Crypto.Com Coin (CRO) is coming to take over

Introduction

Crypto.com was established in 2016 with the objective of quickening the world’s change to digital money. Key items include  the Crypto.com Wallet and Card App, a site to purchase, sell, and pay with crypto, the MCO Visa Card, a metal card with no yearly charges, and the Crypto.com Chain, which purportedly engages clients to pay and be paid in crypto, anyplace, for nothing. Crypto.com is headquartered in Hong Kong with a group size of 120+.

Analysis in terms of volume of trades

The trading volume of Crypto.Com Coin (CRO) is 28,155,605USD on May 22, 2020, and 53,623,691USD on June 21, 2020. The difference in monthly trading volume% within this duration is 24468086USD. The increase in trading volume% is 86.9030731USD. The trading volume of Crypto.Com Coin (CRO) is 45,201,552USD on June 15, 2020, and 53,623,691USD on June 21, 2020, .The difference in weekly trading volume within this duration is 8422139USD. The increase in trading volume% is 18.6324111USD.

Analysis in term of price

The trading price of Crypto.Com Coin (CRO) opened art 0.069257USD on May 22, 2020, and close art 0.119134USD on June 21, 2020, the difference in monthly trading price within this duration is 0.049877USD, the increase in trading price% is 72.017269USD. The trading price of Crypto.Com Coin (CRO) opened art 0.112073USD on June 15, 2020, and closed art 0.119134USD on June 21, 2020. The difference in weekly trading price within this duration is 0.007061USD the increase in trading price% is 6.3003578USD.

Partnerships

Enjin Token Now on Crypto.com Syndicate Lite

Crypto.com users can now enjoy buying Enjin (ENJ) tokens at a 25% discount on its Syndicate Lite platform.

$250,000 worth of Enjin token has been assigned for this offer. According to an official announcement, only users who stake Crypto.com native token CRO will be eligible to take part in the token sale. The listing is scheduled to go live on Tuesday, June 22, 2020.

‘’Crypto.com  is excited to announce the next event on The Syndicate Lite – 25% off on Enjin Coin $ENJ (US$250K allocation), launching on 23 June 6am UTC. Stake $CRO to participate’’

Details on the ENJ listing

Trading pairs available will include ENJ/USDT and ENJ/CRO. To participate, users need to first register on the crypto fintech platform Crypto.com. Next is to stake some amount of CRO tokens. Furthermore, ensuring that CRO tokens staked do not surpass their “respective maximum allocations”.

The maximum amount of CRO that can be applied towards the listing event will depend on the amount of CRO staked by users. The table below illustrates the maximum allocation of CRO tokens.

 The crypto stage called attention to that it would not acknowledge marked CRO tokens as a membership for ENJ all through this occasion. The conveyance will occur at a particular time for clients to get the tokens allotted to them.If the amount gotten for the listing event is greater than the total discounted allocation, the final ENJ allocation for any user would be ascertained using the formula below:

Win a Tesla and Exciting Updates from Crypto.com

Energizing development and organization news stream in from well known digital currency fintech stage Crypto.com.

Crypto.com has uncovered that regardless of the current pestilence desolating economies everywhere throughout the world, it was centered around building a stage that is both solid and safe. In light of this, in its most recent declaration, it delineated a few quality accomplishments made on its foundation in May 2020. Their most recent accomplishments incorporated the MCO Visa Card turn out in Europe and its proposed dispatch in Canada. The dispatch of the Crypto.com Wallet, a key association with Coinzilla, its installment application module coordination on Ecwid and more.

