Crypto.com Coin Soars 16%, New Exchange Announced
bitcoinist.com
Crypto.com, a digital currency-based platform from Hong Kong, has recently announced the launch of its beta crypto exchange, with plans to make it one of the top 10 exchanges within 5 years. According to Crypto.com, the purpose of the exchange — apart from providing a platform where users can buy and sell coins — is to help drive the mass adoption of the emerging asset class.
The new platform will utilize Crypto.com’s native cryptocurrency, Crypto.com Coin (CRO), to provide a number of benefits to users, such as a fee discount, better execution prices, and increased liquidity. The token has reacted positively to the announcement of Crypto.com’s new beta exchange launch, surging by around 16.01%.
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