Attention Alogrand (ALGO) hodlers - we have recently added ALGO to Crypto Earn. Users can now earn up to 6.5% p.a. on their deposits, paid in ALGO. With this new addition, Crypto.com is launching an exclusive campaign featuring a Deposits Competition and an opportunity for you to get 2x Interest Bonus on your ALGO deposits!
ALGO Interest Table:
Crypto.com Private users can earn an additional 2% p.a. interest on ALGO fixed-term deposits (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 Deposits Competition - 100 Winners!
During the promotion period, the top 100 users who made the largest ALGO deposits to Crypto Earn can receive prizes in ALGO at the end of the competition period.
- Make a minimum deposit of 1000 ALGO to Crypto Earn on any deposit terms.
2/ Double Interest Bonus on your ALGO Deposits - USD$10,000 up for grabs!
During the promotion period, all eligible users who made a minimum deposit of at least 1000 ALGO on Crypto Earn on a 3-month deposit term are eligible to receive up to Double Interest on their ALGO deposits*. The Double Interest 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 deposit of 1000 ALGO to Crypto Earn on a 3-month deposit terms.
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 Interest Bonus. The remaining participants will not receive any interest 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 deposits (paid in MCO). Not applicable to MCO or CRO deposits.
**Double Interest Bonus is based on 7 days of your deposit tenure
***Aggregate total of interest 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 Deposits Competition are not eligible to participate in the Double Interest 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