Crypto.com Sports Review | An Honest Assessment Of The Prediction Platform

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4.4/5

Game Selection

3/5


App / UX

5/5


Bonus / Promos

5/5


Customer Support

4/5


GET UP TO 1 BTC IN REWARDS

My verdict on Crypto.com Sports

Crypto.com Sports presents a new twist on predicting the outcome of sporting events. Its “sports event trading product” allows users to trade within a fluctuating market based on what they think will happen, similar to how odds change in sports betting markets.

I was able to access the product with ease using the Crypto.com app and website. It is available as a derivatives product, meaning anyone 18 or older can sign up and participate in all 50 states. Such products fall under the regulation of the US Commodity Futures Trading Commission in the United States. 

Rather than wager like at a traditional sportsbook, users can purchase contracts at a market rate. Each winning contract earns a user $100, and you can purchase multiple contracts for each contest.

This provides an extra incentive for those who live in jurisdictions without legal sports betting. However, I was happy to see that all new users can receive a welcome bonus. The Crypto.com welcome bonus applies to the cryptocurrency exchange and requires new users to complete a reasonable number of trades (in my case, $500 worth) in their first month to have a chance at receiving up to 1 bitcoin in prizes.

As for the product itself, Crypto.com Sports offers an intuitive and easy-to-use interface. However, as it is a new product, I could only predict the outcome of upcoming football games. At this time of year, there weren’t many options.

Still, the contract-style form of predicting game outcomes creates an easy way to calculate your risk with a fixed win amount per contract. And, of course, I expect the available options to grow as the product grows. It would be nice to see basketball available before March.

What is the industry saying about Crypto.com Sports?

Crypto.com released its sports prediction product two days before Christmas in 2024. LegalSportsReport confirmed the news with a statement from Crypto.com co-founder and CEO Kris Marszalek, who said, “This unique financial product allows users to trade their prediction on the outcome of a sports event. It’s a fundamentally new concept for sports, and we’re thrilled to be the first regulated platform in the U.S. to offer it to our users.”

Crypto.com follows a similar path to Polymarket, a crypto-based prediction market that also offers contracts. Polymarket and its top competitor, the Commodity Futures Trading Commission-regulated Kalshi, offer prediction contracts on a wide range of markets, including sports, politics, and cultural events.

Of the three, Crypto.com presents the closest link between a sports betting-type service and cryptocurrency. The US sports betting market continues to grow, and President Trump’s administration is expected to be more crypto-friendly.

Industry expert and consultant Dustin Gouker added in his Substack publication, The Closing Line, that the launch of Crypto.com Sports and suggestions of similar plans from Robinhood were signs of what’s to come. He said it’s a matter of when, not if, and the questions to ask moving forward center around who will be an early mover, who will own the market, and how far operators go with the options they offer.

The product has already caused a commotion. The CFTC asked Crypto.com to pause its contracts before the Super Bowl, but Crypto.com refused. LSR broke the news on Jan. 17, just before President Trump’s inauguration. A Crypto.com spokesperson cited the change in administration as a reason for the company’s actions. 

The CFTC said it wanted to conduct a 90-day review to determine if the sports trading product violated gaming laws.

My experience using Crypto.com Sports

Signing up at Crypto.com Sports was simple, starting with downloading the Crypto.com app.

Once I opened the app, the sign-up process required me to provide and verify my email address and mobile phone number, create a passcode and verify my identification. The ID verification required me to take pictures of both sides of my ID and record a short video of my face. 

The entire process took less than three minutes to complete.

Website and app experience

The Crypto.com app has a user-friendly interface that defaults you to the home screen. You’ll find a list of tabs at the top of the home screen, and each screen has several categories as you scroll down. You’ll also see additional screens at the bottom for your accounts, trading, information about the market, and signing up for the Crypto.com Visa card.

The sports tab is clearly visible at the top of the app’s navigation.

The Crypto.com website also displays it clearly.

The Crypto.com website required me to log in through the app, which provided a three-step process. It was simple enough, but I did not see the words “QR Code Scanner” on my settings page. 

After a quick rescan, I found a QR code icon at the top next to my name (account). I was able to log in and access the website immediately.

I was surprised to find out that the Crypto.com homepage was actually an informational page. I found the exchange’s URL at https://web.crypto.com/hub/home by clicking “Buy Crypto” from the Crypto.com homepage.

This exchange has a nearly identical look and feel to the Crypto.com app. The sports tab is visible on the Crypto.com web version underneath “Home” and above “Accounts.”

