Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, April 02 2020 - 00:15
AsiaNet
Crypto.com Exchange Features ETH on The Syndicate Lite
HONG KONG, April 1, 2020 /PRNewswire-AsiaNet/ --

Crypto.com is pleased to announce the listing of Ethereum (ETH) on The 
Syndicate Lite platform. All Crypto.com token (CRO) token stakers will be able 
to participate in a discounted sale event for 250,000 USD worth of ETH at 25% 
off. The listing event will commence on Tuesday, 14 April 2020 on the 
Crypto.com Exchange.

Sale Amount & Subscription Price:

-  Total ETH Supply: $250,000 USD worth of ETH

-  Discount rate: 25%

Syndicate Lite 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  
Maximum 
allocation*  $1,000 USD  $2,000 USD     $5,000 USD     $15,000 USD
(in CRO)   (=22,000 CRO) (=44,000 CRO) (=110,000 CRO) (=330,000 CRO)


CRO Staked     1,000,000       5,000,000          50,000,000
Maximum 
allocation*   $25,000 USD     $100,000 USD       $200,000 USD
(in CRO)    (=550,000 CRO)  (=2,200,000 CRO)    (=4,400,000 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 Lite Allocation Subscription:

Crypto.com Exchange users will be able to subscribe for ETH by contributing an 
amount of CRO tokens not exceeding their respective maximum allocation.
Staked CRO tokens may not be used to subscribe for ETH in this event.
Listing Event Timeline:

Syndicate Lite Allocation Distribution: Listing Event participants will receive 
their finalised ETH allocation at Distribution Time. If the total contributed 
amount for the listing event is above the total discounted allocation, each 
individual participant's final ETH coin allocation will be calculated as 
follows:

Notes:

Crypto.com reserves the right to cancel or amend The Syndicate Lite campaign 
rules at its sole discretion.
Citizens and residents of the United States, China and Hong Kong will be 
excluded from The Syndicate Lite campaign.
For details, refer to the FAQ  on The Syndicate here.

Crypto.com is now accepting applications for digital assets to be listed on the 
Crypto.com Exchange through The Syndicate. Click here to have your project 
listed!


Photo: https://mma.prnewswire.com/media/1140247/Crypto_com_Exchange_Deal.jpg 
Photo: 
https://mma.prnewswire.com/media/1140248/The_maximum_allocation_in_CRO.jpg  
Photo: https://mma.prnewswire.com/media/1140249/Listing_Event_Timeline.jpg   
Photo: 
https://mma.prnewswire.com/media/1140250/Syndicate_Lite_Allocation_Distribution.jpg 
  
Logo: https://mma.prnewswire.com/media/888271/Crypto_Logo.jpg   


SOURCE: Crypto.com