What is Crypto.com (CRO)?
Crypto.com (CRO) is originally based on the Ethereum blockchain and has been unveiled as an ERC-20 token, which is why it goes along with the Crypto.com chain. The token has become a core asset for the chain which is mainly being used for payments. You can use CRO for payments, for interest, and by betting it with crypto.com to receive rewards.
With the Crypto.com chain, you are provided with a variety of services to make the process of powered crypto payments more seamless. It has some unique services which are provided by the crypto.com chain which can be used as credit cards. The user is given a credit card by Crypto.com to focus on cryptocurrency. Cards with better rewards will be received after the user bets them with CRO status.
In November 2021, an announcement was made with Crypto.com stating that the Staples Centre, which has now become home to the Lakers and Clippers, also stated that it would be renamed Crypto.com Arena.
This is great news for the crypto community, with connected crypto being pushed further into the mainstream. On the day it was announced, Crypto.com's native token climbed 30% to a new all-time high. And if you like to engage in trading this tokens with Bitcoins then you must read these points in becoming a successful Bitcoin trader.
How to Buy Crypto.com Coin (CRO)
You must have known very well how the Crypto.com coin works, so you may now be interested in buying the token, as the token is quite popular, and it is very easy to buy it.
- You need to open an online account for yourself
The very first step to buying CRO is that you need to open an account with one of the supported trading platforms. You will find many platforms for buying and selling CRO.
Coinbase Global Inc. And FTX both are much better options if you want to buy CRO. Opening an account on the platforms is going to be a fairly simple process for you to enter your email address and password.
If you want to verify one of your accounts, you will be required to enter your personal information for that. At last, you will be able to deposit your funds in the account via bank transfer.
- Buy a crypto wallet
Buying crypto with a centralized exchange has become a much easier way, but at the same time, you may have some security concerns. It is a centralized exchange, which helps you to keep your funds on the exchange in a secure manner and make all kinds of purchases.
Along with this, some people are also concerned that it may be prone to hacking, resulting in the ever-present fear of investors losing their cryptocurrency. A crypto wallet is considered the most secure way to store crypto. The wallet allows the investor to have full custody of his funds.
How did the CRO token become a top performer?
Crypto.com has previously performed very badly and has also seen a drop in its initial price value, so how is it possible for its native CRO token to become the 13th top best token and to increase its worth by $0.55?
To answer this, we have to understand its order history and performance index, as we all know that Crypto.com has risen to the level of 30 per cent value, which affected the growth of CRO, which was not performing well, and saw a hike of 28 per cent price rate.
For example, if you had bought a $500 CRO token at the start of January, you may have earned a bonus of up to $4500 worth of CRO tokens.
