Cronos Crypto was established with the vision of providing crypto access to every individual by trying to accelerate the transition of cryptocurrency globally. To achieve this, its founders envisioned an ecosystem that meets investors, businesses, consumers and traders’ needs and requirements.
Cronos is becoming increasingly popular in different industries, ranging from gaming to Cronos sports betting. Are you still looking to learn more about Cronos (CRO), including its history, pros and cons, top one bookmaker, and where to buy it? Then read our article!
Top 1 Cronos Bookmaker
Stake
Stake is a popular sportsbook and online USDT casino that accepts cryptocurrencies including Ripple, Litecoin, Ethereum, Dogecoin, EOS, TRON, Bitcoin Cash and Bitcoin.
With a dedicated sportsbook crypto section that offers competitive odds on popular and minor sports like Soccer, Tennis, Basketball and Volleyball, Stake is also known to offer generous bonuses and promotions.
In addition to real events, the crypto sportsbook offers a wide array of virtual sports and electronic games. Live events are also available, and when you make deposits and play regularly, you will be able to join a VIP Club that is designed for different types of punters.
For every BTC you wager, you will accumulate points that you can convert into generous freebies.
Medium Rare N.V., a company registered in Curacao, owns and operates the Stake Sportsbook. The company established the sportsbook in 2017, and since then, it has been offering the best betting and user experience on a range of devices, including desktops, tablets and smartphones that run on different operating systems.
Stake Pros
✔️ Compatible with all devices
✔️ An excellent live betting section
✔️ Instant deposits and same-day withdrawals
Stake Cons
⭕ A high minimum withdrawal limit
⭕ No dedicated mobile gaming platform
⭕ No instant as well as same-day withdrawals
Stake Promotions
Stake doesn’t offer big bonuses, but it’s better to get at least some extra money than none at all. Therefore, every player has a chance to win some money from the leaderboards.
However, if you are a very active sports bettor and you place bets regularly, it is worthwhile to bet in Stake, because then you have a better chance of getting on the leaderboards every week and getting an extra bonus. Stake also offers refunds on money spent on various sporting events.
| Stake Bonus | Requirements to get bonus | Conditions |
|---|---|---|
| $100,000 Daily Race | For every bet placed you’ll join this leaderboard | Medium |
| $75,000 Giveaway | $1000 wager will secure one ticket into the giveaway | Medium |
| Refund promotions up to 100$ | For Premier league, UEFA Champions league NBA, F1, UFC, NHL, Boxing bets | Easy |
Stake Odds
Punters at Stake.com will get a betting margin of 93% on Tennis, 96% on the UEFA Champions League, 96% on NBA, 94% on the Euroleague Basketball and 93% on NHL events. 94.4% is the average betting margin that Stake.com offers across these competitions.
| Bookie and payout % | Tennis Odds | UEFA Champions League | NBA Odds | Euroleague Basketball | NHL Odds |
|---|---|---|---|---|---|
| Stake.com | 93% | 96% | 96% | 94% | 93% |
Stake Other Information
| Anonymous betting | Bookmaker Type | Licenses | Additional betting selections | Products |
|---|---|---|---|---|
| No | High Odds Crypto | Curaçao | Asian Bets, Corners, Cards, AH Tennis | Live Casino, Casino, E-sports, Virtual sports |
Stake Accepted Cryptocurrencies
| Bookie | Accepting cryptocurrencies | Number |
|---|---|---|
| Stake.com | ApeCoin, Binance USD, Bitcoin, Bitcoin Cash, BNB, Chainlink, Cronos, Dai, Dogecoin, Eos, Ethereum, Litecoin, Shiba Inu, Tether, The Sandbox, TRON, Uniswap, USD Coin, XRP | 19 cryptos |
Cronos History
Crypto.com, the original cryptocurrency platform, was established in 2016 by Rafael Melo, Kris Marszalek, Gary Or and Bobby Bao under the initial name Monaco. In 2017, the company launched its native token, MCO, which was done via an ICO where about £26 million were raised.
The company was renamed Crypto.com in 2018 after acquiring the domain name for about £12 million. Shortly after, it started to ship the crypto Visa card, which paid consumers cashback in MCO tokens. In the same year, the crypto company announced the establishment of the Crypto com Chain with the native Cronos token.
While there was a little confusion at the launch of Cronos, which was the second token, the initial one (MCO) was phased out as the new one became the main driver of the platform, replacing all MCO token functions and cashback rewards.
