Crypto.com Chain is a new project launched by the Hong Kong-based transaction and cryptocurrency platform Crypto.com. This chain has its very own coin called crypto.com chain tokens or CRO. These tokens allow their users to make cryptocurrency related payments to an unlimited number of global merchants.
The main agenda of the company is to make their token or CRO a common currency that allows the conversion of cryptocurrency to fiat currency at a much-reduced cost. With a global potential, the Crypto.com team hopes to collaborate its ambitions with adoption support, which benefits them in any way.
CRO tokens first surfaced in the media in late 2018 and then again in 2019 when the price of the coin rocketed so much that it made it to the top 50 positions on the CoinMarketCap’s ranking. This coin has great potential and agenda to create a platform for profitable exchange, and in this post, we will be looking at a step-by-step overview on how to purchase a CRO token with the OKEx exchange.
Step 1. Deposit in your OKEx account. OKEx requires users to make an account before actually trading, but one can always go to the charts and look at all the coins OKEx accommodates on its platform. After creating the account, set your security measures and always go for a 2FA. Now that you have set everything up, get ready to drop that deposit to your account.
Step 2. Click on ‘Account’ on the top right side of the page and then locate the ‘My Wallet’ tab. Click here to manage your funds and tokens. You will see a list of cryptocurrency appear in the My Wallet section, choose the type of currency you want to deposit.
Step 3– After being redirected to a Token Deposit page, copy the address to transfer your desired currency, preferably Ethereum, that offers reasonably low rates to trade for the CRO.
To confirm every once in a while, you can go through the History or All Records.
Step 4– Once you have transferred your funds, you can go back to the ‘My Wallet’ section to confirm once again. You can also transfer fiat currency to the wallet to purchase the Ethereum. After depositing your funds, go back to My Wallet to check your balance.
You can visit ‘History’ if you want to review every transaction.
Step 5– Now trade your Ethereum for a CRO. OKEx has four main trading categories. These are C2C, Index, Token, and Future trading. Here, your trading funds will be divided into four different accounts to minimize risks associated with major investments.
Now trade your Ethereum for the CRO token. Navigate ‘My Wallet’ and type in the option CRO/ETH, and then click on ‘Transfer’ to go through with it.
Step 6– Pick the trading account and then click on the “Confirm’ button to complete the transaction.
Congratulations! You have just purchased your very first Crypto.com coin CRO.
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