Crypto.com (CRO): Everything you may have missed
After launching its mainnet earlier this year and its NFT platform in March, Crypto.com has surely impressed the community with its spectacular progress. The news around the project continue grabbing the attention of the audience, especially in the recent weeks. Now, here is a recap of the latest news surrounding Crypto.com!
Please note: This article is brought in partnership to you by Crypto.com. By their nature, crypto investments present an inherent risk. Be sure to carry out your own research, and do not invest beyond your financial means. This article does not constitute investment advice.
The Crypto.com exchange is now available on mobile
On 15th June, the Crypto.com platform officially announced that the highly anticipated mobile version of the Crypto.com exchange has been officially launched. It is available for download on Android and iOS on the App Store and Google Play.
This app is designed to be intuitive and gives users access to such key features as:
- Trading Capabilities
- Lending (crypto lending)
- The Syndicate, the fundraising platform powered by its CRO token
- Sponsorship program
- Supercharger, its liquidity mining platform
Crypto.com is opening up the platform to a new, mobile audience, giving them the opportunity to discover cryptocurrencies, while its existing users can still access it from anywhere in the world.
Crypto.com is planning global institutional expansion with Fireblocks
On 17th June, Fireblocks announced that it has integrated Crypto.com into the Fireblocks Network, planning to expand the platform by presenting it to the institutional investor market.
This integration will allow Crypto.com to expand their reach to over 400+ institutional investors through the Fireblocks Network, which includes some of the biggest global banks, liquidity providers, OTCs desks, hedge funds, and asset managers.
The Fireblocks network has grown by 627% since its launch in 2020. It currently exceeds $700 billion (~£503.65 billion) in transfer volume, making it a key partner for Crypto.com.
“Being onboard the Fireblocks Network will allow Crypto.com to increase the company’s institutional trading volume, and overall presence at a global level”, said Eric Anziani, Chief Operating Officer of Crypto.com
The Crypto.com exchange features the fastest trade matching engine in the industry, supporting 2.7 million transactions per second, ultra-low core latency of 50 microseconds, and 5ms end-to-end latency for consumers.
Crypto.com Tax Adds 2-Factor Authentication and SHIB Deposits
On 18th June, Crypto.com announced that Crypto.com Tax now supports 2-Factor Authentication (2FA) and SHIB deposits, in addition to over 1,300 other tokens.
The 2FA measure provides Crypto.com Tax users with an extra layer of security, further protecting the information that they submit to and export from the platform.
This platform enables users to quickly generate accurate and organised tax reports for free.
It is designed to meet the tax requirements of supported jurisdictions, currently including the United States and Canada. More jurisdictions will be available soon.
Now, you can tax your crypto easily using the free Crypto.com tax report generator!
Crypto.com has obviously been very diligent in continuously improving its exchange platform. It’s safe to say that Crypto.com knows how to make yourself seen. Besides, they know how to maintain their community’s trust by providing them with regular news and announcements, demonstrating their great ambitions for the future of the platform.
Fervent adepte de la cryptosphère depuis 2017, je suis pleinement impliqué dans la révolution moderne que représente cette nouvelle industrie.
En tant que Rédacteur, je me plais à y jouer un rôle différent, éducationnel et informatif, en vue de la démocratisation et vulgarisation de cet univers.