Indonesia’s Indodax Crypto Exchange Lists Crypto.com CRO Token and Surges 145% in a Few Hours
Crypto.com Chain-Token (CRO) continues to expand in the crypto market and all over the world. This time, the digital currency has been listed on the Indonesian cryptocurrency exchange Indodax. The platform decided to enter this market in order to profit from this large and attractive market for digital assets.
Crypto.com Enters the Indonesian Market
In a recent announcement made by the company, they announced that they are listing their CRO Token on leading Indonesia’s Exchange and signs a partnership with Yosugi Media Group so as to implement Crypto.com Pay.
Hello Indonesia!🇲🇨@cryptocom's $CRO(with IDR pairs)will be listed on @IndodaxOfficial, the leading exchange, while https://t.co/vCNztABJoG Pay will be implemented with the Yoshugi Media Group. Bringing crypto to 260 Million more wallets! More here-https://t.co/qPs1KzGa20 #crypto pic.twitter.com/LVNVbjRmhR
— Crypto.com (@cryptocom) March 12, 2019
Deposits on the platform begin as soon as on March 13, at 1700 GMT. Trading activities start on March 14 at 1700 GMT.
Crypto.com Chain is a blockchain network that powers Crypto.com Pay. This allows individuals and users to pay for goods and services with virtual currencies. They also receive cashback rewards for their purchases. Merchants can also receive crypto payments without having to be exposed to volatility. They will also pay lower fees and the funds will be available almost instantly.
The firm is also partnering with the Yoshugi Media Group to expand its services to a larger number of clients. They are an e-commerce company located in Indonesia that sells different products such as Electronics, Gadgets, Fashion, and more.
About the agreement, Kris Marszalek, the co-founder and CEO of Crypto.com, commented:
“Indonesia is a vibrant market with over 260 million people. We look forward to developing closer ties with both Indodax and the Yoshugi Media Group as we seek to serve our customers in the rapidly growing ASEAN market. We see Crypto.com Pay driving the adoption of cryptocurrency as a mode of payment and CRO token as the ultimate way to settle cross-currency payments instantly and inexpensively.”
At the time of writing this article, Crypto.com Chain skyrocketed more than 145%. It is currently the 34th largest digital asset and it has a market cap of $180 million, according to CoinMarketCap. Each CRO coin can be purchased for $0.053.