CRO is the native cryptocurrency a of Crypto.com a blockchain developed by Cryptocom. The main use of the token is to allow you to pay for real-life things with your crypto by converting your crypto into fiat currency (like pounds sterling and US Dollars) in real time.
Crypto.com also partners with companies to make sure as many places as possible can take the payments – most notably, Visa. Originally it was built using Ethereum’s blockchain and it was called MCO, while Crypto.com was called Monaco. But they re-branded and converted the token into CRO, as it’s known today
A few benefits of Crypto.com App
Spend with the CRO Visa Card and get up to 8% back!
Grow your portfolio by receiving rewards up to 14.5% on your crypto assets
Instantly buy/sell crypto currency!
Extensive list of supported cryptocurrencies: Support for more than 250 currencies with spot trading, futures, and advanced order types.
Transparent, competitive fees with discounts available: Crypto.com offers competitive trading fees up to 0.40%, with discounts available.
Support for an ecosystem of cryptocurrency products: Crypto.com supports cryptocurrency trading, staking, and swapping. It also offers its own credit card, crypto wallet, and allows users to invest in NFTs.
The central hub for Crypto.com is its mobile app, which is available for Android and iOS devices. If you are accustomed to trading stocks using a mobile app, you’ll likely find the experience intuitive and straightforward.
With the Crypto.com app, you can quickly view your portfolio and a list of popular assets. The mobile app includes everything you need to trade currencies, earn through staking your crypto, make payments with cryptocurrency, or sign up for a Crypto.com credit card.
To create a Crypto.com account, download the Crypto.com app from the Google Play Store or Apple Store. Open the app and start by entering your email and choosing a password. New Crypto.com accounts are verified using your name, a picture of your photo ID, and a selfie. After that, you’ll need to link a payment method, such as a bank account.
If you’re linking a bank account in the United States, you’ll be prompted to enter Know Your Customer (KYC) details to verify your identity, including your name, contact information, and Social Security number. Fully verified users can deposit funds and make withdrawals up to Crypto.com’s daily and monthly limits.