In this video, we’re going to discuss the options for staking your CRO for interest. We’ll cover both the Crypto.com App and a Defi Wallet, and compare the interest rates they offer.
The Crypto.com App offers a 6% annual interest rate on all CRO staked. The interest is paid out monthly and you can withdraw your funds at any time.
The Defi Wallet, on the other hand offers a much higher interest rate of 20% on all CRO staked. The interest is paid out daily and you do not have to lock your funds in for any period of time.
So which option is best for you? It really depends on what your goals are. If you’re looking for a steady, low-risk return, the Crypto.com App may be the better option. But if you’re looking for a higher return, the Defi Wallet may be the way to go.
Ultimately, the decision is up to you. We hope this video has helped you to better understand the differences between the two options and make an informed decision.
