Cryptocurrency payment platform Crypto.com announced the launch of a special Bitcoin halving offer due on May 12th at 06:00 UTC. All users of the platform can attend the event and get the opportunity to buy Bitcoin at a price 50 percent discount without necessarily having to use Crypto.com’s native cryptocurrency, CRO.
At Crypto.com you can buy BTC with a 50% discount
Cryptocurrency payment provider Crypto.com has launched various new offers over the past few weeks aimed at making the lives of crypto users around the world easier. After rolling out a new crypto invoicing feature in March, the company decided to forego credit card fees for crypto purchases of essential items like grocery deliveries and groceries in early April.
Now, in May, the company announced that it will be hosting a Bitcoin Halving Special. According to the company’s official blog post, all users of the Crypto.com Exchange can participate in the Syndicate Halving Special, which allows users to buy Bitcoin at a 50 percent discount.
Crypto.com provided $ 1 million worth of BTC for the event and allows users to buy it at half the price.
Halving special rules and Twitter giveaway
According to the company, the Syndicate Halving Special begins Tuesday, May 12 at 6:00 a.m. UTC, with sales open for 24 hours. While staking from CRO is not required to attend the event, users who choose to stake can increase their maximum allotment for subscribing to BTC.
Users who do not deploy a CRO have their maximum allocations capped at $ 200, and the maximum allocations increase in proportion to the CRO deployed.
Table with the maximum allocation in CRO on Crypto.com. (Source: Crypto.com)
An “Acceptance Period” runs from May 14th to May 15th during which participants can accept or decline final CRO assignments. Residents of the United States, China and Hong Kong will be banned from The Syndicate’s campaign, the company said.
Aside from the event, the exchange also introduced a discount on trading fees for users who pay their fees with CRO, as well as a $ 100,000 giveaway on Twitter. Users were tricked into retweeting the company’s Halving Special announcement and following some additional instructions for a chance at $ 250.
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