One of the pioneering payment and cryptocurrency platform – Crypto.com, announced that its Crypto.com Chain Token (CRO) will be listed on the newly launched Bithumb Global.
According to the blog post, The deposits will begin today and trading will start from tomorrow, June 4, 2019.
Basically, Bithumb Global is a digital asset exchange introduced by Bithumb to reach markets outside of Korea, where market penetration ranks highest in the world. Moreover, It provides fiat-to-crypto pairings and supports multiple fiat currencies and stable coin conversion and trading.
Kris Marszalek, Co-Founder and CEO of Crypto.com said:
“We are pleased to be one of the first tokens to be listed on Bithumb Global. Also, Bithumb is a leading exchange and we are grateful for their support of our vision of cryptocurrency in every wallet.”
Javier Sim, Director of Bithumb Global Holdings, said:
“The launching of Bithumb Global is a key milestone in Bithumb’s vision to expand globally, and as such, Bithumb Global will channel our combined resources to provide first-class products and high-quality digital asset trading services to users around the world. Also, We are pleased to have Crypto.com’s CRO as one of our first tokens listed.”
Apart from this Crypto.com Pay plans roll-out to 100,000+ locations in 2019. The platform also announced enable instant cryptocurrency payments on existing merchant payment rails.
Crypto.com Chain Token (CRO) uses a high-performing native blockchain enabling Crypto.com Pay. It allowing users to pay or get paid in crypto, anywhere. Moreover, While customers reap generous cashback rewards through Crypto.com Pay, merchants also benefit from greatly reduced processing fees and near instant settlement.
According to the blog post, neither merchants nor customers pay any fees. Also, Customers will be able to pay with all 25+ cryptocurrencies supported by Crypto.com, including Bitcoin and Ether. Additionally, customers paying with the CRO Token will receive up to 20% instant cashback.