How does Cronos operate?

Cronos operates on a shared ledger that facilitates the trading of various assets, including stocks and cryptocurrencies.

What are the technical characteristics of Cronos?

Cronos is an open-source blockchain network that allows participation from anyone interested in its development.

What are the risks associated with transferring Cronos (CRO)?

Digital asset prices can be volatile. Users should verify asset and network before transferring assets.

How can I verify the acquisition of Cronos (CRO)?

Verify the asset name, network, and destination details before transferring. Understand that transfers may be irreversible.

Where can I find official resources for Cronos?

Official resources for Cronos can be found on their website at https://cronos.org/.

Cronos (CRO)

Rank #29

Market snapshot

Price: $0.060064
Market cap: $2.9B
24h volume: $13.6M
Circulating supply: 48,511,180,121.4087
Total supply: 98,877,851,909.9707
Max supply: 100,000,000,000

What is Cronos?

Cronos is a blockchain network where stocks, crypto, and prediction markets trading settle on a shared ledger. The native asset, CRO, plays a role in aligning the participants of the network.

How Cronos works

Cronos functions as a blockchain network that enables the trading of various assets including stocks and cryptocurrencies. Transactions are recorded on a shared ledger, which is accessible to all participants. This structure supports the operation of the network, allowing for the settlement of trades and other financial activities.

Key information

Symbol: CRO
CMC rank: #29
Network / platforms: Cronos, Cronos zkEVM Mainnet, Ethereum, Osmosis
Categories: N/A
Date added: Dec 14, 2018

Token contracts on other networks

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Ethereum
0xa0b73e1ff0b80914ab6fe0444e65848c4c34450b
Osmosis
ibc/E6931F78057F7CC5DA0FD6CEF82FF39373A6E0452BF1FD76910B93292CF356C1
Solana
DvjMYMVeXgKxaixGKpzQThLoG98nc7HSU7eanzsdCboA

Key characteristics

Cronos is open-source, allowing anyone to participate in its development and improvement. It is categorized under several tags by CoinMarketCap, including layer-1, centralized exchange, payments, medium of exchange, and mobile.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Cronos (CRO)?: Cronos (CRO) is a blockchain network designed for trading stocks, cryptocurrencies, and prediction markets.
How does Cronos operate?: Cronos operates on a shared ledger that facilitates the trading of various assets, including stocks and cryptocurrencies.
What are the technical characteristics of Cronos?: Cronos is an open-source blockchain network that allows participation from anyone interested in its development.
What are the risks associated with transferring Cronos (CRO)?: Digital asset prices can be volatile. Users should verify asset and network before transferring assets.
How can I verify the acquisition of Cronos (CRO)?: Verify the asset name, network, and destination details before transferring. Understand that transfers may be irreversible.
Where can I find official resources for Cronos?: Official resources for Cronos can be found on their website at https://cronos.org/.

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