Cronos price
in TRY


About Cronos
Cronos’s price performance
Cronos on socials
Guides
More to explore
Cronos FAQ
The Cronos blockchain is popular among developers for building highly scalable applications, services, and products that communicate with other blockchains. Cronos is well-suited for developing DeFi applications and blockchain games.
CRO is Cronos blockchain's native utility and governance token. It is used to pay gas fees when completing Cronos network transactions. Additionally, CRO can vote on Cronos blockchain governance proposals and unlock different trading fee tiers on the Crypto.com centralized exchange.
Easily buy CRO tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include CRO/USDT, CRO/USDC, and OKT/BTC.
You can also buy CRO with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.
Swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for CRO with zero fees and no price slippage by using OKX TR Convert.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into CRO, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
Dive deeper into Cronos
Cronos is a blockchain launched in November 2021 by the cryptocurrency exchange Crypto.com. It is an Ethereum-compatible blockchain built with the Cosmos Software Development Kit (SDK), an open-source framework for creating Proof of Stake (PoS) and Proof of Authority (PoA) blockchains.
This enables Cronos to be compatible with the Ethereum and Cosmos blockchains, making it simple for Ethereum and Cosmos developers and users to migrate their projects or assets to Cronos and vice versa. Additionally, Cronos uses the Inter-Blockchain Communication Protocol (IBC), which allows it to communicate with other blockchains that use the same protocol.
Cronos was built to be scalable and interoperable without sacrificing usability. It also intends to communicate with other blockchains and enable users to transfer assets between Cronos and other blockchains in real-time. In other words, a Cronos-compatible blockchain user, such as Ethereum, can transfer tokens and other assets, such as non-fungible tokens (NFTs), from Ethereum to Cronos. They can also use their Cronos tokens on Ethereum.
Cronos' native ERC-20 token, CRO, is required for network transactions. It is also the network's governance token and can be used to vote on essential proposals that will shape Cronos' future. Furthermore, holding specific amounts of CRO tokens can qualify traders for different fee tiers when trading on Crypto.com.
CRO price and tokenomics
Cronos has a maximum circulating supply of 30 billion CRO tokens. All the Cronos tokens that will ever be in circulation were created along with the launch of the Cronos blockchain. This means no new Cronos tokens are being created, and no more can be mined. At the time of writing, there are currently 25 billion CRO tokens in circulation. This represents approximately 83% of the total supply.
While the total supply of CRO tokens was initially intended to be 100 billion tokens, the Cronos team conducted one of the largest token burns in blockchain history ahead of the launch of the Cronos mainnet. In an attempt to further decentralize the Cronos blockchain, 59.6 billion CRO tokens were burnt on February 22, 2021. In addition, another 10.4 billion CRO tokens were locked into a monthly vesting contract. As these tokens are released, they will be automatically burnt.
These sustained token burns aimed to address centralization and supply issues. The CRO token burn brought the circulating supply from a mere 24% to over 80%, considerably diluting the token supply and allocation. This helps to decentralize the CRO token and reduce the supply. This newfound token scarcity caused a surge in CRO price and renewed the token's demand.
About the founders
The Cronos network is a product of Crypto.com, a centralized exchange operating under Monaco Technologies GmbH, initially founded in 2016 by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao. The team brings many industry experiences, with a global background from Europe and China. Before founding Crypto.com, Marszalek had founded an e-commerce firm and a design and manufacturing company focusing on consumer electronics.
Or came from an engineering and computer science background, with over nine years of experience as a full-stack software engineer. Meanwhile, Melo and Bao bring experience from traditional financial and investment industries. Together, the well-rounded team launched Crypto.com, which led to the further development of the Cronos Blockchain.
Although still relatively young, the Cronos blockchain has seen massive adoption since its launch. According to Cronos Managing Director Ken Timsit, in less than three months after launch, Cronos processed 12 million transactions and had almost $2 billion locked in various services and protocols across the blockchain.
Disclaimer
OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