The entire process included lots of drama for millions of upset customers within the Crypto.com community. However, it was a crucial strategic step if the platform was to develop its blockchain.
The transition process was successful, leading to the launch of the Crypto.com crypto exchange platform in 2019 to entice users to the rejuvenated ecosystem. Cronos Crypto com crypto exchange platform supports cryptocurrency swaps, buying and selling.
Towards the end of 2019, the crypto company released a range of products, including Crypto Credit, Crypto Earn, and Crypto.com Pay and provided the American market with the first crypto card.
In 2020, the crypto company established its non-custodial DeFi swap and wallet services while at the same time phasing out the initial MCO token completely.
In 2021 and 2022, the crypto company made some huge strides in building and marketing its ecosystem. The company is looking forward to becoming a household name in the crypto world, and it hasn’t spared any expense.
Crypto com Cronos is on a huge mission to speed up the world’s transition to the blockchain, Web 3 and cryptocurrency by democratising blockchain and delivering useful, simple and reliable financial services.
If you are interested in this platform, we suggest you read the Crypto.com review.
Cronos Sports Betting FAQ
⭐ What is Cronos Crypto?
Crypto.com created Cronos (CRO) as a utility token to make transactions easier within its blockchain and financial ecosystem.
⭐ Where to buy Cronos Crypto?
Cronos is listed to purchase on the Crypto.com platform. It is also listed on most FCA-regulated platforms, such as eToro, Coinbase, Binance, Bitstamp, Huobi, and Bybit. Crypto.com is the best place to buy Cronos for sports betting since it’s its native token.
⭐ How many Cronos coins are there?
The total supply of Cronos Crypto coin is limited to 30 billion coins.
⭐ Is Cronos Crypto a good investment?
Cronos has good potential over the next few years as acceptance for cryptocurrency increases, as per Cronos forecast.
It’s essential to remember that price predictions are frequently incorrect and that prices tend to fluctuate. When dealing with unpredictable cryptocurrency markets, conducting thorough research on a coin or token is crucial to determine if it’s a suitable addition to your investment portfolio.
⭐ Who owns Cronos blockchain?
Cronos (CRO) is the cryptocurrency issued by Crypto.com, a popular crypto exchange platform.
Cronos Pros and Cons
Cronos and its official platform Crypto.com allow users to enjoy several benefits. And also, since nothing on earth is perfect, the Crypto Cronos coin and Crypto.com have some downsides. With that in mind, here are the pros and cons.
Pros
✅ Discounts on exchange fees
✅ High APY interests earned from staking on the Crypto.com Cronos exchange platform
✅ Owning a certain number of Cronos provides rewards such as massive interest rates for staking
✅ Opt-in to syndicate events where multiple cryptocurrencies can be purchased at 50% off
Cons
❌ The coin Cronos has limited use outside the Crypto.com ecosystem
❌ Investors are questioning the business model of the platform due to high APY for staking
Where to Buy Cronos Crypto for Sports Betting?
Cronos is listed to purchase on the Crypto.com platform. It is also currently listed on most FCA-regulated platforms, such as eToro, Coinbase, Binance, Bitstamp, Huobi, and Bybit.
Crypto.com is the best place to buy Cronos for sports betting since it’s its native token CRO. With over ten million traders from more than 100 countries, the exchange platform supports over 220 crypto products.
It’s a popular exchange platform since it offers a low trading fee, and its minimum deposit is £1. Users can buy Cronos at face value in GBP, EUR, USD and many other currencies.
Other benefits that Crypto.com offers include a separate non-fungible tokens platform, zero fees for sending crypto to other users, price alerts, and up to 14.5% annual interest earnings.
To buy Cronos for sports betting, you need to open an account with an exchange platform, deposit fiat currency, search for CRO and complete the purchase process. After that, deposit the Cronos coins into your Stake.com betting wallet and start placing bets.
For betting, you need to choose cryptocurrency sports betting website.
Cronos Sports Betting: Conclusion
As Crypto.com is fully committed to the blockchain future, the platform has taken vast and ambitious steps in designing and developing an entire cryptocurrency framework. The platform aims to deliver a more efficient cryptocurrency ecosystem to compete with industry leaders like Ethereum and Binance.
Many investors believe that Cronos is standing on a robust foundation to successfully see its ambitions roll out to realisation. If you’re a sports bettor, you should try out Cronos betting by signing up with the top CRO bookmaker.
