CoinMetro's Staking Platform offers long-term sustainable, secure, and easy-to-use passive income opportunities for all CoinMetro users.
What is XCM?
XCM is the native utility token of the CoinMetro exchange, adding utility to its holders and tied into all products and services of CoinMetro. XCM holders can stake their tokens on CoinMetro’s staking platform to earn more XCM while reducing the supply of circulating XCM in the market.
More on XCM can be found here.
How to get started?
With at least 1,000 XCM in your CoinMetro account, you can start earning a passive income by staking your XCM tokens. XCM can be bought and sold on the CoinMetro exchange, deposited to your account, and earned through one of the best affiliate programs in the crypto space.
The staking platform can be accessed from the navigation menu, under Earn > XCM. You can also click here.
The XCM Staking Dashboard offers a simple overview of the rewards paid to stakers, the amount of XCM locked in the network, and the current value of XCM.
Staking plan interface
Your personal staking program details can be found in the My XCM Staking Plans section. Your currently active staking plans, as well as any closed plans, are listed here.
Pending rewards are updated daily. By clicking Cash Out Now, the pending rewards (Total Available) are moved from pending to paid rewards and deposited to your account balance, with a matching entry in your Dashboard transaction history.
Ending a plan early comes with a penalty. 50% of the total paid rewards for the plan will be deducted from your staked XCM. To end your plan early, click the Close button. A confirmation popup will display the penalty applied if you choose to confirm.
Time to set up a staking plan!
To get staking, click New Plan. You can run as many plans as you wish, to utilize staking plans with different amounts and duration.
There are no costs for starting a staking plan.
The New Plan interface is the setup for your staking plan, and you can configure the amount and duration. The minimum amount of XCM to start a plan is 1,000, and the duration options are 1 month, 3 months, 6 months, and 1 year.
The summary will update as you select your configuration. Opting for a longer staking duration will increase the monthly rewards. The monthly rewards are calculated based on the amount of XCM that you stake, and the duration.
Once you're ready to start your staking plan, just click Confirm - and it's done.
You're now earning a passive income with us. CoinMetro strives to offer financial opportunities for all, moving crypto forward. More staking programs are coming for other assets. Check out CoinMetro's available staking programs here.
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