Digital Currency Platform, Crypto.com, Broadens Horizons with Launch of Web-Based Staking and Bumper Yields Reaching 19%

Crypto.com has announced the launch of its new staking interface, extending its existing app services to a wider audience. This development comes at a time when demand for efficient tools to manage cryptocurrency holdings is growing, particularly among desktop users.

The new staking interface supports over 30 tokens, including Ethereum, Solana, and Crypto.com's own CRO token. Users can now log in to the staking interface using a QR code, making the process seamless and user-friendly.

One of the standout features of the new system is the high annual rewards for staking assets. Depending on the asset and conditions, rewards can reach as high as 19.07%. This competitive yield structure places Crypto.com in a strong position in the crowded market.

The new staking system also offers flexibility for users engaging in Decentralised Finance (DeFi) ecosystems. It supports both on-chain and liquid staking, providing users with receipt tokens for use in DeFi protocols. This feature allows users to monitor income streams without fixed lockup periods, keeping staking flexible.

In addition, the platform covers over 400 cryptocurrencies, offering annual yields that vary by coin but can be high for specific tokens. Some projects like HYPE offer staking returns up to 110% per year. Top supported tokens include ETH, LINK, and others, providing users with a range of options and regular rewards from staking.

The launch of the web interface is confirmed in a post shared on Crypto.com's official channels. It also offers institutional-style features with the same streamlined design that drove retail adoption. The new staking interface is accessible through desktop browsers and works across browsers, allowing stakers to manage funds on both desktop and mobile devices.

The expansion of Crypto.com's staking services beyond its app aims to capture a larger share of the staking market. It also reflects a wider push by exchanges to combine DeFi flexibility with easier access for both retail and institutional investors.

Moreover, staking through the new system supports network security while giving users greater liquidity. This means users can earn rewards while still maintaining the ability to sell or trade their assets quickly.

In summary, Crypto.com's new staking interface offers a range of benefits for users, including high rewards, flexibility, and ease of use. It's an exciting development for the platform and the broader cryptocurrency market.

Digital Currency Platform, Crypto.com, Broadens Horizons with Launch of Web-Based Staking and Bumper Yields Reaching 19%