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Crypto.com
HomeGlossary TermsCrypto.com

Crypto.com

June 24, 2023BY Ubik Capital
271Views

Crypto.com is a cryptocurrency payments platform dedicated to driving widespread adoption of cryptocurrencies. The platform initially operated on a dual-coin structure utilizing Monaco Coin (MCO) and Cronos (CRO). However, in late 2020, Crypto.com completed a coin swap, consolidating the network under the CRO coin. CRO is now the platform’s primary coin used for cross-asset settlements, block transaction fees, validation rewards, and as a staking mechanism to unlock tiered user benefits.

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