Cronos chain tokens
To operate on the CRONOS chain you will need two types of tokens:
Native CRO tokens
- These tokens will serve to pay transaction fees (GAS) on PlaySwap and all other Cronos apps.
- CRC20 is a token protocol closely resembling Ethereum's ERC-20 for interoperability
- Except for native CRO, all other tokens are CRC20 tokens
- Tokens native to other blockchains (BTC, USDC, ETH) are wrapped into CRC20 tokens.