Crypto.com, a crypto payment app ecosystem, today announced the Crypto.com Chain Token (CRO) will be listed on Indodax, a crypto exchange enabled users to transact using Indonesian Rupiah (IDR) founded in 2014. Deposits begin on March, 13th at 1700 GMT and trading starts March, 14th at 1700 GMT.
The Crypto.com Chain is the native blockchain powering Crypto.com Pay, which allows customers to pay for goods and services with cryptocurrency while receiving generous cashback rewards. For merchants, Crypto.com Pay offers the option to get paid in any crypto without being exposed to its inherent volatility and enjoy greatly reduced processing fees and near instant settlement.
Further, Crypto.com announced a collaboration with the Yoshugi Media Group. Founded in 2011, they are a leading dropship e-commerce company based in Indonesia selling a range of kinds of products, ranging from Electronics Gadgets, Household Products, Fashion, Health Supplements, Beauty and Skincare including Zetira.id.
“As a company specializing in cross-border business, we sell products around the world with customers paying with various currencies. We believe working with Crypto.com Pay we will be able to cut the exchange rate on fund transfers, reduce the processing fees, and speed up the payment proceeds and flow.”
“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.”
