eToro Expands Its Staking Offerings by Adding Polkadot (DOT) and Cosmos (ATOM)

eToro expanded its staking offerings by adding Polkadot (DOT) and Cosmos (ATOM) to its crypto staking program, promising users new opportunities

eToro, the renowned social investing platform, has expanded its crypto staking offerings to include Polkadot (DOT) and Cosmos (ATOM), providing users with more opportunities to earn passive income.

The platform's staking portfolio already includes popular assets like Solana, Ethereum, and Cardano, offering a seamless way for users to participate in the blockchain ecosystem while enjoying the convenience of eToro's all-in-one investing platform.

The latest addition comes amid heightened market volatility caused by the recent trade tariffs announced by Donald Trump.

Polkdot, a decentralized relay chain network designed for interoperability, aims to connect blockchains and facilitate the transfer of value or data between them, is currently ranked #20 on CoinMarketCap with a market valuation of $6 billion.

On the other hand, Cosmos is a blockchain network that promises to simplify the technology for developers, aiming to create a "decentralized bank" and interoperability between blockchains and blockchains and the financial institutions that serve them. It ranks #47 with a market cap of $1.6 billion.

The Growing Appeal of Crypto Staking

"Following the successful launch of NEAR and POL staking on eToro in December, we're excited to offer staking for two more assets, allowing users to earn passive rewards easily and securely," said Uri Lerner, Global Crypto Lead at eToro.

eToro's decision to incorporate Polkadot and Cosmos into its staking options comes as demand for blockchain participation grows. The platform has been proactive in adding new assets for users, with recent additions including NEAR Protocol and Polygon.

The staking process allows users to lock their crypto assets, supporting network operations such as transaction validation in exchange for rewards.

The staking rewards are structured based on the user's eToro Club tier, with eligible users earning between 45% and 90% of the staking yield. eToro retains a percentage to cover the operational and technical costs involved in securing the staking process. This system is designed to offer users both flexibility and security.

To participate, users must reside in regions where staking is permitted, and positions must be held for a specific duration of 'intro days' to qualify.

Staking rewards will be updated monthly via email to give users transparency about their earnings, the company explained,

Last month, eToro announced plans to launch options trading for its non-United States users later this year. Besides that, the fintech giant also targets to to introduce new services, including securities lending, to boost the existing recurring revenue sources.

“We also plan to expand existing recurring revenue sources, such as staking, and introduce new sources such as securities lending, subscription services, new asset classes, geographies, and products,” it mentioned in the F-1 prospectus filed with the Securities and Exchange Commission (SECon Friday.