The Staking feature in the Crypto.com App lets you earn rewards and secure the top blockchains by locking up your assets, where you enjoy:

* Dependent on the generation of rewards determined and received by the blockchain protocol

** Please note that supported blockchains may independently impose minimum bonding or unbonding periods.

It only takes a few steps to get started with the Staking feature in the Crypto.com App:

For information on how to check the status of your staking requests, see ‘How do I know if my asset is staked?’

When you stake more of the same asset, the new stake will begin earning rewards when the transaction status changes to 'Staked' after the Activation Period has ended. Your previous stake will not be impacted.

Staking is a crucial aspect of Proof of Stake protocols. It allows users to participate in the network by locking up their tokens and becoming validators. Validators are responsible for verifying transactions and adding them to the blockchain.

In return for their services, validators receive rewards in the form of newly minted tokens. Staking incentivises users to hold onto their tokens and actively participate in the network, which helps to secure the protocol and maintain its integrity.

Additionally, staking can help to reduce the volatility of the token's price by reducing the supply of tokens available for trading.

Each protocol has a different staking structure and mechanism. They are maintained and supported by various third-party projects who are distinct and separate from Crypto.com.

To learn more about how staking works visit the Crypto.com Staking hub.

When you stake virtual assets, such virtual assets are programmatically staked to the relevant supported blockchains via third-party node validators.

Please read the PoS Staking Terms and Conditions carefully in relation to the risks of "slashing", which may occur when the transaction validator representing those assets incorrectly validates or fails to validate a transaction. As a result, there may be non-payment of validation rewards and the staked virtual assets may be subject to a penalty.

Please conduct your own due diligence and consult your advisors before making any decision including whether to participate in On-chain Staking and related transactions

Crypto.com currently supports the following virtual assets for staking:

*ETH, AVAX is not available for staking in Australia.

**There is no minimum staking period or fixed term imposed by Crypto.com. Your staked virtual assets will start earning rewards after activation and post-processing with the validator. Please note that you may not receive rewards if you choose to unstake your virtual assets early or if the rewards fall below the minimum decimal precision set out in the table above.

**You may find information regarding the estimated time to receive your first reward in the Crypto.com App before you stake. Please note that the timeline may be subject to change depending on the applicable blockchain network activity.

***For supported blockchain protocols that offer compounded rewards, your rewards will be disbursed to your Staked Balance. For protocols not offering compounded rewards, your rewards will be credited to the Available Quantity in your Wallet and can be withdrawn.

^ Avalanche (AVAX): Please note that while there is no minimum staking period or fixed term imposed by Crypto.com, all Avalanche validators have a minimum lock-up period for staking, which is currently set at a minimum of two weeks. As such, when you stake AVAX with Crypto.com, you may initiate unstaking after the Activation Period of 14 days.

All verified Crypto.com App users who are not citizens or residents of the following jurisdictions are eligible to use the Staking feature:

If you do not see the Staking feature anywhere in the Crypto.com App or Crypto.com Exchange Web, please contact us via the in-app chat.

You can view the status of your staking request by tapping the Menu button before navigating to > Staking > My Portfolio and tapping on the relevant asset.

Here’s what each transaction status means:

The reward rates for successful validations are dependent on the blockchain network. The rates listed in the Crypto.com App are estimates based on data from validators excluding fees charged by Crypto.com and are subject to change.

The actual rewards will be distributed to you when they are generated (or unbonded, as applicable) by the respective blockchain protocol. They will be the rewards received from validators after the deduction of service fees charged by Crypto.com.

Crypto.com does not guarantee any return or any particular rate of return. Please note that only virtual assets that have already been staked on-chain are eligible for rewards for the time the rewards are due.

You will receive rewards up to three times a week, depending on the blockchain protocols. Rewards must exceed 0.00000001 of the token to be credited.

You can view your staking rewards by tapping on the Menu button, navigating to > Staking > My Portfolio and tapping on the relevant asset. Please note that only rewards greater than 0.00000001 will be distributed.

The Reward Transaction Details column indicates where the rewards will be credited. The destinations are generally as follows:

Unstaking is a simple process that requires just a few steps:

When unstaking your assets, please note the following:

For information on checking the status of your unstaking requests, see ‘How do I know if my asset is unstaked?’.

You’ll be notified via a push notification once your asset is unstaked. To view the status of your unstaking transactions, tap on the Menu button, navigate to > Staking > My Portfolio and tap on the relevant asset.

Here’s what each unstaking status means:

Unbonding is the process of withdrawing one's stake from a network. There is typically a waiting period when the user's stake gradually becomes available for withdrawal. This waiting period helps to prevent malicious actors from quickly withdrawing their stake in response to a sudden market shift or another unforeseen event.

Unbonding is an important mechanism for maintaining the security and stability of Proof of Stake networks.

Virtual assets will not generate rewards during the unbonding period.

Service fees charged by Crypto.com are deducted from your staking rewards. They are as follows:

Crypto.com reserves the right to update the fee occasionally at our sole discretion.