Crypto.com vs Binance: Fees, Coins, Safety Comparison

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Both Binance and Crypto.com are among the top crypto exchanges for traders, offering hundreds of tokens, comprehensive charting options, and flexibility for global traders. In addition, the platforms are similar in many ways as they share certain features and have comparable commission fees.

Traders Union experts compared the exchanges using 11 criteria to help traders make the right choice for their trading needs. We also gave each platform an overall rating based on their respective performance in our analyzed parameters.

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Crypto.com vs. Binance: Ranking

Below, we go into a detailed Crypto.com vs Binance comparison to help you choose between the two platforms. Since Binance operates as a separate legal entity and has specific additional rules in the US, we have made extra columns for the exchange in some blocks.

Feature Crypto.com Binance Binance US

Overall

4.3

4.7

4.3

Regulation

3.5

3.1

3.1

Fees

4.2

4.8

4.8

Trading Assets

4.7

5

3.7

Investment Instruments

3.7

4.7

4.7

Platforms and Charting Tools

4.4

4.9

4.9

Margin Rates

4.5

4.5

4.5

Deposit and Withdrawal

3.0

4.7

4

Research

4.4

4.6

4.6

Education

3.8

4.8

4.8

Support

4.0

4.8

3.5

Promo

4.5

4.2

2

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Crypto.com vs. Binance (Binance US): A Brief Introduction

Crypto.com is a crypto exchange where traders can invest, trade, and stake cryptocurrencies. The platform also has an NFT market and other notable features. Allowing users to trade over 200 cryptocurrencies, the platform has reasonable commission fees and offers discounts to traders who hold a significant share of the native token called CRO.

Likewise, Binance is a cryptocurrency exchange supporting multiple commonly traded tokens, such as Bitcoin. Besides being an exchange, the platform also has a wallet for traders where users can store their funds. Additionally, Binance offers interest-earning services to its users to make extra crypto through staking.

Crypto.com and Binance Pros and Cons

Crypto.com Binance Binance US
Overall Pros

2 FA Authentication

Trading With Leverage up to 1:100

Low fees compared to Crypto.com and Coinbase

Low Minimum Deposit

Low Trading and Non-Trading Fees

Strong OTC portal, best for P2P trading

Passive Income With Staking

10 + Account Fiat Currencies + 50 Crypto

Low fees compared to Crypto.com and Coinbase

Wide choice of markets

Derivatives, NFT, ETF are Available

Max Leverage – 1:10

Indicators are Available

Derivatives, NFTs are Available

Passive Income With Staking and Mining Pool

Strong Research

Overall Cons

Uncertain regulation in the US

No tier-1 regulation

Limited trading assets compared to Binance International

High derivatives trading fees

No Promo

Not allowed in 6 US states (New York, Texas, Louisiana, Hawaii, Idaho, Vermont)

Debit Card purchase is not allowed

Crypto.com vs Binance: Safety and Regulation

One factor that makes Binance truly decentralized is that any financial or government authority has not regulated it. Similarly, Crypto.com is also not regulated by any known monetary authority, such as FINRA or SEC.

However, the platform has the Electronic Money Institution license from the Malta Financial Services Authority. The Malta Financial Services Authority is responsible for supervising banking, investment services, insurance, and collective investment schemes in Malta. The Authority is also responsible for registering pension schemes and the licensing and supervision of trustees.

The Malta Financial Services Authority (MFSA) is the single regulator of financial services in Malta. The Electronic Money Institution license from the Authority is one of the most popular virtual currency licenses in Europe.

Regulated By: Crypto.com Binance

SEC

No

No

FINRA

No

No

SIPC Protection

No

No

Other Regulators

Electronic Money Institution (EMI) License from the Malta Financial Services Authority (MFSA)

Not Regulated

Binance vs Crypto.com: Trading Conditions

The trading conditions on a cryptocurrency exchange include the trading platforms, minimum deposit, leverage, number of supported markets, base account currencies, etc. Crypto.com has a lower minimum deposit compared to Binance, which means traders can get started with merely a dollar.

Meanwhile, both platforms are available on mobile devices and the web. They also offer 1:10 leverage, which means that traders can control $10 worth of digital assets for every dollar in their account.

