Crypto.com is currently one of the largest crypto exchanges in the world at the moment. It 's a Singapore based crypto investing and trading platform . They started gaining worldwide recognition after purchasing the naming rights of the former staples center in Los Angeles and endorsing a number of popular celebrities.
WHAT IS CRONOS
Cronos is the native and utility coin/token of crypto.com. it was formerly called crypto.com coin before the recent name change. this new name reflects the decentralized nature of this coin and represents the next stage in the adoption of cronos in web3 ecosystem.
Cronos($CRO) is also an EVM(Ethereum virtual machine) chain running in parallel with crypto.com chain that's designed to support defi and gamefi application and a foundational support for the metaverse. Cronos runs on a proof of authenticity (PoA) consensus and is powered by ethermint.
CRO tokens are intended to be used for payments and staking purposes and they will also be used by users to participate in the cronos defi ecosystem which will magnify the popularity of cronos in the near future as this token continues to develop
Buying any cryptocurrency from Bitcoin, Ethereum to any other Altcoin comes with significant risk and possibility of loss of capital and your money being exposed to volatility, which can be intense in the crypto world. you should consult a financial expert or do your due diligence before committing your money to any crypto project or simply invest with money you can afford to lose. Cronos is subject to significant price swings. But buying and holding this token will guarantee reduction in trading fees and other earning possibilities you can find on the crypto.com platform
Crypto.com has been around for awhile and continues to innovate and expand in thier blockchain development. Cronos can be used in every part of it's ecosystem this means we will be experiencing steady growth, increase and innovation.