The Cronos blockchain and its native CRO coin have been launched by a leading crypto payment company Crypto.com. CRO is successfully traded on most crypto trading platforms, has an impressive market capitalization, and is among the top 20 cryptocurrencies. In this article, you will be able to find out how to sell or buy CRO the most profitable and with a minimum of time spent.
- Cronos is a project running by Crypto.com which can compete with Binance Smart Chain.
- CRO is an extremely popular and liquid cryptocurrency.
- With Fiatom, you will quickly find the best rate to buy or sell CRO.
What is CRO?
CRO is a native coin of the Cronos Chain — one of Crypto.com’s offsprings. Cronos is an open-source decentralized public blockchain platform designed for the instant transfer of decentralized applications (dApps) between networks compatible with Ethereum and EVM. EVM is a virtual global computer that allows different networks to interact with each other. The test network was launched in July, and on November 8, the main Cronos network was launched. Cronos provides users and developers with a quick and easy migration of their applications and smart contracts from EVM-compatible blockchains to the Cronos network.
The task of Cronos is to scale the Сrypto.com ecosystem, facilitating the migration of DeFi and NFT projects into it. Cronos can process more transactions per minute than Ethereum, which makes the process of executing smart contracts faster, cheaper, and more environmentally friendly. To achieve consensus in Cronos, the Proof-of-Authority algorithm is used. A fixed number of validators, pre-selected by the development team, participate in the confirmation of transactions.
CRO is used for payment of transaction fees, trading and financial services, asset conversion (as a means of exchange when converting two crypto assets), staking, and payment of remuneration to validators. Coin holders receive privileges in the Crypto․com ecosystem: they pay reduced transaction fees and trading fees when using the exchange, and earn more on staking, lending and cashback from crypto cards.
Despite the very recent launch of the mainnet, a full-fledged ecosystem has already begun to take shape around Cronos. And the cost of the internal CRO token at some point soared by 350%.
Why sell CRO?
CRO is a sought-after and popular project and is in the top 20 according to CoinMarketCap. However, you can benefit from a CRO sale for several reasons:
- The exchange rate of many crypto assets is now on the decline, so in order to avoid further losses, you can invest in stablecoins.
- You are not sure that the CRO rate will grow in the near future and want to gain profit from past purchases.
- You are bearish on the CRO project and want to invest in potentially more promising cryptocurrencies.
How to sell CRO?
If you want to find the most profitable rate for the sale or purchase of CRO, we highly recommend that you use the Fiatom service. We will help you find the best offer by comparing the rate from the leading crypto trading platforms. Our interface is extremely user-friendly, so you will not have any difficulties. In addition, we do not charge any fees for our services. In order to sell CRO profitably, follow the instructions below:
- Type “CRO” in the search bar.
- Specify the amount you wish to sell.
- Select the fiat currency you want to receive.
- Study and choose the best offer from one of our trusted partners.
- Now you will be redirected to the website of the selected provider.
- Confirm the transaction.
- Get a fiat amount.
In order to buy CRO, use the following instructions:
- Select the fiat currency you wish to buy with.
- Specify the purchase amount.
- Select CRO from the list of available coins.
- Choose one of the offers from our providers.
- Proceed with the payment.
- Get CRO.
CRO is a promising project launched by Crypto.com. Many Crypto.com projects are actively used and enjoy great success. Thus, we can say that CRO is one of those tokens whose value will grow shortly. The platform is actively developing and expanding its functionality. The further plans of the project include the launch of new bridges between the blockchain, which will allow the project to reach a new level.
Furthermore, if you want to swap CRO with the best rates and minimum gas fees, we recommend you try DEX Aggregator Droidex.