Crypto Earn makes it easy for users to safely unlock the potential of their holdings. They can put their assets to work, all while taking advantage of flexible terms and high rewards rates.
Between 29 May and 11 June, they have the chance to boost the reward rate for their MATIC allocations by 3% p.a., which means they can enjoy up to 12% p.a.!
What is MATIC?
Polygon (MATIC) is a high-performance Layer-2 blockchain enabling instant, low-cost, and secure transactions. It is designed to solve the scalability issues of Ethereum by providing a network of sidechains. MATIC is the Polygon network’s native token.
Campaign Period: 29 May 2023, 10:00 UTC – 11 June 2023, 10:00 UTC
How to participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Make at least US$100 worth of MATIC Net Deposits* during the Campaign Period (Deposit Guide, Purchase Guide)
- Allocate MATIC to a fixed-term Crypto Earn programme during the Campaign Period (Guide)
- The 1,000 users with the highest MATIC Net Deposits will enjoy an extra 3% p.a. on their MATIC Earn allocation**. Crypto.com Private members are entitled to the maximum reward rate of 12% p.a. Learn how to become one here.
*‘Net Deposits’ as stated herein shall mean the total US$ value of MATIC purchases and/or deposits on or in the Crypto.com App minus the total US$ value of a user’s sales and/or withdrawals of MATIC on or from the Crypto.com App, which may be expressed as follows:
Net Deposits = Deposits from external wallets or exchanges (MATIC) + Buy (MATIC) – Sells (MATIC) – Withdrawals (MATIC)
**The extra 3% p.a. in MATIC rewards will be deposited into the winners’ Crypto Wallet based on the following schedule:
- Within 35 days after the end of the Campaign Period for eligible 1-month fixed terms
- Within 95 days after the end of the Campaign Period for eligible 3-month fixed terms
Notes:
- In addition to the following rules, please refer to the Official Rules for Limited Offer for further rules regarding eligibility.
- Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com. The relevant Net Deposit exchange rate and amounts shall be as determined and calculated in Crypto.com’s sole and absolute discretion.
- Recipients will be determined at the sole and absolute discretion of Crypto.com.
- Recipients must maintain their fixed term Lock Up until completion of the fixed term to be eligible. Crypto.com Earn terms and conditions apply.
- Crypto.com reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
- All personal data collected is used strictly for verification purposes only.
- 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 your personal information for the purposes of assessing your 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.
Useful Links:
- Join us on Telegram to discuss with the Crypto.com Community
- Guide to completing account verification
- Guide to depositing from an external wallet or exchange
- Guide to buying crypto in the App
- Guide to making a Crypto Earn allocation
