CoinSpot Cryptocurrency Exchange
- Buy 250+ cryptos
- Range of payment methods
- 0.1% market order fee
- 1% instant buy fee
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Crypto.com (CRO) – formerly known as Monaco (MCO) – is a retail cryptocurrency ecosystem that primarily offers buying and selling, an exchange, payments, staking (interest earning) as well as a signature range of Visa Cards that can be used to spend both cryptocurrencies and fiat. CRO is the native token of the crypto.com app and gives holders a variety of benefits such as cashback on card purchases, high-interest staking rewards. A certain amount of staked CRO tokens are also required to open a crypto.com VISA Card account.
Let’s take a closer look at how CRO functions and how you can buy CRO in Australia.
You can buy and sell CRO on a number of popular cryptocurrency exchanges, including the following:
If you want to buy CRO tokens, here’s what you need to do:
Search for a crypto exchange that lists CRO in one or more currency pairings. Once you’ve found a suitable platform, register for an account. You’ll need to provide an email address and password to sign up, while some exchanges may also require your full name, contact details and proof of ID before allowing you to trade.
Don’t forget to also enable two-factor authentication on your account before making any deposits.
At the time of writing (January 2018), no crypto exchange allows you to exchange Australian dollars (AUD) for CRO directly. As a result, you’ll have to first acquire a currency that’s available in a pairing with CRO, such as bitcoin (BTC) or Ethereum (ETH), before you can exchange it for CRO.
To deposit funds, log in to your account and click on the “Deposit” button to generate a wallet address. You can then transfer funds into your trading account from whichever exchange or wallet is holding your coins.
The final step is to exchange your BTC, ETH or other cryptocurrency for CRO. The buying process varies between exchanges, but you’ll usually have to search for your chosen pairing (such as BTC/CRO) and then click on “Buy CRO”. After entering the amount of CRO you want to buy, review the full details of the transaction and finalise your purchase.
If you want to sell your CRO tokens, you can do so by essentially following the same process as outlined in step 3, except in reverse. However, it’s worth remembering that crypto exchanges don’t list every possible currency pairing, so it often won’t be possible to directly exchange CRO for the currency you want.
For security purposes, you should never store cryptocurrency holdings on an exchange; you’ll need to find a secure wallet you can use to store your CRO. As CRO is an ERC20 token on the Ethereum blockchain, you’ll need to choose an Ethereum-compatible wallet such as one of the following:
Based in Hong Kong and founded in June 2016, Crypto.com aims to help bring cryptocurrency into the mainstream. It does this by providing prepaid Visa cards that can be topped up with BTC and ETH as well as fiat currency that can be used anywhere Visa is accepted.
The card can be topped up via bank account transfer, bank account linking, credit/debit card or cryptocurrency transfer. Crypto.com says it offers the following benefits to users:
There are four different cards available:
Crypto.com has plans to roll its cards out globally; Asia is the first step, followed by Europe and then North America. An CRO token sale was held in May and June 2017, raising US$26.7 million in funds.
Crypto coins and tokens are complex, speculative and risky, so it’s essential that you thoroughly research any cryptocurrency before buying. If you’re thinking of purchasing CRO, make sure you consider the following factors first:
By taking all of these factors into account, you’ll be able to make an informed choice about whether to buy CRO.
A Green Loan from Handypay could help you make your home more energy-efficient. Handypay green loans are available up to $75,000 on terms of up to 10 years.
There’s been over 25,000 power outages across Victoria. Home insurance can reimburse you for the food that’s gone to waste. Find out who here.
If you're after a low-cost mobile with a quality display, the TCL 20SE is appealing, but you'll otherwise be left wanting for app performance, camera quality and battery life.
The 10 biggest movers on the ASX for Tuesday 15 June 2021.
Bargain hunters - get ready to save on Nike, New Balance, Cotton On, Tommy Hilfiger, Calvin Klein and so much more.
From home speakers to robot vacuums, these are the items to watch out for this Prime Day.
We've got a cheeky 30% off at THE ICONIC so here are the staple items worth a splurge because the savings are too damn good.
THE ICONIC's massive sale is exclusive to Finder members and applies to over 40,000 must-have items.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money here.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.