Forging ahead to build a complete ecosystem, Crypto.com announced the progressive launch of its cryptocurrency exchange today. And the leadership considers this to be a natural and major step to encourage the mass adoption of cryptocurrencies.
Addressing the audience at the ongoing BlockShow Asia 2019, CEO of Crypto.com Kris Marszalek stated this is going to be the most liquid and secure exchange platform for cryptocurrency. Crypto.com platform is a trusted brand in the industry with over 1 million users spread across Asia, the US, and Europe.
Furthermore, the company also published a press release this morning. In the press release, Kris stated, “I strongly believe that only companies that built entire ecosystems will thrive during the next bull market.”
Source: Blockshow Asia
Deep liquidity, lowest fees
The exchange platform offers both individual and corporate users a web interface, trading API and Crypto.com App. In the upcoming week, a closed beta version of the exchange will be launched. The initial set of digital assets it supports are BTC, ETH, XRP, LTC, EOS, XLM, USDT, CRO, and MCO.
With its proprietary Vortex Liquid Engine, Crypto.com brings users deep liquidity pools and best execution prices for all the listed assets. And tops it with gold-standard security for cryptocurrency.
Free High Volume trades
The project understands it is venturing into a very competitive sphere. And strengthens its position by offering Zero fee high volume trades.
The Syndicate – Building community for new projects
Within the exchange is a win-win opportunity for both projects and communities.
The platform is allowing projects to list tokens for zero fees and help raise capital also.
The community can buy these coins at a 50% discount with lower trading fees.
Powered by CRO, the exchange inherently brings more for CRO users. The CRO stakers can enjoy up to 100% trading fee discounts and earn 18% p.a. yield with Crypto Earn. The more, the merrier.
Earlier in our Crypto.com AMA summary, Kris told us November is looking good. And with this announcement, it might turn out to be even better.
11/18/19 Update on CRO Token Utility
Not only CRO stakers but any CRO user on Crypto.com exchange can take advantage of multiple saving opportunities:
- enjoy discounted trading fees
- 20% cashback on both online and offline payments
- and 10% cashback on gift-cards from major brands and P2P transfers to friends.