The main difference lies in the number of markets supported by each exchange. Crypto.com supports fewer markets as compared to Binance. Moreover, the platform has fewer coins for you to trade.

Another feature that makes Binance a better choice is the flexibility of using fiat currencies as a base currency. Meanwhile, Crypto.com only allows crypto as a base account currency.

Trading Conditions Crypto.com Binance Binance US

Minimum Deposit

$1

$10

$10

Trading Platforms

Web, Mobile, Mobile Pro

Web, Mobile, Desktop

Web, Mobile, Desktop

Leverage (Spot)

1:10

1:10

1:10

Number of Markets

390

1,358

191

Number of coins

200

395

85

Number of Trading Accounts

1

1

1

Base Account Currencies

AUD, CAD, EUR, GBP, USD, BRL + Cryptocurrencies

USD, EUR, GBP +10 fiat currencies, 50+ Cryptocurrencies

USD + Crypto

Crypto.com vs Binance: Trading Assets

Having a comprehensive selection of trading assets on a crypto exchange is necessary for active traders who want to have a wide variety of options. In addition, the ability to trade multiple cryptocurrencies against each other on the same platform is also an important feature that can attract new users and keep existing ones engaged.

Both Crypto.com and Binance support top tokens, such as Bitcoin, Litecoin, Polkadot, Cardano, and Binance Coin. However, Binance has more options for traders who want to buy or sell lesser-known coins.

Asset Name Crypto.com Binance Binance US

Bitcoin (BTC)

Yes

Yes

Yes

Litecoin (LTC)

Yes

Yes

Yes

Dogecoin (DOGE)

Yes

Yes

Yes

Binance Coin (BNB)

Yes

Yes

Yes

Uniswap (UNI)

Yes

Yes

Yes

Ripple (XRP)

For non US Users

Yes

No

Polkadot (DOT)

Yes

Yes

Yes

Cardano (ADA)

Yes

Yes

Yes

Stellar (XLM)

Yes

Yes

Yes

IOTA (MIOTA)

Yes

Yes

Yes

Tron (TRX)

Yes

Yes

Yes

Futures

Yes

Yes

No

NFT

Yes

Yes

Yes

DeFi Tokens

Yes

Yes

Yes

Crypto.com Fees vs Binance Fees

When deciding which crypto exchange to trade on, you must consider the fees too. Keep in mind that these platforms don't only have trading fees.

Apart from that, non-trading fees include deposit and withdrawal fees and conversion fees. These fees apply to your transaction based on its volume and the currency you trade.

Trading Fees

The trading fees are commission fees you pay a platform for executing a trade. The fee is a certain percentage of your transaction. For instance, if you make a $10 transaction and the trading fee is 0.1%, you'll have to pay $0.01 to the platform.

The trading fees on most platforms are generally pretty low, but they can add up if you're making a lot of trades. That's why it's essential to consider the fees when choosing a platform.

In a Crypto.com fees vs Binance comparison, it's easy to see that Binance has lower trading fees. While Crypto.com has a 0.4% fee on each trade, Binance only charges 0.1%. You'll have to pay $0.04 in fees to Crypto.com if you make a $10 trade.

Fee Crypto.com Binance Binance US

Max Maker

0.4%

0.1%

0.1%

Max Taker

0.4%

0.1%

0.1%

Min Maker

0.04%

0.012%

0.012%

Min Taker

0.1%

0.024%

0.024%

Debit/Credit Card Purchase Fee

No allowed

1%

Debit card Purchase isn’t allowed, debit card transfer 4.5%

Futures Trading Fees

Futures trading is an option on many crypto exchanges, allowing traders to speculate on the direction of a given cryptocurrency's price. Futures contracts have been available for other assets for quite some time, but only recently have they become available for cryptocurrencies.

Futures contracts are agreements to buy or sell an asset later at a predetermined price. Like regular trading fees, the futures trading fees are higher on Crypto.com than on Binance.

Comparing Crypto.com fees vs Binance, the latter is cheaper for regular and futures trading. It also has a minimum taker fee of 0%, while on Crypto.com, the minimum fee is 0.015%.

