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With a market cap of $3,659,182,932.00 USD, Cronos ranks as the 42nd largest cryptocurrency by market capitalization in the world. It operates on the Crypto.com Chain blockchain network. It is currently trading at a price of $0.095 USD per coin and trades using the cryptocurrency code CRO.
Cronos is a highly volatile asset capable of major price swings in a single day. So before you buy Cronos, make sure you understand these unique risks as well as its tax and legal status in Canada.
If you want to buy Cronos in Canada or track its performance, keep reading to see the latest CRO price, market cap and trading volume along with a step-by-step guide on how to invest in CRO crypto in Canada.
| Current price | $0.095 |
|---|---|
| All-time high | $0.97 |
| All-time low | $0.012 |
| 1-year price change | ▼ -43.12% |
| Market cap | $3.66B |
| Market cap rank | #42 |
| Total volume (24h) | $17.33M |
| Circulating supply | 38,547,131,526 |
| Max supply | 100,000,000,000 |
| Network | Crypto.com Chain |
| Where to buy CRO | Buy on Kraken |
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
The whole process of buying CRO can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy Cronos in Canada:
The easiest way to buy Cronos is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.
To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.
Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.
You can now exchange your funds for Cronos. On beginner-friendly exchanges, this is as simple as searching for the coin name (Cronos) or its crypto code (CRO), entering the CAD or CRO amount you want to purchase and clicking "Buy."
Consider transferring your CRO to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.
We've curated a list of legitimate crypto exchanges below where you can buy Cronos in Canada to help you compare deposit methods, supported fiat currencies and fees.
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
The recent Cronos (CRO) price is $0.095 USD per coin, which is +5.12% higher than the previous day's trading price of $0.090 USD. Over the past 30 days, CRO's price has changed by -11.85%, from $0.11 USD to the current price of $0.095 USD. Compared to this time last year, Cronos's price has seen a decrease of -43.12% to its value as a cryptocurrency.
Cronos reached its all-time high of $0.97 USD on November 24, 2021, which was a +7,865.67% increase from its previous all-time low of $0.012 USD, which it reached on February 8, 2019. It has since landed at its current price of $0.095 USD.
Yes, you can buy Cronos in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Cronos—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports Cronos and is a registered crypto exchange in Canada.
Because Cronos is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.
Crypto.com Coin (CRO) is the native coin of the Crypto.com blockchain. Initially launched as an ERC-20 rewards token on the Ethereum network, CRO has since been migrated to the platform's network.
While Crypto.com is itself a cryptocurrency exchange, Crypto.com Chain aims to help solve blockchain usability issues, giving merchants the ability to accept cryptocurrency as a means of payment. CRO is at the centre of crypto.com's ecosystem of products.
Crypto.com Chain aims to allow businesses and individuals to checkout, invoice and pay for goods and services using CRO, stable coins and fiat through the Crypto.com wallet app.
CRO was launched in 2018. Its unique features include giving you the ability to stake your coins for rewards on the exchange or within the company's DeFi wallet through a listing of blockchain validators. You can also get a cashback percentage by paying select merchants in CRO.
CRO is also available on the company's DeFi Swap. The platform's incentive program is powered by CRO and includes contributing to liquidity pools for staking rewards.
To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.
If you want to buy Cronos with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.
This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.
KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.
Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Cronos with a credit card, you should be aware of the additional cost and risks involved.
For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.
For example, if you were to use a credit card to buy Cronos, you could end up paying this:
If it took you three months to pay off your Cronos purchase at a credit card interest rate of 19.99% APR, you would pay an additional $4.89 USD in interest on top of what you originally paid to buy Cronos.
This example can help you compare the relative cost of buying Cronos with a credit card versus other lower‑fee methods like Interac e-Transfers.
You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Cronos, or visit our guide on buying crypto with a credit card for more details.
Yes, it is possible to buy Cronos with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.
To buy Cronos with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.
Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.
The price of CRO is influenced by a number of factors. Investors should be aware of risks, including high volatility, generally associated with cryptocurrencies before making a purchase
CRO is the native token powering the Crypto.com ecosystem. As such, CRO's price is correlated with the adoption of the Crypto.com exchange and the underlying blockchain
CRO is used as a way to reward participants through various staking schemes and cashback offers via the company's credit cards and merchant solutions
While CRO and the Crypto.com Chain aim to solve a number of usability problems associated with accepting cryptocurrency as a means of payment, it is yet to be seen if the company's unique solutions will translate into increased adoption
There are two main options for storing Cronos once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.
While it can be more convenient to leave your Cronos on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.
It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.
Like all crypto, Cronos is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.
Money you get from selling Cronos can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual Cronos buyer than if your crypto profits are classified as business income.
You can learn more about how crypto taxes work in our guide to crypto tax in Canada.
Keep in mind that buying Cronos can be risky. But if you decide to invest in Cronos, look for a regulated crypto exchange in Canada that supports CRO, and make sure to store your crypto securely.
Once you've bought Cronos, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Cronos's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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