How do I stake CRO on the Crypto.com Exchange?
CRO Staking Benefits
Staking CRO on the Exchange will give you the following benefits :
|CRO Staked||Maker Discount Rate||Taker Rate*||Interest APR||Syndicate||Pay Benefits|
|≥ 0||0 %||0.10 %||0 %||❌||❌|
|≥ 1 000||0 %||0.10 %||0 %||❌||❌|
|≥ 5 000||10 %||-0.005 %||10 %||✔️||❌|
|≥ 10 000||20 %||-0.010 %||10 %||✔️||
|≥ 50 000||40 %||-0.020 %||10 %||✔️||
|≥ 100 000||60 %||-0.040 %||10 %||
|≥ 500 000||70 %||-0.060 %||10 %||
|≥ 1 000 000||80 %||-0.080 %||10 %||
|≥ 5 000 000||90 %||-0.090 %||10 %||
|≥ 50 000 000||100 %||-0.100 %||10 %||
*Negative trade fees only apply to VIP 1 retail traders .
How to Stake CRO on the Exchange
In order to stake CRO on the Crypto.com Exchange, you will first motivation to have CRO in your Exchange wallet. 1. Log in to Crypto.com Exchange. 2. blue-ribbon Stake & Earn. 3. blue-ribbon Stake CRO . Your available CRO poise will be displayed to show the maximal stakeable CRO come. To receive CRO rebate on trading fees, a minimum of 5,000 CRO must be staked while paying the fees in CRO. 4. Input the CRO come to stake and blue-ribbon Review Staking.
5. choice Confirm to Stake after reviewing the impale details.
6. Upon successfully staking, you will see the CRO amount staked and the remaining days until it can be withdrawn. bill : CRO stake is for 180 days and can entirely be withdrawn in full once the period is over .
CRO Staking Benefits on the Exchange
What is the current APR Interest?
CRO Staking rates have been changed from 20 % to 10 % effective October 15, 2020, 09:00 AM UTC .
- Users with an existing interest will inactive receive the 20 % rate until 180 day staking time period is over. A modern rate ( 10 % ) will take effect once the venture period has matured or if there is any venture bodily process that changes your CRO staked sum .
note : bet on bodily process includes regular CRO Staking, Deposit Bonus Staking, and Early Swap Bonus
- Users with an existing post and completed the 180 sidereal day staking period will have a rate adjusted to 10 % effective 2020-10-15 9:00:00am UTC. This will affect the payout on 2020-10-14 .
How is the Crypto.com Exchange powered by CRO?
Crypto.com Exchange gives you the option to pay your trading fees with CRO rather of with the basal cryptocurrency. You do not need to post CRO to use this feature .
What are the benefits of staking CRO on the Exchange?
Staking CRO on the Crypto.com Exchange will provide you with extra utility and benefits ( see below ) .
|CRO Staked||DISCOUNTED MAKER/TAKER|
|≥5,000||10 % OFF|
|≥10,000||20 % OFF|
|≥50,000||40 % OFF|
|≥100,000||60 % OFF|
|≥500,000||70 % OFF|
|≥1,000,000||80 % OFF|
|≥5,000,000||90 % OFF|
|≥50,000,000||100 % OFF|
|LEVEL||30D TRADING VOLUME (USD)||MAKER||TAKER|
|level 1||$ 0 – $ 25,000||0.4 %||0.4 %|
|level 2||$ 25,001 – $ 50,000||0.35 %||0.35 %|
|flush 3||$ 50,001 – $ 100,000||0.15 %||0.25 %|
|level 4||$ 100,001 – $ 250,000||0.1 %||0.16 %|
|level 5||$ 250,001 – $ 1,000,000||0.09 %||0.15 %|
|tied 6||$ 1,000,001 – $ 20,000,000||0.08 %||0.14 %|
|level 7||$ 20,000,001 – $ 100,000,000||0.07 %||0.13 %|
|degree 8||$ 100,000,001 – $ 200,000,000||0.06 %||0.12 %|
|flush 9||$ 200,000,001 and above||0.04 %||0.1 %|
CRO is staked for 180 days and can entirely be withdrawn in wax once the period is over. You can review the balance wheel of CRO staked and number of days until it can be withdrawn in the Stake & Earn page.
For more information on fees, please visit Fees on the Exchange .
How do I stake CRO on the Crypto.com Exchange?
Please refer here for detail instructions on staking CRO on the Exchange .
Can I increase my staked CRO amount on the Exchange?
Yes, you can top up your stake CRO come at any time to earn more interest. Each top-up resets the stake time period and will restart from 180 days once a new amount of CRO is added .
How much can I top up at once?
Each top-up has a minimum of 1,000 CRO .
Does the CRO I have deposited into Crypto Earn go towards CRO staking on the Exchange?
No, the CRO deposited into Crypto Earn in the Crypto.com App is not the like as staking on the Crypto.com Exchange nor can it be transferred .
When can I withdraw my staked CRO?
If you have staked CRO, it can alone be withdrawn in full after 180 days have passed. When reviewing the impale details, the claim date and time will be provided. The Stake & Earn main page will besides display the number of days that remain in the bet on period. CRO Staking Benefit: Rebate on trading fees
How does the rebate on the Exchange’s trading fees work?
Please refer here for more information on CRO rebates on the trade fees .
How do I use CRO to pay for trading fees?
Please refer here for detailed instructions on setting CRO as the requital currentness for deal fees .
Can I use my staked CRO to pay for the fees?
No, the stake CRO can not be traded or withdrawn and can not be used for deal fees. You can review the libra of CRO staked and the number of days until it can be withdrawn on the Stake & Earn page .
Can I use CRO to pay for withdrawal fees?
No, withdrawal fees will be settled in the currentness you are receiving. CRO Staking Benefit: Earn 10% APR Interest
How is interest calculated for staking CRO on the Exchange?
day by day interest will be calculated with the play along rule. Daily Interest = Principal amount (in original cryptocurrency) x (APR/365) case 1 :
- You have staked 10,000 CRO for 180 days and do not top-up
- You will receive 2.73972602CRO every day
When will I receive the interest for staking CRO?
At 00:50:00 ( UTC ) every day, your trade volume over the by 30-day period in USD, current CRO impale poise, and fees paid in CRO are evaluated. We will update your Tier level and corresponding maker/taker fees within 1 hour in most cases.
Read more: When Can You File Taxes? | H&R Block
interest gained from staking CRO and CRO rebates on trade fees will be paid within 1 hour in most cases .