eToro Adds Polkadot and Cosmos to Crypto Staking Options as Tokens Drop 6% and 9%, Respectively

eToro expanded its staking offerings by adding Polkadot (DOT) and Cosmos (ATOM) to its crypto staking program, promising users new opportunities to earn passive income. According to the company's announcement, the platform's staking portfolio now includes popular assets like Solana, Ethereum, and Cardano.

eToro’s latest addition comes amid heightened market volatility caused by the recent trade tariffs announced by Donald Trump. At the time of this publication, Polkadot (DOT) ranked #20 on CoinMarketCap with a market valuation of $6 billion, which has been down 6% in the past.

On the other hand, Cosmos is down 2% and 9% in the past day and week, respectively. The blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term, which promised to simplify blockchain technology, ranks#47 with a market cap of $1.6 billion.

The Growing Appeal of Crypto Staking

“With growing interest in crypto, we remain committed to providing users with more opportunities to engage with digital assets and participate in the blockchain ecosystem,” Adi Lasker Gattegno, Director of Crypto Desk at eToro, said.

“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,” she added.

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.

How Staking Rewards Work

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 Staking Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto to receive rewards. In most case however, this process relies on users participating in blockchain-related activities via a personal crypto wallet.The concept of staking is also closely tied to the Proof-of-Stake (PoS). PoS is a type of consensus algorithm in which a blockchain network aims to achieve Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto to receive rewards. In most case however, this process relies on users participating in blockchain-related activities via a personal crypto wallet.The concept of staking is also closely tied to the Proof-of-Stake (PoS). PoS is a type of consensus algorithm in which a blockchain network aims to achieve Read this Term 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 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 (SEC).