What are Canton Network and Canton Coin (CC)?
Canton Network is a blockchain network built for regulated, real-world assets. Its applications can use the Global Synchronizer to enable transactions across sovereign blockchains without giving up privacy or control.
Canton Coin (CC) is the native utility token of the Global Synchronizer. It is used to pay network usage fees, known as traffic, to reward infrastructure operators and application providers and to support governance through Super Validator participation.
How to trade Canton Network in Australia
In the Crypto.com App, the basic steps are:
- Download the Crypto.com App and complete identity verification.
- Fund your account.
- Open the trading interface and select Canton Network.
- Choose the trading pair you want.
- Confirm the transaction.
How can you fund a Canton Network trade?
Before you can trade, you need funds in your App account. For this App flow, you can deposit Australian dollars (AUD) using PayID, which is free on Crypto.com, or via debit or credit card (Visa or Mastercard), Apple Pay or Google Pay. You can also transfer existing crypto into your account.
What should you check before confirming a Canton Network trade?
Check the App for the latest fee schedule and spread before you place a trade. It is also worth reviewing the selected trading pair before you confirm.
In the Crypto.com App, Canton Network trading is not limited to traditional market hours. The cryptocurrency market runs 24 hours a day, seven days a week. Availability does not remove risk: Canton Network trading carries risk because cryptocurrency markets can be volatile and the value of your holdings can go up or down.
