Trade Real Stocks Using Crypto With Crypto.com’s New Tool

New Copy-Trading Feature on Crypto.com

Crypto.com is rolling out a copy-trading feature that lets users follow the portfolios of big-name investors. This update is available to all users without needing a premium status or extra fees. People using the app can now see and copy the moves of top investors and political figures with ease.

Users will be able to follow major figures in investing, including Warren Buffett, Nancy Pelosi, Dan Meuser, and Bill Ackman. The feature also includes Jensen Huang, Bill Gates, Brad Gerstner, David Tepper, Paul Singer, Dan Crenshaw, and Josh Gottheimer. These names were selected for their public influence, strong investment track records, or both.

Crypto.com builds each investor's portfolio basket from real and transparent sources. For hedge funds and investors with large portfolios, the app uses 13F filings. These are required by the SEC for those with over $100 million in assets. For politicians, the app uses data from the STOCK Act. This law requires public officials to report trades above $1,000 within 45 days.

Source: X

No Tokenized Shares, Just Real Stocks

Trading through this feature involves buying actual stocks, not tokenized versions. Crypto.com handles these trades through Foris Capital US LLC, a FINRA-registered company. Each investor’s basket contains stocks they currently hold, based on public reports. These reports may be delayed, so some changes in holdings might not appear right away.

Users can buy baskets using either fiat or crypto funds already available in the app. Crypto.com will convert crypto into U.S. dollars to complete the purchase. All trades are handled in U.S. dollars and placed as Market orders. If the market is closed, the order will wait in a queue until trading hours begin.

Crypto.com will not charge users extra to copy trades. There are no subscription plans or hidden charges. Users can start with as little as $50. This makes the feature friendly to retail investors who want to explore stock investments without the pressure of large commitments.

Traders can choose to sell off part of a basket either in dollar amounts or by percentage. However, they need to wait until the current order is finished before starting a new one. Users will also get alerts when the copied investor changes their holdings. At that point, users can stick with their current stocks or update to the new mix with just a few steps.

Source: X

Designed for U.S. Investors

This new tool is made for U.S. persons. The portfolios are based on public data but will not reflect complex trading strategies, options, private placements, or other advanced moves. Because of reporting delays, portfolio information may be up to 45 days behind. Crypto.com includes notes to explain these limits.

All trading through the app is protected by the Securities Investor Protection Corporation (SIPC). This gives some added security for retail investors. Though the service keeps things simple, it gives access to real stock ownership and follows some of the biggest names in finance and politics.

Crypto.com is offering users a simple way to step into stock investing. With no extra fees, a user-friendly setup, and access to well-known investors, the copy-trading feature may appeal to both crypto users and traditional investors.