Posted 11 months ago | by Ben Armstrong
Crypto.com Offers a Big Discount on Cardano (ADA)
The Syndicate ( a part of Crypto.com) platform recently announced the listing of Cardano (ADA). The firm will run a discounted sale event for $500,000 worth of ADA at 50 percent off to celebrate the listing.
The event will start on June 9 on the Crypto.com exchange.
Crypto.com has a wide footprint in the crypto industry. In addition to operating a well-built exchange, it also offers the MCO Visa card, which allows you to use tokens as cash.
If you are interested in shifting some of your money out of the fiat system, but still spending it like you would any other kind of money, click right here to sign up for an MCO Visa card, and receive a $50 rebate from Crypto.com!
Buy ADA at a 50% discount on Crypto.com
The cryptocurrency payment provider Crypto.com is known for promoting new discounts or sale events and also adding new features to its already robust platform.
Recently, the platform decided to work with Cardano (ADA), whose upcoming Shelley era will finally introduce staking and enable everyone to participate in the ecosystem.
In an announcement on May 27, Crypto.com introduced the listing of Cardano (ADA) on its fundraising platform, which called The Syndicate.
Also, the platform will allow all Crypto.com users that have staked CRO, the company’s native cryptocurrency will be able to participate in a sale event, which is to celebrate the listing.
According to the blog post, there will have $500,000 worth of ADA be available at 50 percent off to a limited number of users.
The promotion will start on Tuesday, Jun. 9 with the following pairs listed, including ADA /BTC, ADA /USDT, and ADA /CRO.
Begin sale: Tue June 9, 2020, at 06:00 am UTC
End sale: Wed June 10, 2020, at 06:00 am UTC
Acceptance period starts: Thu June 11, 2020, at 06:00 am UTC, participants will be able to accept or reject the final CRO allocation.
Acceptance period ends: Fri June 12, 2020, at 06:00 am UTC
Syndicate Allocation Subscription Rules
Each user of Crypto.com will be eligible to allocate the CRO coins which they own towards the listing event. According to the firm, each participant’s maximum amount of tokens that can be allocated will depend on the amount of CRO staked on the Crypto.com Exchange with the details shown on the firm’s website.
However, the firm also informed the public that the CRO tokens which already staked on the Crypto.com exchange may not be used to subscribe to the ADA sale. If you want to learn more about the upcoming sale, just click right here!