Crypto.com Returns to US Market, What It Means for Traders
In a landmark development for cryptocurrency trading, Crypto.com has announced its highly anticipated return to the US market, bringing US traders a powerful new platform for digital asset trading. The move by Crypto.com comes as particularly welcome news for US Cryptohopper users, who can now leverage Cryptohopper’s automated trading activities. This strategic expansion by Crypto.com arrives during a period of record-breaking Spot trading volumes ( $153 billion in October), cementing its position as a major player in the US digital asset landscape.
Crypto.com: Expanding Opportunities for US Traders
Crypto.com’s return to the United States market brings several significant advantages for American crypto enthusiasts:
Extensive Token Selection: With over 378 available cryptocurrencies, Crypto.com now offers US traders one of the market's most comprehensive token selections, substantially surpassing competitors Coinbase and Kraken.
Extra Trading Options: Cryptohopper users gain access to a fourth major exchange option alongside existing integrations with Coinbase, Kraken, and Binance US.
Institutional Development: Despite previously suspending its US institutional services, Crypto.com has maintained a strong retail presence while adapting to market demands.
Crypto.com’s Strategic Growth and Regulatory Compliance
Crypto.com's commitment to the US market is evident through several key developments:
Watchdog Capital Acquisition: The platform recently acquired SEC-registered broker-dealer Watchdog Capital, enabling future expansion into stocks and equity options trading for US customers.
Regulatory Engagement: While challenging regulatory overreach through a lawsuit against the SEC, Crypto.com maintains its dedication to operating within a clear regulatory framework.
Global Recognition: The platform secured an exclusive UEFA Champions League partnership, contributing to its impressive growth to over 100 million users worldwide.
Proof of Reserves: all customer assets held at Crypto.com are fully backed (1:1) safely stored and available for redemption at clients convenience.
Benefits for Cryptohopper Users
The integration of Crypto.com with Cryptohopper's automated trading platform offers United States traders several advantages:
Access to one of the largest cryptocurrency selections available to US traders
Improved liquidity through Crypto.com's substantial trading volumes
Seamless integration with Cryptohopper's advanced automated trading features
Additional competitive exchange options in the US cryptocurrency exchange market
How to trade automatically on Crypto.com
To trade automatically on Crypto.com, please follow these steps:
Create an account on Crypto.com
Create a Cryptohopper account
Select Crypto.com in the onboarding flow of Cryptohopper
Click on Fast Connect and login with your Crypto.com account
Select the account or subaccount of Crypto.com you want to use for trading
Start trading automatically
Looking Ahead
For US cryptocurrency traders, particularly those using Cryptohopper's automated trading solutions, Crypto.com return represents a significant expansion of available trading options. With its robust security measures, extensive token selection, and commitment to regulatory compliance, the platform is well-positioned to serve the growing demands of the US digital asset market.
The combination of Crypto.com comprehensive trading infrastructure and Cryptohopper's automated trading capabilities creates a powerful toolkit for US traders looking to optimize their cryptocurrency trading strategies. The return of Crypto.com signals a new chapter in the accessibility and sophistication of digital asset trading in the US. For detailed information about connecting your Crypto.com account with Cryptohopper's automated trading platform with Fast Connect, visit the Cryptohopper's Knowlegde Base.