Cronos ID is now integrated with DeFi and wallet extension

Cronos-ID-is-now-integrated-with-DeFi-and-wallet-extension
  • Cronos identity is now integrated into the Crypto.com DeFi Wallet and Wallet Extension.
  • The Wallet Extension will serve as a bridge to the mobile version of the Crypto.com DeFi Wallet.
  • Cronos is the first Cosmos EVM chain for DeFi, NFTs, and Metaverse.

According to a Twitter thread by Crypto.com, Cronos’ identity is now integrated into the Crypto.com DeFi Wallet. Due to this, users can easily transfer tokens on Cronos by copying and pasting their Cronos ID.

Crypto.com is pleased to announce that the Crypto.com Wallet Extension is also now available. The browser extension enables users to connect their DeFi Wallet with decentralized apps (DApps). This in turn offers a seamless experience when interacting with their favorite DApps on the desktop. 

For example, users of the Crypto.com DeFi Swap can now choose to connect to their DeFi Wallet. The Wallet Extension will serve as a bridge to the mobile version of the Crypto.com DeFi Wallet. 

It is important to remember that confirmation of transactions and validation of tokens will continue to need the mobile app. When users do transactions on the Extension, they will be requested to open the App and get push alerts, adding an additional degree of protection.

The first Cosmos EVM chain for DeFi, NFTs, and Metaverse is notable and is provided by Cronos. The DeFi and decentralized application environment are intended to be further expanded. This is made feasible by giving developers the option to rapidly migrate applications from chains that are compatible with Ethereum and the EVM.

The 10M+ users of the Crypto.com ecosystem and beyond will be able to access decentralized apps because of Cronos’ cheap cost, high throughput, quick finality, and built-in compatibility.

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Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.

programmer & freelance writer