CRO Coin is the cryptocurrency of the blockchain network called Crypto.com Chain, released as a decentralized and open source code by the crypto money exchange Crypto.com. Crypto.com Coin is a blockchain network that powers the Crypto.com Pay ecosystem. CRO Coin is the native coin of Cronos Chain owned by Crypto.com.
Crypto.com was originally founded as Monaco Technologies GmbH in June 2016 by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao. With a team of over 120 people, Crypto.com is headquartered in Hong Kong.
Initially released as an ERC-20 reward token on the Ethereum network, the CRO coin was later migrated to the Cronos blockchain network. The purpose of the Cronos network is to allow businesses and individuals to pay for goods and services using CRO coins, stablecoins and fiat currencies with the Crypto.com wallet application. Crypto.com empowers redefined financial services to improve users’ lives.
The Crypto.com blockchain is designed to make online crypto payments easier, affordable and accessible to everyone. Crypto.com operates as a regular crypto-asset exchange and has different fee mechanisms. It allows users to earn rewards for staking.
At Crypto.com, users can borrow and lend from their own funds. Borrowing takes place through staking or other crypto assets. With the Crypto.com earn program, regular transfers are made to users’ accounts.
Another feature of CRO Coin is that it is easily customizable, allowing traders to tailor it to their trading needs and skill level. The app also offers a user-friendly interface that makes it easy to access various cryptocurrencies.
Crypto.com allows you to make payments on your own crypto assets with payments made through your Visa card. While payments can be made through any supported crypto-asset, it is the CRO spending that pays the most to users.
Users can access mobile applications via iOS, Android, Microsoft and HarmonyOS.
In addition to having its own infrastructure, CRO coin also supports ERC-20 and Cosmos infrastructures. CRO Coin, which can be purchased on its own platforms, is also listed on the Crypto.com exchange, Gate.io, KuCoin and Coinbase crypto exchanges.
