What is Crypto.com Soft Staking? 

Crypto.com Soft Staking is another way to earn rewards simply by holding a balance in your Crypto.com Exchange wallet

Note: The Exchange wallet is different than your App wallet. For instant and feeless transfer of funds from your App to your Exchange wallet, please follow these steps.

How is this different than staking CRO? 

CRO Staking” is different as it requires you to stake a minimum of 10,000 CRO for 6 months on the Crypto.com Exchange. CRO Staking is rewarded with it's own range of benefits: rebates, 20% APR, & Syndicate access.  Staked CRO can not be withdrawn until the committed 6 months duration is complete.

Crypto.com Soft Staking rewards Exchange users with all available tokens including: BTC, MCO, LTC, and ETH.  

It offers more flexibility by rewarding you based on your daily Exchange wallet balances with no-commitment period required, while extra rewards apply to those who are actively CRO staking.

Who can participate in Crypto.com Soft Staking?

Starter and Advanced users of the Exchange can use this feature except for citizens and residents of Hong Kong SAR, Switzerland, or Malta. 

For more information about our Account Verification, please see Account Verification- Levels.

How do I participate in Crypto.com Soft Staking? 

In order for you to receive daily interest paid out, you will need to opt in. 

  1. Log in to your Exchange account as a Starter or Advanced user. 
  2. Navigate to the Stake & Earn page, and select Staking in the left-hand side menu. 
  3. To opt in, ensure the toggle is turned on. 

 4. Acknowledge the T&C’s by checking the checkbox, then agree to proceed.

That’s it!  Make sure your balance in your Exchange account is greater than or equal to the required minimum holdings, and start to see your funds accumulate!

How do I opt out of Crypto.com Soft Staking? 

If you opt out, you will not receive interest effective immediately. 

  1. Log in to your Exchange account as a Started or Advanced user. 
  2. Navigate to the Stake & Earn page, and select Staking in the left-hand side menu. 
  3. To opt out, ensure the toggle is turned off. 

   4.  A pop-up will appear - in order to opt out, select “I want to cancel”.

     5. You have been opted out. 

How is Crypto.com Soft Staking calculated? 

It will be calculated based on the snapshot of the currency balance held by users at 21:00:00 UTC each day. 

Balance includes your funds under Available and In Order. This means trades that are In Order pending to be filled, or while subscribed to Syndicate sales, will also count - so trade away! 

Daily interest will be calculated based on the following formula: 

Daily Interest = Balance x (APR/365)

When will I receive my daily interest?

It will be distributed to your token’s balance within an hour after 00:00:00 UTC, if you have opted in and your balance is greater than or equal to the minimum threshold.

Where can I see my earnings from both CRO Staking and Crypto.com Soft Staking? 

You can view your daily earnings in the Stake & Earn section under Earnings History

What are the rates & limits of Crypto.com Soft Staking?

The key components are: 

  • Minimum holdings to be eligible for interest calculation and payout; if your daily minimum balance is lower than the minimum requirement, no interest will be calculated for that day.
  • Different interest rates are based on how much CRO you've staked on the Exchange (6-month commitment period).  Please refer here on how to stake CRO.

  • Maximum limit; Only the first $10,000 USD or $100,000 USD equivalent in token balance will be used to calculate your daily interest.  Excess balance will not be rewarded with interest. 

Note: The Crypto.com Soft Staking is not a derivative product. Interest that you receive through Crypto.com Soft Staking is not linked or affected by any external factors, such as the price/exchange rates of other crypto assets

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