How is Cronos (CRO) token linked to exchange?

Be the First to Comment Read

How is Cronos (CRO) token linked to exchange?

Follow us on Google News:
 How is Cronos (CRO) token linked to exchange?
Image source:


  • BNB, linked to Binance is among top five assets, and CRO, linked to among top 20
  • CRO functions within Cronos, which claims has multichain interoperability
  • CRO price has remained subdued so far this year, mirroring the trend in other major cryptos

BNB is one of the top five assets on CoinMarketCap list, and its high market cap arguably owes to the token’s link with Binance exchange.

Another asset, Cronos (CRO), linked to exchange, has yet to become as big as BNB, but since it is ranked among top 20, it may be time to know more about it.

How is Cronos linked to

CoinMarketCap states that the CRO token is the reincarnation of coin. The name Cronos comes from the blockchain network, which is a part of the ecosystem. Cronos is said to be interoperable between two major networks, Ethereum (ETH) and Cosmos (ATOM). website mentions that CRO is the medium of exchange within Cronos. It is also highlighted that Cronos comes with “multichain” interoperability feature, besides having IBC facility. Cronos, the project claims, is an energy-efficient network as compared with proof-of-work networks like Bitcoin.

Also read: Dogelon Mars rises: Are Binance listing talks fueling ELON token surge?

What is CRO token's price?

As of writing, Cronos crypto’s trading volume had gained over the past 24 hours, but it did not translate into price gains. CRO token traded at nearly US$0.4.

Over nearly four months of this year, CRO token has traded in red after having begun with US$0.56 on January 1. The price even dipped to under US$0.35 in late-January.

CRO token price

Data provided by

Bottom line

CRO token has links with, similar to BNB having links with Binance. Though is a popular crypto exchange, it has not translated into a decisive bull-run in the price of CRO token. I

n the blockchain network space, Cronos is highlighting interoperability and low carbon footprint aspects. Considering its volatility, CRO token price prediction for the near-term could be speculative.

Also read: MDT crypto rises: What is Measurable Data Token ecosystem?

Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.


Featured Articles

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK