Crypto.com App vs. Exchange | What Are The Differences? | Beginner’s Guide

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  • Опубликовано: 11 сен 2024

Комментарии • 76

  • @davidkelly1507
    @davidkelly1507 2 года назад +5

    This was a great video for a fellow newbie, I can't believe there isn't another short concise video that explains it in this way!

    • @baixu
      @baixu  2 года назад +3

      That’s great to hear! I’m very happy this was helpful 🙌

  • @bettyboo1930
    @bettyboo1930 2 года назад +5

    Thank you and very helpful indeed. I’ve been putting off using the exchange, but you’ve made see how straight forward and cost effective it is to use both platforms. I’ll give it a go. Thanks 👍🏻👍🏻

    • @baixu
      @baixu  2 года назад

      Happy that it was useful! :D

  • @TimHarrisVideo
    @TimHarrisVideo 4 месяца назад

    Absolutely great video. I was getting no help from the crypto support staff about where I was losing ~2% of my money using the app. I will definitely start using the exchange now.

  • @EatsFancyFeast
    @EatsFancyFeast Месяц назад

    very well explained. thank you !

  • @BKLevi
    @BKLevi 6 месяцев назад

    Old learning from the young.. Thank You.. very helpful and lots of clarity.

  • @aelitacher5880
    @aelitacher5880 Год назад +1

    Thank you for this plan and simple explanation

  • @baixu
    @baixu  2 года назад +7

    NOV 2022 UPDATE: I MOVED ALL TOKENS OFF EXCHANGES TO A SELF-CUSTODY WALLET.
    NOT YOUR KEYS, NOT YOUR COINS.
    TIMESTAMPS:
    0:00 | Intro
    0:30 | What is crypto.com?
    0:47 | Signing up to both platforms
    1:00 | Biggest differences between the two platforms
    1:42 | How to access these platforms?
    2:04 | How to buy?
    2:39 | Why use Exchange?
    3:51 | How to trade on the Exchange?
    4:10 | Platform fees
    4:39 | Comparing BTC price on Coinbase vs. crypto.com
    5:00 | Exchange trading fees
    6:16 | Which platforms to use?
    6:23 | How I use the two platforms together
    GET YOUR OWN CRYPTO.COM CARD:
    Use my referral link crypto.com/app/fmb5sqrebe to sign up for Crypto.com and we both get $25 USD :)
    Referral code: fmb5sqrebe
    SIGN UP TO CRYPTO EXCHANGE:
    crypto.com/exch/629y92d3hw
    Referral code: 629y92d3hw
    Sign up for COINBASE using my link and we can each get €8.86 in Bitcoin :)
    www.coinbase.com/join/bai_ah?src=ios-link

  • @MarcoBiancardi11
    @MarcoBiancardi11 2 года назад

    Your video came at the right time as I was getting ready to use the 2 platforms. Thanks for the time you put into it. PS: You are beautiful ❤

    • @baixu
      @baixu  2 года назад

      Thank you Marco!

  • @StanwoodSpartans
    @StanwoodSpartans 10 месяцев назад +1

    Best explanation out there

    • @baixu
      @baixu  10 месяцев назад

      Glad you think so!

  • @rhiggins0868
    @rhiggins0868 2 года назад +1

    You explained this very well! Great job! Thank you so much.

    • @baixu
      @baixu  2 года назад

      You’re so welcome!!! 😊

  • @wolesofttechnologiesltd9688
    @wolesofttechnologiesltd9688 2 года назад +2

    Great video! Very helpful, thanks!

    • @baixu
      @baixu  2 года назад

      Thank you, I’m happy it was useful!😊

  • @KingdomMediaProduction
    @KingdomMediaProduction 2 года назад

    Great video - well done. So nice to find someone who is not on another planet. As you can guess, I'm a newbie 🙂

    • @baixu
      @baixu  2 года назад

      You’re so so welcome! 😊haha everyone’s a newbie in the beginning ❤️

  • @shalinialjapur505
    @shalinialjapur505 4 месяца назад

    This was really so helpful. Thank you 😊

  • @lkochapa6599
    @lkochapa6599 6 месяцев назад +1

    Great explanation 👏👏👏

  • @NeilSalumbides09
    @NeilSalumbides09 2 года назад +1

    Thanks for sharing this 😊 very helpful!

    • @baixu
      @baixu  2 года назад

      You're so welcome!

  • @oceanaxim
    @oceanaxim 2 года назад +1

    Thank you so much for this! You a a little ahead of me in understanding crypto apps and I am following you closely. I understood that there are lower fees and better interest rates on the exchange, but always wondered if there was a more compelling reason to use the exchange. Now what gave me pause is that if, or when you decide to unstake or cash out on the exchange app it is not that liquid and it can take a few weeks to get your money?

    • @baixu
      @baixu  2 года назад +1

      Hey Brian, thank you for your comment! Good to know this information is useful to people :D
      "if, or when you decide to unstake or cash out on the exchange app it is not that liquid and it can take a few weeks to get your money?" -> TBH, I don't have any personal experience of this to share right now. When I withdraw coins from exchange to the app, it is immediate so that is not an issue, but I have not tried to cash out yet. Will get back to you when this happens in the future!

