Mogo to Give Away Bitcoins to Celebrate Upcoming Launch of the MogoCrypto Account

Company launching first contest of its kind giving Canadians a chance to win a bitcoin each month for the next four months

Mogo Finance Technology Inc. announced that it has kicked off a contest to give away four bitcoins to existing and new MogoMembers. The contest celebrates the upcoming launch of MogoCrypto, a new product that will bring a new level of convenience and trust to buying and selling bitcoin for all Canadians.

Beginning with the first giveaway on December 31, 2017, Mogo will randomly select one MogoMember at the end of each month over the next four months to receive a free bitcoin, which as of December 21, 2017at 12:30 pm PST had a value of approximately $19,700¹. To become a MogoMember, users can simply open an account for free in minutes through the Mogo app or through their desktop. Additional contest details are available at www.mogo.ca/mogo-crypto and the Official Rules & Regulations are available at www.mogo.ca/pdfs/MogoBitcoinContestTermsAndConditions.pdf.

“Bitcoin is one of the most exciting new innovations in our lifetime and to celebrate the upcoming launch of our MogoCrypto account, we’re giving Canadians a chance to win one,” said David Feller, Founder and CEO of Mogo. “In addition, beginning in Q1 2018, we will offer members the ability to easily buy and sell bitcoin through their MogoAccount. We’ve seen the challenges in the marketplace today – there are a few options for buying and selling bitcoin and some providers have recently stopped accepting new accounts due to overwhelming demand. We also believe that for the average Canadian, buying bitcoin today can be complicated, intimidating and costly, but it shouldn’t be that difficult.  We’re creating a simple and trusted way for Canadians to add it to their financial holdings, leveraging our technology platform to provide a great user experience just as we have for other financial products.”