Popular crypto fintech platform Crypto.com launches yet another amazing giveaway. This time around, four lucky winners will receive four different models of the popular Tesla electric car.
According to an official blog post, the Tesla car models up for grabs include the Model S, Model 3, Model X, and Model Y. The Tesla Model S is currently priced at $79,990, Model X at $89,990, Model Y at $41,990, and the Tesla Model 3 at $37,990. Bringing the total cost of the cars to a whopping $250,000. It is important to note that winners will have to go through and win a lucky draw organized by Crypto.com.
Details of the Giveaway
The giveaway event is tagged the Tesla Bitcoin Lucky Draw and is open to only Crypto.com app users. To be eligible to take part in the draw, interested app users will need to trade Bitcoin starting today, Tuesday, February 9, 2021, 11:00 (UTC), through March 8, 2021, 11:00 (UTC).
🗓️ Start trading now until 8 March
— Crypto.com (@cryptocom) February 9, 2021
How To Participate?
To participate, interested persons should first download and register on the Crypto.com app. They will then need to trade not less than $100 worth of Bitcoin (BTC) on the app. To do this, users simply need to click on the Trade button in the crypto fintech platform app. Every user who trades a minimum of $100 will receive one lucky draw ticket. At the end of the trading period, the crypto fintech platform will carry out a raffle draw to determine the four lucky winners.
To further improve users’ chances of winning, the crypto fintech platform has included an idea by which app users can receive up to 20 additional lucky draw tickets, giving them 20x more leverage of being picked during the raffle draw. This feature is also open to all participants. They only need to make the most of the CRO Booster, which they can access by staking the Crypto.com native token – CRO. The amount of CRO staked will furthermore determine the number of additional lucky draw tickets users will receive. Users who stake 5,000 CRO, 50,000 CRO, 500,000 CRO, and 5,000,000 CRO will receive 2, 6, 12, and 20 additional tickets respectively.
The crypto fintech platform also reserves the sole right to alter or cancel the rules guiding the campaign. Winners will be contacted via email and will also have to deal with taxes, fees, and shipping fees as determined by their geographical location.
The fintech and crypto card-issuing firm is well known for its positive stance and interest in being regulatory compliant. The firm is the first-ever crypto company to receive ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013, and PCI:DSS 3.2.1, Level 1 compliance certificates.
Interestingly, the crypto fintech platform also recently completed a strategic NFT giveaway. Tesla, the electric car company, recently purchased $1.5 billion worth of Bitcoin, propelling the crypto to its recent all-time high of over $47,000.
At the time of publication, CRO was trading at $0.074005, with a market cap of $1,715,989,991 and a 24-hour trading volume of $240,448,927.
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