Crypto.com Pay Updates

• Pay Airtime feature – Crypto.com payment app, Crypto.com Pay launched an airtime feature in May. With it, users can easily purchase mobile airtime using cryptocurrencies. Crypto accepted include CRO, BTC, ETH, LTC, and Ripple’s XRP. Find out more here.
• Asset Allocation Feature – with this feature users can view their profile and asset allocation on Crypto.com app.
• Gold Rush Campaign – It recently carried out a giveaway whereby, users who purchase PAX Gold using the app and subsequently deposited it on the Crypto Earn platform shared $10,000 worth of PAXG. The gold rush campaign took place from May 20 to May 24, 2020.
• Popular eCommerce platform Ecwid has integrated the fintech platform payment plugin on its web page. Now Ecwid over 1 million users can now accept crypto payments.
• Crypto.com users can now purchase blockchain domains at unstoppabledomains.com due to an integration with the platform. Users will also enjoy 10% discounts on all purchases made before June 13, 2020.
• An integration with Coinzilla has made it possible for users to pay for ads with crypto. Users will also enjoy 10% discounts for all payments made with Crypto.com native token CRO before July 26, 2020.
• Interested users will soon be able to purchase gift cards in Turkey, Slovakia, and Slovenia with Crypto.com Pay.

Other Updates

• Crypto.com Wallet launch – the fintech platform last month announced the official launch of its non-custodial wallet.
• The platform also celebrated achieving its 2 million users milestone last month. This achievement comes barely six months after it celebrated having a million users on its platform.
• The platform has also acquired a $100 million insurance cover policy. The policy was led by “Arch Underwriting at Lloyd’s Syndicate 2012”.
• To celebrate the much-anticipated Bitcoin halving, the fintech firm carried out a Syndicate BTC halving Special. During the event, 114.4 BTC was allocated, 190.4 million CRO tokens were contributed by 10,770 users, and 24.9X oversubscribed.
• Crypto.com also announced its chain Dev Update. Introduction

Crypto.com was founded in 2016 with the goal of accelerating the world’s transition to cryptocurrency. Key products include: the Crypto.com Wallet & Card App, a place to buy, sell, and pay with crypto, the MCO Visa Card, a metal card with no annual fees, and the Crypto.com Chain, which reportedly enables users to pay and be paid in crypto, anywhere, for free. Crypto.com is headquartered in Hong Kong with a team size of 120+.

Ledger Expands Crypto Payment Options with Crypto.Com Partnership

Leading hardware wallet producer, Ledger, now allows online customers to pay using Crypto.com’s wallet app.

According to an April 9 announcement, the firm has chosen to accept payment in Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), and Crypto.com Coin (CRO) via Crypto.com’s application. This is not the first time that Ledger has allowed its customers to pay with crypto. They already accept Bitcoin, Bitcoin Cash, Ethereum and XRP via their crypto payment processor, Bitpay.

An update on an old collaboration

Back in December 2018, the two firms signed a memorandum of understanding, which was mean to allow Ledger’s customers to purchase products with digital currency using Crypto.com’s service.

In a separate announcement, Ledger indicated that the first 20 users who make a purchase using this new payment method will receive a limited edition Crypto.com Ledger Nano S. Users who purchase Ledger hardware wallets from now until May 31 using Crypto.com will also have access to 10% cashback. They note that this offer is capped at €50 in CRO per purchase.

Blockchain’s use in payments

Payments are among the most important use cases for blockchain technology. Crypto is used for direct payments less frequently than some might suspect, however. 

Also in March, major cryptocurrency firm Bakkt announced a new direct payment integration which allows customers to pay for Starbucks’ coffee with Bitcoin.

Conclusion

Crypto.Com Coin goal is help people to buy, sell, pay and be paid in crypto without any fees.this have attracted more people into the platform, while other cryptocurrency decreasing they testimony have being increase.Crypto.Com Coin recently reported 2 million user with the way they going they will be outspacing  EOS and Binance coin soon.

All opinions expressed in the above article are solely of the author’s and do not reflect the opinion of the Global Crypto Alliance Ltd., any of its affiliations or any other company. This article is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. The Global Crypto Alliance Ltd. strongly recommends that readers conduct their own research and due diligence into the company, product or service, if any, that may be mentioned in the above content.