Deposit and earn the best returns on your DeFi tokens
We’re excited to announce the launch of DeFi Earn in the Crypto.com DeFi Wallet App! Users can now grow their portfolio using our new decentralised finance offering, and earn passive income without losing control of their crypto.
DeFi Earn demystifies decentralised finance, allowing users to conveniently and flexibly deposit into Compound through a native in-app integration. They can access the feature via the ‘ Earn’ tab, and start accruing interest instantly upon depositing their tokens and receiving on-chain confirmation. There is no minimum term, and users can withdraw their deposit with the accrued interest at any time. Crypto.com charges a 0.5% service fee on the corresponding earnings for each withdrawal.
Users are able to receive the best return because their tokens are deposited to the protocol with the highest APY at the time of the deposit. At this stage, our integration with the Compound lending pool gives users easy access to nine DeFi tokens: BAT, COMP, DAI, ETH, UNI, USDC, USDT, WBTC, and ZRX—with more to come.
Download the Crypto.com DeFi Wallet App!
Please see FAQ for more details.