Fee Crypto.com Binance Binance US

Max Maker

0.05%

0.02%

Futures Trading is not allowed

Max Taker

0.07%

0.04%

Min Maker

0%

0%

Min Taker

0.015%

0%

Non-Trading Fees

It's also important to know about the non-trading fees of a crypto exchange platform since they are a part of your trading charges. For example, Binance and Crypto.com do not have any deposit or account fees.

Fee Crypto.com Binance Binance US

Account Fee

0%

0%

0%

Deposit Fee

0%

0%

0%

Bank Transfer Withdrawal Fee

0%

1.5 USD

15 USD per transaction

Debit/Credit Card Withdrawal Fee

0% - crypto.com debit card, 2.99% - credit card

1%

Not Allowed

Inactivity Fee

0%

0%

0%

Crypto.com vs Binance: Margin Rates

The margin rates on a crypto exchange platform refer to the percentage of the total value of a position that a trader must have in their account to open the position. Some platforms have a tiered margin rate, depending on the margin loan amount.

The purpose of setting margin rates is to ensure that traders have enough funds to cover any potential losses in their positions. For example, if the price of an asset moves against a trader's position, the position's value can quickly decline. If the trader does not have enough funds to cover the loss, the exchange platform will close out the position to prevent further losses.

The margin rates for BTC and USDT are the same on Crypto.com. Meanwhile, Binance charges annual margins rates.

Feature Crypto.com Binance

BTC (changing)

21.9% yearly without CRO stake, 2.9% - with max CRO stake

3.6% yearly

USDT

21.9% yearly without CRO stake, 2.9% - with max CRO stake

7.3% yearly

Crypto.com or Binance: Passive Income Tools

As mentioned earlier, both Binance and Crypto.com allow traders to earn interest by staking their assets. Additionally, Binance also has a mining pool that traders can participate in to earn rewards.

Binance's mining pool is one of the most popular pools in the industry, and it has a good reputation for being stable and profitable. Meanwhile, both platforms lack managed accounts or PAMM.

Investment Tools Name Crypto.com Binance

Staking

Yes

Yes

Mining Pool

No

Yes

Managed Accounts

No

No

MAM/PAMM

No

No

Other

No

No

Best Trading Platform: Crypto.com or Binance

Typically, crypto exchanges have trading platforms on mobile apps and web versions. The mobile apps are ideal for traders who want to trade on the go. The web versions are suitable for those who wish to trade from their homes or offices.

Crypto.com has a mobile app for Android and iOS users. It also has a web version but lacks a desktop app. Meanwhile, Binance has a desktop app, a web version, and a mobile app.

Crypto.com Binance

Web

Yes

Yes

Desktop

No

Yes

Mobile (Android, iOS)

Yes

Yes

Trading Platforms Features

Some features to look for in a trading platform include a search bar, filters, and two-factor authentication.

Here's how these features will help you in trading:

  • Search Bar: The search bar allows you to quickly and easily find the traded asset you are looking for.

  • Filters: Filters help you sort assets according to various criteria like price, risk, reward, etc. That makes it easier for you to find the right token to trade.

  • Two-factor authentication: Two-factor authentication adds an extra layer of security to your trades. Look for platforms that offer app-based, voice call, and SMS-based 2 FA for ultimate convenience. While Crypto.com has all these authentication features, Binance lacks voice call 2 FA.

Crypto.com Binance

SMS Based 2 FA

Yes

Yes

App Based 2 FA

Yes

Yes

Voice Call 2 FA

Yes

No

Search Bar

Yes

Yes

Filters

Yes

Yes

Technical Analysis/Charting Tools

Charting tools and technical analysis features in a cryptocurrency exchange allow you to predict price movements and take advantage of market opportunities. For instance, drawing tools help you spot trends, while indicators like moving averages can be used to identify support and resistance levels.

Both Crypto.com and Binance have certain technical analysis features. These include historical trades, drawing tools, and indicators.

Crypto.com Binance

Indicators

Yes

Yes

Drawing Tools

Yes

Yes

Historical Trades

Yes

Yes

Live 2 Quotes

No

No

Mobile Trading

Both Crypto.com and Binance have iOS and Android versions of their mobile apps. But both of them are unavailable on Apple Watch. You can add more security to your trades by activating touch ID or Face ID on both apps.

