Posted 2 years ago | by Ben Armstrong
New Additions to Crypto.com Soft Staking and Supported Local Currencies
Crypto.com has announced the addition of the DAI Stablecoin to the platform’s Soft Staking feature enabling holders to earn up to 4% p.a. passively, as well as the addition of ZAR and KES to its payment currencies.
The platform is constantly adding new features and benefits for its users to take advantage of, click here to join the platform and take your trading to the next level. By signing up you will also be able to enjoy all of Crypto.com features and get $50 if you sign up for the MCO card.
Crypto.com Exchange Users Now Can Enjoy Up to 4% p.a. on Their DAI Deposits
The Hong Kong-based cryptocurrency payment platform Crypto.com has announced the addition of DAI to Crypto.com Soft Staking, which allows exchange users to enjoy up to 4% p.a. on DAI deposited and stored in the Exchange.
The number of cryptocurrencies supported by Crypto.com Soft Staking is now 22, including BTC, ETH, USDT, USDC, XRP, LTC, EOS, XLM, ATOM, MCO, CRO, LINK, XTZ, BCH, VET, ICX, ADA, ENJ, ALGO, KNC, NEO, and DAI.
Crypto.com Soft Staking offers rewards on a flexible term and does not require a commitment period.
Interest is paid daily in the respective cryptocurrency, including funds that are placed in pending orders and CRO used to subscribe for events on the Syndicate.
Please visit the Crypto.com website to learn more about the maximum balances per level and the interest applicable to it depending on the CRO staking level of users.
Users can start earning rewards by simply logging into the Crypto.com Exchange, clicking the “Stake & Earn” tab, navigating to the Soft Staking menu, and then activating the interest payments.
ZAR and KES have been Added to Crypto.com App to Supported Payment Currencies
The Crypto.com App now supports USD, GBP, EUR, SGD, CAD, AUD, NZD, HKD, TWD, NOK, SEK, DKK, CHF, PLN, ZAR, and KES.
App users can avoid transaction fees from their banks, allowing them to save money on exchange rates that card issuers would charge them by purchasing cryptocurrency directly with their credit card in their local currency.
Moreover, users can save time by tracing their accounts easily and intuitively without having to rely on conversions.
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