Negative Crypto.com Coin opinions
Summary:
So far,2 of opinions have been recorded for Crypto.com Coin. These opinions are not investment recommendations but the community's perspective on Crypto.com Coin. Please do not make a purchase decision based on these Crypto.com Coin opinions.
Submit your opinion
We look forward to an honest and authentic assessment of this crypto currency.
Crypto.com Coin opinion #1
The CRO Token is actually a 2018 and ERC-20 based utility token from crypto.com. Therefore this coin was very popular with crypto.com users.
Comparable to the BNB tokens from Binance, which have been available for some time now, this token is intended to offer various benefits and privileges depending on the size of the stake portfolio.
Due to a management decision to combine the well-known advantages of CRO tokens with the stable value of MCO, the CRO token will now be phased out and only the MCO will be used in the crypto.com ecosystem.
Centralised tokens, which are only bound to one company, are therefore always a risk for longer-term investments. My prognosis for CRO therefore looks bleak. It is because the utility token will only exist and have value as long as the issuing company holds on to it.
Therefore I see the price of the token at 0 Euro in the longer term. However, the company is offering all users a good exchange value for the MCO Token during the transition period.
The past benefit in crypto.com before the swap to MCO justifies a 4 to 5 star rating. But since the end is in sight, unfortunately only 2 stars.