Crypto.com, the popular cryptocurrency exchange, has made an official announcement concerning a change in the withdrawal fee charges. According to the news, the exchange platform has lowered down the withdrawal fees on twelve major cryptocurrencies, including BTC, ETH, LTC, MCO, etc. The news was circulated amongst the community members through an official Twitter post.
https://t.co/vCNztABJoG lowers withdrawal fees on 12 cryptocurrencies, including #BTC, $ETH, $LTC, and $MCO. $BTC Details here: https://t.co/XsdaDSw5DX pic.twitter.com/liwuPaxn2O
— CRYPTO.COM (@cryptocom) February 4, 2020
The new withdrawal rates have become effective from February 5, 2020, at 4:40 AM UTC. The given below table highlights the old as well as the new withdrawal rates adopted by the Crypto.com exchange. Have a look:
| Cryptocurrency | Original Fee | New Fee | Cryptocurrency | Original Fee | New Fee |
| BTC | 0.0005 | 0.0003 | MKR | 0.004 | 0.002 |
| ETH | 0.01 | 0.003 | BAT | 5 | 4 |
| LTC | 0.01 | 0.05 | ZRX | 5 | 4 |
| BNB | 0.1 | 0.05 | MCO | 0.5 | 0.2 |
| XLM | 1 | 0.1 | KNC | 5 | 3 |
| LINK | 2 | 0.3 | MATIC | 100 | 50 |
Crypto.com recently broke the news about the launch of the weekly event for the holders of its native coin, CRO named Syndicate Lite. The event allowed the investors to indulge in a subscription of BTC at a whopping discount rate of 25% while staking CRO tokens. To give an advantage to the CRO holders, the exchange will give them preference at the time of allocation of priority token during the event. The exchange has set the event timeline at 6 AM UTC on February 5, 2020.
??Now Live! #BTC is now 25% off for 24 hours ($200K USD allocation). Stake $CRO and subscribe for #BTC NOW – closing at 6am UTC tomorrow! ?
Details https://t.co/svnkOCsaa7#CRO $BTC pic.twitter.com/jCa0LWua00
— Crypto.com (@cryptocom) February 4, 2020
The details about the Syndicate Lite event are given below:
- Discounted Allocation: $200,000 USD worth of BTC coin
- Discount Level: 25%
- Minimum contribution: 500 CRO
Presently, the CRO token price is rolling at a value of $0.054405 with a 24-hour trading volume of $8.96M in various exchange networks. The price is up by 0.50% in the last 24-hours span. The token has a circulating supply of 10.35B CRO, while the total supply is 100.00B CRO.
