Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it has added ATOM to Crypto Earn, allowing users to enjoy up to 8% p.a. on their deposits, with interest paid in ATOM.
In addition to having ATOM available in Crypto Earn, deposits and withdrawals of ATOM is also enabled on the Crypto.com App.
Crypto Earn now supports 18 coins including BTC, ETH, LTC, XRP, MCO, CRO, TUSD, USDC, PAX, PAXG, BNB, BAT, LINK, MKR, DAI, EOS, XLM with the addition of ATOM. 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.
ATOM is the native staking token of the Cosmos Hub, which is the first public Proof-of-Stake blockchain launched in the Cosmos Network. The goal of Cosmos is to become an internet of blockchains which allows blockchains to communicate and transact with each other efficiently through a range of open source tools, such as Inter-Blockchain Communication protocol.