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What Is Crypto.com and How to Exchange CRO on Swapzone?
Exchanges nowadays have embraced the idea of creating their own token, which most times majorly serves to power the exchange. It is the same idea that is behind the Crypto.com CRO coin. The exchange Crypto.com itself is an online network that enables investors, users, and traders to invest and trade cryptos including CRO tokens. Let’s see what’s so special about the Crypto.com platform as well as its native CRO token.

What is Crypto.com?

Crypto.com exchange and payment network is where you can trade and invest in cryptos. Its major goal is to facilitate cryptocurrencies adoption extensively. The platform was founded in 2016 as a one-stop window for all your crypto needs irrespective of your trading level. It has over 90 cryptos available to those that reside in the U.S. to earn rewards and spend them. Another interesting feature of the website is that users can gain interest on their CRO crypto coin holdings.

The interest you earn can be spent using the prepaid Visa card offered by Crypto.com. Additionally, the Visa debit card allows you to spend from your token holdings on the platform. On the Crypto.com platform, the transaction fee structure is the maker-taker fee framework, which means that the amount of your transaction fee depends on whether you are a taker or a maker. Now that you understand what is Crypto.com let’s move on to its token system.

Crypto.com tokens

Crypto.com has two coins on its network and they are CRO and MCO. The MCO token was sold between May 18, 2017–June 18, 2017, to the public and it is utilized on the Crypto.com platform in the following ways.
- By staking MCO crypto coins, you can order metal Visa cards.
- Using the MCO-backed card will get you a 5% cashback in MCO tokens on every spending.
- By staking more MCO coins, you can upgrade your reserved MCO debit cards to a higher tier on the platform.
The other Crypto.com token is CRO cryptocurrency, which will be discussed in the following section.

How Does CRO Work?

The CRO coin is part of the dual token system of the Crypto.com exchange. It is also the native coin of the Crypto.com blockchain designed to make faster and cheaper payment and transactions possible. The CRO token was initially an ERC-20 token before it was announced that it would be moved to the Crypto.com native chain. The CRO coin has been gradually increasing in market cap since it was launched.

Crypto.com coin CRO is what drives the Crypto.com chain dubbed Cronos. Cronos’s goal is to offer a very accessible and affordable means of making payment online with CRO helping to make the payment easier. At the same time, crypto CRO aims to eliminate the traditional issues persistent with older blockchain like Bitcoin, which includes scalability.

CRO coin serves as the cross-asset intermediate token for the Cronos chain. The CRO token can be traded on around 22 global exchanges.

Key features

The key features of Crypto.com exchange, chain, and its CRO crypto coin include:
- It is EVM Compatible
The Cronos chain is built on Ethermint and that means it allows the swift porting of smart contracts and DApps from EVM-compatible blockchain and Ethereum itself.
- Highly Scalable with a focus on green energy
Cronos is designed to process more transactions per second than the Ethereum chain and it aims at going green by 2030.
- Interoperability
It is interoperable using the Inter Blockchain Communications protocol to create a link between Cronos and other blockchains with the protocol feature like Cosmos Hub.
- It uses the Proof of Authority (POA) consensus
PoA is a more scalable and streamlined consensus mechanism that offers scalability while ensuring a high level of security.

The CRO coin has its own key functions like:
- Settling block transaction fees.
- Used to reward Nodes for their work on the network.
- Cross-asset currency settlement.
- Using CRO coins for transactions ensures smaller transaction fees.
- Buying cryptocurrencies with Crypto.com coin CRO attracts a 50% discount on the exchange platform.
- CRO coins can also get you access to the Syndicate, which is a fundraising program for crypto projects with the best potential.
Benefits of CRO coin

Is Crypto.com good? From our understanding of what is CRO crypto, these are some of the benefits of using Crypto.com along with its CRO crypto.

It offers immediate settlement at lower rates. The main aim of the CRO cryptocurrency is to facilitate a swift payment solution through the introduction of a scalable network. The aim is to be able to support up to 50,000 TPS, which is way higher than what we have on the Bitcoin and Ethereum networks.

There is improved merchant support as Crypto.com Developers have been working on ensuring it is very easy to integrate the CRO blockchain network. The recent release of CRO token’s dedicated software development kit (SDK) goes further to prove the point above. This release will allow merchants with little technical knowledge to integrate the solutions on the CRO blockchain network.

Moreover, secured against a single point of failure through decentralization by distributing its transaction confirmation and network activities across several nodes of computers, the platform makes it more difficult for data theft and hacking events to occur on the network.

