Calling Algorand (ALGO) hodlers - we have added ALGO to Crypto Earn! Users can now earn up to 6.5% p.a. on their deposits, paid in ALGO. Crypto.com Private users will earn up to 8.5% p.a.
In addition, deposits and withdrawals of ALGO are enabled on the Crypto.com App.
Crypto Earn now supports 28 coins including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, TGBP, TCAD, TAUD, MCO, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM, XTZ, BCH, VET, ICX, ADA, ENJ with the addition of ALGO. Interest is paid out weekly in the coin deposited with flexible, 1-month or 3-month terms available. Users earn more by staking at least 500 MCO.
*Note: This is currently not available for residents of the United States.
Algorand is the technology company that built and developed the world’s first open, permissionless, pure proof-of-stake blockchain protocol that, without forking, provides the necessary security, scalability, and decentralization needed for today’s economy.
Algorand 2.0, which is the company’s latest major protocol upgrade, provides the foundation for the next wave of decentralized financial applications, directly in Layer-1 for improved performance and security. For more information, visit www.algorand.com