The cryptocurrency craze of 2017 brought us new high-flying companies and a slew of new investors, both old and new. It also brought us the opportunity to learn more about blockchain technology and what it can do for our world. Even the most seasoned investors have an uphill battle when it comes to understanding how crypto works or what the best investments are.
Crypto.com, formerly known as Monaco.
The first cryptocurrency in the world, Crypto.com, formerly known as Monaco, allows users to manage all of their assets in one location and provides a wide range of complimentary fiat and cryptocurrency financial services.
Through its mobile app-based crypto wallet, which enables you to buy, sell, exchange, and transact with cryptocurrencies at your discretion, Crypto.com offers a safe way to earn cashback and spend cryptocurrencies.
Services include a mobile app-based crypto wallet, cashback on every transaction using its native cryptocurrency, the CRO Token.
- Crypto.com offers mobile app-based crypto wallet (Crypto Wallet), cashback on every transaction using its native cryptocurrency CRO Token (Crypto Cashback), and virtual and physical cards (Crypto Cards), allowing users to spend cryptocurrencies anywhere in the world.
- The company’s digital card features include: zero annual fees, 24/7 concierge service, airport lounge access, hotel bookings with partners like Hyatt Hotels & Resorts and Marriott International Inc., free ATM withdrawals worldwide with no limits or surcharges from any ATM operator worldwide through Visa network; zero foreign exchange fees for all transactions; real-time notifications of PIN resets as well as account activity including purchases made online or offline through Stripe Connect API integration; detailed transaction history with corresponding charges; up to 3% cashback rewards on all transactions made via Crypto Wallet app (up to $300 per year) that can be used for future purchases at partnered merchants such as Uber, Amazon Prime membership dues etc.; free use of digital payment cards anywhere Mastercard is accepted globally by over 30 million merchants
Cronos Blockchain is a native blockchain of the Crypto.com Chain.
Cronos Blockchain is a native blockchain of Crypto.com Chain, aiming for high-performance payment settlement and user data management for various applications on the platform.
- Payment Settlement: Cronos Blockchain aims to be the first public chain to provide large-scale payment transactions in real-time. It will support multiple protocols, including lightning network, atomic swap, and cross-chain payment protocol.
- User Data Management: With user permission, Cronos Blockchain provides decentralized data management solutions to enable users to take full control of their personal information (e.g., private keys) in a secure way; or provide opportunities for various applications (e.g., merchants) access to users’ encrypted data through open APIs by offering different levels of authorization based on KYC/AML requirements or other factors such as age group.
- Decentralized Exchange: Cronos Blockchain offers a decentralized exchange (DEX) that allows users to trade cryptocurrencies and digital assets without having to rely on centralized intermediaries. It supports multiple trading pairs and provides the option to create new ones. The exchange is built on top of Cronos Blockchain’s proprietary distributed ledger technology (DLT) network, which supports smart contracts and provides a high level of security, privacy, and scalability in the transaction processing process.
Crypto.com provides a secure way to earn cashback.
Crypto.com is a global cryptocurrency payments and trading platform that offers a secure way to earn cashback and spend cryptocurrencies through its mobile app-based crypto wallet and virtual or physical cards.
It is the first cryptocurrency to offer a wide range of complementary fiat and cryptocurrency financial services, such as buying, selling, storing, and spending digital assets, in more than 100 countries around the world.
The company’s vision is to make all types of currency borderless so people can live an easy-going life without being hindered by borders or other restrictions while enjoying their purchasing power anywhere in the world.
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