Crypto.com Exchange to list ADA with a $500,000 USD allocation at 50% OFF for CRO stakers
HONG KONG, May 27 2020 – Crypto.com is pleased to announce the listing of Cardano (ADA) on The Syndicate platform. All Crypto.com Coin (CRO) stakers will be able to participate in a discounted sale event for 500,000 USD worth of ADA at 50% off. The listing event will commence on Tuesday, 9 June 2020 on the Crypto.com Exchange.
Sale Amount & Subscription Price:
- Total ADA coin Supply: $500,000 USD worth of ADA coin
- Discount rate: 50%
Syndicate Allocation: Each participant’s maximum amount of CRO that can be applied towards the listing event will depend on the amount of CRO Staked on the Crypto.com Exchange, as shown below:
*The maximum allocation in CRO stated in the table above is indicative and for reference only. Please visit crypto.com/exchange/syndicate on the listing day to view the final maximum allocation.
Syndicate Allocation Subscription:
- Crypto.com Exchange users will be able to subscribe for ADA coins by contributing an amount of CRO tokens not exceeding their respective maximum allocation.
- Staked CRO tokens may not be used to subscribe for ADA coins in the listing event
Listing Event Timeline:
Syndicate Allocation Distribution: Listing event participants will receive their finalised ADA coin allocation at Distribution Time. If the total contributed amount for the listing event is above the total discounted allocation, each individual participant’s final ADA coin allocation will be calculated as follows:
- ADA will be listed on the Crypto.com Exchange on Tuesday, 9 June 2020 with the following trading pairs: ADA /BTC, ADA /USDT and ADA /CRO.
- Crypto.com reserves the right to cancel or amend The Syndicate campaign rules at its sole discretion.
- Citizens and residents of the United States, China and Hong Kong will be excluded from The Syndicate campaign.
For details, refer to our FAQ here.
Not yet a Crypto.com Exchange user?
Sign up for the Crypto.com Exchange today, stake CRO to participate in the discounted ADA sale! Stay tuned for more exciting listing events on The Syndicate!
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