The fintech platform Crypto.com added support for Vechain VET token on the Syndicate Lite Platform as we are reading in the Vechain VET news today.
The fintech platform Crypto.com was happy to announce that the listing of Vechain is expected to go live on Tuesday, April 23rd, 2020. According to the announcement, all of the crypto.com token stakers will be able to bid for $500,000 worth of VET on the sale available on the platform at a discounted price. All of the VET tokens will be sold at a 50% discount for CRO stakes only. All of the participants during the discounted sale will be able to participate depending on the amount of the CRO tokens staked.
As a word of caution, the users are advised to visit the crypto.com syndicate website on a listing day and to confirm the maximum amount allocated. To participate in the Vechain sale event, all of the users have to contribute CRO tokens. The tokens, however, have to be in amounts that are not greater than their maximum allocation benchmark. The users should be aware that the CRO tokens will not be accepted as a subscription for the VeChain VET coins in this event. All of the participants will receive their final VET token allocation at distribution time. The VET trading pairs will include VET/USDT, VET/CRO, VET/BTC. Crypto.com reserves the right to terminate or to review the terms of discounted sale at any time and the platform is open for all users across the world. The users in China, the USA, and Hong Kong are not eligible to participate in the syndicate campaign.
In order to participate, you have to be a part of the crypto.com community. You will first have to sign up on the Crypto.com platform and stake CRO Tokens so you become eligible to take part in VeChain 50% discounted sale event. The platform also accepts crypto applications. Also, the previous week, the crypto exchange CoinDCX listed the fintech platform’s MCO tokens and announced a new strategic integration of the payment app Crypto.com Pay with ledger. The exchange launched the ETH token at 25% off on the Syndicate Platform.
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