Posted 9 months ago | by Ben Armstrong

Crypto.com Launches Exclusive Campaign for ALGO Deposits

Crypto.com is a pioneering payment and cryptocurrency platform which has now announced its latest campaign, allowing users to earn interests on their Algorand Tokens (ALGO).

Click here to take advantage of all the great benefits provided by the MCO Card as well as multiple features offered by Crypto.com. The platform is constantly running campaigns and launching new features, by signing up for the MCO card you will also receive $50 for free.

ALGO is the Newest Addition to Crypto Earn

Crypto.com has announced the addition of ALGO to its Crypto Earn feature, which allows users to earn up to 6.5% p.a. on their deposits paid in ALGO, while Crypto.com Private users can earn up to 8.5% p.a.

With this new altcoin, the number of coins supported by Crypto Earn is now 28, including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, TGBP, TCAD, TAUD, MCO, BAT, LINK, CRO, MKR, DAI, PAX, EOS, XLM, ATOM, XTZ, BCH, VET, ICX, ADA, ENJ, and ALGO.

Interests will be paid out to users weekly in the coins deposited with flexible, 1-month, and 3-month terms being available. Users can earn more money by staking at least 500 MCO.

Residents of the United States are excluded from this new campaign.

Moreover, deposits and withdrawals of ALGO are supported by the Crypto.com Exchange, which recently accepted HKD in its list of payment currencies. The Crypto.com App now supports payment by using USD, GBP, EUR, SGD, CAD, AUD, NZD, and HKG.

Deposits Competition has Started

Crypto.com is rolling out an exclusive campaign which includes a Deposits Competition and Double Interest Bonus on users’ ALGO deposits.

To learn more about ALGO’s interest rates, please visit the Crypto.com website as it depends on several factors.

Timeline of the campaign:

  • Starts on Wednesday, 8 July 2020, at 07:30 AM UTC
  • Ends on Wednesday, 15 July 2020, at 07:30 AM UTC

The top 100 users who made the biggest ALGO deposits to Crypto Earn during the promotion period, can get prizes in ALGO at the end of the competition period.

To be eligible and participate, the user must make a minimum deposit of 1000 ALGO to Crypto Earn on any deposit terms.

2x Interest Bonus on Algo Deposits

All users are eligible to receive up to Double Interest on their ALGO deposits by making a minimum deposit of at least 1000 ALGO on Crypto Earn on a 3-month deposit term during the promotion of period.

The Double Interest Bonus has a top limit of $10,000, ALGO equivalent will be dispensed to participants on a first-come-first-served basis.

Users will be able to stake 5000 MCO or more to increase their per annum by 2% on fixed-term deposits.
This campaign is not available for residents of the United States.

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