Last week is the time of news in the world of Crypto.com! We invite you to our summary of news from this area of the cryptocurrency market.
Kyber Network Syndicate (KNC) – cryptocurrency with a 50% discount
In a few days (July 21) on the Crypto.com Exchange platform there will be a syndicate in which persons interested in Crypto.com Coin (CRO) will again have the opportunity to buy digital coins with discount. This time, KNC cryptocurrencies worth USD 500,000 will be discounted by 50%. Below is a timeline explaining the promotion:
Participation rules are similar to previous syndicates. The maximum allocation of discounted KNCs for each participant will depend on the CRO tokens involved:
If the total value of all contributions exceeds the number of tokens allocated for promotion, the allocation for each participant will be calculated according to the following formula:
You can read more about the promotion here: LINK.
KNC added to Crypto Earn
The benefits of Kyber Network (KNC) at Crypto.com are not over. KNC has been added to the Crypto Earn service, thanks to which users can now earn up to 6% annually on their deposits in the KNC. Crypto.com Private users can earn up to 8 percent. per year.
We remind you that in Crypto Earn you can multiply about 30 different cryptocurrencies, including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, TGBP, TCAD, TAUD, MCO, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM, XTZ, BCH, VET, ICX, ADA, ENJ, and now also ALGO. Profits are paid out each week and deposits are stored for a flexible period of 1 to 3 months. In addition, by increasing more than 500 MCO, you can increase the amount of the accrual.
ALGO on Crypto.com
ALGO is listed on the Crypto.com exchange! You can trade this stock using USDT, BTC and CRP.
– Crypto.com (@cryptocom) July 14, 2020
Increased interest rates for EOS, ETH, XRP, LTC and BCH on Crypto Earn!
From now you can earn up to 7.5 percent per year on EOS, 5.5 percent per year for ETH, XRP, LTC and BCH.
– Crypto.com (@cryptocom) July 9, 2020
The API Traders campaign lasts until the end of July
After the start of the REST API and WebSocket API Version 2 (V2) of the Crypto.com Exchange were successful, all traders using the API have the chance to win a CRO worth up to USD 11,000.
Awards in the campaign
The total sum of prizes USD 1,145,000 million will be distributed as follows:
The first 1,000 qualified participants (eligibility criteria below) will receive a prize of USD 1,000 in CRO.
Additionally, participants with the largest volumes will receive additional rewards at the end of the campaign:
Place 1: USD 10,000 in CRO
Place 2-10: USD 5,000 in CRO
Places 11 – 100: 1,000 USD in CRO
Eligibility for the campaign:
- A minimum turnover of USD 100,000 on any pair of USDT, using the V2 API before the end of the campaign;
- At least 1000 transactions made on any pair of USDT, using the V2 API before the end of the campaign;
- At least 5000 CROs additionally interested in the Crypto.com exchange before the end of the campaign
You can learn how to get started with the API here: LINK.
Campaign start: July 1, 2020, at 07:00 AM UTC
End of campaign: Friday, July 31, 2020, at 07:00 AM UTC