Chainflip (FLIP) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Chainflip is a decentralized protocol designed for cross-chain trading, utilizing a proof-of-stake validator network, efficient threshold signing scheme, and a unique automated market maker (AMM) design. The protocol channels generated fees into the FLIP token, distributing it among token holders and compensating for incentives. Chainflip distinguishes itself with complete user control over digital assets, high efficiency, and self-sustainability, offering benefits over traditional centralized exchanges. It facilitates various use cases, such as cross-chain trading and asset swaps, providing a fast and low-friction method for users.
Crypto.com App users can now purchase FLIP and other crypto easily with 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.