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Top NFTs on Crypto.com 2023

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Written by Timothy Sykes
Updated 4/4/2023 7 min read

2022 was the year I discovered that NFTs have the same trading potential as penny stocks. Even though recent months have been bad for blockchain technology, I think that potential is still there.

Just ask my former student, millionaire trader Matt Monaco. Matt has made $1.9 million trading crypto, NFTs, and stocks.

At first I thought NFTs were just a dumb fad. But when Matt sold his $14K Pudgy Penguins for over $63K (over two trades, here and here), I was on board.

How do you trade NFTs? You can follow the same strategies that I teach for penny stocks. As Matt puts it: “You don’t have to be a fan of digitized doodle art to profit from NFTs. That’s the beauty of trading. You just follow the money.”

When it comes to trading NFTs and digital currencies, Crypto.com is one of the most recognizable players in the blockchain industry, thanks to big moves like signing Matt Damon as a brand ambassador and rebranding Staples Center as the Crypto.com Arena.

Beyond all the pomp and circumstance, is Crypto.com a good blockchain platform for NFT and crypto traders? Read on to find out!

Trading on Crypto.com

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Crypto.com is a Singapore-based cryptocurrency exchange where you can trade over 250 crypto coins and countless NFTs.

Crypto.com’s NFT marketplace features major NFT collections like Art Blocks, Bored Ape Yacht Club, and Azuki, in addition to hosting hundreds of NFT drops. Over the years, Crypto.com has worked with big names like Snoop Dogg and the Philadelphia 76ers to launch exclusive NFT collections.

The site boasts a 24-hour trading volume of over $370 million at the time of writing, making it the 12th-most active crypto exchange worldwide.

Unlike stock brokers like Chase, Crypto.com charges commission fees. But Crypto.com’s cryptocurrency and NFT fees are generally lower than its peers.

In cryptocurrency, maker and taker fees start at 0.075%, and go progressively down from there. That gives Crypto.com some of the lowest transaction fees in the market — for comparison, look at Wealthsimple Crypto, where trading fees can reach up to 2%.

I’ve always said that a good trade should be worth the cost of commission. But the difference between Crypto.com and some of the other options is massive. It’s the difference between a platform meant for trading, and one made for long-term investing.

I don’t trade crypto assets myself. But some of my top students, like Bryce Tuohey and Matt Monaco, do.

Bryce and Matt adapted my penny stock strategies to crypto trading and won big. You just have to look at the chart of Dogecoin to see why.

This coin rocketed to 15 times its value and promptly fell, just like the trashiest penny stocks out there. My students have a strong foundation in penny stock trading, so they understand what was happening. They’ve created crypto strategies that have made me a believer.

Check out Crypto Moon Jumps to learn how my penny stock strategies work with crypto.

Can I Buy NFTs on Crypto.com?

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You can buy NFTs on Crypto.com. The site’s robust NFT marketplace features thousands of pieces from both major and obscure NFT collections.

Crypto.com features exclusive NFT drops, where you can be first in line to grab a just-minted NFT. These pieces can sometimes be flipped for quick gains.

Growing Your Trading Account With the NFT Marketplace

So, how do you grow your trading account with the NFT marketplace? I spoke with Adam Jarrett, one of my top students who trades in NFTs, and he’s got these tips to share:

  • Sign up for whitelists to get early access to hot NFT projects.
  • Study the NFT and crypto market to know which projects might get traction and which ones won’t go anywhere.
  • Join the Tim Sykes NFT Club, where Adam shares his NFT picks.
  • Do the research… and be ready whenever a trading opportunity presents itself.

Essentially, you’re applying my penny stock strategies to NFT trading. NFTs are like penny stocks in that they can jump quickly and crash just as quickly. To make profits from trading NFTs, you need a tight trading plan and ALWAYS cut losses quickly.

How to Find NFTs on Crypto.com

Finding NFTs on Crypto.com is as simple as it gets. The landing page displays upcoming NFT drops, trending NFT collections, and top creators, so you get a good overview of the current NFT market. You can also sign up for a mailing list for NFT drop notifications, so you don’t miss out.

When you go into the main marketplace page, you’ll find filters and sorting features to search NFTs by the date listed, price, likes, and other criteria.

Crypto.com NFT Fees

Crypto.com’s NFT marketplace charges 1.99% per NFT transaction. This falls in the middle of the road for NFT marketplaces — on the higher side is Openseas at 2.5%, while Binance charges only 1%.

This can be deceptive however — gas and royalty fees get added on to transactions on some platforms. Crypto.com doesn’t charge a gas fee, but NFTs minted and sold on the platform rate a 10% royalty fee.

Make sure you understand all the fees on your trade BEFORE you trade. The high, variable fees on NFTs can make the difference between profit and loss.

Key Takeaways

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The NFT market and the penny stock market share a lot of similarities. Like Matt and Adam, a penny stock background can give you a head start on NFT trading.

If you’re already trading high-tech stocks in sectors like artificial intelligence and electric vehicles, you’ll be right at home trading NFTs and crypto assets. These are all hot sector assets — macro developments can play a big part in their trading potential.

Want to learn more about NFT trading? Join the Tim Sykes NFT Club today! Members will get lots of perks like free NFTs, video masterclasses, and monthly webinars. It’s a good way to cut through the hype and learn how to trade this wild new market.

Are you an NFT trader? Share your experiences with me in the comments below!

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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”