Crypto.com has introduced a first-of-its-kind sports event trading feature for U.S. users, letting them predict the outcome of major sports events like the Super Bowl.
As per the announcement, the feature is available on the app and web, offering simple yes/no contracts under CFTC regulation.
It is available on the Crypto.com app and website, marking a first for the industry. It’s a regulated product under the CFTC (Commodity Futures Trading Commission), making it safe and secure for users to trade their opinions.
Additionally, Crypto.com is running a campaign to celebrate this launch from December 23, 2024, to January 13, 2025. During this period, 10,000 lucky U.S. users will each win $100 worth of the Cronos Crypto Basket.
Users who sign up using a referral code will get $10 in CRO tokens after their first sports trade, as will the friend who referred.
For this, the user must activate the USD wallet and enable derivatives in the Crypto.com app or website. The user has to make the first trade on a sports event contract within 30 days of signing up. This new feature offers an easy way for users to engage with sports predictions while exploring Crypto.com’s innovative trading platform.
This new offering adds to Crypto.com’s growing list of regulated financial products, providing an innovative way for users to engage with their favorite sports while potentially earning rewards.
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