Posted 8 months ago | by Ben Armstrong

The Syndicate Launches COMP Campaign as Coin is Added to Crypto Earn

Crypto.com has announced a listing event on the crypto.com exchange with a $500,000 allocation at 50% off for COMP in The Syndicate.

This is the latest event running in The Syndicate as the crypto platform continues to add support for new cryptocurrencies and features. To take advantage of everything that crypto.com has to offer as well as receive $50 for free by getting their Debit Card, click here.

Get 50% Off in COMP by Taking Advantage of the Event

The Hong Kong-based cryptocurrency payment platform announced the listing of the Compound Governance Token (COMP) for all Crypto.com Coin (CRO) stakers to partake in a discounted sale campaign for $500,000 worth of COMP at 50% off.

The Syndicate listing event will start on 25 August 2020 and will go until 28 August 2020 on the Crypto.com Exchange with the trading pairs COMP/USDT and COMP/CRO.

The event will consist of two periods, the first being the sale period which will go from 25 August 2020, at 06:00 am UTC, when the CRO/COMP Subscription price is fixed, to Wednesday 26 August 2020, at 06:00 am UTC.

Then an acceptance period will begin on Thursday 27 August 2020, at 06:00 am UTC, when participants will be able to accept or reject their final COMP allocations and COMP and CRO refunds will be distributed.

The acceptance period ends on Friday 28 August 2020, at 06:00 am UTC, when all CRO funds will be distributed for forfeited participants.

Things to Keep in Mind

The Syndicate listing event does not apply to citizens and residents of the United States, China, and Hong Kong.

The maximum amount of CRO that each participant can apply for in the event depends on the amount of CRO staked and volume of trade for 30 days.

The event requires to trade at least $5000 worth of volume in the past 30 days on the Crypto.com Exchange to be eligible to subscribe.

Earn up to 3% p.a. on COMP Deposits with Crypto Earn

Crypto.com has also has added COMP to Crypto Earn, with holders now being able to earn up to 3% p.a. on their COMP deposits and up to 5% p.a. is for Crypto.com Private users.

In addition to this, users can now deposit and withdraw COMP by using the Crypto.com App for more convenience.

The number of coins supported by Crypto Earn is over 30 now, including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, TGBP, TCAD, TAUD, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM, XTZ, BCH, VET, ICX, ADA, ENJ, ALGO, KNC, ERD, and COMP.

Interests are delivered weekly in the coin deposited with the flexible term, including 1-month or 3-month. Users can also earn more by staking at least 10,000 CRO.

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