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Difference Between Crypto.com and Crypto.com DeFi Wallet Apps

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The main difference between "Crypto.com" and "Crypto.com DeFi Wallet" app is that "Crypto.com" is centralized while "Crypto.com DeFi Wallet" is completely decentralized.

The "Crypto.com" app is a centralized cryptocurrency exchange platform where it is possible for registered users to buy, sell, and trade cryptos. Every user of the Crypto.com app must have an account and their crypto-currency assets are stored by Crypto.com.

The "Crypto Defi Wallet" app is a decentralized, non-custodial cryptocurrency wallet like Metamask or TrustWallet. The user has his own keys and is responsible for the security and storage of his crypto-currencies.

What is the "Crypto.com" app?

The Crypto.com app allows users to track the price of cryptocurrencies as well as buy and sell them. It also offers a variety of other features, such as the ability to trade crypto-currencies with other users. 

Crypto.com app
Crypto.com app on Google Play Store

The Crypto.com app is available for both Android and iOS devices. It is one of the most popular crypto-currency apps, and many users trust it because of its reliability and easy-to-use interface.

The company Crypto.com has been around since June 2016 and takes care of the security and storage of all the cryptocurrencies of its users. It competes with centralized exchange platforms such as Binance, FTX, and Coinbase (CEX).

What is the "Crypto DeFi Wallet" app?

The Crypto.com Defi Wallet app is a so-called "non-custodial" wallet that allows you to freely store your crypto-currencies yourself without registration. The app is available for both Android and iOS devices.

Crypto.com DeFi Wallet app
Crypto.com DeFi Wallet app on Google Play Store

When starting the Crypto.com DeFi Wallet app for the first time, users can create a new wallet by generating a key (secret phrase). They are also able to import an existing wallet by entering the wallet's secret phrase. 

Once connected to their wallet, users can manage their crypto-assets, send and receive transactions, and view their balance and transaction history.

With DeFi Earn, users can also stage their cryptos to earn interest from decentralized finance.

Differences between "Crypto.com" et "Crypto DeFi Wallet" apps

The "Crypto.com" and "Crypto DeFi Wallet" apps should not be confused because they are completely different.


Crypto.com is a "custody" app while Crypto DeFi Wallet is "non-custody". 

This means that Crypto.com is centralized and they will ask for a confirmation of identity (KYC) to store and secure your crypto-assets. Crypto DeFi Wallet is decentralized and you will not need to register or do KYC. You will own your own private keys and the security of your crypto-assets will be your responsibility. 


Since the Crypto DeFi Wallet app is decentralized, you won't have access to Crypto.com's support if you have a problem. If you use the Crypto.com app, however, you will have the ability to contact the Crypto.com team support if you have a question or problem. 

Transaction fees

When using the Crypto.com app, most of the transaction fees are taken care of while the Crypto.com DeFi Wallet user will have to pay each transaction fee depending on the blockchain network used.

Buying cryptos

On the Crypto.com app, it is possible to buy cryptos, for example Bitcoin, with your credit card or by wire transfer. On the Crypto.com DeFi Wallet app, there is no option to buy crypto-currencies. To add cryptos, you'll have to send them to your wallet from another wallet, or from a centralized exchanger like Crypto.com.

User target

The Crypto.com DeFi Wallet app is aimed for users who are experienced in the cryptocurrency world. The Crypto.com app is designed for anyone who want to buy and trade cryptocurrency easily.


The Crypto.com app has more features than Crypto.com DeFi Wallet. For example, Crypto.com users will be able to buy gift cards with their cryptos, or set up recurring purchases of crypto-currencies on Crypto.com. 

The Crypto.com app also offers the possibility to every user who wants to stake CRO to order a Visa card to spend his cryptos and have advantages (cashback on every purchase, free Netflix and Spotify, access to airport lounges, etc).

Comparison Chart

AreaCrypto.com appCrypto.com DeFi Wallet app
Coverage of the transaction fees within the Crypto.com ecosystemYes, 100%No
Possibility to buy cryptocurrenciesYesNo


Crypto.com and Crypto Defi Wallet are two apps that belong to the company Crypto.com. They both allow users to store crypto-currencies. On both these apps, users can send and receive cryptos. They are also able to store their crypto-currencies to receive interest and thus earn passive income.


What is the purpose of the Crypto.com DeFi Wallet app?

The Crypto.com Defi Wallet app allows users to create a cryptocurrency wallet with its own private keys.

Is Crypto.com a decentralized Wallet?

Crypto.com is a crypto-currency exchange platform and it is not a DeFi wallet. If you want a decentralized wallet, you can use TrustWallet or Crypto.com DeFi Wallet.

Is Crypto.com the same as Crypto DeFi Wallet?

"Crypto.com" and "Crypto DeFi Wallet" are two different apps because "Crypto.com" is centralized and allows you to buy cryptocurrencies while "Crypto DeFi Wallet" allows you to store your cryptocurrencies in a decentralized way.

To summarize:

The company Cypto.com has released two apps on the Google Play Store and App Store: Crypto.com, and Crypto.com DeFi Wallet. If you want to start investing in crypto currency, you should not go wrong with the app.

For beginners who don't have any crypto-currencies, the Crypto.com app will allow you to easily and securely buy and store your crypto-currencies. The Crypto.com DeFi Wallet app is recommended for people who need a decentralized crypto-currency wallet and want to store their crypto-currencies on their own.


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About the Author: Tom Vincent

Tom Vincent graduated with a bachelor's degree in economics and social studies. He then started his higher education at the University of François Rabelais in Tours with a DUT Information Communication. To expand his knowledge, he also followed a professional degree in e-commerce and digital marketing at the Lumière University of Lyon. On this project, he is in charge of articles covering language, industry and social.
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