Crypto.com Age Requirement: Who Can Sign Up? Find Out The Minimum Age To Create An Account On Crypto.com
You can trade event contracts at Crypto.com if you meet the Crypto.com age requirement, which is 18 years of age. You must provide your full legal name, state-issued ID, and a selfie when you sign up.
This ensures they only accept participants of legal age, meeting the requirements and stipulations laid down by the CFTC, who oversee prediction market websites and apps. We’ll take you through the verification process here, looking at the three stages of the KYC (Know Your Customer) process, so you know what to expect before you begin.
How old do you have to be to use Crypto.com?
You must be at least 18 years of age to be able to sign up to use Crypto.com. Additionally, you’ll need to create your account by downloading the Crypto.com app from either the App Store or Google Play Store, as per your device. Currently, you cannot claim a Crypto.com signup bonus applicable to the prediction markets aspect of the app.
We found that both apps have received good ratings thus far. The iOS app has achieved a rating of 4.7 out of 5. Meanwhile, the Android app is rated at 4.4 out of 5, but has many more reviews, with 683,000+ to date, compared to just 690 for the iOS app to date. English is available as a language for both apps, too.
Verifying your age
When you sign up via their app, you will need to complete their KYC verification steps before you can browse their prediction markets and consider trading in probabilities on various sports, financial topics, cultural events, and other areas.
KYC means Know Your Customer. It ensures that Crypto.com meets the rules and regulations laid down by the CFTC - the Commodity Futures Trading Commission. This is a federal entity overseeing all prediction market services across the US. They must make sure that everyone signing up for an account is old enough to do so.
Disclaimer: Sponsored by Crypto.com – Not investment advice. Trading prediction markets and crypto involves risk, including potential loss of your stake. Consider your risk tolerance before participating. Crypto.com connects U.S. users to CDNA (regulated by CFTC) for derivatives trading. CDNA membership required. Trading may not be suitable for all—you could lose your entire investment plus fees. Past performance doesn't guarantee future results. This is not a solicitation or recommendation to trade.
Can you use Crypto.com in every US state?
No, you will find some exceptions. For example, if you live in Arizona or New York, you cannot trade in any prediction markets at Crypto.com. Furthermore, residents in seven states can trade on some markets, but not the sports prediction markets. This will apply to you if you live in any of the following states:
- Nevada
- Ohio
- Michigan
- Maryland
- Massachusetts
- New Jersey
- Illinois
If you can trade prediction markets where you live, you can complete verification and get started. However, you won’t find a Crypto.com promo code to use when signing up, as they do not include a bonus for prediction markets of any kind.
You can see why you’re required to prove your age and supply your residential address, so they know where you live and can make sure you’re able to access only those prediction markets that apply in your case.
How do prediction markets work?
Prediction markets work on probabilities - the probability that a particular real-world event will happen or not. This might relate to a specific player winning a sporting match, an individual winning an election, or even whether a recession will occur by a specific date or not.
As such, prediction markets offer Yes or No event contracts. Yes means the event will occur, while No means that it won’t. Remember that these are beliefs, and may not represent the correct outcome. You can buy event contracts in your chosen option and wait for the market to resolve to see whether you were correct.
Understanding the outcome of a prediction market
Each event contract for the correct outcome will receive $1, while event contracts for the incorrect outcome will receive nothing. The Yes and No options are based on a percentage of people backing each option. Convert the percentage to cents and that’s the cost of each event contract.
If the Yes option is at 67%, you will pay 67 cents per event contract to back that option. If only 7% of people back the Yes option, the price per event contract would be seven cents.
This influences the potential profit you might receive if you purchased the correct event contract. Remember that this won’t always happen though. If the outcome you predict does not happen, you won’t receive anything.
How to complete KYC verification at Crypto.com
First, you’ll need to download the app from either the App Store or the Google Play Store, depending on whether you use an iOS or Android device. Once you’ve done that, you can begin the signup process. You must provide these things when you sign up:
- Your full legal name
- A photo of your state-issued ID
- A selfie
They will check that the selfie matches the image on your ID.
Suitable ID options
Note that Crypto.com accepts passports from residents of some countries in which they operate, but this does not apply in the United States. That’s because residents of two states cannot access prediction markets, and those from seven more (listed above) cannot access sports prediction markets.
Instead, you must provide one of the following two photo IDs:
- A state-issued ID card
- A state-issued driver’s license
Verification processing - what to expect
We’ve found that Crypto.com splits their verification status into three types. We’ve provided details of these in this table, so you can check where you stand and what to expect.
| Verification Status | What it Means | Potential Timescale |
| Pending | Your verification documents and details are waiting to be reviewed by the Crypto.com team | Approval can occur within hours or potentially within one or two business days |
| Incomplete | You’ll need to go through the verification process again | Varies - if you repeat it a couple of times with no input, contact their support team for further advice |
| Approved | You can log into your account, browse the available prediction markets, and trade event contracts as you wish (sports prediction markets excluded in the seven previously mentioned states) | Once approved, you can access your account whenever you wish; you should not need to provide ID documents again |
You won’t be able to do anything with your account until the verification process has been completed. Make sure you carefully read and follow the instructions, to minimize the chance of making any errors.
You can also read our guides on other aspects of the Crypto.com prediction markets, including learning about potential Crypto.com fees and making sure you understand how prediction markets work.
Pros and cons of the Crypto.com minimum age
You will always find a minimum age limit to use prediction market services and their apps, including the Robinhood age requirement we have covered in a separate article. Here, we have listed the main points to consider regarding this aspect. In our experience, if you follow the verification guidance, you’re likely to receive approval relatively quickly. Make sure you supply the correct information to reduce the chances of an incomplete result.
- CFTC oversight
- App-based signup
- Often fast verification
- Must wait for verification
Make sure you meet the Crypto.com age requirement
It was easy to confirm the minimum age required to join Crypto.com from applicable US states (the exceptions being New York and Arizona). Those of age in most other states can then participate in their choice of prediction markets, with just seven states removing access to sports prediction markets.
If you’re interested in learning more about Crypto.com, you can use our links to visit their website to find out more information. Remember that you must then download the app for your device to begin the signup process if you are old enough to join; you can’t do so from their website, which is merely an informational site. We were glad to see clear information on their verification processes, and likely timelines for completion of these checks. If you meet their requirements, you shouldn’t need to wait too long to gain access to your account.
Crypto.com age requirement FAQs
Disclaimer: This content is sponsored by Crypto.com: Securely Buy, Sell and Trade Bitcoin, Ethereum and 400+ Crypto and should not be considered as investment advice. Trading on prediction markets carries risks, including market volatility and the possibility of losing your stake. Before participating, carefully consider your risk tolerance and the potential outcomes. Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com) offer connectivity to Crypto.com | Derivatives North America (CDNA), which is regulated by the Commodity Futures Trading Commission, for the purpose of trading derivatives on and subject to the rules of CDNA. Currently available for U.S. users only, who must first become a Member of CDNA prior to trading event contracts on CDNA. Trading on CDNA involves risk and may not be appropriate for all. Customers risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. None of the material on Crypto.com or CDNA is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on CDNA or elsewhere. CDNA is subject to U.S. regulatory oversight by the CFTC.