Crypto.com - Cronos (CRO)

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Payments and cryptocurrency platform Crypto.com’s (now known as Cronos) token (CRO) is an initiative by the company to facilitate a transaction system that connects merchants and users, with the intention of making retail payments seamless and inexpensive. Founded in June 2016 by Kris Marszalek, the platform’s ICO raised $26.7 million for its MCO token in an ICO held in Q2 2017.

Crypto.com actually has two tokens: the MCO token and the Chain (CRO) token, the latter being the token for the platform’s very own blockchain. Initially starting off by offering a wallet, a mobile app and a prepaid Visa card, Crypto.com has since moved to offering its own crypto that ties in with its products and services. Its Visa card is one of its more touted features, letting users buy prepaid visa cards with fiat currency and letting them use it at merchants that accept Visa. It includes offers such as receiving up to 5% cashback in the form of MCO tokens.

However, its CRO token is a better indicator of Crypto.com’s larger business strategy. The utility of the token comes in the form of it enabling cross-asset currency settlement, settling blockchain transaction fees, rewarding nodes for participating in the network and offering services with lower fees when used.

Crypto.com’s Chain is a native blockchain solution that the team is bringing for more seamless payment. The whitepaper reveals that the team believes that no transaction fees for merchants and strong promotional offers, among other things, will help develop their ecosystem. Offline merchant acquisition and a gradually increasing degree of decentralization are two key priorities.

 


Exchanging your Ampleforth from Publish0x for Crypto.com (CRO) on Kucoin Exchange

16 Oct 2021 1 minute read 10 comments Defiant Pathfinder

For you to be a goo investor you have to make sure that the odds are all in your favor. On this article i am going to talk about how you can use your Ample-forth earned on Publish0x an purchase CRO token on Kucoin Exchange. Why Convert Ample forth to...

Crypto.com CRO Weekly review and Expectations

6 Nov 2021 1 minute read 3 comments Defiant Pathfinder

Hi friend and those new to my Blog you are welcome. Without wasting most of you time let get don to business. I am going to a weekly review of how CRO performed this week an how it out-shined other alt-coin and then we will do a short analysis techni...

Testing the Crypto.com Missions and Mystery Boxes

23 Nov 2021 5 minute read 17 comments bengy

Crypto.com (CRO) Mystery Boxes   One of the greatest contrasts between the Eastern-style exchanges (such as Binance, Kucoin, Huobi, MXC and Gate.io) and the Western-style exchanges (such as FTX, CoinList and Coinbase) has been gamification of tradin...

Crypto.com (CDC) on the move to cut earn rates. Is this good for the future of CDC?

5 Mar 2022 3 minute read 5 comments CanIGetAChaiLatte

As some of you are aware, Crypto.com (CDC) has essentially halved earn rates for over $30 000. This really only applies to people who are heavily invested in the "Earn" section of CDC.  TL;DR: CDC halves APY on anything over $30k in the "earn" sectio...

Crypto.com Exchange Joins Fireblocks Network to Expand Institutional and Global Outreach

9 Jul 2021 3 minute read 2 comments Crypto.com

Crypto.com Exchange is now added to the Fireblocks Network. Download Crypto.com Exchange App on iOS and Google Play Store to trade on the go today. To learn more about Crypto.com Exchange App, please read this article. Crypto.com Exchange is now s...

Binance visa card Vs. Crypto.com visa card

4 Aug 2021 3 minute read 4 comments Austras

I have acquired both these cards (both physically and virtually) and will compare them to see which card is better for everyday use, atleast in my opinion. There are several factors to consider as pros & cons and I'll break them down into parts and c...

Crypto.com (Cronos) - Is the Marketing efforts really Paying Off?

27 Feb 2022 3 minute read 9 comments Defiant Pathfinder

Since i started investing in Crypto Currencies in 2016 i have heard of Crypto.com now Cronos and i only got to knew about it late last year around August. I got to knew about it when i first Started blogging with Publish0x, i saw their widget on the...

E&S Token Review: Crypto.com (CRO)

9 Jan 2022 2 minute read 16 comments MikeZillo

Hello Publish0x community and welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. With this article we are going to introduce the 29th cryptocurrency of this section with the 64th “E&S” article. Today we will...

The Case For CRO - Why Crypto.com’s native coin will soar in value as time and adoption roll forward

12 Sep 2021 2 minute read 14 comments Tritium

It has had its hard times, but CRO is set for steady and sustained increases in value over the coming months and years. In this article I make the case for why this is almost a certainty. For ease of writing I will be referring to Crypto.com as CDC. ...

Polkadot (DOT) Hodlers on Crypto.com Can Now Earn Up to 12.5% P.A

14 Jul 2021 5 minute read 4 comments Crypto.com

Earn up to 12.5% per annum on Polkadot deposits on Crypto.com App. Earn up to 12% per annum on Polygon deposits on Crypto.com App. Crypto.com’s Supercharger program enables users to gain more DOT rewards. Crypto.com recently updated a new feature...