Lendo is making your summer even more exciting and hopefully profitable. Starting on 1st July, it is adding new token purchase options which should help ICO participants who have been affected by the volatile state of the cryptocurrency market this year.
Previously, Lendo only accepted selected cryptocurrencies and fiat money for purchasing its ELT token. Now, it is offering a special deal to anyone owning SALT, NEXO or ORME tokens. We’ll be explaining why we’ve selected these three coins in a follow-up article.
How the Lendo Combi Package offer works
The offer works like this: Lendo will accept any of these three tokens in payment for 50% of the ELT you wish to purchase. For example, if you buy 1,000 ELT at €0.40, you will pay 50% of the purchase price in fiat money, BTC or ETH and you pay the other 50% in SALT, NEXO or ORME.
So far, so simple! And there are even more advantages for you when you buy a Lendo Combi Package.
When you buy 50% of your ELT with SALT, NEXO or ORME, we will credit the corresponding amount of ELT to your personal account in the back office. Once Lendo arrives at the end of its ICO, you then have a 30-day period in which to make a decision about these two options we are offering:
Keep your SALT, NEXO or ORME by paying off the 50% remainder of your ELT in fiat, BTC or ETH at the initial purchase price.
Forfeit ownership of your SALT, NEXO or ORME to Lendo.
But don’t worry, you always get to hold on to your ELT!
Basically, the 30-day period gives you the chance to decide whether or not you want to keep your SALT, NEXO or ORME.
If you decide you want to keep them, all you have to do is pay off the other 50% of your ELT in fiat, BTC or ETH. So, that would mean paying off the cost of 500 ELT at €0.40, using the example above. If you do this within the 30-day deadline, Lendo will return your SALT, NEXO or ORME to you.
On the other hand, you might decide you don’t want your SALT etc tokens back. Perhaps the price has gone down, or you simply don’t want them. In this case, Lendo will keep your SALT, NEXO or ORME tokens and ownership of those tokens passes to Lendo. If you miss the 30-day deadline, your SALT etc tokens will belong to Lendo. But, do remember – you always get to hold on to the ELT lodged in your personal account in the Lendo back office.
What’s the advantage of a Lendo Combi Package?
In short, you can hold two tokens with Lendo at the same time – ELT and SALT, ELT and NEXO, or ELT and ORME. The advantage here is that the value of one or both tokens has the potential to rise during the period of the offer.
How do I get my Combi Package?
We’re making it as simple as possible for you to make the most of this fantastic offer. Just register for a Combi Package at lendo.io, fill out the application form and we’ll email you detailed instructions about every aspect of the offer. And, of course, we’ll remind you about the 30-day deadline ahead of the end of Lendo’s ICO so that you don’t miss out on your options.
Make your Summer 2018 one to remember – sign up for a Lendo Combi Package now.
* (For the purposes of this offer, Lendo is using CoinMarketCap prices for SALT, NEXO and ORME.)
lendo.io
