Is Crypto.com a safe platform to use for cryptocurrency transactions?

Crypto.com is widely regarded as a safe platform for cryptocurrency transactions. It employs robust security measures, including two-factor authentication (2FA), FDIC insurance on USD balances for US residents up to $250,000, and compliance with the ISO/IEC 27001:2013 and PCI:DSS standards, the highest level of certification for information security. Furthermore, Crypto.com stores the majority of users' crypto assets in cold storage, which is offline and therefore impervious to online hacking attempts. They also have a dedicated security team and offer a bug bounty program to encourage white-hat hackers to report any potential vulnerabilities. These features contribute to Crypto.com's reputation as a secure environment for trading, storing, and making payments with digital assets.