Bitcoin 50% discount on May 12, 2020 exclusively on Crypto.com

3 easy steps to sign up for BTC with The Syndicate:

3 easy steps to sign up for BTC with The Syndicate:

How it works?

How it works?

Crypto.com Exchange users can purchase a BTC amount by contributing a CRO amount that does not exceed their respective maximum allocation.

A maximum of $ 200 can be purchased without CRO cryptocurrency in the bank and can go up to $ 200,000 depending on the amount of CRO stored and available.

The maximum amount of CRO of each participant that can be applied to the special event depends on the amount of CRO that is deployed on Crypto.com Exchange as shown below:

In the example below, 10300 CROs are stored in the customer’s account, which allows Bitcoin to be purchased at half price for a total of up to $ 1000.

Determine your final bitcoin allocation

Determine your final bitcoin allocation

If at the beginning of the registration period the spot price of BTC: CRO 1 BTC: 100,000 CRO. After applying the 50% discount, the subscription price is set at 1 BTC: 50,000.00 CRO.

You want to apply 34,000 CRO to the subscription to purchase BTC. If the sale is 100% subscribed, the total amount of CRO applied by all contractors is 100 * 50,000.00 = 5,000,000 CRO

Example A.

Based on the above scenario, assume that everyone who participated in the sale applied a total of 3,000,000 CRO at the end of the sale.

Therefore, your final BTC allocation will be calculated as follows: 34,000 (the amount of your applied CRO) / 50,000.00 CRO (the Fixed Income BTC: CRO) = 0.68 BTC. The 34,000 CROs you paid will be used towards your participation.

Example B.

Based on the same scenario above, assume that everyone who participated in the sale applied a total of 5,000,000 CROs.

In this example the sale is 100% signed. Therefore, your final BTC allocation will be calculated as follows: 34,000 (the amount of your applied CRO) / 50,000.00 CRO (the Fixed Income BTC: CRO) = 0.68 BTC. The 34,000 CROs you paid will be used towards your participation.

Example C.

Based on the same scenario above, assume that everyone who participated in the sale applied a total of 20,000,000 CROs. Therefore, your final BTC allocation will be calculated as follows: 34,000 (the amount of your CRO applied) / 20,000,000 (the total CRO applied by all participants) * 100 BTC (total offer of BTC for sale) = 0 17 BTC

Given the reduced fixed subscription price of 1 BTC: 50,000.00 CRO, this is the CRO amount that we will deduct from your CRO amount brought in: 0.17 * 50,000.00 = 8,500.00 CRO. The remaining balance of 34,000 – 8,500.00 = 25,500.00 CRO will be refunded to your account.

Determine your final bitcoin allocation

24 hours after the registration period ends, Crypto.com will determine your final allotment of BTC according to the above conditions. Once the final association has been confirmed, you will have the option to accept it through the syndicate’s detail page after logging into your Crypto.com account.

Unused CROs will also be refunded to your account after you indicate your acceptance / rejection in the final assignment. You will lose your definitive allowance if you do not act within 24 hours of your definitive allowance being set. If you are less than 0.000001 BTC after setting your final allocation, your final allocation will automatically be considered 0 and will not be allocated to your BTC balance.

The distribution of bitcoins

If we have received your approval for your final allocation 24 hours after the subscription period has expired, a corresponding amount of BTC will be shown in your BTC exchange balance.

Notes: Crypto.com reserves the right to cancel or change the Syndicate campaign rules at its sole discretion. Citizens and residents of the United States, China and Hong Kong are excluded from the promotion of the syndicate.

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Bitcoin 50% discount on May 12, 2020 exclusively on Crypto.com
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