Ether lovers — we have great news for you. Between now and 19 September, you have the chance to unlock an extra 3% p.a. on ETH with the on-chain Staking feature.
Not only will you get to boost your ETH portfolio with higher returns, but you’ll also be helping to secure your favourite blockchain!
Campaign Period: 5 September 2023, 10:00 UTC to 19 September 2023, 10:00 UTC
How to 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)
- Stake any amount of ETH** during the Campaign Period and maintain your stake for 90 days from 20 September 2023 to 18 December 2023, 23:59 UTC (Guide) (‘Qualifying Staked Amount’)
The top 300 users ranked by ETH Net Deposits* by the end of the Campaign Period will enjoy an extra 3% p.a. on their ETH stake in Step (3) (‘Reward’), in addition to the reward rate displayed in the Crypto.com App.
The ETH Reward will be distributed to the Recipients’ Crypto Wallet within ten (10) days after 18 December 2023, 23:59 UTC.
*‘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 maximum Qualifying Stake Amount which will be taken into account in the calculation of the Reward is 3 ETH. If the Recipient decreases their stake during the 90-day period after the Campaign Period (the ‘Staking Period’), their reward will be pro-rated down to the daily average staked balance over the Staking Period. If the recipient stakes more during the Staking Period, the Qualifying Staked Amount will be capped at the total staked amount during the Campaign Period.
Useful Links:
Notes:
- Participation in the campaign is strictly optional.
- The relevant ETH Net Deposits’ exchange rate and Qualifying Staked 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.com App Staking Terms & Conditions and Privacy Notice.
- The rewards will be distributed in a lump sum within 100days after the Campaign Period. Qualifying recipients must maintain their staked amounts until the end of the Staking Period 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 your 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.
