Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, February 20 2020 - 22:59
AsiaNet
The Syndicate to List Chainlink (LINK)
HONG KONG, Feb. 20, 2020 /PRNewswire-AsiaNet/ --

    Crypto.com Exchange to list LINK with a 500,000 USD allocation at 50% OFF 
for CRO stakers

Crypto.com is pleased to announce the listing of Chainlink (LINK) 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 LINK at 50% 
off. The listing event will commence on Tuesday, 3 March 2020 on the Crypto.com 
Exchange.

Sale Amount & Subscription Price:

- Total LINK token Supply: $500,000 USD worth of LINK 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:

CRO Staked 10,000 50,000  100,000  500,000   1,000,000 5,000,000 50,000,000    
Maximum    $1,000 $2,000  $5,000   $15,000   $25,000   $100,000  $200,000
allocation*USD    USD     USD      USD       USD       USD       USD
(in CRO (Approx. (approx. (approx. (approx. (approx.  (approx.   (approx.
         17,000   34,000   85,000   255,000  425,000   1,700,000  3,400,000
         CRO)     CRO)     CRO)     CRO      CRO       CRO        CRO
 
*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 LINK tokens by
     contributing an amount of CRO tokens not exceeding their respective 
     maximum allocation. 
   - Staked CRO tokens may not be used to subscribe for LINK tokens in the 
     listing event

Listing Event Timeline: 

Syndicate Allocation Distribution: Listing event participants will receive 
their finalised LINK 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 LINK token allocation will be 
calculated as follows:

Notes:

     1) LINK token will be listed on the Crypto.com Exchange and App on
        Tuesday, 3 March 2020 with the following trading pairs: LINK/BTC, 
        LINK/USDT and LINK/CRO. 
     2) Crypto.com reserves the right to cancel or amend The Syndicate 
        campaign rules at its sole discretion. 
     3) 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 
[https://help.crypto.com/en/articles/3637769-faq-atom-50-off-listing-event-on-th
e-syndicate].

Not yet a Crypto.com Exchange user? 

Sign up [https://crypto.com/exchange] for the Crypto.com Exchange today, stake 
CRO to participate in the discounted LINK sale! Stay tuned for more exciting 
listing events on The Syndicate!

We are now accepting applications for digital assets to be listed on the 
Crypto.com Exchange through The Syndicate. Click here 
[https://crypto.com/en/listing.html] to have your project listed! 

About Crypto.com

Crypto.com was founded in 2016 on a simple belief: it's a basic human right for 
everyone to control their money, data and identity. With over 1 million users 
on its platform today, Crypto.com provides a powerful alternative to 
traditional financial services, turning its vision of "cryptocurrency in every 
wallet" into reality, one customer at a time. Crypto.com is built on a solid 
foundation of security, privacy and compliance and is the first cryptocurrency 
company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, 
Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 200+ strong 
team. For more information, please visit www.crypto.com

Photo: 
https://mma.prnewswire.com/media/1092996/Photo_1_The_Syndicate_Welcomes_LINK.jpg 
 
Photo: 
https://mma.prnewswire.com/media/1092997/Photo_2_Max_allocation_in_CRO.jpg  
Photo: https://mma.prnewswire.com/media/1092998/Photo_3_Syndicate_Timeline.jpg  
Photo: 
https://mma.prnewswire.com/media/1092999/Photo_4_User_Final_Allocation.jpg  
Logo: https://mma.prnewswire.com/media/888271/Crypto_Logo.jpg 


Source: Crypto.com