Public.com crypto review
- Fiat currencies
- 1
- Supported assets
- 7
Our verdict
Trade 7 cryptocurrencies with the beginner-friendly Public, but its trade fees are on the high end.
Public is decent option for beginner cryptocurrency investors because of its user-friendly app and trading experience, but it’s got a few major downsides worth considering. Its supported coins include popular cryptos like BTC, ETH and DOGE, ideal for beginners just getting started, but only seven coins in total are available to trade.
Recurring crypto orders let you automate your investing schedule with ease, but trade fees are high compared to other platforms. A crypto order of $10 will incur a $0.49 fee. That’s a trade fee of 4.9%. While Public charges less the larger the order amount, beginners placing smaller orders will be subject to the highest fees. Recurring crypto orders are charged a 1.25% trade fee no matter the order amount.
If you’re a Public customer and want to supplement your portfolio with major cryptos without opening an account elsewhere, Public lets you trade crypto. But if you plan to invest frequently with small amounts or are an experienced crypto investor, other, better options exist.
Pros
- Trade with multiple fiat currencies. Public allows you to trade with USD.
- Deposit and withdraw USD directly to your bank account in the US. With Public you can deposit cash from your American bank account and cash out back into the same account.
- Supports a range of payment methods. Public supports several popular payment methods including USD deposits via and Bank transfer.
- Customer support available via live chat. Public is contactable through live text chat customer support.
Cons
- Only 7 cryptocurrencies supported. Public supports a smaller variety of assets than some of its competitors. This isn't necessarily a bad thing, but if you're looking for a large range of altcoins you may want to compare other platforms.
Details
Product details
| Product Name | Public Cryptocurrency Exchange |
| Fiat Currencies | USD |
| Cryptocurrencies | BTC, ETH, ADA, SHIB, DOGE, SOL, LUNA, UNI, AVAX, LINK & 10+ more |
| Deposit Methods |
Bank transfer Debit card |
Listed Public crypto exchange assets
Public supports over 7 cryptocurrencies, but some notable assets are missing. Namely, Tether, BNB and Solana, which are in the top 20 cryptos by market cap. In total, 5 of the top 20 cryptos are available on Public.
Popular assets on PublicPublic deposit methods
- Bank transfer
- Debit card
How to sign up on Public exchange
Before you can even get started trading on Public, you have to go through the rigorous verification process (which usually involves providing proof of identification). This can take time. The reason for this is Public's commitment to certifications and compliance with regulations and insurers.
- Get started
After selecting the Get Started button, fill in the create account form. - Set up payment
Before you can start trading, you have to add your bank account to your Public account. There are several options to choose from, so choose the option most compatible. - Provide identification
Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this. - Start trading
After all that is processed, you're ready to trade on Public.
Using the Public app
Buy and sell crypto, explore crypto assets, chat with Public's investor community and stay on top of the latest crypto news, all from the Public mobile app.
Keeping your crypto secure
All centralised exchanges, including Public, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 9,000+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $179 |
Price (USD) $49.99 |
See more of the best crypto wallets
Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
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Alternatives to Public
Your reviews
Matt Finder
Editor, Investments
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