What is Crypto.com ? | All about Crypto.com in Short | Crypto Currency Crypto.com

What is Crypto.com ?

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain. It is a open-source blockchain developed by the Crypto.com payment, trading and financial services company. It is a decentralized digital currency.

Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of protecting users’ identities, increasing personal control over money and safeguarding user data and.

When was Crypto.com invented ?

Crypto.com itself was founded as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao in June 2016. Crypto.com went live in November-December of 2018.

Importance of Crypto.com?

CRO blockchain is focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions. CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. CRO coins can be used to settle transaction fees on the Crypto.com Chain.

Future of Crypto.com?

According to the exchange, this will increase the level of circulating supply of CRO from the current 24% to over 80%. Cryptocurrency exchange Crypto.com's native token CRO has rallied by over 70% in the past 24-hours, and its trading volume is up by 877%.

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