Enjoy 3% p.a. Extra for Your ETH and/or CDCETH Stake

Simply purchase ETH or CDCETH for the chance to amp up your rewards

May 31, 2024

Eth & Cdceth Staking Campaign Blog

If you’d like to earn token rewards in the Crypto.com App, there are no shortage of ways to do so! Among the simplest is on-chain Staking — available for ETH, CDCETH, and 15+ more top cryptocurrencies.

With on-chain Staking, you enjoy regular reward payouts, no staking limits, and the flexibility to unstake anytime post-activation.

Now, you have the opportunity to gain 3% p.a. extra for not one, but two coins: ETH and CDCETH. All you need to do for the ETH & CDCETH Staking Campaign is purchase and stake ETH and/or CDCETH by 14 June.

Campaign Period: 31 May 2024, 10:00 UTC – 14 June 2024, 23:59 UTC

How do I participate?

  1. Sign up or sign in to the Crypto.com App (Guide)
  2. Go to the campaign section on the home screen and tap ETH & CDCETH Staking Campaign > Join Now. Select the banner of the token you wish to enjoy a higher rewards rate for.
  3. Perform at least US$100 worth of ETH Net Buys* and/or CDCETH Net Buys* during the Campaign Period (Guide)
  4. Stake any amount of ETH and/or CDCETH during the Campaign Period** and maintain your stake until 12 September 2024, 23:59 UTC

The top 300 users ranked by ETH Net Buys and CDCETH Net Buys each by the end of the Campaign Period will enjoy an extra 3% p.a. on their ETH and/or CDCETH stake in Step 3***. This is in addition to the rewards rate displayed in the Crypto.com App.

The rewards will be distributed to the winners’ Crypto.com App accounts by 31 September 2024, 23:59 UTC.

*‘Net Buys’ as used herein means the total value of a user’s purchases of ETH and/or CDCETH tokens during the Campaign Period and can be expressed as follows: ETH / CDCETH Net Buys = Buy (ETH / CDCETH) – Sells (ETH / CDCETH)

**The Qualifying Staked Amount is the lowest of the following four numbers: (1) Total Net Buys during the Campaign Period, (2) Total ETH or CDCETH staked during the Campaign Period, (3) Average Daily Balance of ETH or CDCETH staked during 90 days post the Campaign Period, or (4) Maximum Qualifying Staked Amount stated below. The additional rewards will be calculated as 3% x (90 / 365) x Qualifying Staked Amount.

***The Maximum Qualifying Staked Amount is 1 ETH and 1 CDCETH. Rewards will only be credited if the participant maintains their stake until 12 September 2024, 23:59 UTC. Terms and conditions apply.

Useful Links:

Notes:

  • Participation in the campaign is strictly optional.
  • The relevant Net Deposits’ exchange rate and Qualifying Staked Amount shall be as determined and calculated in Crypto.com’s sole and absolute discretion.
  • For the terms of the Campaign, please refer to the Official Rules of Limited Offer for further rules regarding eligibility and participation in the campaign.
  • The rewards will be distributed in a lump sum to eligible recipients in ETH and/or CDCETH tokens by 31 September 2024. Qualifying recipients must maintain stake in Qualifying Staking Duration.
  • 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 identity verification, assessing their eligibility to participate in the campaign, 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.

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