Chloe Yung

CRO is the token of Crypto.com centralized exchange that operates on Cronos and Ethereum blockchains.

CRO is an ERC-20 token that operates on the Ethereum blockchain, but it also serves as the native token of the Crypto.com Chain. As the primary utility token of the Crypto.com ecosystem, CRO has various use cases, including:

Staking: CRO holders can stake their tokens and earn rewards on the Crypto.com app. Higher staking amounts provide access to more benefits and higher interest rates.

Discounts and cashback: CRO holders can enjoy discounted fees and earn cashback rewards on transactions made on the Crypto.com platform.

Governance: CRO holders can participate in the decision-making process by voting on proposals related to the Crypto.com Chain and the overall ecosystem.

Payment: CRO can be used as a payment option in the Crypto.com Pay mobile app, allowing users to pay for goods and services at merchants that accept cryptocurrencies.

Trading: CRO can be used to trade with other cryptocurrencies and fiat currencies on the Crypto.com exchange platform.

Chloe Yung

Cronos. SVP, Head of Legal

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Cronos (SVP, Head of Legal)