You’ll need to deposit funds to use the Crypto.com Sports feature. The Crypto.com app provides four options, while the website only accepts three:

Did I like the app? 

The Crypto.com app is modern and functions seamlessly. Once I verified my account, the full menu appeared at the top of my app, and I could easily access Crypto.com Sports and all other areas of the app.

The app’s primary functions are very straightforward, including buying, selling and managing cryptocurrency, and the app’s interface is similar to another major exchange, Coinbase.

When comparing the app and web version of Crypto.com Sports, I preferred the web version because it displayed more options on my screen at once. 

However, the app still made all the same information and options accessible and was easy to use. Currently, Crypto.com Sports only offers football contracts, and only a few games remain in the 2025 playoffs. When the feature expands to an entire slate of games across multiple leagues, using the app could mean more scrolling than the web version.

Crypto.com Sports promo code details

Crypto.com is offering new users up to 1 bitcoin as a welcome bonus with no promo code necessary. The bonus applies to everyone who signs up for the Crypto.com app and completes a certain number of trades within their first 30 days.

This promotion is for the Crypto.com app. At the time of writing, Crypto.com does not have a separate offer for its sports product. Future sports-specific promotions could include a deposit-matching bonus or tokens for losing picks.

The welcome bonus is available in the app. I opted in by selecting “Trade Now” at the bottom of the offer, which requires me to trade at least $500 in 30 days. 

Upon completing the terms, I will receive up to 1 BTC paid in CRO. (CRO is the native token on Crypto.com. Users can hold it, sell it or convert it to another cryptocurrency, such as BTC, on the Crypto.com exchange.) Your welcome bonus might be the same or different.

Crypto.com promo codeNo code available — coming soon!
Crypto.com welcome offerWin up to 1 BTC worth of rewards
Crypto.com Sports promo codeNo code available — coming soon!
Crypto.com Sports welcome offerTBD
Where is Crypto.com Sports available?All 50 states

Crypto.com Sports event contracts

Just like at traditional sportsbooks, there is never any guarantee of winning. In fact, you should probably expect to lose. Responsible sports bettors do. They wager only for entertainment. 

To understand the sports contracts at Crypto.com, focus on the investment term contract, which broadly states the agreed-upon terms and conditions of an investment. In the case of Crypto.com Sports, the contracts focus on sporting events.

Each game or competition allows you to choose a team and whether that team will win or lose. In other words, you can predict a win or a loss for either team in a game, giving you four options to choose from. Each of those four options has a contract you can purchase at a different price, which fluctuates based on the market’s demands. Regardless of the cost, you win $100 per contract.

For example, the 2025 NFC championship game features the Washington Commanders at the Philadelphia Eagles

At the time of this writing, you can purchase a contract for the Eagles to win for $77.25. Or you can buy one for them to lose for $31.50. The prices for the Commanders are nearly inverted, at $33.75 per contract to win and $75 per contract to lose.

How do you place an event contract? 

It’s easy to place an event contract. Once you’ve joined Crypto.com and completed the KYC protocol, all you need to do is click or tap on “Deposit” and fund your USD (fiat) account from one of the available options. All money will come from your bank account one way or another, which means every contract is backed by sound money.

After you’ve funded your account, you can find Crypto.com Sports through the “Sports” tab. Since all contracts have different prices, you may want to look at the available contracts before funding your account to ensure you’ve deposited enough to trade with.

Once you’ve chosen a contract, you can review and accept its terms. The app will notify you once your contract order has been successfully placed.

How do you win an event contract? 

The contract options are simple: You will purchase a contract directly in accordance with a “yes” or “no” answer to a question. You can find these questions in the sports tab of the Crypto.com app.

In the example below, the first headline to purchase contracts asks, “Who will win Super Bowl 2025?”

You can answer this question in eight different ways. You could predict which of the four remaining teams will win, or you can predict which one(s) will not win. Thus, you could purchase a contract for a team not to win while avoiding predicting the team to hoist the Lombardi Trophy.

All contracts expire for an event once it begins, meaning no further trading can occur. Crypto.com will settle with everybody holding a contract within 24 hours of the event’s conclusion: every winning contract earns $100, and every losing contract earns $0.

What makes this different from traditional sports betting?

While Crypto.com Sports predicts a game’s outcome similarly to sports betting, the product differs in several key ways.

First, you can select the “yes” or “no” side for both teams rather than simply choosing one team or another. Additionally, the payment system functions similarly to odds on a moneyline wager. Each contract’s price is set to ensure an appropriately proportioned $100 payout.

You also must purchase entire contracts at Crypto.com Sports. This creates fixed wagering amounts, whereas sportsbooks will accept open-ended wager totals. 