Features Crypto.com Binance

iOS Version

Yes

Yes

Android Version

Yes

Yes

Apple Watch App

No

No

Touch ID

Yes

Yes

Face ID

Yes

Yes

Types of Orders

In a Crypto.com vs Binance comparison concerning order type, both platforms are a match for each other. They offer the market, limit, stop limit, and stop-loss orders. However, Crypto.com does not support trailing stop orders like Binance.

Crypto.com Binance

Market

Yes

Yes

Limit

Yes

Yes

Stop Loss

Yes

Yes

Stop Limit

Yes

Yes

Trailing Stop

No

Yes

Binance vs Crypto.com: Deposit and Withdrawal

Both platforms allow bank transfers and crypto withdrawals. However, you can only use your credit or debit card on Binance's global version. The feature is unavailable on Binance US and Crypto.com. Moreover, Crypto.com does not allow deposits and withdrawals to electronic wallets, while Binance has this feature for traders.

How to withdraw from Binance?
Deposit and Withdrawal Method Crypto.com Binance Binanc US

Bank Transfer

Yes

Yes

Yes

Credit/Debit Card

No

Yes

No

Electronic Wallets

No

Yes

No

Crypto

Yes

Yes

Yes

Binance vs Crypto.com: Research

When it comes to research, Binance and Crypto.com are comparable. The platforms have fundamental data, news feeds, and chart analysis features. However, Crypto.com does not generate email reports like Binance. Plus, you won’t get trading ideas from either of the platforms.

Research Type Crypto.com Binance

News Feed

Yes

Yes

Fundamental Data

Yes

Yes

Chart Analysis

Yes

Yes

Trading Ideas

No

No

E-Mail Reports

No

Yes

Crypto.com vs Binance: Education

Both platforms have educational resources, such as videos, webinars, and articles. In addition, Binance also has courses related to cryptocurrency and DeFi. Meanwhile, a demo account is unavailable on both platforms.

Education Type Crypto.com Binance

Demo-account/Paper Trading

No

No

Courses

No

Yes

Articles

Yes

Yes

Videos

Yes

Yes

Webinars

No

Yes

Books

No

No

Crypto.com vs Binance: Support

Customer support is an integral feature of a good cryptocurrency exchange. Binance and Crypto.com have email and online chat support for traders. While Crypto.com does not offer phone support, Binance has phone and Telegram support. Meanwhile, Binance US only has email support. The support teams are available 24/7 on all platforms.

Support Features Crypto.com Binance Binance US

Working Days

24/7

24/7

24/7

E-mail

Yes

Yes

Yes

Phone

No

Yes

No

Online chat

Yes

Yes

No

Other

No

Telegram

No

Binance vs Crypto.com: Promo

Crypto.com and Binance have bonuses for new traders. On Binance, you get a bonus upon registration, while Crypto.com gives you a bonus when you make your first deposit. Both platforms also have referral programs. You can earn a percentage of commission fees by referring the platforms to your friends and family.

Promo Crypto.com Binance

Special Offers

Deposit Bonus

Registration Bonus

Referral Program

Yes

Yes

Crypto.com or Binance: Which is Better in 2024?

Both trading platforms are pretty similar in many respects, such as commission fees, trading assets, trading platforms, security, and regulation. However, Binance is a comparatively better option due to a few reasons.

For one, it has lower trading and non-trading fees than Crypto.com. It also allows credit card and debit card transfer withdrawals. More importantly, Binance has mining pools as additional sources of passive income. The platform also supports more markets and has a larger number of tokens available for trading.

Crypto.com vs Binance US: Which is Better in 2024?

Although Binance is a better option, on the whole, Binance US lacks some features of the platform’s global version. For instance, you don’t get as many support options. Plus, there are fewer cryptocurrencies for trading.

Crypto.com is a better option than Binance US if you want access to more markets, better security, and more trading markets.

Crypto.com vs Binance Fees - How Do They Compare?

The trading fees on Binance are much lower than on Crypto.com. Binance’s futures trading fees are also lower than that of Crypto.com. More importantly, the minimum take fee on Binance is 0% compared to 0.015% on Crypto.com.

