Cryptocurrency Q&A What is crypto dust on exchange?

What is crypto dust on exchange?

Michele Michele Sun Jul 07 2024 | 6 answers 1151
I don't understand this question. Could you please assist me in answering it? What is crypto dust on exchange?

6 answers

Carlo Carlo Tue Jul 09 2024
Crypto.com has recently implemented a novel feature called Crypto Dust on its Exchange platform, designed to facilitate users in utilizing their residual coins. This initiative aims to provide a convenient solution for managing small coin balances that often accumulate as a result of trading activities.

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Eleonora Eleonora Tue Jul 09 2024
The Crypto Dust feature enables users to convert these residual coins, often referred to as "dust," into CRO, Crypto.com's native token. This process not only helps clean up users' portfolios but also encourages the utilization of CRO, which can be further utilized within the Crypto.com ecosystem.

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Federico Federico Tue Jul 09 2024
To utilize Crypto Dust, users need to follow a simple process. The first step involves clicking on the dedicated Crypto Dust action button, which is prominently displayed on the Exchange interface.

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Davide Davide Mon Jul 08 2024
Upon clicking the button, users will be prompted to select the coins they wish to dust. The system will automatically identify the coins that fall within the dust threshold, making the selection process intuitive and efficient.

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KimonoElegantGlitter KimonoElegantGlitter Mon Jul 08 2024
Once the coins are selected, the system will calculate the equivalent amount of CRO based on the current market rates. Users can then confirm the transaction, and the dust coins will be converted into CRO tokens.

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