mistergrin posted on December 03, 2019 01:02:23
CRO is like the sibling of the older MCO token. MCO you can use to stake for the Crypto.com debit card, but now they are rapidly adding more and more use cases for the CRO token.
Particularly, on their new Crypto.com exchange, you can stake CRO to get discounts on your trading fees just like BNB. Additionally, they are launching the Syndicate or their IEO platform and CRO token holders can get priority allocations and large discounts on projects that list on that platform. I'm a huge fan of their IEO platform model since they don't charge projects huge fees to list. It's free to list, they just have to give large discounts to all CRO holders who also want to buy their project's coins. This is a win-win model, much more reasonable compared to Binance's model of charging tens of thousands for projects to list. Finally all coins that will be added on the Crypto.com exchange will have trading pairs with CRO. This is adding huge liquidity to that coin.
I own a little bit of CRO currently but now I'm even more bullish for it in the future!
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