Crypto.com review: licences, terms and gambling clause
Can you deposit to a casino from Crypto.com Exchange?
Crypto.com Exchange's terms, read 2026-09-28, name no gambling rule. That is not a permission: the general ban on unlawful use still applies. Its terms let it freeze or suspend an account without prior notice. 1 registration is confirmed in an issuing register. 3 points are not verified. No primary-source incident is recorded. KYC rules: no data in this entry.
Documents last checked Reviewed by CryptoGuardz Register Desk, editorial desk
Disclosure: CryptoGuardz has no commercial relationship with Crypto.com Exchange, earns nothing if you open an account there, and has not contacted the company or given it notice of this entry. Every statement below is either a verbatim quote from a document Crypto.com Exchange publishes or a statement about a public register, and both carry the date they were read. Corrections go to the corrections page.
1. What this means for you
Consequences first, in the conditional, each one produced by a clause in a document Crypto.com Exchange publishes itself. Every line links to that clause, quoted in full and dated.
- Your coins stop being yours in law once they are on the exchange The terms grant Crypto.com Exchange the rights to all assets on the exchange and reduce yours to a contractual claim for an equivalent amount. They add that in the worst case a total loss may occur.
- Your account can be frozen without notice if Crypto.com Exchange decides it should be The suspension clause is discretionary and its list of grounds closes with a catch-all that swallows the list. The clause is quoted in full below.
- You are probably not covered by the authorisation you can see if you are outside the European Economic Area The confirmed authorisation is held by Foris DAX MT Limited, and the entity that contracts with a user elsewhere is a different company.
- You cannot tell from the terms what Crypto.com Exchange does about casino deposits The documents read contain no clause on gambling. The general prohibition on unlawful activity still applies.
2. What this entry records, and what it does not
This register publishes no number for an exchange. The payout score on the casino register has five defined components and a published arithmetic; no equivalent instrument exists here, and inventing one to fill the space would be a measurement nobody made. What follows instead is a field-by-field account of what was read, where it was read and when.
| Binding terms | Read in full 7 clauses captured verbatim across 6 topics, retrieved 2026-09-28 |
|---|---|
| Contracting entity | Foris DAX LimitedNo jurisdiction of incorporation stated in the binding document · no company number stated |
| Registration check | 1 confirmed in the issuing authority's own registerESMA interim MiCA register, published CSV, read 2026-09-28 |
| Proof of reserves | Published, signed by a third partySigner: Mazars Group, named on the page as the independent auditor.. |
| Insolvency outcome | Stated in the terms Quoted in section 7 |
| Withdrawal test | Not measuredNo first-party deposit or withdrawal has been run against this exchange. It would require funding an account, which this register has not done. Until it has, nothing here is a measurement of how fast the exchange pays. |
| On-chain reserve verification | Not measuredNo independent reconstruction of the Merkle tree or of the exchange's wallet holdings has been attempted. |
3. What we could not verify
Every entry carries this section. The gaps are published because a reader deserves the limits of the check as well as its results.
- The place of incorporation and company number of Foris DAX Limited. The terms state neither.
- Any proof of reserves after 7 December 2022. None is published on the page.
- Whether a given user's assets are held under clause 5.4 rather than clause 5.1. The terms say clause 5.4 applies where special safekeeping rules apply and do not list those jurisdictions.
4. Who you are contracting with
The counterparty named in the binding document, not the brand on the website. This is the company a claim would be brought against and whose insolvency estate a user would be a creditor of.
| Named counterparty | Foris DAX Limitedsource · retrieved 2026-09-28 |
|---|---|
| Jurisdiction of incorporation | Not disclosedNo place of incorporation is stated in the binding document read. What the document does say is in the notes below. |
| Company number | Not disclosedNo company number appears in the binding document, so the entity cannot be looked up in any companies register from that document alone. |
The Exchange Terms and Conditions, last updated 22 December 2025, are "Published by Foris DAX Limited", and the definitions state: "Crypto.com means Foris DAX Limited." No place of incorporation, company number or registered address is given.
crypto.com/exchange/document/tnc served a United States variant to this register (Foris DAX, Inc., a Delaware corporation). The document read here is the non-US PDF on the same Crypto.com host.
26.9 Governing law (a) Unless otherwise specified, the Agreement, your use of the Service or Website are governed by the law in force in Hong Kong.static2.crypto.com
5. Registrations, claimed and confirmed
1 of the registrations Crypto.com Exchange claims was found in the issuing authority's own public register. A confirmed registration covers the entity named on it and nothing else. The confirmed authorisation is held by Foris DAX MT Limited in Malta, a different company from Foris DAX Limited, which publishes the terms read here.
