Buy Cronos CRO
What is Cronos (CRO)?
Cronos (CRO) is the native cryptocurrency of the Cronos blockchain, developed by Crypto.com. It powers fast, low-cost transactions and provides utility for payments, staking, and governance within the Crypto.com ecosystem.
How does Cronos work?
- Underlying Technology: Operates on the Cronos blockchain, built using Cosmos SDK and Ethereum Virtual Machine (EVM) compatibility.
- Consensus Mechanism: Uses Proof of Authority (PoA), relying on trusted validators for transaction confirmation.
- Smart Contracts: Supports Ethereum-compatible smart contracts, enabling efficient operation of decentralized applications (dApps).
- Key Algorithm: Utilizes Tendermint Core for Byzantine Fault Tolerance (BFT).
What are the potential use cases for Cronos?
- Payments: Facilitates purchases via the Crypto.com Visa Card.
- DeFi and NFTs: Powers decentralized finance (DeFi) applications and non-fungible token (NFT) marketplaces.
- E-commerce and Gaming: Supports blockchain adoption in retail and gaming sectors.
What is the history of Cronos?
- 2016: Founded as Monaco Technologies GmbH, later rebranded to Crypto.com in 2018.
- 2020: Launch of a $100 million fund to support developers on Cronos.
- Today: CRO has gained a strong market presence with a market cap exceeding $5.4 billion, highlighting its role in the cryptocurrency ecosystem.
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Frequently Asked Questions (FAQs)
What is the current price of Cronos (CRO)?
The Cronos price is $0.32532015 AUD, representing a +4.92% from the day prior.
Where is the best place to buy Cronos (CRO) in Australia?
The best place to buy Cronos (CRO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Cronos (CRO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Cronos (CRO)?
The trading volume of Cronos (CRO) is $364.9M AUD in the last 24hrs, representing a +4.92% from the day prior.
How can I buy Cronos (CRO)?
Cronos (CRO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Cronos (CRO)?
The current market cap of Cronos (CRO) is $8.7B AUD.
Can I convert Cronos (CRO) to cash?
Yes - With Coinstash you can convert your Cronos (CRO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Cronos (CRO) are there?
The current circulating supply of Cronos (CRO) is 27.1B.
Is Coinstash a safe place to buy Cronos (CRO) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Cronos (CRO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.