet: Once you have the native coin in your self-custody wallet, you can use our integrated native swap feature. This feature connects to decentralized exchanges (DEXs). The feature finds the best available price for swapping your native coin into the desired token by routing the trade through one or more DEXs.

  3. Confirming the Swap: You’ll be guided to review and confirm the swap transaction directly in the wallet. This transaction is submitted to the blockchain, where it interacts with the DEX’s smart contracts to complete the swap. Once confirmed on-chain, the new token appears in your wallet.

What’s Happening Behind the Scenes?

Crypto.com Onchain Wallet is not an exchange. It’s a self-custody blockchain wallet that enables you to interact directly with DeFi protocols. Here’s a breakdown of the process:

  • Self-Custody Wallet: You control your private keys and assets at all times. We do not hold or manage your funds.

  • Fiat On-Ramp: Our onramp channels handle the fiat-to-crypto conversion, ensuring compliance with local regulations. These partners are responsible for processing your fiat payment and delivering the native coin to your wallet.

  • DEX Integration: Our native swap feature integrated multiple DEXs. This feature optimizes your trade by finding the best price across various liquidity pools, ensuring efficiency and transparency.

  • Blockchain Interaction: When you confirm a swap, your wallet submits the transaction to the blockchain. The transaction interacts with the DEX’s smart contracts, which execute the swap. This process is entirely on-chain, transparent, and independent of Crypto.com Onchain Wallet.

Important Notes

  • Onramp: The fiat-to-crypto conversion is handled by regulated providers. Please review their terms and conditions before proceeding.

  • Blockchain Fees: Swaps on DEXs require gas fees, which vary depending on the blockchain’s network conditions.

  • Price Volatility: Token prices on DEXs can fluctuate rapidly. The price you see when initiating a swap may differ slightly by the time the transaction is confirmed on-chain.

  • Regulatory Compliance: Crypto.com Onchain Wallet does not facilitate the trading of tokens directly. We provide tools for you to interact with DeFi protocols, and you are responsible for ensuring compliance with local laws and regulations.

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