ICON (ICX) Is Added To Crypto.com Soft Staking
ICON (ICX) has been making headlines a lot lately, due to various achievements of the firm and the bold plans related to the adoption of the blockchain technology that the company has.
A few days ago, the team behind ICON just released the 23rd newsletter.
— ICON (@helloiconworld) June 8, 2020
Also, it’s worth noting that the digital asset ICX has been gaining a lot of popularity with enthusiasts hoping that they will see massive gains someday.
Crypto.com announced the addition of ICON (ICX)
It’s been just revealed that the important crypto platform Crypto.com revealed the addition of ICX to the Soft Staking – this allows users of the platform to exchange to up to 2% p.a. on ‘staked’ ICX which is deposited or held in the exchange.
The online publication BitBoyCrypto noted that “There are now 16 cryptocurrencies supported by Crypto.com Soft Staking, including BTC, ETH, USDT, USDC, XRP, LTC, EOS, XLM, ATOM, MCO, CRO, LINK, XTZ, BCH, VET and ICX.”
Start earning rewards
It’s also worth noting that the rewards on the Crypto.com Soft Staking are offered on flexible terms and they don’t need a commitment period of time.
The interest is paid on a daily basis and the funds places in pending orders are included as well.
If you want to start earning rewards, all you have to do is follow a simple process. Login to the Crypto.com exchange and then clock on the “Stake & Earn” tab.
After that, you will have to navigate to the Soft Staking menu, and here, you will be able to activate the interest payments.
You can also check out the original announcement that made ICON enthusiasts and ICX holders more than excited.
In terms of pricing, at the moment of writing this article, ICX is trading in the red and the coin is priced at $0.330458.
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Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.