Despite an offer to protect Australian users from hacks, the price of Crypto.com has fallen

<p>Crypto.com has provided its exchange and application to Australian users, as well as protection from hacks, phishing scams, and unauthorised transactions. Proponents believe that the announcement is one of the key factors that could fuel a bullish narrative for Crypto.com's native token.</p> <p>Crypto.com provides users with up to $250,000 in withdrawal protection.</p> <p>Crypto.com has revealed its Account Protection Programme (APP) for Australian users. The new policy is applicable to users of the Crypto.com App and exchange.</p> <p>If users lose funds due to a hack, phishing attack, or unauthorised withdrawals, Crypto.com will reimburse them up to $250,000. The policy document explains the program's terms and conditions.</p> <p>Benefits of APP vary by market and apply to users who have met the necessary KYC requirements. Before providing goodwill protection, Crypto.com would determine whether an authorised transaction is eligible for reimbursement.</p> <p>In the event of an unauthorised withdrawal of cryptocurrencies and fiat currencies from a KYC verified Australian user's Crypto.com wallet, the user may be eligible for reimbursement.</p> <p>Proponents believe that the announcement of the Account Protection Programme will increase investor confidence. Nonetheless, the price of CRO has fallen by nearly 5% in the last 24 hours.</p> <p>Technical analysts have assessed the price of Crypto.com and predict a sharp recovery. For example, @DaCryptoGeneral believes that the price of CRO could reach $0.49 before the next bullish surge.</p> <p> </p> <p><a href='http://paypal.me/cryptopirates'>Support us!</a></p>