With the recent introduction of liquid staking in the Crypto.com App, users can now benefit from staking rewards and capture market opportunities simultaneously. At launch, the feature supports Ether (ETH) using Crypto.com Wrapped Staked ETH (CDCETH). Learn more about liquid staking here.
To celebrate the launch, we’re giving you the opportunity to boost your on-chain Staking earnings for ETH by an additional 3% p.a.!
Campaign Period: 1 December 2023 11:00 UTC – 14 December 2023 00:00 UTC
How do I participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Perform at least US$100 worth of ETH Net Deposits* during the Campaign Period (Guide)
- Complete one or both steps below:
The top 300 eligible participants ranked by ETH Net Deposits by the end of the Campaign Period will enjoy an extra 3% p.a. on their ETH stake or balance in Step (3) (‘Reward’)***, in addition to the reward rate displayed in the Crypto.com App.
The Reward will be distributed in ETH to the recipients’ Crypto Wallet the Crypto.com App by 23 March 2024.
*‘Net Deposits’ as used herein means the total value of a user’s deposits and purchases of ETH tokens during the Campaign Period and can be expressed as follows: ETH Net Deposits = Deposits (ETH) From External Exchanges and Wallets + Buy (ETH) – Sells (ETH) – Withdrawals (ETH)
**The Qualifying Balance or Staked Amount is capped at 3 ETH and the lowest of the following four numbers: (1) Total ETH Net Deposits during the Campaign Period, (2) Total ETH staked during the Campaign Period plus total net purchase of CDCETH during the Campaign Period, or (3) Average daily balance of ETH staked plus CDCETH balance during the 90 days after the Campaign Period. The additional rewards will be calculated as 3% x (90 / 365) x Qualifying Balance or Staked Amount
***The reward will only be credited if the recipient maintains their balance or stake until 13 March 2024, 23:59 UTC.
Useful Links:
Notes:
- Participation in the campaign is strictly optional.
- The relevant Net Deposits’ exchange rate and qualifying Balance or Staking Balance programme principal amount shall be as determined and calculated in Crypto.com’s sole and absolute discretion.
- In addition to the following rules, please refer to the Official Rules of Limited Offer, which apply to this Campaign. Participation in this Campaign is also subject to the Crypto Staking Terms & Conditions and Privacy Notice.
- The rewards will be distributed in a lump sum in ETH to eligible recipients in ETH by 23 March 2024. Qualifying recipients must maintain their Staking allocation amounts until the end of the relevant fixed term to receive the Rewards.
- The Campaign is offered by Crypto.com to Crypto.com App users who have successfully completed the identification process and all other onboarding procedures specified in the Crypto.com App by the end of the campaign period.
- Crypto.com reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
- By participating in the Campaign, participants acknowledge having read the Crypto.com Global Marketing Privacy Notice, which is published at https://crypto.com/privacy/marketing and understand that we may use their personal information for the purposes of assessing their eligibility to participate in the campaign, identity verification, and reward redemption.
- In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
- Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies involves a high degree of risk, and there is always the possibility of loss, including the loss of all or a substantial amount of your purchase price. Please seek professional advice before making any financial, investment, or trading decisions.
