How to lock up Crypto.com contracts

Locking up Crypto.com Contracts offers benefits like enhanced rewards, staking bonuses, and reduced trading fees through a straightforward process involving signing up, upgrading, purchasing CRO, and confirming the lock-up.

Nov 26, 2024 at 09:42 pm

How to Lock Up Crypto.com Contracts

Locking up your Crypto.com Contracts offers multiple benefits, including enhanced rewards, staking bonuses, and reduced trading fees. Here's a comprehensive guide on how to lock up your CRO:

Step 1: Sign up for a Crypto.com Account

Visit the official Crypto.com website or download the mobile app.
Click on "Join Now" and provide your personal information, including name, email, and country of residence.
Verify your email address and phone number to complete the registration process.

Step 2: Upgrade to a CRO Wallet

Once you have created your Crypto.com account, upgrade to a CRO Wallet to enable access to additional features and staking rewards.
Provide additional personal information, such as your passport or ID card, for verification purposes.

Step 3: Purchase CRO

Purchase CRO tokens through the Crypto.com exchange or other supported platforms.

Step 4: Lock Up Your CRO

Navigate to the "Earn" section of the Crypto.com app.
Select "Crypto Earn," then choose "Lock-Up Earn."
Choose the desired lock-up period, ranging from 3 months to 4 years.
Specify the amount of CRO you wish to lock up.

Step 5: Confirm and Earn

Review the lock-up conditions, including interest rates and rewards.
Confirm and complete the lock-up process.
Monitor your earnings and track the progress of your lock-up period.

Unlocking and Withdrawing

Once the lock-up period expires, you can unlock your CRO.
Navigate to the Crypto Earn section and choose Crypto Earn.
Select the relevant lock-up contract and click on "Unlock."
Confirm the withdrawal and transfer the CRO to your CRO Wallet.

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