How much interest are you receiving from your current savings account? Most people I talk to are not even aware of how much interest they’re receiving because it’s so little. So is it 0.5%? 1%? 2%? If you’re incredibly lucky.

Today’s banks have a funny habit of taking gross advantage of their customers. After all, before 2008 there was no way that we could possibly challenge the banks. They had a complete monopoly on finance. Thanks to Satoshi Nakomoto’s invention of Bitcoin as well as the Blockchain, we can finally take our finances back into our own hands.

This is the exact philosophy Crypto.com had when they created Crypto Earn.

Crypto Earn is sort of like your savings account, but instead of fiat currency, you deposit cryptocurrency. It’s simple, stake your crypto and earn interest. Unlike your savings account, Crypto Earn earns you a fantastic interest rate (up to 18%). Crypto Earn also allows you flexibility in the way you would like to save.

MCO Staking Bonus

Jade Green and Royal Indigo Mco Visa cards

Like many other features in the Crypto.com App, you will receive a bonus for staking MCO Token inside the app. In the example of Crypto Earn, those who stake at least 500 MCO earn an additional 2% on their Crypto Earn Terms.

In addition to the 2% bonus, those who stake at least MCO also have that stake automatically inserted into Crypto Earn.

Those who stake 500 MCO will receive 6% yearly interest on their stake.

Those who stake 5000 or 50,000 MCO will receive 8% yearly interest on their stake.

Staking Durations

There are 3 different Staking Terms to choose from:

Flexible

If you’re looking for a low risk savings solution, Crypto.com Earn’s Flexible Term is the best bet for you. Earn on your cryptocurrency with the flexibility to withdraw it at any time — without penalty.

1 Month

Earn a little more yearly interest by staking your cryptocurrency in the 1 Month Term. Unlike the Flexible Plan, the 1 Month and 3 Month Plans involve locking your cryptocurrency temporarily. The reward for doing so is additional interest.

3 Month

Maximize the amount of yearly interest you collect with the 3 Month Term. Just like the 1 Month Term, your cryptocurrency will be locked up and inaccessible for the duration of the term.

Staking Bitcoin and Altcoins

Lets face it. If you are into cryptocurrency, you likely have a hefty bag of Bitcoin and Altcoins. Wouldn’t it be nice if you could earn 8% Yearly Interest on those cryptos?

Crypto.com Earn makes it simple to do just that. Stake your Bitcoin and Altcoins in either the Flexible, 1 Month or 3 Month Terms and start growing your bags.

Coins Available at 8% in Crypto Earn:

MCO (MCO), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Binance Coin (BNB), Basic Attention Token (BAT), ChainLink (LINK), and Maker (MKR).

Weekly Payouts are deposited to users Crypto Wallets in the same cryptocurrency they’ve staked.

Below are the Staking Rewards you will receive based on your current MCO Stake as well as your Term Length:

Staking Stable Coins

Bitcoin and other Altcoins aren’t for everyone however. Some users may choose to deposit Stable Coins into Crypto Earn instead.

A Stable Coin is a cryptocurrency that is pegged to a fiat currency. All of the Stable Coins in the Crypto.com App are pegged to the United States Dollar (USD). They will always stay at the current price of the USD.

Stable Coins Available at 12% in Crypto Earn:

Tether (USDT), TrueUSD (TUSD), DAI ( DAI), Paxos Standard (PAX) and US Dollar Coin (USDC).

Staking Stable Coins gives you the benefit of not having to deal with the massive volatility other un-pegged cryptocurrencies are prone to. On top of that assurance you also earn up to 12% on stable coins (4% more than BTC and Altcoins).

Below are the Staking Rewards you will receive based on your Current MCO Stake as well as your Term Length:

Staking Crypto.com Coin (CRO)

The Crypto.com App features two very useful utility coins within the app, MCO (MCO) and Crypto.com Coin (CRO).

Currently CRO is used mainly within the app to power Crypto.com Pay — a revolutionary new payment system that will support cryptocurrency payments both online through the ‘Pay With Crypto.com’ Button as well as offline POS integration.

Alternatively, you may also use CRO to achieve the Holy Grail of Yearly Interest, up to a massive 18%.

Below are the Staking Rewards you will receive based on your Current MCO Stake as well as your Term Length:

It’s Time to Make Your Savings Work For You

My Personal Crypto Earn Earnings (USD)

Liberate yourself from the chains of traditional banking. The days of seeing 0.5% Yearly Returns on your savings are over.

Start earning reasonable interest on your savings today.

With so many different coins available on Crypto Earn and the flexibility of being able to choose between fixed and flexible terms, there is no better time to jump in and begin earning.

Do you use Crypto Earn? What are your thoughts on it? Let me know on Twitter @DamianSpriggs or come find me on the Crypto.com Discord Group @Ambassador Cheese.