Exchange

Crypto.com Launches the Beta Version of Cryptocurrency Exchange

Crypto.com has launched its cryptocurrency exchange’s beta version today. The exchange will allow trading in BTC, ETH, XRP, LTC, EOS, XLM, MCO, and USDT. The native token of the Crypto.com exchange will be CRO. All the Cryptocurrencies mentioned above will be available in pairs with BTC, CRO, and USDT for trading.

Co-founder and CEO of Crypto.com Kris Marszalek said,

Launching an exchange is the natural next step that allows us to complete our ecosystem play.

Crypto.com will make its exchange accessible for the over 1 million users currently on its platform. This way, it gets a large user base at its launch.

Additionally, Crypto.com has the following features.

  • com’s Vortex Liquidity Engine ensures customers have access to deep liquidity pools.
  • API trading account fees of 0.008% maker and 0.02% taker.
  • ISO Certification 27001:2013 certified, and Partnership with Ledger vault.

CRO staking will be rewarded with discounts on trading fees. The more CRO staked, the greater the discount, which can even extend up to 100%. Moreover, users can earn a 20% interest P.A. on staked CRO.

CRO holders will get priority during token allocation; during the listing of new digital assets. CRO paired with all cryptocurrencies listed on the exchange for a low-spread settlement of cross-currency transactions before Mainnet launch.

Crypto.com had released a closed beta version of its exchange, but now, registrations are open for more users who want to try the beta version. It plans to open the exchange for the general public in a stepwise manner starting from December 2019.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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