However, this feature really only affects smaller bettors who cannot purchase fractions of contracts. Larger bettors can purchase up to 2,500 contracts for any position.

Lastly, the markets rely on two-way trading, meaning every contract you purchase has a taker for the opposing side. This also means you can sell your contract before a game starts if the market has moved and you’re happy with the profit you’ve locked in, unlike sports betting, where your wager is live until it settles.

Sports collection

I was able to find the Crypto.com Sports collection with ease from the sports tab. Although football was the only option to trade contracts, the interface divides available contracts by sport directly underneath the sports tab.

Right now, this shows up as “NFL” and “Coming Soon,” the latter gray and inaccessible. This section also included college football earlier in January.

Underneath this, you’ll find a headlines section. You’ll need to swipe on the app to see all the available markets.

For example, the NFL conference championship week offers three markets: who will win the Super Bowl, the AFC championship and the NFC championship.

What’s missing from the library? 

Crypto.com Sports is barely a month old, and the library is small. So far, it has only focused on professional and college football playoff games, which have been limited in number and grown more limited with each passing week. 

It looks like the product will roll out different sports in the coming months, and I trust that it will add basketball once the football season ends. I would love to see NBA games during the home stretch of the regular season, as well as NCAA basketball games during the conference championships and March Madness.

That said, the slow rollout likely means the company wants its Crypto.com Sports product to be perfect when it goes live. I imagine testing is already going on for basketball’s volume since the schedule will have a much larger selection of games.

As for other crypto options, Polymarket offers NBA lines but not college basketball. Kalshi offers neither. For now, the best options to wager on basketball exist on legal, regulated sportsbooks like FanDuel, DraftKings, BetMGM and Fanatics.

Customer support

Crypto.com has a modern customer support pipeline, featuring an online help center that shows the most-read support articles and provides breakdowns of various topics, such as the app, exchange, taxes, and security.

These vast help centers provide answers to almost every question without human interaction. This can be extremely efficient at times and very inconvenient at others if you have a more specific issue.

Live chat is available, but it is also primarily automated. I searched and found no available email addresses or phone numbers to reach human support through the website and app. However, Google provided the following information for Crypto.com support:

MethodDoes Crypto.com have it?How usable is it?
Live chatYesVery
PhoneYesSomewhat
Email YesSomewhat
❓FAQYes (included in help center)Somewhat

How quickly did I get a response? 

The Crypto.com live chat feature told me I would receive a response in less than 10 minutes, and the first response came within a minute.

I thought the service was easy to use, responsive, and generally helpful in providing the assistance I needed. 

However, if you have specific issues, the live chat function could become cumbersome, as you can only send one response at a time, and the system had much slower responses to more specific questions.

Did I feel safe using the site?

In short, I felt safe using Crypto.com’s app and website. Crypto.com is a global leader in regulatory compliance and calls itself America’s (and the world’s) premier crypto trading platform.

Crypto.com has been an established entity in the crypto space since 2016 and has 100 million users worldwide. It has immersed itself in much of our culture, advertising during Formula One races, the Ultimate Fighting Championship and the 2022 FIFA World Cup. It also purchased the naming rights to the Los Angeles arena that hosts the NBA’s Lakers, NHL’s Kings and numerous other events, such as the Grammy Awards.

Furthermore, Crypto.com Sports is available for users in all 50 states. Users must provide some personal information to use the product, known as KYC (know your customer). However, this is to prevent money laundering and other offenses, and you can feel safe submitting this information to Crypto.com.

All that said, cryptocurrency remains a globally unregulated space. Major exchanges have become illiquid and lost all user funds, and nobody is immune from losing everything. If it happens, the government won’t bail out the company. 

Thus, you should always keep the minimum you need on Crypto.com and every other exchange. Cash out when you win, and only deposit what you are comfortable with never seeing again. Even though Crypto.com appears to be one of the most secure options, you should always take the necessary precautions to mitigate this risk.

How does Crypto.com Sports compare to other top trading platforms? 

Trading PlatformMarkets OfferedDeposit MethodsCan you sell your positions early?
Crypto.comSports (NFL, college football)Debit card, bank transfer, BTC, USDYes
KalshiSports, politics, economics, culture, climate, financialsDebit card, bank transfer, crypto (USDC)Yes
PolymarketSports, politics, crypto, pop culture, science, businessDebit card, USDCYes

If you’re still on the fence about Crypto.com Sports…

If you’ve made it this far and are still unsure about whether to try Crypto.com Sports, consider the following: