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How to buy Cronos (CRO)
Learn how to buy Cronos (CRO) in our step-by-step guide.
You can buy Cronos (CRO) on a cryptocurrency exchange like KuCoin. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Crypto.com Coin (CRO) is the native coin of the Crypto.com blockchain. Here's how to buy Cronos.
How to buy Cronos in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
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Compare crypto exchangesThe easiest way to buy Cronos is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
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Create an accountTo create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
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Make a depositOnce verified, you can deposit using the payment method that best suits you – bank transfer, cryptocurrency, PayPal and debit/credit cards payments are widely accepted.
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Buy CronosYou can now exchange your funds for Cronos. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Cronos to your personal wallet.
Where to buy Cronos
Find an exchange to buy, sell and trade CRO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
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How do I find the best places to buy Cronos?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Cronos?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Cronos.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing CRO with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy Cronos?
Once you've created an account, you will need to deposit funds to buy CRO with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to to buy CRO:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase CRO by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for CRO on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Cronos?
The easiest way to buy CRO is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Best Cronos wallets to store your CRO
You can keep your CRO on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your CRO below.
Ledger Nano X Wallet
★★★★★ 4.6
Price (USD)
$149
Supported assets
5,500+
Trezor Model T Wallet
★★★★★ 4
Price (USD)
$219
Supported assets
1,456+
Ledger Nano S Plus Wallet
★★★★★ 4.5
Price (USD)
$79
Supported assets
5,500+
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Is Cronos a good investment?
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.
Today's Cronos price versus ATH
Compare today's price of Cronos ($0.081625 USD) against its all-time high (ATH) price of $0.965407 on November 24, 2021. The closer the bar is to 100%, the closer CRO is to reaching its ATH again.
Current price: $0.081625
All time high: $0.965407
How do I trade, convert or sell Cronos?
You can convert or sell your CRO with the same exchange you bought it through:- Sign in to the exchange you have CRO on.
- If you store your Cronos in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of CRO you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Cronos.
- Complete your transaction and move your CRO to a wallet for storage.
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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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