In a significant move that bridges the worlds of cryptocurrency and travel, the leading cryptocurrency platform Crypto.com has announced a strategic partnership with the Accor hospitality group’s loyalty program, ALL (Accor Live Limitless).
This collaboration marks an important milestone, as it now allows Crypto.com users to directly convert over 20 different cryptocurrencies, including major digital assets like Bitcoin (BTC), Ethereum (ETH), and Crypto.com’s native token Cronos (CRO), into Accor Reward points.
Expanded Travel Flexibility for Crypto Enthusiasts
Through this partnership, Crypto.com customers will gain unprecedented access to Accor’s vast global hospitality network, which encompasses over 5,400 hotels and resorts across 110 countries.
By converting their cryptocurrency holdings into Accor Reward points, users can seamlessly book accommodations, experiences, and other travel-related services using their digital currency funds.
This integration represents a major advancement, providing Crypto.com’s user base with greater flexibility and options when it comes to utilizing their crypto assets for travel and leisure purposes.
Also Read: Crypto.com Inks Banking Partnership Deal With Deutsche Bank For Australia, Hong Kong, and Singapore
Attractive Bonus Rewards for Crypto-to-Reward Point Conversions
To further incentivize Crypto.com users to take advantage of this new partnership, the platform is offering an attractive bonus rewards program.
Customers who convert their cryptocurrencies into Accor Reward points will be eligible to receive up to a 10% bonus in Cronos (CRO) tokens.
This additional reward serves as a compelling incentive for Crypto.com’s customer base to explore the benefits of seamlessly transitioning their digital assets into the Accor loyalty program, potentially enhancing the overall value proposition for their crypto holdings.
Positive Market Reaction Reflected in Cronos (CRO) Price Surge
Coinciding with the announcement of the Crypto.com-Accor partnership, the price of Cronos (CRO), Crypto.com’s native cryptocurrency, has experienced a significant surge.
The CRO token is currently trading at $0.1883, representing an 8.69% increase in the last 24 hours and an 11.36% price appreciation over the past 7 days.
This positive market reaction underscores the potential impact and strategic importance of the collaboration, as investors and the broader crypto community recognize the value and opportunities it presents for Crypto.com and its ecosystem.
Also Read: Crypto.com Adds $ZKCRO to Supported Assets with Cronos zkEVM Deposits and Withdrawals, Prices Up 7%