Crypto.com has announced the addition of multiple cryptocurrencies (PAXG, BNT, and REN) to different features in the platform, as well as now supporting RUB.
PAXG is Now Available on Crypto.com Exchange for Users to Earn Rewards
This means that Crypto.com users can now enjoy up to 2% p.a. passively on all their PAXG deposited and stored in the Exchange.
Crypto.com Soft Staking currently supports 23 cryptocurrencies including BTC, ETH, USDT, USDC, XRP, LTC, EOS, XLM, ATOM, MCO, CRO, LINK, XTZ, BCH, VET, ICX, ADA, ENJ, ALGO, KNC, NEO, DAI, and PAXG.
Users can also enjoy rewards offered on a flexible term and without the need for a commitment period through Crypto.com Soft Staking.
Interests are paid daily in the respective cryptocurrency, with funds placed in pending orders, and CRO used to subscribe for events on the Syndicate being included.
The maximum balance of the interest a user can receive will be determined by their CRO staking level, which details can be seen on the Crypto.com website.
To earn interests passively, users simply need to log in to the Crypto.com Exchange, then clicking the “Stake & Earn” tab. Finally, navigate to the Soft Staking menu to activate the interest payments.
BNT and REN Now Available on the Crypto.com App
Crypto.com App users will now be able to purchase Bancor Network Token (BNT) and RenVM (REN) at true cost with zero fees and markups.
With these additions, the Crypto.com App has been growing the list of supported cryptocurrency and stablecoin to over 60, including coins such as Bitcoin (BTC), Ether (ETH), XRP, Cardano (ADA), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and CRO being.
Purchases can be completed using different payment methods such as credit card and bank transfer, as well as with the Crypto.com Visa Card, which allows users to easily convert cryptocurrencies into fiat currencies and spend at over 60m merchants on over the world.
BNT and REN purchases are not available to residents of the United States at this time.
RUB is the Newest Fiat Payment Currency
Crypto.com is now supporting more than 15 fiat currencies including USD, GBP, EUR, SGD, CAD, AUD, NZD, HKD, TWD, NOK, SEK, DKK, CHF, PLN, ZAR, KES, and RUB.
Users can get many benefits by selecting their local currencies as their payment currencies on the App, such as avoiding FX fees from banks and view their App balances in their local currencies.