Attention Alogrand (ALGO) hodlers - we have recently added ALGO to Crypto Earn. Users can now earn up to 6.5% p.a. on their allocations, paid in ALGO. With this new addition, Crypto.com is launching an exclusive campaign featuring an Allocations Competition and an opportunity for you to get 2x Rewards Bonus on your ALGO allocations!
ALGO Rewards Table:
Crypto.com Private users can earn an additional 2% p.a. on ALGO fixed-term allocations (paid in MCO).
Begins: Wednesday, 8 July 2020, at 07:30 AM UTC
Ends: Wednesday, 15 July 2020, at 07:30 AM UTC
1/ Crypto Earn Allocations Competition - 100 Winners!
During the promotion period, the top 100 users who made the largest ALGO allocation to Crypto Earn can receive prizes in ALGO at the end of the competition period.
- Make a minimum allocation of 1000 ALGO to Crypto Earn on any allocation term.
2/ Double Rewards Bonus on your ALGO Allocations - USD$10,000 up for grabs!
During the promotion period, all eligible users who made a minimum allocation of at least 1000 ALGO on Crypto Earn on a 3-month allocation term are eligible to receive up to Double Rewards on their ALGO allocations*. The Double Rewards Bonus is capped at $10,000 USD (ALGO Equivalent) and will be distributed to participants on a first-come-first-serve basis.
- Make a minimum allocation of 1000 ALGO to Crypto Earn on a 3-month allocation term.
Exchange Rate: 1 ALGO : $0.2 USD
Total Rewards: $10,000 USD (50,000 ALGO)
Based on the above example, only the first 951 users will receive Double Rewars Bonus. The remaining participants will not receive any rewards bonus as the Total Rewards of 50,000 ALGO have been completely distributed to the first 951 Users.
*Users that stake 5000 MCO or more earn an additional 2% p.a. on fixed term allocations (paid in MCO). Not applicable to MCO or CRO allocations.
**Double Rewards Bonus is based on 7 days of your allocation tenure
***Aggregate total of rewards bonus across all users (7 days), capped at $10,000 USD (ALGO) equivalent), and will be distributed to participants on a first-come-first-serve basis.
- All Crypto.com approved users of the Crypto.com App can participate. (Except residents of the United States)
- Crypto.com reserves the right to cancel or amend the campaign rules at our sole discretion.
- Winners of the Crypto Earn Allocations Competition are not eligible to participate in the Double Rewards Bonus Promotion.
- ALGO rewards will be issued within 14 days after the campaign ends. You can log in and see your prize in your App's ALGO wallet section.
- Crypto.com will use the average price of ALGO/USDT trading pairs during the competition period as the ALGO/USDT exchange rate used for distribution.By participating in this promotion, all users agree to the Privacy Notice of Crypto.com, which is published at https://crypto.com/en/privacy/global.html