Crypto.com Launches Crypto Earn 3.0

HONG KONG, Sept. 5, 2019 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, announced today the following enhancements to Crypto Earn:

Increased interest rate for stablecoins:

CRO added to Earn: Deposits of Crypto.com Chain token (CRO) allow users to earn up to 18% p.a. (per annum). The minimum deposit is 10,000 CRO. With this addition, Crypto.com Chain Council Node Rewards will be migrated and integrated into Crypto Earn.

MCO Staking Rewards: In line with the community input, we are strengthening the value proposition for 500 MCO staking and above tiers as follows:

• Auto-Earn for Card Staking: Users with 500, 5k or 50k MCO staked for Cards will "Auto-Earn" interest at 6%, 8% and 8% p.a respectively from Crypto Earn. You can keep your tokens staked!
• Retroactive Payments: The retroactive payments of the interest on MCO Staked tokens from 25 June to now will be distributed by Thursday, 12th September in your MCO Wallet, and we have extended it to cover the 500 MCO staked users!
• 500 MCO Staking: From September 5th onwards, users will have to stake minimum 500 MCO to enjoy 2% bonus interest on Earn deposits. The 500 MCO minimum stake will apply for Credit and Invest fee discounts too.

The following table reflects new revised terms depending on staking level:

*The interest you receive is simple daily interest and will not be compounded.

About Crypto.com

Crypto.com was founded in 2016 to accelerate the world's transition to cryptocurrency. Key products include: the Crypto.com App, the best place to buy, sell, and pay with crypto, the MCO Visa Card, a metal card with no annual fees, and the Crypto.com Chain, which enables users to pay and be paid in any crypto, anywhere, for free. Crypto.com is headquartered in Hong Kong with a 150+ strong team. For more information, please visit: www.crypto.com.

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SOURCE Crypto.com

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