  • @TheGreatMishas
    @TheGreatMishas 2 года назад

    Hey awesome vid i was basically doing the same as you! Just need 1500 more cro to stake it and lower the fees even more😁 subbed😉

    • @baixu
      @baixu  2 года назад

      Nice to know! And thank you for the support ☺️

  • @leonwaidner6173
    @leonwaidner6173 2 года назад

    Nice Video! User the link and am trying the exchange now :)

  • @thedirectoroftrades6797
    @thedirectoroftrades6797 Год назад

    I guess I'm going to join all the newbies, thanks for your help

  • @hallelujahhosanna4144
    @hallelujahhosanna4144 2 года назад +1

    Beautiful

  • @leastofthese2684
    @leastofthese2684 Год назад

    Wow! I'm impressed because you are beautiful and a breath of fresh air. You relay your information in a way that is relatable to someone like me. Thank you!! 👍👍😊😊😊😊😊😊😊

    • @baixu
      @baixu  Год назад

      😊Happy to help!

  • @Mannie...
    @Mannie... 8 месяцев назад

    That Smile doesn't justify you being level 1 only 😂

    • @deverian
      @deverian 8 месяцев назад

      Everyone starts somewhere 🤦‍♂️

  • @cocococ117
    @cocococ117 2 года назад +1

    THANK U

    • @baixu
      @baixu  2 года назад

      You’re welcome ☺️

  • @rauliciii
    @rauliciii 2 года назад

    this was wonderful. Thanks

    • @baixu
      @baixu  2 года назад

      You’re welcome!

  • @Zero-Investing
    @Zero-Investing 5 месяцев назад

    Great video 👌

    • @baixu
      @baixu  5 месяцев назад

      Thanks 👍

  • @DeeZzoW
    @DeeZzoW 2 года назад

    Great video!

    • @baixu
      @baixu  2 года назад

      Thank you 😊

  • @kimgaugemusic
    @kimgaugemusic 2 года назад

    Great video! Why do you think it is that your balance in the app doesn't immediately show up in the exchange? Seems to me a very convoluted approach to using the exchange.

    • @baixu
      @baixu  2 года назад

      TY!
      You mean why I have to send it to the exchange from the normal app, and it doesn’t automatically show? 🤷🏻‍♀️ I also am not sure.

    • @kimgaugemusic
      @kimgaugemusic 2 года назад

      @@baixu I mean why do they force us to by USDC or some other token before we can transact on the exchange? I have fiat in the app on my phone that doesn't show up in my wallet using the exchange on the PC. It's like to separate programs that don't communicate with each other. By comparison, my brokerage account shows me the same balance in both the app and the desktop exchange.

    • @baixu
      @baixu  2 года назад

      That’s a good question, I also wish they wouldn’t. It’s an extra step. If you’re changing from dollar to USDT/USDC the value remains the same, but I’m not sure if a % gets lost when converting from euro.

  • @richan221
    @richan221 Год назад

    Not in the U.S yet I'm waiting

  • @nomad5454
    @nomad5454 2 года назад +1

    if i have the app and wanna use exchange on desktop do i need to make anew account?

    • @baixu
      @baixu  2 года назад

      The app and exchange requires separate accounts, so you need to sign up again!

  • @hansouth2355
    @hansouth2355 9 месяцев назад

    so do i have to withdraw the fiat currency i sent to the desk top exchange and convert it on the app and then sent it to desk top exchange to buy and sell

  • @Ghostintheshell3551
    @Ghostintheshell3551 Год назад +1

    I just go on Kraken .....

    • @linkhawk5509
      @linkhawk5509 2 месяца назад

      Kraken doesn't have Casper.

  • @anglonig1
    @anglonig1 5 месяцев назад

    So I cant just have the mobile app, I have to have both.

    • @baixu
      @baixu  5 месяцев назад

      That was the case when I made this video, not sure if anything has changed since 🤔

  • @kashford9864
    @kashford9864 2 года назад +1

    You are so beautiful 😍 and very wise and witty

    • @baixu
      @baixu  2 года назад

      You’re too kind! 🙈

  • @xlordmvx
    @xlordmvx 2 года назад

    Well - this is gonna be fun to put into Cointracking LOL

    • @baixu
      @baixu  2 года назад

      Haha, do you dabble in defi at all? I might explore that in the future 😂 guess it will be another complication on top

    • @xlordmvx
      @xlordmvx 2 года назад

      @@baixu I mean everybody has to pay taxes - so it might be smart to track everything down now 😅 Because in Germany where I live I have to pay yearly taxes on Staking, Lending etc. even when I dont sell my coins 🙄

    • @kaitarok
      @kaitarok 2 года назад

      @@xlordmvx year just….dont sell your Coins ;)

  • @JohnathanHoehaver
    @JohnathanHoehaver 6 месяцев назад

    It's a few years later, how's it going 🥴

    • @baixu
      @baixu  6 месяцев назад

      It’s going ok! Held onto my crypto and never sold 😁

  • @metatron.z8679
    @metatron.z8679 2 года назад

    I used your referral code.

    • @baixu
      @baixu  2 года назад

      Amazing! Thank you for supporting my work 😄

  • @richan221
    @richan221 Год назад

    Can I sign up using NordVPN, residence in U.S

    • @baixu
      @baixu  Год назад

      hi Ricky, I think you can using a VPN, don't see why not?

  • @ddddaaddaaaa
    @ddddaaddaaaa Год назад

    you look gorgeous.

  • @komsel.education
    @komsel.education 3 месяца назад

    ء

  • @JohnathanHoehaver
    @JohnathanHoehaver 6 месяцев назад

    My god, you're gorgeous.

  • @tinorasoloniaina2102
    @tinorasoloniaina2102 Год назад

    Thanks for your advice🫡