Crypto.com reviews

3.0

40% would recommend to a friend

(91 total reviews)

26% positive business outlook

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91 reviews

Reviews about "Culture"

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1.0
Mar 11, 2023
Recommend
CEO approval
Business Outlook

Pros

Aggressively pursuing licences everywhere for expansion. Willing to overspend money on high profile partnerships, influencers and marketing, so big brand in industry. Fully remote work. Starting salary is decent. Lots of nice people especially at junior to mid levels.

Cons

As many others already posted, there are serious problems with management and leadership. Unfortunately this will not change as they own the business. According to public media news they were friends before they started crypto.com during previous failed businesses. Management keep trying to persuade everyone that the business is successful and stable by quoting things in their favour. One example is saying how many millions of users there are on the platform, but not providing any transparency or actual details. It is widely believed that most users only opened an account with the business using a minimum deposit and are not active. There is sole focus on quantity across all aspects of the business. Productivity is assessed by how many tasks you seem to have finished, and not standard of work or time used. There is a real lack of quality due to incompetent management, bad hiring and promoting, and no internal structure. In Legal, for example, many colleagues know the team is headed by an incompetent and inexperienced bully who was promoted only due to being first to join. This makes the whole team suffer and creates a stressful toxic environment. Many colleagues started leaving and those remaining are planning exits too. Most decisions are driven in APAC by leaders with no experience outside of their own country. Do not believe the fake short positive reviews trying to mask the real negative views of most employees.

4.0
Mar 2, 2023

Great experience

Recommend
CEO approval
Business Outlook

Pros

Most of HR was surprisingly supportive. Lots of interesting people to with with Yearly bonuses were a great treat Got to lear a lot

Cons

Some people with no experience were given leading roles that caused pitfalls in some teams. Not that interested in employees or keeping them on staff

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.

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