Ripple Payments is a payment system for making seamless, cross-border transfers with low transaction fees. XRP powers the XRP Ledger and is the fifth-largest cryptocurrency by market capitalisation. With a strong presence in the cryptocurrency industry since its founding in 2012, the platform is used by major financial institutions, including banks, payment providers, and digital asset exchanges.
This week in the Crypto.com App, we’re giving you the chance to win up to US$1,000 worth of XRP simply by depositing or buying the token.
Campaign Period: 23 August 2023, 07:00 UTC – 6 September 2023, 00:00 UTC
Deposit and Buy Competition (US$10,000 Prize Pool)
The top 500 users ranked by XRP deposits or purchases will each win up to US$1,000 of the token.
How to participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Deposit or buy at least US$10 worth of XRP (Deposit Guide, Purchase Guide)
The top 500 eligible participants ranked by XRP Deposit and Buy Volume* by the end of the Campaign Period will win a share of US$10,000 in XRP, according to the table below:
| XRP Deposit and Buy Volume Rank | Prize (USD Equivalent) |
|---|---|
| 1 | $1,000 |
| 2 | $750 |
| 3 | $500 |
| 4 | $300 |
| 5 | $250 |
| 6 | $200 |
| 7 | $150 |
| 8 | $125 |
| 9 | $75 |
| 10 | $50 |
| 11-20 | $25 |
| 21-100 | $20 |
| 101-250 | $15 |
| 251-500 | $10 |
| XRP Deposit and Buy Volume Rank | 1 |
|---|---|
| Prize (USD Equivalent) | $1,000 |
| XRP Deposit and Buy Volume Rank | 2 |
| Prize (USD Equivalent) | $750 |
| XRP Deposit and Buy Volume Rank | 3 |
| Prize (USD Equivalent) | $500 |
| XRP Deposit and Buy Volume Rank | 4 |
| Prize (USD Equivalent) | $300 |
| XRP Deposit and Buy Volume Rank | 5 |
| Prize (USD Equivalent) | $250 |
| XRP Deposit and Buy Volume Rank | 6 |
| Prize (USD Equivalent) | $200 |
| XRP Deposit and Buy Volume Rank | 7 |
| Prize (USD Equivalent) | $150 |
| XRP Deposit and Buy Volume Rank | 8 |
| Prize (USD Equivalent) | $125 |
| XRP Deposit and Buy Volume Rank | 9 |
| Prize (USD Equivalent) | $75 |
| XRP Deposit and Buy Volume Rank | 10 |
| Prize (USD Equivalent) | $50 |
| XRP Deposit and Buy Volume Rank | 11-20 |
| Prize (USD Equivalent) | $25 |
| XRP Deposit and Buy Volume Rank | 21-100 |
| Prize (USD Equivalent) | $20 |
| XRP Deposit and Buy Volume Rank | 101-250 |
| Prize (USD Equivalent) | $15 |
| XRP Deposit and Buy Volume Rank | 251-500 |
| Prize (USD Equivalent) | $10 |
*‘Deposit and Buy Volume’ as used herein means the total US$ value of a user’s deposits and purchases of XRP token during the Campaign Period, and can be expressed as follows: XRP Deposit and Buy Volume = XRP Deposits + XRP Buys
Useful Links:
- Join us on Telegram to discuss with the Crypto.com Community
- Guide to completing account verification
- Guide to purchasing crypto in the Crypto.com App
Notes:
- Participation in the campaign is strictly optional.
- In addition to the following rules, please refer to the Terms and Conditions, which includes further rules regarding eligibility.
- The XRP App 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.
- Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (‘disqualified trades’), will not be counted towards the participant’s transaction volume.
- Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com.
- The XRP rewards will be credited to the recipients’ Crypto.com App account in XRP tokens within 90 days after the campaign ends.
- Recipients will be notified via email 14 days after the reward distribution is completed for confirmation.
- The XRP/USD exchange rate used to administer the campaign will be determined around the time of prize distribution at the sole discretion of Crypto.com.
- 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 XRP App Campaign, participants acknowledge having read the Global Marketing Privacy Notice of Crypto.com, 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 prize 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.
