How to Buy Cronos ID Crypto (CROID)

How to buy Cronos ID Crypto

What is Cronos ID (CROID)?

According to Coingecko, Cronos ID is : Cronos ID is a decentralised identity and communication layer built on Cronos chain. On a broad level, Cronos ID will give users the ability to send and receive information on-chain, powered by human-readable identifiers. To achieve this, Cronos ID is powered by 3 key subprotocols: * Starting with our Domains, every user will have a unique on-chain identity, allowing you to find friends and exchange crypto with ease * The Notifications service will help the community keep track of key protocol events, alerts, NFT bids and more - gone are the days of manually checking your DApps for bids or collateral factors. * Finally, by leveraging Messaging, users and projects will be able to connect and communicate with each other in a safe and verifiable environment. Tokenomics & Utility $CROID is Cronos ID’s native and governance token to be utilised in Cronos ID’s broader ecosystem. 1. Domain Subscription Module Users may utilize this module to register or extend their ownership over specific domains. Users will pay in $CRO or $CROID, the native underlying chain and native protocol tokens respectively, and may receive discounts based on the durations of their domain registrations 2. Rewards Pool Cronos ID domain holders can deposit their $CROID into maturity vaults to earn $CROID rewards. Users can choose between a 1-month, 9-months, 24-months, and 48-months maturity vaults to lock their $CROID. They will be rewarded with $CROID and $wCRO as staking rewards. Cronos ID concluded its public sale on Nov 17th and started its emission on Nov 18th. $CROID is currently available for trading on VVS Finance at https://vvs.finance/swap Read more about Cronos ID at https://docs.cronosid.xyz/

Where can I buy CROID Crypto?

The best website to buy Cronos ID is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Cronos ID on Simpleswap

To buy Cronos ID on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select CROID, just like in this example:

Buy Cronos ID on Simpleswap

Once you selected the currency you want to pay in, and CROID, you need to paste your respective wallet address where you want to receive your CROID.

With Simpleswap, you'll receive your Cronos ID directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Buy Polygon on Simpleswap

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Check out Cronos ID links:

Please make sure you read our Disclaimer. We are not financial advisors.

logo

© Copyright 2024 | The Crypto Gem | All Rights Reserved |