Startup Guides > What is Cronos crypto?-Definition:

"What is Cronos crypto?" The following are the definitions to explain the above question. Please join us in giving the best answer through the following article:
Cronos is considered a utility token on the Crypto.com exchange. By paying for services using CRO, this helps users reduce fees. Plus, customers of this app can stake tokens to earn rewards. These include improved rewards on Crypto.com prepaid debit cards and additional interest rates on deposits, which provide an opportunity to increase the value of CRO stakes together.
Before it was renamed Cronos last year as it is now, it was used under the name Crypto.org coin, which clearly shows the fact that the Crypto.com exchange is more than just an electronic exchange, but also an application-enabled programmable blockchain. It is one of many alternatives to Ethereum (ETH), which has gained popularity as developers seek chains that carry lower costs, are less expensive, and are not crowded. Both the Cosmos (ATOM) and Ethereum ecosystems are compatible with the Cronos smart blockchain.
In Summary, Cronos is a smart blockchain that provides not only an electronic exchange but also application-enabled programming, making ETH and ATOM compatible with the platform. Perhaps you have found the answer to the question, "What is Cronos crypto?".
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