CRO Cronos

0.10316 -0.01074 (-9.43%)

Cronos price

12.57% Past Week
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About Cronos

Cronos (CRO) is the native token of, a cryptocurrency exchange founded in Singapore in 2016 by Kris Marszlek, Gary Or, Rafael Melo, and Bobby Bao. aims to speed up the global transition to decentralised finance (DeFi), supports trading, investing, and staking, and offers its 10 million users the chance to buy and sell NFTs. The blockchain is fully decentralised and utilises the Cosmos SDK framework and Tendermint Core Byzantine Fault Tolerance consensus mechanism. As part of its wider ecosystem, launched the Cronos Chain in November 2021, a layer 1 protocol that supports the porting of decentralised applications (dApps) and smart contracts from Ethereum and Ethereum Virtual Machine (EVM) compatible networks. Cronos, alongside the Chain – a public, secure, open-source, and permissionless blockchain designed to drive mass adoption of blockchain technology through payments, DeFi, and non-fungible tokens (NFTs) – is powered by the Cronos token. Previously known as the Coin, CRO had an initial supply of 100 billion tokens, although it was announced in February 2021 that 70 billion of these would be permanently removed in the largest token burn in history. CRO is used for staking, payments, and settlement. Staking CRO on the Chain earns validators network fees, better interest rates on the company’s decentralised exchange (DEX), and discounts and rewards on’s extensive ecosystem of products, including Pay, Earn, and Credit. Follow the CRO price and diversify your cryptoasset portfolio on eToro.
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