Crypto.com exchange is ushering in the Christmas season with a campaign aimed at increasing users’ CRO balances.
The trading platform today launched its Festive CRO campaign, offering customers a new way to accumulate Kronos’ native tokens.
Meanwhile, events over the past month are sparking optimism as individuals focus on the $55,000 prize pool.
This strategic promotion allows users to increase their CRO holdings while leveraging the Crypto.com app and enjoying additional benefits.
These incentives remain important as digital asset enthusiasts seek year-end opportunities amid continued disruption.
The official blog says:
This holiday season, we’re giving you even more reasons to increase your CRO balance on the Crypto.com app with the Festive CRO campaign, which features a total CRO reward pool of $55,000.
On the other hand, this update coincided with the impressive performance of the native token.
CRO posted an increase of over 3% in the past 24 hours, outperforming the broader cryptocurrency industry.
For context, the global cryptocurrency market capitalization increased by 1.35% to $3 trillion in the previous day.
Enthusiasts will be keeping an eye on the altcoin’s performance in the coming sessions as the month-long event impacts sentiment.
$5,000 CRO Accumulation Challenge
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This exchange introduced a competitive strategy.
This strategy sparked interest in the CRO Buying Challenge, which consisted of a $5,000 reward pool.
Here, the top 10 participants will be determined based on their CRO purchases during the campaign, and each participant will claim $500 worth of CRO tokens.
Most importantly, anyone can participate in this challenge.
This means that if you consistently build up your CRO holdings by Christmas, you can claim a hefty year-end bonus.
Those who prefer leaderboard-style on-chain contests can use this as an opportunity to win during the holiday season.
The core of Crypto.com’s promotion is a $50,000 rebate pool exclusive to subscribers of the exchange’s Level Up Initiative.
Individuals who purchase at least $500 worth of CRO during a one-month period are eligible for tokenback incentives. The team explained:
Crypto.com app users who enroll in Level Up and purchase at least $500 in CRO are eligible for tier-based rebates. Rewards will be allocated starting with the top users with the highest net CRO purchases until the full $50,000 of CRO has been distributed.
qualification
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The exchange highlighted that the campaign is available in some jurisdictions.
Users must be of legal age and must not reside in Canada, Israel, Hong Kong, Japan, Singapore, Switzerland, United Kingdom, Turkey, New Zealand, or Kazakhstan.
CRO price outlook
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Kronos’ native token maintained a bullish outlook on the daily time frame.
It rose more than 3% in the past 24 hours to $0.1099.
Charts by Coinmarketcap
However, CRO trading volume has fallen 10% in the past 24 hours, weighed down by widespread selling pressure.
Therefore, altcoins continue to brace for a short-term uptrend.
