The popular cryptocurrency YouTube channel Alcoin Buzz, Crypto comthe crypto currency of CROhe expresses that he really has a bullish potential and says that there are 3 main reasons behind it.
Environmentally Friendly, Fast and Cheap
According to the analyst’s statements on the subject, “Ethereum gas fees issues are back again and are killing the base price on many NFT and DeFi dApps.” it began with his words. Cronos offers the opportunity to help developers migrate their dApps to a cheaper, faster and scalable blockchain where users don’t have to pay heavy gas fees.
According to the analyst, thanks to the Proof of Authority Cronos, a greener, more streamlined and scalable consensus mechanism, secured by validators, provided for the consensus protocol.Yesilmaz
Numerous Examples of Use
As for DEFI, according to the crypto analyst Cronos, it allows users to make low transaction fees and fast transactions, get passive income, lend, borrow crypto. As for the NTTm, Cronos, NFTit allows them to demonstrate their status in the ecosystem.
In addition, since the company specializes in asset classes whose value increases over a certain period of time, the investor also expresses that there are various benefits to trading on Crypto com.
Finally, Altcoin Buzz, Cronos and Ethereum he cites Cronos Bridge, which will provide a decentral bridge for secure cross-chain transfers between:
With Cronos Bridge, users will be able to transfer assets using the Crypto com App, transfer assets using the Crypto com Exchange, and transfer assets from the Crypto org Chain with Cronos Bridge
Also see Cronos’ Crypto com DeFi Wallet and it is indicated that it will add options for the Crypto com Chain Desktop wallet. In addition, the bridge will also support CRO, ETH, WBTC, USDC, USDT and DAI.
The information contained in this article absolutely does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.