| Authority | Kind | Confirmed | What it covers |
|---|---|---|---|
| Malta Financial Services Authority (MFSA), crypto-asset service provider authorisation under Regulation (EU) 2023/1114 (MiCA) | authorisation | yes | Confirmed. The official ESMA interim MiCA register of authorised crypto-asset service providers, downloaded 28 September 2026, carries the row: competent authority Malta Financial Services Authority (MFSA), entity Foris DAX MT Limited, LEI 2549005CVR5HH70FDO07, authorisation notification date 27/01/2025, no end date. Services authorised: custody and administration; exchange of crypto-assets for funds and for other crypto-assets; execution of orders; reception and transmission of orders; transfer services. Operation of a trading platform is not among the listed services. It covers Foris DAX MT Limited only. |
| European Securities and Markets Authority (MiCA register of non-compliant entities) | adverse listing | not listed | Negative check. The official ESMA register of non-compliant entities providing crypto-asset services was downloaded on 28 September 2026 and searched. The string Crypto.com and The string Foris do not appear in it. |
6. Proof of reserves
Crypto.com Exchange publishes a proof of reserves signed by a party outside the company. It still says nothing about what the exchange owes.
| Signer | Mazars Group, named on the page as the independent auditor. |
|---|---|
| Standard | ISRS 4400, per the page: "This independent third-party verification report performed under ISRS 4400 as set forth by the International Auditing and Assurance Standards Board". |
| As of | 2022-12-07 |
| Covers liabilities | noNothing in the exercise addresses borrowings, loan obligations, off-chain claims, or whether the set of user balances in the tree is complete. |
| Page | crypto.comretrieved 2026-09-28 |
Not all tokens or chains are supported by the tools Mazars Group utilised in the verification at this moment.crypto.com
This is the only disclosure in the register signed by an accounting firm under a named standard. It is also the oldest: the page states the comparison was made "as of December 7, 2022, 00:00:00 UTC", more than three and a half years before retrieval.
An ISRS 4400 engagement is agreed-upon procedures. The accountant reports what it found on the procedures agreed, and gives no opinion or assurance.
7. Custody, segregation and insolvency
What the binding document says about where your coins sit and what happens to them if the exchange fails, quoted rather than characterised.
Grant to Crypto.com Subject to clause 5.4, in consideration for your use of the Exchange and its related services and other valuable consideration, you grant Crypto.com and/or its Affiliates (as applicable) the rights to all On-Exchange Assets (subject to limited rights) described in clause 5.2.static2.crypto.com
Crypto.com’s ability to meet its contractual obligations in clause 5.2(b) and these Exchange Terms and Conditions (on time or at all) may be impacted by any losses or delays sustained in connection with its holding or use of On-Exchange Assets, amongst other factors. This may result in losses or delays to you. In the worst case, a total loss of On-Exchange Assets may occur.static2.crypto.com
8. Freezing your account
2 clauses, quoted in the order they appear in the document. Read the last one first: it is the ground that swallows the others.
12.5 Withdrawal or suspension of use of the Exchange We reserve the right to withdraw or suspend your right to use the Exchange and Services at any time without prior notice to or any consent from you and without assigning any reason for that action.static2.crypto.com
You acknowledge that Crypto.com’s decision to take certain actions, including limiting access to, suspending, or closing your Account for any reason in our sole discretion (even if no Event of Default has occurred and is continuing), may be based on confidential criteria that are essential to Crypto.com’s risk management and security protocols.static2.crypto.com
9. Suspending withdrawals
Not recorded. See section 2 for why.
10. Sending funds to a casino from Crypto.com Exchange
Crypto.com Exchange's terms say nothing about gambling. The documents searched are listed below.
The Exchange Terms and Conditions contain no clause on gambling, casinos or betting. Clause 14.4(b) prohibits using the Exchange "to perform illegal, unlawful or immoral activities" in general terms.
11. Which networks Crypto.com Exchange withdraws USDT on
9 USDT networks listed with withdrawals enabled on 2026-09-28, including Ethereum, Solana, Polygon, Arbitrum, Optimism. Tron is not among them.
Read from the public coins endpoint the Crypto.com Exchange website calls, USDT networks with withdrawals enabled. No Tron or BNB Smart Chain network is listed for USDT. Source. Which DEXes operate on each of those chains is in the DEX register.
12. Amendment, liquidation, arbitration and governing law
The clauses that decide what the contract can become, what can be done to an open position, and where a dispute would be heard.
15.1 Power to revise the Agreement We reserve the right to change or modify any of the terms conditions contained in the Agreement or any policy governing the use of Exchange and/or Services at any time and in our sole discretion.static2.crypto.com
will be referred to and finally resolved by arbitration administered by HKIAC under the HKIAC Administered Arbitration Rules in force when the Notice of Arbitration is submitted.static2.crypto.com
13. Public record
No incident is recorded for Crypto.com Exchange. That is not a clean bill of health. It means no primary source, meaning a regulator action, a court filing or a company post-mortem, was retrieved within this collection. Absence of a record here is the absence of a search result.
14. Who should avoid Crypto.com Exchange
Anyone outside the European Economic Area who is relying on the authorisation they can see. The confirmed authorisation is held by Foris DAX MT Limited and covers that company's clients. A user elsewhere is contracting with a different entity under different terms.
Related entries
Or read the whole exchange register, the same method applied to wallets and to crypto casinos, the clause library at clause watch, or how this register works.