Crypto.com Exchange to list XTZ with a $500,000 USD allocation at 50% OFF for CRO stakers.
HONG KONG, March 5, 2020 – Crypto.com is pleased to announce the listing of Tezos (XTZ) on The Syndicate platform. All Crypto.com token (CRO) token stakers will be able to participate in a discounted sale event for 500,000 USD worth of XTZ at 50% off. The listing event will commence on Tuesday, 17 March 2020 on the Crypto.com Exchange.
Sale Amount & Subscription Price:
- Total XTZ token Supply: $500,000 USD worth of XTZ token
- 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:
Syndicate Allocation Subscription:
- Crypto.com Exchange users will be able to subscribe for XTZ tokens by contributing an amount of CRO tokens not exceeding their respective maximum allocation.
- Staked CRO tokens may not be used to subscribe for XTZ tokens in the listing event
Listing Event Timeline:
Syndicate Allocation Distribution: Listing event participants will receive their finalised XTZ token allocation at Distribution Time. If the total contributed amount for the listing event is above the total discounted allocation, each individual participant’s final XTZ token allocation will be calculated as follows:
- XTZ token will be listed on the Crypto.com Exchange and App on Tuesday, 17 March 2020 with the following trading pairs: XTZ/BTC, XTZ/USDT and XTZ/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.
Not yet a Crypto.com Exchange user?
Sign up for the Crypto.com Exchange today, stake CRO to participate in the discounted XTZ sale! Stay tuned for more exciting listing events on The Syndicate!
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