What is Cronos (CRO)?
Cronos, previously known as Crypto.com Chain, is an open-source blockchain for all things decentralized-related, from DeFi, payments, to GameFi and NFT. The chain belongs to Crypto.com and is one of the solutions that the exchange offers to the public.
Since its introduction in 2020, the blockchain has gone through a complicated process of rebranding and name changing. First, it was named Crypto.com Chain then it was changed to Cronos in February, 2021. Please keep in mind that there is also the Crypto.org Chain that also belongs to Crypto.com and runs parallel with Cronos. Cronos is to Crypto.org Chain as BEP-2 Chain is to BEP-20 Chain.
How Cronos (CRO) Works
As Cronos is the first EVM blockchain built using Cosmos SDK, it implements the Proof of Authority (POA) algorithm like Cosmos. POA is actually a modified version of POS and works quite similarly to POS, but with POA, new validators need the agreements from current validators to be admitted to the network.
To become a validator in Cronos, apart from having to get the thumbs-up from existing validators, you also need two different tokens, CRO and Cronos Staking Token. The former will be rewarded to validators as a cut from users’ transaction fees and the latter is required for governance and voting.
How Many Cronos (CRO) Tokens Are in Circulation?
The initial total supply of CRO was 100 billion, but a lot was burned, so the current total supply of CRO is 30.3 billion. The current circulating supply of CRO is 25.3 billion.
How to Buy Cronos (CRO)
Consider investing in Cronos (CRO)? It only takes 2 minutes to create an account on Bitget and start trading CRO.
Check out the available CRO trading pairs on Bitget!
Spot market
Cronos (CRO) Resources
Simple 3-step guide to buying CRO today in Peru
Create your free Bitget account
Select a funding method
Complete your Cronos purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Cronos using a payment method of your choice:
Buy Cronos with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Cronos order.
How to buy crypto with credit/debit cardBuy Cronos with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Cronos is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Cronos order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Cronos order.Buy Cronos with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Cronos order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Cronos in your Bitget spot wallet
Bitget—where the world trades Cronos
How to buy Cronos for free
- Learn how to earn Cronos for free through the Learn2Earn promotion
- Earn free Cronos by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Cronos airdrops by joining On-going challenges and promotions
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FAQ
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Located on the Pacific coast of South America, Peru is the third largest country in the continent, boasting a population of 32 million. Lima stands as both its capital and biggest city and is home to almost a third of the country’s entire population, overlooking Peru’s scenic western coast while serving as the nation’s political, financial, commercial, and cultural hub.
If you’re a fan of the great outdoors, Peru is perfect for those looking to experience a diverse range of biomes, spanning from the Pacific Ocean by the west to the famed Andes mountains running from north to south and finally to the Amazon Rainforest and River located in the east.
Economically, Peru is also one of the region’s most prosperous countries, reporting an average growth rate of 5.9% in 2017 and an industrial growth rate of 9.6% as of 2018. It forms part of an economic group in Latin America known as The Pacific Pumas and also actively partakes in the Asia-Pacific Economic Cooperation forum, the Pacific Alliance trade bloc, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and the World Trade Organization.
Peru’s national currency is the Sol (PEN), and with direct support from Bitget, you can purchase Cronos(CRO) in a matter of minutes, whether you’re in Lima, Arequipa, Trujillo, Chiclayo, or elsewhere in the country. Our exchange uses a variety of secure methods including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and numerous credit cards to offer you plenty of payment options with proven security.