EARN REWARDS* BY STAKING YOUR CRO
Staking your CRO allows you to passively earn rewards for helping to secure the network.
Through the Crypto.com DeFi Wallet, and by pairing it with your Ledger hardware wallet, you can easily and securely delegate CRO you want to stake.
You can freely choose a trustworthy validator to get competitive rewards, and you keep ownership of your CRO coins.
WHY STAKING YOUR CRO
Cronos is a blockchain network that integrates with both Ethereum and Cosmos ecosystems and supports DeFi, NFTs, and metaverse. It aims to expand the Web3 community by enabling developers to easily transfer apps and crypto assets from other chains at low cost, high speed, and with fast confirmation.
Cronos is powered by Ethermint, allowing for the smooth migration of apps and contracts from Ethereum and EVM-compatible chains. CRO is Cronos's primary currency, which is the native token of the decentralized, open-source, and energy-efficient Crypto.org Chain.
Cronos was designed with IBC protocol, enabling interoperability with Crypto.org Chain and other IBC-enabled chains like Cosmos Hub and Terra in a decentralized manner, while providing fast and low-cost transactions.
Maximise your CRO assets
Don't let your assets gather dust. Put them to work and make them grow with Ledger.
Secure the Cronos network
When you do CRO staking, you make the Cronos blockchain successful by securing the network and validating transactions.
CRO STAKING IS BETTER WITH A WALLET APP THAT SUPPORT COLD STORAGE
Secure
Pairing your Ledger with a third-party wallet, allow you to grow your CRO bag securely.
Ownership
Keep full custody of your assets when you stake CRO with Crypto.com DeFi Desktop Wallet, unlike with crypto exchanges.
Freedom of choice
It's up to you to choose which validators you want to stake your CRO.
Earn CRO rewards
You can passively grow your assets by participating in the Cronos network. By delegating your CRO to a validator, you will receive rewards for helping to secure the network.
The current annual yield on Cronos is around 11%.
You can stop staking your CRO at any time but all Cronos validators have a minimum lock-up period for staking, which is currently at least 28 days to unlock your assets.
HOW DOES LEDGER'S SOLUTION WORK?
Get your device
A hardware wallet
that offers the best security for your crypto and NFTs - your assets always remain safe.
An app
to manage your crypto and access key services: buy, swap or grow your assets. Securely thanks to your hardware wallet.
Get your device
5 STEPS TO START SECURELY STAKING CRO
01
Buy a Ledger hardware wallet
Ledger hardware wallets are the smartest way to securely store your CRO tokens.
Buy your hardware wallet
02
Set up your device and install the Crypto.org Chain app
- Connect and unlock your Ledger device.
- Follow the setup steps.
- On Ledger Live, go to "My Ledger" and install Crypto.org Chain & Ethereum.
Install the Crypto.org Chain app
03
Download Crypto.com Wallet
Visit the Crypto.com DeFi Wallet and download the app for iOS or Android.
04
Connect your Ledger Nano to your Crypto.com Wallet
- Open the app and select [Create a new wallet].
- Click [Create passcode] and enter a 6-digit code to continue.
- Select the following options accordingly:
- Tick "Want to create with hardware wallet" and choose "Ledger" as the wallet type.
- "Address Index" is the last value of the Derivation Path (e.g. 44'/394'/0'/0/{address_index})
- For the network, choose "Mainnet" - Click [Reveal my recovery phrase] to generate a 12-word seed phrase, which serves as the key to your wallet. Write the 12-word key phrase in the exact order.
- The Crypto.com DeFi Wallet will ask you to confirm some words from the key phrase. Enter the necessary words from the seed phrase and click [Continue].
05
Start CRO staking
Now that you have a Cronos wallet secured by your Ledger with CRO tokens in it, you should simply go to the Delegation List, pick a stake pool, and confirm delegation with your hardware wallet.
LEDGER LIVE
Other crypto to stake with Ledger
See all coins supported
*Ledger validator node available
Want to learn more about staking?
We answer all the basic questions you might have in our Ledger academy: What is staking? What’s the difference between Proof-of-Stake and Proof-of-Work? What is a validator?
You can also take a look at our School of Block series on Youtube to learn how to get started in staking and make your money work for you.
Visit our Ledger Academy
What is staking
Read the article
School Of Block
See our episode about staking
What is proof of stake
Read the article
Frequently Asked Questions
Yes, it is possible to stake CRO coins. Cronos blockchain uses a proof-of-stake consensus mechanism, which allows holders of CRO to earn rewards for participating in the network by holding and staking their coins.
Staking involves holding CRO in a special wallet that is connected to the network and participating in the validation of transactions.
Stakers receive rewards for their participation in CRO tokens.
Subscribe to our
newsletter
New coins supported, blog updates and exclusive offers directly in your inbox
Your email address will only be used to send you our newsletter, as well as updates and offers. You can unsubscribe at any time using the link included in the newsletter.
Learn more about how we manage your data and your rights.
