New token alert: CRO, IMX and BICO added to CoinJar
We’re excited to welcome CRO, IMX and BICO to the CoinJar lineup. From NFT scaling to web3 adoption and crypto’s most sought-after exchange token, these coins represent some of the most innovative projects in the cryptocurrency space.
From today, you’ll be able to buy and sell all of these coins on CoinJar, joining the 49 other cryptocurrencies that our users can already trade, store, send and spend.
Update your app to get access to the full available range of tokens on CoinJar.
These tokens won’t initially be available for purchase through CoinJar Bundles or on CoinJar Exchange, but will be added in the near future.
Crypto.com Coin (CRO) is the native token of the Crypto.com exchange. Operating in a similar way to Binance Coin (BNB), CRO is the primary medium of exchange for the Crypto.com merchant network, while holders can stake CRO to gain access to cashback and rewards through the company’s flagship Crypto.com Visa card, or earn more CRO through Crypto.com’s DeFi platform.
ImmutableX (IMX) is the utility token of the ImmutableX network, a layer-2 scaling solution for NFTs built on Ethereum. Using a technology known as zk-rollups, ImmutableX has eliminated gas fees for creating and trading NFTs, while increasing transaction speed and capacity and also professing to be carbon neutral. IMX is used for network fees and staking, as well as allowing holders to take part in decisions about the ImmutableX protocol and fee structures.
Biconomy (BICO) is the native token of the Biconomy network, a cross-chain protocol that aims to simplify the usage and adoption of web3 and other decentralised apps (dApps) by improving transaction speeds, eliminating exorbitant gas fees and making dApps currency agnostic (i.e. users don’t need to switch networks or exchange for a specific ERC-20 token). BICO is used for transaction fees and staking, while also allowing holders to take part in decisions about the Biconomy protocol and fees.