Disadvantages of CRO coin

Presently, there is limited use for the CRO coin beyond the Crypto.com network. This disadvantage has a lot to do with the project still in its infancy. Also, new projects like the CRO cryptocurrency are susceptible to incomplete technology, low liquidity, and few use cases. However, as time goes on, Crypto.com token CRO could end up carving a niche for itself in the wider crypto industry.

What Makes Crypto.com Unique?

The Crypto.com blockchain is primarily focused on creating utility for the users of Crypto.com through the CRO coin. On Crypto.com, CRO token holders can validate transactions by staking their tokens to earn fees on transactions processed on the platform. In addition, the more CRO coins they stake, the more reward they earn.

You can also use CRO coin to pay for transactions on the Crypto.com exchange earning you 20% when you use the token to settle merchants within the Crypto.com Pay app. There is also 10% cashback when you use CRO to buy gift cards and carry out P2P transactions.

You can earn token rewards when you stake CRO for a selected token listing on the Crypto.com Application. Furthermore, staking your Crypto.com coins on a Crypto.com metal Visa card or Crypto.com exchange app can earn you 10-12% APY.

Perspectives of CRO

From the look of things, CRO’s future looks encouraging. Its utility is similar to Binance Coin. Judging by what experts are saying about the future Crypto.com Coin CRO price prediction, the price is expected to increase to $0.229 in just a year and that is according to Walletinvestor. GOV Capital states it could go beyond that to reach $0.4708 in just one year.

How to exchange CRO on Swapzone?

You can exchange your asset to CRO on Swapzone, in case you want to see how it works. For your convenience, follow this detailed guide:
1. Open the Swapzone website.
2. Now, in the “Select Pair” tab, choose Bitcoin (BTC) and enter the amount of BTC you want to exchange.
3. In the “Get Up To” section, select Crypto.com coin (CRO).
4. Once you enter all the above information, you should see the exchange rate and multiple offers displayed on the website.
5. Here, you can sort the offers based on various parameters like price and transaction time.
6. Choose the best offer you can find and click “Exchange”.
7. Enter the relevant wallet details and click on “Proceed to exchange” to complete the transaction.
8. Wait for the deposit to be processed by the exchange service and the exchange to be done.
9. Don’t forget to rate the exchange partner and leave a review, so we can gather more information on the exchanges for future users.
October 13, 2021
Swapzone Integration Live on SparkPoint Wallet
It’s live! SparkPoint integrated Swapzone’s external API to provide its users with best rate swaps within the wallet.

October started off productively for both SparkPoint and Swapzone – busy integrating, we’ve levelled up our partnership.

What is external API?

Simply put, external API allows customers to use another application within the one they have running at the moment.

In this case, SparkPoint has Swapzone built into the wallet. This means, now users automatically get the best rate offer when they swap choosing Swapzone in the “Trade” tab of the wallet interface.

Enjoy best rate instant swaps without leaving your favourite wallet!
- Download: GooglePlay
- Download: App Store (update coming soon!)
What is SparkPoint?

SparkPoint is an ecosystem fostering cryptocurrency adoption through its blockchain platform. SparkPoint ecosystem includes SparkPoint Wallet, SparkLearn financial literacy educative platform, SparkEarn program from rewarding users, SparkPlay platform with crypto-infused games and SparkDeFi as an AMM DEX. The native token of the ecosystem is SRK.

What is Swapzone?

Swapzone is an aggregator of crypto exchanges that provides you with the best rate deals for 500+ cryptocurrencies. With the APIs of 15+ exchange partners integrated, Swapzone lets you sort the offers by rate, estimated transaction time or exchange rating. Browse through rates and exchanges to choose the star deal among myriads!

Swapzone Official links:

Website | Twitter | Reddit | Telegram | YouTube | Publish0x | Facebook | LinkedIn
October 7, 2021
The Bigger Crypture: AMA with Sparda Wallet’s Founder Chris and Co-Founder Chase

This Thursday, September 30th 7:00 pm UTC we had an amazingly fun and insightful Bigger Crypture AMA session with Chris and Chase – founders of the Sparda Wallet. Built on Zilliqa, this NFT wallet is a hidden gem for artists and creators who want their artworks to be sold.

The Bigger Crypture is a series where we dissect projects we support, worship and adore & get to know people behind them. In case you have no idea what Swapzone is, Swapzone is an instant crypto exchange aggregator. We empower projects built on blockchains especially when they have a noble cause as their mission. Sparda is one of these projects and for those who missed the session yesterday, luckily we have a recording of our joyful convo right here:

Don’t have time to watch the whole thing? No worries, we have the textual highlights here for you to get acquainted with the essentials of Sparda (but we really recommend you to watch the full stream: it was very inspiring and community questions were fire).

