CRO Lockup Benefits
Locking up CRO on the Exchange will give you the following benefits:
CRO rebate
Tier-based APR of up to 8% interest paid daily
CRO locked up | Maker Fee Benefit | Taker Fee Benefit | Interest APR | Pay Benefits |
≥ 1,000 | 3% off | 3% off | 0% | ❌ |
≥ 5,000 | 5% off | 5% off | 0% | ❌ |
≥ 10,000 | 8% off | 8% off | 0% | ✔️ |
≥ 50,000 | Zero | 12% off | 4% | ✔️ |
≥ 100,000 | 0.01 bps Rebate | 15% off | 4% | ✔️ |
≥ 500,000 | 0.02 bps Rebate | 20% off | 8% | ✔️ |
≥ 1,000,000 | 0.05 bps Rebate | 25% off | 8% | ✔️ |
≥ 5,000,000 | 0.10 bps Rebate | 30% off | 8% | ✔️ |
How to Lock up CRO on the Exchange
In order to lock up CRO on the Crypto.com Exchange, you will first need to have CRO in your Exchange wallet.
1. Log in to Crypto.com Exchange.
2. Select Lockup & Earn.
3. Select Lockup CRO Now.
Your available CRO balance will be displayed to show the maximum CRO amount available for lockup. To receive trading fee benefits, a minimum of 1,000 CRO must be locked up.
4. Input the CRO amount to lockup and select Review Lockup.
5. Select Confirm to Lockup after reviewing the lockup details.
6. Upon successfully locking up, you will see the CRO amount locked up and the remaining days until it can be withdrawn.
Note: CRO locking up is for 180 days and can only be withdrawn in full once the period is over.
CRO Locking up Benefits on the Exchange
What is the current APR Interest?
Effective 18 August 2022 02:05 UTC, CRO Lockup will follow a tier-based APR approach and your CRO Lockup rate will be dependent on the amount of CRO you lockup (please reference the table above for rates).
Users with 5,000 CRO or more locked up before 18 August 2022 02:05 UTC will continue to receive the 10% APR rate until the 180-day lockup period is over. The new tier-based rate will be applied once the locking up period has matured or if there is any new lockup activity resulting in changes to your total CRO-locked up amount.
Note: Lock-up activity includes regular CRO Lockup, Deposit Bonus Lockup, and Early Swap Bonus.
Users who are already locking up CRO and have completed the 180-day lockup period will have the effective APR adjusted to the new tier-based rates.
What are the benefits of locking up CRO on the Exchange?
Locking up CRO on the Crypto.com Exchange will provide you with additional trading fee benefits (discounted fees, zero maker fees, and maker rebates depending on how much you CRO lockup) - see below benefits summary and fees outline on the fees page here
Trading fee benefits will be evaluated and updated daily at 4:00 UTC.
≥ CRO Locked up | Maker Fee Benefit | Taker Fee Benefit |
1,000 | 3% discount | 3% discount |
5,000 | 5% discount | 5% discount |
10,000 | 8% discount | 8% discount |
50,000 | 0% Maker fees | 12% discount |
100,000 | 0.01 bps Rebate | 15% discount |
500,000 | 0.02 bps Rebate | 20% discount |
1,000,000 | 0.05 bps Rebate | 25% discount |
5,000,000 | 0.10 bps Rebate | 30% discount |
CRO is locked up for 180 days and can only be withdrawn in full once the period is over. You can review the balance of CRO locked up and the number of days until it can be withdrawn on the Lockup & Earn page.
Can I increase my locked-up CRO amount on the Exchange?
Yes, you can top up your locked-up CRO amount at any time to earn more interest.
Each top-up (new CRO added for lockup) resets the 180-day lockup period on the total amount locked up.
How much can I top up at once?
Each top-up has a minimum of 1,000 CRO.
Does the CRO I deposit into Crypto Earn go towards CRO lockup on the Exchange?
No, the CRO deposited into Crypto Earn in the Crypto.com App is not the same as lockup on the Crypto.com Exchange nor can it be transferred.
When can I withdraw my locked-up CRO?
If you have locked up CRO, it can only be withdrawn in full after 180 days have passed. When reviewing the lockup details, the exact date and time will be provided.
The Lockup & Earn the main page will also display the number of days that remain in the locked up period.
How does the maker fee rebate on the Exchange's trading fees work?
Maker fee rebates are fees credited (i.e. negative maker fees) and settled with you in real-time upon a limited order being executed. The fee rebates are credited in real-time and settled in the trading pair currency you are receiving. When trading derivatives, the fee rebates are credited in real-time and settled in USDC.
CRO Lockup Benefit: Earn tier-based APR Interest
How is interest calculated for locking up CRO on the Exchange?
Daily interest will be calculated with the following formula:
Daily Interest = Principal amount (in original cryptocurrency) x (APR/365)
Example 1:
You have locked up 50,000 CRO for 180 days and do not top-up
You will receive 5.47945205 CRO every day
Assuming APR of 4%
When will I receive the interest for locking up CRO?
At 00:50:00 (UTC) every day, your trading volume over the past 30-day period in USD and CRO locking up balance are evaluated. Interest gained from locking up CRO will be distributed daily usually within the following hour.
Your trading fee tier and corresponding maker/taker fees are refreshed hourly - based on your trading volume achieved over the past 30-days and the amount of CRO locked up.