Cryptocurrency

What is Crypto.com Coin (CRO)? [Updated July 2020]

Crypto.com is helping the entire cryptocurrency market expand all over the world

Crypto.com Coin is one of the largest cryptocurrencies in the market after it was able to reach the 9th position surpassing large players such as Monero (XMR), Cardano (ADA) and even EOS. Nowadays, Crypto.com Coin (CRO) is moving higher and it could soon surpass Binance Coin (BNB) and Litecoin (LTC). 

This virtual currency is the digital asset used on the Crypto.com ecosystem, which is working so as to expand the use cases of virtual currencies around the world. In this guide, we will share with you which are the main characteristics of this virtual currency and how it is revolutionizing the market. 

What is Crypto.com Coin (CRO)?

As we have mentioned before, Crypto.com Coin is the cryptocurrency that can be used in the Crypto.com ecosystem and in many other places around the world. This is the digital asset that is powering a new infrastructure that is being built by Crypto.com in order for virtual currencies to gain more value and be accepted in many places as possible. 

This virtual currency has been very demanded over the last few weeks considering that Crypto.com is currently working on a large number of initiatives and solutions that are pushing the entire crypto market forward. 

Crypto.com Coin (CRO) in the Cryptocurrency Market

Since it was launched, CRO registered a ROI of 535.24% since it was launched at the end of 2018. However, the highest returns registered by CRO were between March this year and June 30.06.2020. Indeed, the virtual currency expanded 4x in the last few months. 

This is related to the way in which Crypto.com has been expanding and releasing new products to the market, specifically the MCO Visa Card that has no annual fees and that helps users use their virtual currencies in many more ways than now. This is why there is so much hype around CRO and how it could continue expanding in the coming years. 

In the future, this virtual currency could continue growing and reaching new highs. This is going to certainly attract a larger number of investors and help the Crypto.com ecosystem move forward as well. 

Crypto.com Solutions

Crypto.com is currently offering a large number of services and solutions to users in the market. Currently, you can buy using their application more than 55 different cryptocurrencies at true cost and without fees and no markups. This is much better than current trading solutions in the space that are requesting users to pay for large fees when they trade virtual currencies. 

Moreover, you can have a Metal Visa Card with up to 5% cash back on all the spendings you make. This is going to make it easier for you to get funds back and use them for what you want. You can spend the funds, buy digital assets or invest them where you desire to. 

Furthermore, users can start earning weekly interest on their crypto funds deposited on their platform. This would help holders keep their funds producing even if they are not planning to sell, trade or use them in the near future. This is why this is a great solution to holders that are waiting for virtual currencies to reach higher prices. 

Finally, you can also deposit cryptocurrencies on the platform and receive an instant loan. This is the way in which decentralized finance is currently working and how Crypto.com is making it possible to expand the different use cases of digital assets in the world. Moreover, a larger number of clients will now be able to have access for the first time to the crypto market. 

Of course, there are many projects that are going to be released in the future by Crypto.com and that could have an impact on the price of the CRO digital asset. 

Conclusion

The Crypto.com coin and the Crypto.com ecosystem are expanding at very high rates and in a very short period of time. This shows the large interest that there is in the market in terms of crypto adoption, digital assets and crypto use-cases. 

As we have shared with you in this guide, Crypto.com and its ecosystem are massively expanding and will continue to do so in order to offer users a great crypto experience. Moreover, the number of use cases for virtual currencies is also growing, which will help the entire crypto ecosystem to move forward. 

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