Presentation: What are the key focus areas for each of the founders?

Chris focuses on the code and platform.

Chase focuses on marketing and scope.

What is Sparda Wallet, the idea, the mission, how and when it all started?

Sparda Wallet is an AIO NFT platform built on Zilliqa empowering any user worldwide. The mission is to enrich as many artists and provide as many happy art receivers in a decentralized manner as possible. It al started from a Reddit post just around 3 months ago. Crazy, right?

Diving in: Why NFTs among the vast variety of things.

NFTs are new and have a huge future. Besides, Chris is a creator as well, so he wanted to build something he could use himself.

The 10 cent mints and low sales fees

This is one of the most amazing things about Sparda. And this is all possible because ZIL blockchain is great!

Why exactly Zilliqa and how ZIL reacted to the idea?

Well, the “why exactly Zilliqa” is pretty much self-explanatory given the previous pitch about low fees and the possibility of 10 cent mints. That’s cheap and there’re few (if any) blockchains that can indeed offer something similar to experiment with. Moreover, Chase is a ZIL maximalist so he wanted to take all ZIL’s potential out there and use it.

As for the reaction, ZIL community is great and active, it reacted very positively and made an effort to spread the word (and they still do, as we can see with this AMA happening).

Auctions: how did you feel about the first-ever auction, the most successful/remarkable ones

Amazing! No other comments, really. Always great to see people contributing and using Sparda.

Dr Death, Jeuz daehan, Dope – to name a few big ones.

Artists: to name a few, who are the biggest contributors

All of them! Grateful to each and every who gives Sparda a shot. There’s nothing to be afraid of, the NFTs are sold and there were cases when artists have never sold an artwork before and had an immense and insane success when selling on Sparda. Nothing’s impossible, just reach out and try.

Plans and roadmap: what else for 2021? Any wild goals for the future?

Bridge ETH NFTs – that’s the nearest. Selling1,000,000 NFTs would be awesome though. Let’s see what 2022 brings!

Marketing: what’s your attitude, challenges

Always be creative and active. That’s the core. Keep an eye on the market, sometimes create some drama, be easy to reach out to, talk and listen to your community. No real strategy but pure devotion and love towards what you do.

Thanks, Sparda Wallet! Will stay in touch:)

October 1, 2021
What Is the Next Crypto to Explode?
The adoption and popularity of cryptocurrencies have risen significantly worldwide due to the explosive growth of some cryptocurrencies, such as Bitcoin, Ethereum, Binance coin, etc. Over the years, Bitcoin has seen a fiery rise in value since its initial launch in 2010, which started at $0.0008 per token. Currently, Bitcoin has recorded an all-time high of around $64,863.10 per coin. Crypto investors and traders alike are now motivated to make the ultimate search for the next crypto to explode. So, which is the next crypto to explode in 2022? Let’s have a look at some promising and hyping projects.

Next crypto to explode: Dogecoin (DOGE)

In 2013, Dogecoin came to light as a meme coin. A joke aimed at traditional cryptocurrencies like Bitcoin. Likewise, the name and Shiba Inu brand logo revolve around a meme. Dogecoin possesses an unlimited supply of tokens with 10,000 new coins mined every minute, unlike BTC which is limited to just 21 million coins total supply.

Billy Markus and Jackson Palmer created the meme coin DOGE in December 2013 and even though it’s a meme token, it’s an open-source digital currency forked from Litecoin. As said earlier, Dogecoin was created and visualized as a fun light-hearted cryptocurrency. Twitter regulars will be more aware of several Elon Musk tweets proclaiming Dogecoin as his favorite.

Why can Dogecoin explode?

Here is the reason why Dogecoin could be the next crypto to explode. Dogecoin looks very promising in the sense that it has a very strong community, so strong that Dogecoin has one of the largest market caps in the market despite each token being less than a dollar. Dogecoin has found favor with celebrities, superstars, and CEOs such as Elon Musk. You can add Dogecoin to your watch list of cryptos set to explode in 2021.

Next crypto to explode: Solana (SOL)

Unlike other blockchains, Solana is an efficient open-source protocol supported with blockchain technology’s permissionless nature in providing Defi solutions. Although SOL has been in development since 2017, the Solana Foundation officially launched Solana crypto in March 2020. The SOL foundation headquarters is situated in Geneva, Switzerland.

Solana aims at providing a unique protocol to facilitate DApps creations and improve scalability by utilizing a Proof-of-History consensus and combining it with the underlying Proof-of-Stake consensus of the SOL Blockchain.

