Review on Crypto.com Exchange by Yenkelys Barcenas
A VERY ATTRACTIVE CRYPTO ASSET TRANSACTION SPACE.
Crypto com Exchange is a platform created in 2019, with the aim of driving the massive adoption of cryptocurrencies, trading digital assets and in turn, offering betting opportunities through a CRO token. Its creators have described it as a platform that offers liquidity, competitive trading fees, institutional-grade custody and security, and intuitive experience through what Crypto com says is a very easy-to-use interface.
It starts its activities with good currency support, highlighting the most popular Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, XLM, MCO and USDT, while its platform is supported by through its native token, the crypto com coin (CRO), which uses QR codes to send payments simply and effectively at no cost to customers or merchants, while offering a refund of up to 10% when paying with CRO and that it will provide additional utility and benefits to users. One of its most attractive benefits is a 100% discount on commercial rates and a $ 50 bonus for each new user who registers.
The crypto com exchanges application is quite friendly and is available in several languages including Spanish and French, it offers a fairly simple user interface and in it you can carry out operations of purchase and sale of crypto assets, transfers and withdrawals, and also is the only crypto debit card program that works in the United States, Europe, and Asia. They have Visa card payments with generous money back and a payment system that allows companies to receive payments in cryptography and a system of loans and interest rates with attractive rates for staking, however to be able to use this Exchange and enjoy Its multiple benefits must be a holder of the native currency (CRO). The buying and selling process is quite simple, you must have a user account in the application and select the action to be carried out, whether it is the purchase or sale of assets.
Analysts describe that the CRO token has nearly quadrupled in price so far this year, making it the best performer among cryptocurrencies with a market capitalization of at least $ 1 billion by July 2020. However, there are many alarms that have been activated with respect to these exchanges, some analysts refer that the Crypto com model is complicated. They need to create a constant demand for their token by increasing their user base and they need to increase their demand, and this is being achieved through their fairly aggressive marketing campaign and a referral scheme that attracts a large number of users however to achieve operate within the Exchange you must be a holder to CRO token.
Pros
- The prices of the token have increased in value significantly.
- It offers attractive benefits to all users, holders of its native currency.
- It has the only crypto debit card program that works in the United States, Europe and Asia.
- The application is quite simple and easy to use and it is available in several languages.
Cons
- You can only enjoy the benefits if you own the native currency.
- It is not very popular on social media.
- There is a certain degree of distrust among some users due to the origin of some members of the leadership team.
