How to Use Crypto.com for Buying and Staking? (App & Exchange Guide)

Setting Up Your Crypto.com Account

1. Download the official Crypto.com app from the Apple App Store or Google Play Store. Ensure the publisher is verified as “Crypto.com” to avoid phishing replicas.

2. Launch the app and tap “Sign Up” to begin registration. Enter a valid email address, create a strong password, and agree to the Terms of Service and Privacy Policy.

3. Complete email verification by clicking the confirmation link sent to your inbox. This step activates your basic account access.

4. Proceed to identity verification by selecting “Verify Identity” in the app’s security section. Upload clear photos of a government-issued ID such as a passport or driver’s license.

5. Submit a real-time selfie holding your ID with your face fully visible and well-lit. The system processes submissions within minutes for most users, though some cases may require manual review.

Funding Your Wallet to Buy Cryptocurrency

1. Navigate to the “Buy & Sell” tab after logging in. Choose your preferred fiat currency—USD, EUR, GBP, or others supported in your region.

2. Select a payment method: bank transfer, debit/credit card, or Apple Pay/Google Pay where available. Card purchases offer instant execution but carry higher fees.

3. Enter the amount of fiat you wish to spend. The app displays live exchange rates and estimated network fees before confirming.

4. Tap “Buy” to execute the transaction. Funds appear instantly in your Spot Wallet if using a card; bank transfers may take 1–3 business days.

5. Confirm receipt by checking your “Wallet” balance. Assets are held in custodial wallets secured via multi-signature cold storage and insurance coverage up to $750 million.

Staking CRO Tokens for Rewards

1. Go to the “Earn” section and select “Stake CRO”. You must hold Crypto.com Coin (CRO) in your wallet to proceed.

2. Choose your staking tier: Flexible, 1-month, 3-month, 6-month, or 12-month lock-up. Longer durations yield higher annual percentage yields, ranging from 2% to 10%.

3. Enter the number of CRO tokens you wish to stake. Minimum amounts vary per tier—Flexible requires no minimum, while 12-month demands at least 1,000 CRO.

4. Review staking terms including lock-up period, reward accrual frequency (daily), and unstaking penalties for early withdrawal.

5. Confirm with biometric authentication or password. Staked CRO is moved to a dedicated staking contract and begins accruing rewards immediately.

Managing Staking Positions and Rewards

1. Access “Staking Dashboard” under “Earn” to view active positions, remaining lock-up time, and accumulated rewards.

2. Rewards are distributed in CRO and credited daily to your Spot Wallet unless auto-compounding is enabled.

3. To unstake, select the position and initiate “Unstake”. Flexible staking allows instant withdrawal; fixed terms trigger a 7-day unstaking period.

4. Monitor APR fluctuations through the app’s “Staking Rates” page. Rates adjust dynamically based on network participation and token supply metrics.

5. Withdraw staking rewards manually or enable “Auto-Compound” to reinvest earnings into additional staking positions without manual intervention.

Frequently Asked Questions

Q: Can I stake assets other than CRO on Crypto.com?Yes. The platform supports staking for Ethereum (ETH), Polkadot (DOT), Cardano (ADA), Solana (SOL), and several others via the “Earn” tab. Each asset has distinct lock-up rules and APY structures.

Q: Is there a fee for withdrawing staking rewards to an external wallet?Withdrawal fees depend on the blockchain network used. ETH withdrawals incur gas fees paid in ETH; ADA withdrawals charge a flat 0.2 ADA. Fees are displayed before confirmation.

Q: What happens to my staked CRO if Crypto.com suspends staking services?All staked CRO remains accessible in your account. Suspension would halt new deposits and reward distribution but not affect ownership or existing balances.

Q: Do I retain voting rights for staked governance tokens like DOT or SOL?No. Crypto.com acts as the validator node. Users delegate staking power but do not directly participate in on-chain governance proposals or vote casting.