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Crypto.com Opens On-Chain Staking for MATIC and CRO

source-logo  blockchainreporter.net 27 July 2023 14:00, UTC

The prominent crypto exchange Ctypto.com has recently launched on-chain staking with the well-known crypto tokens MATIC and CRO on its official application. The company took to Twitter to announce the launch of this service. The platform also provided details in its recent blog post. As per the firm, both the above-mentioned tokens can currently be utilized to carry out on-chain staking.

Crypto.com Enables Its Users to Stake with Crypto Tokens CRO and MATIC

In addition to these tokens, the official app of the crypto exchange also offers staking in the popular tokens of Polkadot (DOT), Solana (SOL), and Ethereum (ETH) blockchains. It added that the staking feature permits the consumers to smoothly utilize the held assets and earn passive income through rewards. Apart from that, the clients can avail themselves of the facility of unstaking the respective assets whenever they need.

Moreover, the crypto exchange does not enact an extra lock period. At the moment, the respective feature backs the prominent blockchain platforms taking into account Polkadot (DOT), Solana (SOL), Ethereum (ETH), Polygon (MATIC), and Cronos (CRO).

The Platform Also Provides Frequent Rewards with No Imposition of Extra Lockup Time

The company moved on to say that the respective development is considerably beneficial for the customers. While discussing the rewards on staking, the crypto exchange asserted that the consumers can get rewards very often and even daily. Furthermore, it also disclosed that the clients can secure the blockchains that they have faith in.

Additionally, another benefit provided by the platform to its users is that no extra lockup period will be imposed on them. These facilities will potentially pave the way for a stronger user base by attracting more consumers. Following that, the crypto exchange also brought to the front that the platform provides on-chain staking in most the jurisdictions with its app.

blockchainreporter.net