As for non-trading fees, both platforms don’t charge deposit fees. Plus, there’s no account registration fee. However, Binance charges a $1.5 bank transfer withdrawal fee, while Crypto.com does not have any fee. So overall, Binance has a more trader-friendly fee structure than Crypto.com.

Binance vs Crypto.com Safety

Since both Crypto.com and Binance are decentralized exchanges, there is no regulation by a government body. Therefore, traders have to be cautious rather than rely on the platform for safety.

Both platforms have two-factor authentication to add an extra security layer to trades. In addition, if you’re using mobile apps, you can use Touch and Face ID to ensure security.

Binance vs Crypto.com - Which Is Better For Day Trading?

Binance is a better option for day trading since it supports more cryptocurrencies, giving traders flexibility during trading. Plus, the platform has courses traders can take to learn day trading. Most importantly, the lower fees mean traders can initiate many trades without incurring hefty costs.

Binance vs Crypto.com - Available Cryptocurrencies

You can trade over 390 cryptocurrencies on Binance compared to just 186 on Crypto.com. Moreover, Binance gives traders access to 1,358 markets, while Crypto.com only supports 169 markets. Therefore, Binance is a better option for traders who need maximum flexibility.

Binance vs Crypto.com - Which is Best for Margin Trading?

Margin trading is suitable for traders who are willing to take on more risk to gain a larger potential return. If done correctly, it can be a very profitable strategy.

On Crypto.com, you can borrow virtual assets to trade them on the spot market. However, you have to be eligible for margin trading to open a position larger than your account balance.

Binance also has margin trading options, allowing traders to borrow funds from third-party suppliers to enter large positions and maximize returns. But, again, you must be eligible for it. Since Binance has higher maximum leverage than Crypto.com, it’s better for margin trading. Thus, it’s the winner in the Binance vs Crypto.com margin trading comparison.

Top 5 Reviews on Crypto.com

  • Crypto.com

    charukah

    19.02.2024

    Comment

    Crypto.com has a lack of transparency regarding certain features and promotions, leading to confusion and mistrust among clients. Crypto.com may offer some attractive features and services, but these problems with customer support, fee transparency, and communication detract from its appeal as a crypto exchange.

  • Crypto.com

    shakilbfl

    29.08.2021

    Comment

    In the course of my activity as an investor and financier, I came across different crypto exchanges. They have become very popular during the past three years. I have an account with the Crypto.com exchange. There are many advantages and disadvantages. In terms of cryptocurrency trading, there are companies with better conditions. In the investment space, Crypto.com has gone further and created some good opportunities. I would rate the activities and conditions of the exchange as "normal".

  • Crypto.com

    abubakaraboy1

    06.08.2021

    Comment

    My acquaintance with the Crypto.com exchange began six months ago. I mainly traded with various Forex brokers and did not think about switching to cryptocurrency. But I saw how the bitcoin rate has changed over the past few years and decided to try crypto trading. I opened an account on the exchange and passed a difficult verification. Then I transferred my Bitcoins here and started trading. I must say that in all the time I have not encountered any failures in the trading platform. As far as I understand, they use the TradingView terminal here, and it is famous for being a fast and stable terminal. I withdrew funds once and the money came very quickly.

  • Crypto.com

    Allan

    01.07.2021

    Comment

    I read reviews that Crypto.com does not withdraw funds and blocks accounts. I was greatly outraged by such an outright lie. I have been trading on the stock exchange for the second year, and there has never been such a case where it blocked my withdrawals. True, a couple of times there were delays in payments. But technical support never refused to accept my claims and did not ignore my requests. And the last time, when payments came late, I was credited with 100 CRO as compensation. So I want to say that the Crypto.com exchange is not a scam in any way.

  • Crypto.com

    NB_LK

    08.06.2021

    Comment

    Recently, I have been looking for an opportunity to invest on the internet. The risk of running into scammers is great, but the risk is worth it. I had about 1 BTC on my wallet. I just wanted to exchange crypto for fiat and came to the Crypto.com exchange. That’s when I discovered the possibilities of passive investing. Using the CRO token, I believe, is a very good opportunity not only to store the crypto but also to generate income. Therefore, I studied the history of the Crypto.com exchange, its reviews, and registered. I had to go through verification to get access to all the features. So far, I have just started cooperation with the exchange, we'll see how it goes.

