Sale Amount & Subscription Price:

  • Total BAT Supply: $500,000 USD worth of BAT
  • Discount rate: 50%

How can I participate in the BAT listing event on The Syndicate?

To participate in the BAT listing event, you need to:

  1. Successfully sign up as a Crypto.com Exchange user (for a step-by-step guide, click here).
  2. Stake at least 5,000 CRO in the Crypto.com Exchange account (for a step-by-step guide, click here).
  3. Trade at least $5,000 USD on the Crypto.com Exchange in the past 30 days. Trading volume is calculated daily. The past 30-day trading volume calculated on 18 Aug 2020 00:50:00 UTC will be used to determine your eligibility. The cutoff time for trades to be included is 17 Aug 2020 at 23:59:59 UTC.
  4. Use CRO to subscribe for BAT at a 50% discount during the subscription period.
  5. Not be a citizen and resident of the United States, China, or Hong Kong.

NOTE: The trading volume can take up to 1 hour to calculate at most. To avoid any delays, we advise you to satisfy the trading requirement well in advance of the subscription timelines.

NOTE: If your trading volume does not meet the requirement for the event start time, you can still continue to trade throughout the day. The trading volume between 18 Aug 2020 00:00:00 UTC and 23:59:59 UTC will calculate again the next day at 19 Aug 2020 00:50:00 UTC, and if you meet the volume and CRO staking requirements you can still subscribe before the event ends.

How do I stake CRO on Crypto.com Exchange and what are the benefits of staking?

Staking CRO on the Exchange will give you the following benefits:

  • If you have staked at least 5,000 CRO, become eligible to participate in the Syndicate’s listing event
  • CRO rebate when you pay trading fees with CRO
  • 20% p.a. interest paid daily

What’s the minimum amount of CRO I need to stake in order to participate in the BAT listing event?

In order to enjoy the 50% discount on BAT, you must have first staked a minimum amount of 5,000 CRO. The amount of CRO you have staked and the volume traded will determine the maximum amount of CRO you can use to subscribe for BAT at 50% discount:

**The maximum allocation in CRO stated in the table above is indicative and for reference only. Please visit crypto.com/exchange/syndicate on the event day to view the final maximum allocation.

For example, if a user staked 500,000 CRO and have traded at least $5,000 USD in the past 30 days, s/he can contribute a maximum of 93,000 CRO to subscribe for BAT at 50% discount during the subscription period.

  • Crypto.com Exchange users will be able to subscribe for BAT by contributing an amount of CRO tokens not exceeding their respective maximum allocation.
  • Staked CRO tokens may not be used to subscribe for BAT in this event.

When can I participate in the BAT listing event?

Please refer to the special event timeline below:

As stated in the timeline above, the subscription period will begin on 11 August 2020 at 6am UTC, and it will last for 24 hours.

To participate in the BAT listing event during the subscription period, place your subscription order by visiting https://crypto.com/exchange/syndicate/.

How do I find out how much I get allocated?

At the end of the Subscription Period, we will determine your final allocation of BAT according to the terms set out above. This information can be seen on the Syndicate details page on the Exchange or from the email notification.

How do I receive my allocation?

Once the final allocation is confirmed, you'll have the option to accept it on The Syndicate details page, after you log in to the Crypto.com Exchange.

The un-used CRO will also be refunded to your balance in the Exchange after you have indicated your acceptance/rejection of the final allocation.

For examples of how it works, please refer here.

You will forfeit your final allocation if you do not take action within 24 hours following the end of the Subscription Period.

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