Cronos CRO

Investing in, selling and exchanging cryptocurrencies is a complicated process. But choosing the right digital currency is even harder. Today we will talk about CRO - the main token of the Cronos system.

Learn about Crypto.com Coin (CRO)

Crypto.com Chain is a decentralized open blockchain of Crypto.com, a payment and merchant-financial services company. The developers launched their own cryptocurrency token, CRO, in November-December 2018. Its current purpose is to support Crypto.com Pay mobile payment apps. From a broader perspective, Crypto.com Chain aims to accelerate the global adoption of cryptocurrencies.

Who created Crypto.com Coin?

Crypto.com Coin was created in June 2016 as part of the "put cryptocurrency in every wallet" project under the original name of Monaco Technologies GmbH.

The founders are Kris Marszalek, who founded and led three companies before launching Crypto.com; Rafael Melo, who has more than a 15-year career in finance; Gary Or, a software engineer with more than nine years of full-service development experience; and Bobby Bao, who worked in the M&A department of investment bank China Renaissance before participating in the launch.

What's special about Crypto.com Coin?

Blockchain CRO provides practical and useful features to users of Crypto.com's payment, trading and financial services:

CRO owners can act as a validator and receive a commission for processing transactions on the network;

CRO coins can pay transaction fees and commissions at Crypto.com Chain;

users can earn tokens for stacking CROs in the app and earn up to 10-12% annual return on their coins;

CRO implements Crypto.com's desire to increase the distribution of cryptocurrencies globally. Because of this, the company is constantly working to find and develop new usage scenarios that will allow their customers to use cryptocurrency to gain more control over their money, information and personal data.

How many Crypto.com Coin (CRO) coins are in circulation?

CRO's total issuance is limited to 100 billion coins, all of which were created back when the blockchain was launched. Crypto.com has not relied on pre-sales, public sales or initial coin offerings (ICOs) - instead coins are only distributed via secondary offerings and are not subject to mining.

How is the Crypto.com Coin network secured?

CRO is built on the Ethereum blockchain (ETH) in compliance with the ERC-20 interoperability standard, and its network is secured with Ethash.

Where can I buy Crypto.com Coin (CRO)?

CRO is available on cryptocurrency exchanges such as Bittrex, OKEx, Huobi Global.