28.07.2023
Crypto.com expands its offering of assets for on-chain staking
28.07.2023
Glory Faleke
Contributor

Cryptocurrency exchange Crypto.com has announced that CRO and MATIC tokens are now available for on-chain stacking in its app.

In addition to these tokens, the crypto exchange's official app also offers DOT, SOL, and ETH.

According to Crypto.com, the staking feature puts idle assets to work and offers users the opportunity to earn daily passive income through rewards.

Also, users can unlock their assets at any time, as the exchange does not set a lockout period.

In addition to rewards, the staking feature allows users to protect the blockchains they support.

Another major advantage of this method is that tokens are not subject to an additional lockup period, which will help attract more clients and build a strong user base.

The crypto exchange notes that on-chain tokenization is available to users of the Crypto.com app from most countries.

Launched in 2018, the Crypto.com exchange provides access to trading the most popular cryptocurrencies under favorable conditions. The exchange does not limit traders by trading strategies, and scalping is available from 60 seconds to 30 minutes. In addition, Crypto.com clients can earn by investing in the Supercharger program, as well as through the referral program with payments of up to 50% of the commissions of invited users. The exchange systematically holds various contests and events with cash prizes. It should be noted that to access the full features of the exchange, users should pass an extended KYC verification.

Recently, Crypto.com and LINE Xenesis join forces to promote cryptocurrency solutions in Asia.