Crypto.com Offers CHUMP Trading Promotion with $50,000 in USDT
Crypto.com is offering a promotion where users can trade their CHUMP and win a share of $50,000 in USDT. The promotion emphasizes that cryptoasset values can go up or down and returns may be subject to capital gains tax.
Cryptoassets are not regulated by the UK Financial Conduct Authority (FCA) and users maintaining them do not have protection under the Financial Services Compensation Scheme (FSCS) or recourse from the Financial Ombudsman Service (FOS).
Foris DAX UK Limited, trading as Crypto.com via the Crypto.com App, is registered with the FCA to provide cryptoasset services.