Let your crypto work for you. Earn rewards effortlessly with on-chain staking.
Crypto.com Exchange now supports Algorand (ALGO) for on-chain staking, enabling users to secure the blockchain while earning passive income.
Why Stake ALGO On-Chain?
Staking offers a dual benefit:
- Blockchain Security: Contribute to Algorand’s network validation.
- Passive Earnings: Receive up to 4% APY in ALGO rewards, distributed per protocol rules.
- Flexibility: Unstake anytime without lock-up periods*.
Supported Blockchains and Tokens
Beyond ALGO, Crypto.com supports staking for:
- Eigenlayer (EIGEN)
- Toncoin (TON)
- Stacks (STX)
- Sui (SUI)
- Cosmos (ATOM)
- Solana (SOL)
- Ethereum (ETH)**
- ...and 30+ other tokens.
👉 Start staking ALGO today and maximize your crypto holdings.
How to Stake ALGO on Crypto.com
- Navigate to the staking portal.
- Select ALGO and approve the transaction.
- Rewards activate after validator processing.
Note:
- Unbonding periods may apply when unstaking (protocol-dependent).
- Jurisdictional restrictions may limit availability**.
FAQ
Q: What’s the minimum ALGO staking amount?
A: Crypto.com doesn’t enforce a minimum, but validator requirements may vary.
Q: Are staking rewards compounded?
A: Rewards are distributed as per Algorand’s protocol; auto-compounding depends on your staking method.
Q: How often are rewards paid?
A: Typically daily or per epoch, based on blockchain rules.
Q: Is staking taxable?
A: Consult a tax advisor; rewards are often considered taxable income.
👉 Explore more staking opportunities and grow your crypto portfolio.
*Rewards subject to protocol conditions.
**Check local regulations for availability.
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