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New token listing: Polygon (MATIC), Cronos (CRO), Shiba Inu (SHIB), FTX Token (FTT) and Terra (LUNA)

More New Token Listings
More New Token Listings

Enno Wallet users can store and transfer Polygon (MATIC), Cronos (CRO), Shiba Inu (SHIB), FTX Token (FTT) and Terra (LUNA) tokens into their accounts.

Please do not forget to update your Enno Wallet from Apple App Store or Google Play Store to see these new coin listing.

What is MATIC?

According to CoinMarketCap:

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.

The MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

https://coinmarketcap.com/currencies/polygon/

What is Cronos?

According to CoinMarketCap:

Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.

Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.

https://coinmarketcap.com/currencies/cronos/

What is Shiba Inu?

According to CoinMarketCap:

SHIB is the “DOGECOIN KILLER” and is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously under the pseudonym “Ryoshi.” Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.

Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS) and Alaskan Malamute Token (LASM).

https://coinmarketcap.com/currencies/shiba-inu/

What is FTX Token?

According to CoinMarketCap:

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX.

The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement.

In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.

https://coinmarketcap.com/currencies/ftx-token/

What is LUNA?

According to CoinMarketCap:

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Terra’s native token, LUNA, is used to stabilize the price of the protocol’s stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.

https://coinmarketcap.com/currencies/terra-luna/

Which tokens that I may use my credit card to buy?

The newly listed tokens in this article are not currently supported by BANXA.

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