Why can Solana explode?

Here is the reason why SOL could be the next crypto coin to explode. Looking at which crypto is set to explode has us shining the spotlight on Solana. There is a reason why SOL token’s popularity is increasing exponentially and it is the ridiculously cheap transaction fees of just $0.00025. When you add that to the ability to mint NFT and create your own store on Solana combined with the lightning speed at which it processes transactions, you understand why Solana is being tipped as the next crypto to explode in 2022 and this is being proved in recent weeks.

Next crypto to explode: Zilliqa (ZIL)

ZIL crypto was built as a public permissionless blockchain with the ability to offer high-output and finalize thousands of transactions per second. Zilliqa provides solutions to blockchain scalability problems and speed using sharding as a second-layer scaling solution. Many DeFi apps make use of the Zilliqa platform and as of October 2020, yield farming and staking were also introduced to the platform.

In June 2017, the development team of Zilliqa officially started ZIL crypto creation and in March 2018, they were ready to launch the testnet. By 2019, the mainnet was ready and launched on the platform.

Why can Zilliqa explode? When will Zilliqa explode?

Here is the reason why the ZIL token could be crypto ready to explode. Zilliqa is a very ambitious blockchain that is aimed at large-scale businesses in advertising, gaming, and several other industries. Zilliqa wants to be their blockchain of choice and the team has started working rigorously towards that. They have even listed Mastercard and Visa as their prospective competitors. That is a hallmark of crypto ready to explode. When will Zilliqa explode? Well, we as much as the community, are eager to see the development of this project in 2022!

Next crypto to explode: Symbol (XYM)

The Symbol (XYM) crypto is branded as a blockchain protocol powered by a consensus system that offers rewards to users instead of hoarders; it features an extensible architecture via plugins instead of fixed opcodes as we have EVM.

The project became operational on the 17th of March, 2021, developed by the same core team that built the NEM protocol. NEM is well known for its efficient proof-of-importance algorithm. Thanks to the great reputation of NEM, Symbol (XYM) was able to build a strong community of developers, notably from Japan.

Some of Symbol’s big projects are Quest, a tipping platform created for streamers, and NFT-Drive, which is a blockchain storage system.

Why can Symbol explode?

Here is why Symbol could be the next crypto to explode. Symbol is instantly associated with NEM protocol because the team that built both are the same. As such, it was always going to gain popularity fast and along with that value increase. The Symbol has been able to build a strong community of ardent followers while being able to draw on the strength of the NEM community. That will make those in the NEM ecosystem interested in the XYM token making two strong communities. Moreover, having taken the best from NEM and built a better and more technologically advanced platform, Symbol could definitely be the crypto set to explode, so be sure to add XYM token to your watch list.

Next crypto to explode: Safemoon

Lastly, we have the Safemoon Protocol. Safemoon protocol is a Defi network centered around three functional features, which are Burn, LP Acquisition, and Reflection, according to its website. The Safemoon protocol combines the best of RFI tokenomics and auto-liquidity generation.

The community-driven Safemoon plans to further develop NFT market exchanges, fund-raising (Charity) projects, and educational applications.

More importantly, SFM token holders can earn as much as 80% APY depending on the number of tokens held. Thanks to its coin-burning function, there is the possibility that Safemoon will rise exponentially in value with time and could be among the crypto coins that are poised to explode in the future.

Why can Safemoon explode?

Here is why Safemoon could be the next crypto to explode. As we mentioned above, Safemoon is deflationary and that means over time the crypto will reduce in quantity and that can induce scarcity and overload the demand and supply curve to jack up the value of the token. Also, it looks like the Safemoon community is very strong, which is another hallmark of cryptos set to explode in the future.

Get the worth-watching coins on Swapzone

You can get all these next-to-explode cryptos on Swapzone, which is an exchange aggregator for the best crypto rates in the market. Diversify your portfolio with the cryptos set to explode by following this step-by-step guide:
1. Visit Swapzone and select the cryptocurrency pair and exchange you want or find the most profitable. You have the options above and you can choose any of them.
2. Input the number of tokens you want to exchange then you can select the crypto exchange that suits you by clicking on the “exchange” button.
3. Input the address where you want to receive your crypto.
4. There is also an option for a refund address, which is the address where the asset you are swapping will be refunded to incase of any issues.
5. Click on the “proceed the exchange” button to carry out the exchange.
6. You’re done with catching the next crypto to explode on Swapzone! Don’t forget to leave a review and rate the exchange partner!
September 22, 2021