Leading payments and cryptocurrency platform Crypto.com on June 16, 2020, announced that its Crypto Earn product now supports Enjin Coin (ENJ), the native digital token of the Enjin blockchain ecosystem. Earn users who hold ENJ can earn up to 6% p.a. on their deposits, paid in ENJ. Crypto.com is also featuring ENJ on its Syndicate platform, with an allocation of $500,000 in ENJ available at a 50% discount.
Earn Interest on Your ENJ Deposits
Crypto.com’s crypto interest-earning initiative, Crypto Earn, recently added ENJ to its catalog of supported cryptocurrencies. ENJ holders can now earn at least 6% p.a. on their deposits via Crypto Earn. The interest will be paid in ENJ, the announcement reads.
Notably, Crypto.com Private users will be able to earn slightly higher (up to 8% p.a.) interest on their ENJ tokens.
With the addition of ENJ, Crypto Earn now supports a total of 27 cryptocurrencies including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, TGBP, TCAD, TAUD, MCO, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM, XTZ, BCH, VET, ICX, and ADA.
Users who deposit their ENJ with Crypto Earn will receive weekly interest payments. In order to offer its users convenience with regard to accessing their deposited crypto assets, Crypto Earn provides flexible, 1-month, or 3-month deposit terms.
ENJ Syndicate Listing Event
In another development, Crypto.com is featuring ENJ on the Syndicate platform alongside the listing of ENJ on its exchange.
As per the announcement, all Crypto.com Coin (CRO) token stakers are eligible to participate in a discount sale event for $500,000 worth of ENJ at 50% off.
The listing event is poised to commence on June 23, 2020, on the Crypto.com Exchange. Users will be able to trade ENJ with the following two trading pairs: ENJ/USDT and ENJ/CRO.
Individuals who are not a user of Crypto.com yet must register with the platform to be able to participate in the ENJ discount sale event.
Live AMA Enjin CTO Witek Radomski and CMO Ilija Rolovic
In a blog post on June 16, Crypto.com declared that they would be hosting a live AMA with Witek Radomski, Co-founder, CTO, Enjin, and Ilija Rolovic, CMO, Enjin. The AMA will take place on Crypto.com’s official Telegram Channel from June 22, 2020, 11:00 PM HKT (GMT +8).
The AMA session will comprise of three sections:
- Brief introduction of Enjin
- Pre-collected Questions – Q&A between Host and Guest
- Live Q&A on Crypto.com’s Official Telegram channel
Additionally, interested people can participate in the live AMA to stand a chance to share a pool of 2,500 ENJ. Participants must be approved Crypto.com App users and must follow Crypto.com’s and Enjin’s official Twitter Account.
How to Submit Questions?
Crypto.com App users can submit their questions through the Google Form here. They must, however, ensure that they submit their questions by June 18, 2020, at 12:00 PM HKT (GMT +8). A maximum of 7 questions will be selected by the Enjin team.
Alternatively, Crypto.com App users can also submit their questions through the platform’s official Telegram channel during the LIVE Q&A section. Users will be unmuted for 2 minutes during which they can submit their questions. Each user can submit one question at most. The Enjin team will then select a maximum of 7 live questions.