Top 5 Reviews on Binance

  • Binance

    mbialbeaniaan@gmail.com

    11.04.2024

    Comment

    Despite the growing number of reported hacks in the crypto space, I never once felt worried about using Binance as my crypto exchange. They have the most extensive security verification methods, and this makes me feel that trusting my funds with them is one of the best decisions I’ve made. Earlier this year I lost my phone number to which my Binance acct was connected and got very worried that my funds will be compromised. Turns out, it was easy to replace my old contact info with my new number, and they also suggested that I activate my 2-factor authentication for an extra layer of protection. I have also recently activated my passkeys for added security. All these years, Binance has been nothing but a trustworthy platform to me. I only trade crypto with them and nowhere else.

  • Binance

    vdakinshin@gmail.com

    01.04.2024

    Comment

    I created my account with Binance four years ago. It was during the middle of the crypto boom. I thought it was just a phase and would completely forget about it after the pandemic. But it turns out it is not :D. I still actively trade with the same account. Probably what made me stay is the ease of use, either when I am trading with the website or through the Binance app. Features in both platforms are easy to understand and use. I never had to consult YouTube videos as I normally do with my other brokerage accounts to figure out how a certain tool/button works. What you see is what you get. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years. I think Binance took over the crypto market easily for the same reason. It sold us the idea that trading is easy after all.

  • Binance

    TRISHAN

    16.02.2024

    Comment

    My experience with Binance has been predominantly positive. The platform's extensive cryptocurrency offerings, user-friendly interface, advanced trading features, and commitment to security make it a compelling choice for both novice and experienced traders alike.

  • Binance

    Awdifova

    12.10.2023

    Comment

    Binance is the best cryptocurrency exchange for me. There is a very rich selection of cryptocurrency pairs, and many new tokens are added. The crypto rate is market-based, I checked with different exchanges, there is no big difference. With Binance, you can get a good return. I recommend the exchange.

  • Binance

    lottievz2

    20.03.2022

    Comment

    I chose Binance for a reason. I have long been interested in P2P trading, and Binance, as far as I know, is one of the few exchanges where this way of earning is available. I myself, of course, also trade, but I get the main income precisely through P2P. And it cannot be said that I would recommend Binance for trading. The company is not bad, but there are nuances: my terminal hung up a couple of times, well, I spent time going through verification, be healthy. But the commissions are low, and the deposit requirements are minimal, so there are plenty of traders here, especially beginners. What sets Binance apart from most exchanges is that a cold wallet is available, but given how often exchange accounts get hacked… I would think so.

FAQs

What Makes One Cryptocurrency Exchange Better Than the Other?

The quality of its technology often determines the superiority of a crypto exchange. A good exchange will have a robust, well-designed trading platform that can handle large volumes of trading activity without any disruptions. The best exchanges also offer advanced features such as margin trading and advanced order types. Besides these features, individual traders also have certain preferences, such as trading platforms, withdrawal options, and order execution speed, based on which they may consider one exchange better than the other.

Is Binance Cheaper Than Crypto.Com?

Yes, Binance is cheaper than Crypto.com. Binance has a lower trading fee and does not charge any deposit or account registration fees. Plus, the margin trading fees are also lower on the platform. However, Binance has an additional non-trading fee of $1.5 on every bank transfer withdrawal.

Is Crypto.com CRO Like Binance Coin?

Both coins are the native tokens of their respective exchanges and offer benefits to users, such as discounts on trading fees and other privileges. However, they are not precisely the same. For instance, Binance Coin is an ERC20 token, while CRO is a NEP-5 token. Therefore, if you want to lower the commission fees on both platforms, you can hold the native tokens.

Binance vs Crypto.com: Which is Bigger?

Binance is the larger of the two exchanges by far. It is the top-ranking cryptocurrency exchange with a daily trading volume of over $5,576,946,029. The exchange also has a market cap of $17,921,087,338. Meanwhile, Crypto.com has a daily trade volume of $3,675,008,226.29. Although it is quickly becoming a widely used exchange, the platform offers fewer cryptocurrencies for trading than Binance.

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Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.