Wed. Oct 20th, 2021

The 5x and 10x Margin Trading feature is live in the Crypto.com Exchange. To celebrate this launch, we are giving away USD 20,000 of CRO and autographed Aston Martin Cognizant Formula One™racing gear to the users with the highest Margin Trading volume using 5x/10x leverage.

Simply create a Margin Wallet and start trading with 5x/10x leverage to participate!

Sign-up for the campaign now!

Campaign Period: 10 September 2021 at 07:00 UTC – 25 September 2021 at 00:00 UTC

Part 1 – The top 200 traders will win a total of USD 20,000 in CRO and exclusive Aston Martin Cognizant Formula One™ racing gear

The 200 traders who attain the highest Margin Trading Volume* with 5x/ 10x leverage (at least USD 1,000 equivalent) will be the prize recipients.

*Margin Trading Volume = Margin Trading Buys + Margin Trading Sells

Rank by Trading Volume

CRO Prize Per Winner (USD Equivalent)

1st

$1,500 + An original helmet from one of the Aston Martin Cognizant Formula One™ Team

2nd

$1,000  + A pair of original gloves from one of the Aston Martin Cognizant Formula One™ Team

3rd

$800

4th

$700

5th

$600

6th – 10th

$400

11th – 20th

$200

21st – 100th

$80

101th – 200th

$50

Part 1 Eligibility Requirements:
1. Complete identity verification in the Crypto.com Exchange and attain ‘KYC Advanced’ status
2. Perform at least one Margin Trade with 5x/10x leverage on the Crypto.com Exchange
3. Have a Margin Trading Volume of at least USD 1,000 during the Campaign Period
4. Sign-up to participate in the campaign with your Exchange referral code!

Part 2 – Try out the new 5x/10x feature and Margin trade at least USD 500 to enter the lucky draw to win one of the 20 exclusive prizes from the Aston Martin Cognizant Formula One™ Team

Part 2 Eligibility Requirements:
1. Have a Margin Wallet in the Crypto.com Exchange
2. Perform at least one Margin Trade with 5x or 10x leverage on the Crypto.com Exchange
3. Attain a Margin Trading Volume of at least USD 500 during the Campaign Period
4. Sign-up to participate in the campaign with your Exchange referral code!
5. 20 winners will receive one exclusive shirt or hat from the Aston Martin Cognizant Formula One™ Team

For further eligibility rules, please refer to the Official Rules for Sweepstakes.
Users can be rewarded for both Part 1 and Part 2 of the campaign.

What is Margin Trading?
Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements. Users can access up to 10x leverage for eligible pairs. The Crypto.com Coin (CRO) powers Margin Trading with additional utility, offering preferential interest rates—as low as 0.008% per day—to users who stake CRO.

Check out our step-by-step video guides on How to Set Up Your Margin Trading Account and Use your Margin Trading Account.

Useful Links:

Join us on Telegram to connect with our community.Check out the latest New Exchange Users Incentives.FAQ on how to register an account on the Crypto.com Exchange.Refer to this FAQ for the latest list of supported margin trading pairs.Refer to this Margin Trading FAQ for more details about borrowing limits, and interest rates.

Notes:

In addition to the following rules, please refer to the Official Rules for Sweepstakes for further rules regarding eligibility.Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (“Disqualified Trades”) will not be counted towards the transaction volume of the participant.Participants of the campaign must have successfully completed KYC verification and all other onboarding procedures specified in the Crypto.com Exchange and comply with all campaign rules provided by Crypto.com to be eligible.Hong Kong Residents and Citizens are not eligible to participate in Part 2 of this campaign.Margin trading geo-restrictions apply, please refer to this list for the excluded jurisdictions.The Aston Martin Cognizant Formula One™ Team prizes for the campaign will be mailed to the winners’ address after the end of the campaign. Winners will be contacted via email to collect the mailing address within 21 days after the campaign end date to arrange for delivery.A weekly leaderboard will show the top 10 eligible participants for Part 1 of the campaign and their ranking by Margin Trading Volume share percentage. The eligibility of participants will be verified by Crypto.com after the campaign ends and the final results will be published.Users can be rewarded for both Part 1 and Part 2 of the campaign.Crypto.com reserves the right to cancel or amend the campaign rules at our sole discretion.The CRO prizes will be deposited into the winner’s CRO Wallet in the Crypto.com Exchange within 21 days after the Campaign End Date.All winners will receive a confirmation email within 21 days after the Campaign End Date.Winners may be required to prove eligibility including proof of age, residence, and identity, which may include submitting a copy of his/her passport or similar government issued identification to collect the physical gifts.(Applicable to US participants) No purchase necessary. To enter for a chance to win, please mail your contact information to 10752 Deerwood Park Boulevard, South Waterview II, Suite 100, Jacksonville, FL 32258. Subject to individual eligibility requirements, all mail-in entries must be received prior to the end of the Campaign Period to qualify.All personal data collected is used strictly for verification purposes only.The links provided above to helpful information are for reference only.By accepting the prize, winners agree to the Privacy Notice of Crypto.com, which is published at crypto.com/en/privacy/global.html.

Important Note on Margin Trading
YOU MUST SEEK PROFESSIONAL ADVICE REGARDING YOUR PARTICULAR SITUATION BEFORE CONDUCTING MARGIN TRADING. THE RISK OF LOSS IN FINANCING A TRANSACTION USING BORROWED VIRTUAL ASSETS CAN BE SUBSTANTIAL. YOU MAY LOSE ALL OR MORE THAN THE VIRTUAL ASSETS YOU PLACE TO SECURE THE BORROWED VIRTUAL ASSETS. YOU MAY BE CALLED UPON AT SHORT NOTICE TO MAKE ADDITIONAL VIRTUAL ASSET CONTRIBUTIONS. IF YOU DO NOT MAKE SUCH CONTRIBUTIONS WITHIN THE PRESCRIBED TIME, YOUR VIRTUAL ASSETS MAY BE LOST WITHOUT FURTHER NOTICE TO YOU. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH ARRANGEMENTS ARE SUITABLE FOR YOU IN LIGHT OF YOUR INVESTMENT OBJECTIVES, FINANCIAL CIRCUMSTANCES, YOUR TOLERANCE TO RISKS AND YOUR INVESTMENT EXPERIENCE. YOU SHOULD BE CAPABLE OF BEARING A FULL LOSS OF THE AMOUNTS INVESTED AS A RESULT OF OR IN CONNECTION WITH ANY ORDER AND ANY ADDITIONAL LOSS OVER AND ABOVE THE INITIAL AMOUNTS INVESTED THAT MAY BECOME DUE AND OWING BY YOU. IN CONSIDERING WHETHER TO TRADE OR INVEST, OR USE ANY MARGIN TRADING FACILITY OR OTHER SERVICE, YOU SHOULD INFORM YOURSELF AND BE AWARE OF THE RISKS GENERALLY, AND IN PARTICULAR SHOULD NOTE THE SPECIFIC RISK FACTORS WHICH MAY APPLY.

Avatar

By

Leave a Reply

Your email address will not be published. Required fields are marked *