An Remark
CRO (Cronos) is at present not obtainable on Binance, the world’s largest cryptocurrency trade. This absence is particularly noteworthy provided that CRO ranks 25th worldwide, with a market capitalization of $5.44 billion.
Causes for This Absence
Direct Competitors Between Platforms
The primary cause for this lack of itemizing lies within the direct competition between Binance and Crypto.com. Binance sees Crypto.com as a serious competitor and refuses to make CRO easily accessible to its users. This anti-competitive strategy has been confirmed by several analysts who notice that “Binance doesn’t need to make it simpler for its customers to commerce CRO and be a part of the Crypto.com ecosystem.”
A Constant Coverage
This strategy is, in truth, reciprocal: Crypto.com also does not record Binance’s BNB token on its change, though it's obtainable in the primary app. This bilateral technique illustrates the intensity of competition in the centralized change sector.
Impression of the Absence on Binance
Limited Exposure
This lack of itemizing on Binance significantly limits CRO’s exposure to institutional merchants and buyers who mainly use this platform. But CRO has strong fundamentals, with buying and selling volumes typically surpassing those of tokens listed on Binance.
A Missed Opportunity for Binance
Sarcastically, some analysts consider Binance is missing a chance by not itemizing CRO, especially with the potential emergence of ETFs together with CRO and the continued progress of the Crypto.com ecosystem.
Price of CRO for the last month (source: CoinMarketCap)
There's also rising strain from the crypto group on Reddit (a couple of examples amongst tons of):
Conclusion
The absence of CRO on Binance perfectly illustrates the competitive stakes within the crypto business. Despite impressive monetary performance (+127.38% since early March 2025, $5.44 billion market capitalization), CRO stays excluded from the world’s largest platform resulting from an anti-competitive strategy. This example might change if institutional strain or the expansion of the Cronos ecosystem turns into robust sufficient to pressure Binance to rethink its place.
Comments