Crypto.com reviews

3.0

38% would recommend to a friend

(678 total reviews)

27% positive business outlook

Crypto.com has an employee rating of 3.0 out of 5 stars, based on 678 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Crypto.com employee rating is 22% below average for employers within the Tecnologías de la información industry (3.9 stars).

Reviews by job title

678 reviews
1.0
Feb 28, 2023
Recommend
CEO approval
Business Outlook

Pros

* Remote work * Salary is paid on time * Before 3-4 rounds of big secret terminations, lots of talented people * Company invests in big expensive marketing

Cons

* Huge management red flags. There is lots of negative public news about management even before starting Crypto.com. Some leaders are incompetent, but seemed to be promoted because they joined early or just follow orders from management without asking question. Lots of common complaints like delegating work, micromanagement, high turnover, panicking style, promoting friends, secret decision making, being incompetent but taking all credits. Be aware - do not join the HR, Trading or Legal teams. * Many red flags. Finances badly managed. No internal structure. Excessive over hiring, then thousands of secret layoffs because no proper planning. Management lied about numbers. Lots of money for marketing and it's not clear where the money comes from. No leadership transparency. Staff are promised shares and CROs - read the letters very carefully - not even HR could explain to me how the employee share scheme works. * Many talented people terminated or resigned in last 6 months. Turnover in some teams very high. Many remaining are waiting to leave. No people culture. Morale is very low and worry is it will be next FTX. Constant bad media news such as security breaches, management past, sending money to wrong people, cancelled deals, cancelled auditor and banned commercial adverts. Management is focused on increasing revenue but have no idea how to build company infrastructure or manage finances. Very suspicious behaviour, like secretly moving to Japan to live. Card benefits gone. There is no trust in the company. Many colleagues even withdraw their crypto to cold wallet in case the company collapse. The company is rolling downhill fast. Do not join.

1.0
Feb 21, 2023
Recommend
CEO approval
Business Outlook

Pros

Flexible working style, can work from home

Cons

-Management lacks transparency. They're not open and treat employees are just treated as a number. -Management has lack of foresight. In mid 2022 they hired lots of people, only to lay them off 1 month later. You would think they would have learnt but they repeated the same thing towards the end of 2022, hiring numerous people only to lay them off soon after. -Ceo is dishonest, lies about layoff figures.1st round of layoff is not 5% but closer to 40%. the latest round of layoff is mentioned as 20% but is probably closer to 50%. Also paints a good picture internally but proceeds to lay people off suddenly with no tact, just an email from HR to personal acct and people realizing they got locked out. -The salary is pretty poor, considering that the bonus and rsu vest in small amount in the 1st year. A lot of people did not manage to get bonus or rsu either since they got laid off. -Would not recommend anyone to work here as management has a total lack of regard for employees. Its really sad that a lot of capable people got burnt, rejecting good offers and leaving their comfy tech jobs only to get laid off due to poor & inconsiderate decision making. -The company spends a lot on marketing. Sadly, similar to its marketing, it tries to look expensive outside but lacks the quality to back it up internally.

1.0
Apr 5, 2023
Recommend
CEO approval
Business Outlook

Pros

Some friendly colleagues. Almost fully remote work. Strong marketing. Starting salary is not bad. Good stepping stone for careers because of the big brand.

Cons

I echo some of the previous reviews here. There is seriously questionable management, legal team leadership, business ethics and transparency. A stressful working environment mainly because of bad leadership. The GC was promoted after joining as a very junior Legal Counsel. Most colleagues know there is unbelievable incompetency and immaturity. This really reflects the low standard of hiring in important positions. Even standard of English is poor as a lawyer. Management don't care about competency, only following orders, so many leadership positions have a similar pattern of bad hiring. There is a lot of open favouritism towards a certain HK team lapdog which everyone is aware of. Many competent lawyers in Asia resigned or were pushed out due to internal politics within 1-2 years. There is a lot of questionable business practices. I wouldn't be surprised if there is eventually public news the business is to be investigated by regulators... Don't believe the many short reviews posted by the internal recruitment team to mislead candidates. This company is constantly hiring... because people are constantly leaving!

Viewing 13 - 15 of 678 Reviews

Glassdoor has 736 Crypto.com reviews submitted anonymously by Crypto.com employees. Read employee reviews and ratings on Glassdoor to decide if Crypto.com is right for you.