This write-up explains how to buy CRO with INR & CRO with USDT on KoinBX a global crypto exchange Apps (Android & iOS).
The native token of Cronos Chain, a decentralised blockchain created by Crypto.com, is called Cronos (CRO). A public blockchain with high speed and minimal transaction costs, Cronos chain is open-source and energy-efficient. Holders of CRO coins may benefit from reduced costs, increased lending revenues, and priority services.
With Web3 apps like Decentralised Finance (DeFi) and GameFi, which will eventually form the basis of an open metaverse, Cronos aims to support the creative economy. The goal of Cronos is to assist the next billion Web3 users in gaining ownership of their assets.
The Cronos chain is constructed using the Cosmos Software Development Kit (SDK), which supports the Inter-Blockchain Communication (IBC) protocol, and is compatible with the Ethereum-Virtual Machine (EVM), which is powered by Ethermint. This enables end users to swiftly transfer apps and smart contracts from Ethereum and chains that are EVM compatible, as well as import cryptocurrency from Ethereum, Cosmos, and other chain families to Cronos.
Founders:
The company called Crypto.com created Cronos as a part of its mission to “put crypto in every wallet.” Crypto.com was established in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao. Prior to founding Crypto.com, Kris Marszalek started and served as the CEO of three businesses: Starline Polska, YIYI, and BEECRAZY. Rafael Melo has more than 15 years of experience in the banking industry and has worked with well-known Asian corporations. Gary Or is a full-stack software developer with more than nine years of experience. Bobby Bao was employed at the investment bank China Renaissance.
Uniqueness:
The main objective of Cronos Chain is to benefit Crypto.com users. Owners of CRO can stake their currencies on the Crypto.com network to serve as validators and collect transaction fees. Additionally, transaction fees on the network can be settled with CRO tokens.
Users of the Crypto.com Pay app can receive cashback from merchant payments of up to 20% and from purchases of gift cards and peer-to-peer (P2P) transfers to other users of up to 10%. The Crypto.com App enables users to stake CRO during the trade to get token incentives for particular listings.
Additionally, customers may stake their Crypto.com Coins on the Crypto.com Exchange app or the company's metal Visa Card to get yearly interest on those coins of up to 10-12%.
Overall, CRO serves as a tool that drives Crypto.com to broaden the use of cryptocurrencies across the world. As a result, the business is always looking for and creating new use cases that will let consumers to utilise the cryptocurrency to increase their control over their money, data, and identities.
Security:
On top of the Ethereum (ETH) network, CRO is created in accordance with the ERC-20 compatibility specification. The Ethash function protects the CRO network.
Tokenomics:
Token Name: Cronos
Ticker Name: CRO
Total Supply: 30,263,013,692
Circulating Supply: 25,263,013,692
Max Supply: 30.26B
Market Cap: $1.39B
How to buy CRO?
Follow the below steps to buy CRO coins,
- Signup with KoinBX.
- Fill in the mandatory details to create an account.
- Complete your KYC verification process.
- Add your bank account.
- Deposit Fiat to your KoinBX account.
- Click Buy to start buying CRO with Indian rupees (INR) & Tether (USDT).
How to sell CRO?
Follow the below steps to sell CRO coins,
- Signup with KoinBX.
- Complete your KYC verification process.
- Link your bank account.
- Click the Sell option to find a buyer for CRO.
Once a buyer for CRO is found, you can start selling CRO with Indian rupees (INR) & Tether (USDT).
How to trade CRO?
CRO/INR -> https://koinbx.com/trade/CRO-INR
CRO/USDT -> https://koinbx.com/trade/CRO-USDT
To make your CRO trade anywhere, anytime with the great trading experience with KoinBX Android and iOS app.
