July at Crypto.com has been marked by “ALGO” so far, because it is with this project that the most interesting events are related. Until the end of the month, there is also a competition for API Traders, and European MCO Visa card holders can recharge them again.
Restoration of top-ups in EUR
To start, short but very good news, especially for all European MCO Visa card holders! Top-ups in EUR have already been restored.
Already tomorrow Syndicate Algorand (ALGO) – cryptocurrency with a 50% discount
Already tomorrow, July 14, 2020, 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, ALGO 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 ALGOs per 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.
Even more ALGO from Crypto Earn
ALGO deposits and withdrawals are now possible in the Crypto.com application!
All ALGO holders can now breed their tokens at Crypto Earn, and thus earn up to 6.5% per year on the deposit (paid at ALGO). In addition, Crypto.com Private users can earn up to 8.5% per annum.
We remind you that in Crypto Earn you can multiply 28 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.
Competition for ALGO Hodler
On the occasion of the above news related to ALGO, Crypto.com decided to organize one more competition in which the total prize pool is USD 10,000.
Competition time range:
Start: Wednesday, July 8, 2020, at 07:30 AM UTC
End: Wednesday, July 15 2020, at 07:30 AM UTC
How to participate
During the competition 100 winners will be selected who will make the largest ALGO deposits in Crypto Earn for a period of 3 months:
In addition, Crypto.com doubles the calculation of ALGO deposits at Crypto Earn – the total pool is $ 10,000 in additional calculations at ALGO.
You can read more about this in this article: LINK.
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