Velo (VELO) aims to supercharge money’s velocity by making financial services truly trustless, formless, and borderless.
For a limited time, Crypto.com App users who trade VELO have the chance to win up to US$500 in a two-part campaign.
Campaign Period: 5 April 07:00 UTC – 19 April 00:00 UTC
Part 1: Trade $25, Win $25 (US$25,000 Prize Pool)
1,000 lucky users who trade at least US$25 worth of VELO during the Campaign Period will each win US$25 of the token.
How to participate?
- Sign in or sign up* to the Crypto.com App; and
- Trade (buy/sell) at least US$25 worth of VELO in a single transaction in the Crypto.com App during the Campaign Period
*New users must complete account verification to be eligible to participate. More details here.
Part 2: VELO Net Buy Competition (US$25,000 Prize Pool)
The top 1,000 eligible traders ranked by VELO Net Buys* will win up to US$500 of the token.
How to participate?
- Sign in or sign up to the Crypto.com App; and
- Perform Net Buys* of VELO worth at least US$50 in the Crypto.com App during the Campaign Period
*‘Net Buys’ as stated herein shall mean the total US$ value of purchases and/or deposits minus total US$ value of a user’s sales and/or withdrawals of the token on the Crypto.com App, which may be expressed as follows:
Net Buys (VELO) = Buys (VELO) + Deposits (VELO) – Sells (VELO) – Withdrawals (VELO)
Rewards Table
| VELO Net Buy Rank | VELO Prize (USD Equivalent) |
|---|---|
| 1 | $500 |
| 2 | $425 |
| 3 | $375 |
| 4-10 | $350 |
| 11-20 | $250 |
| 21-50 | $125 |
| 51-100 | $50 |
| 101-250 | $25 |
| 251-500 | $20 |
| 501-1000 | $10 |
| VELO Net Buy Rank | 1 |
|---|---|
| VELO Prize (USD Equivalent) | $500 |
| VELO Net Buy Rank | 2 |
| VELO Prize (USD Equivalent) | $425 |
| VELO Net Buy Rank | 3 |
| VELO Prize (USD Equivalent) | $375 |
| VELO Net Buy Rank | 4-10 |
| VELO Prize (USD Equivalent) | $350 |
| VELO Net Buy Rank | 11-20 |
| VELO Prize (USD Equivalent) | $250 |
| VELO Net Buy Rank | 21-50 |
| VELO Prize (USD Equivalent) | $125 |
| VELO Net Buy Rank | 51-100 |
| VELO Prize (USD Equivalent) | $50 |
| VELO Net Buy Rank | 101-250 |
| VELO Prize (USD Equivalent) | $25 |
| VELO Net Buy Rank | 251-500 |
| VELO Prize (USD Equivalent) | $20 |
| VELO Net Buy Rank | 501-1000 |
| VELO Prize (USD Equivalent) | $10 |
Useful Links:
- Join us on Telegram to discuss with the Crypto.com Community
- Guide to completing account verification
- Guide to purchasing crypto in the Crypto.com App
Notes:
- Participation in the campaign is strictly optional.
- In addition to the following rules, please refer to the the Official Rules For Giveaway and the Official Rules For Limited Offer, which apply to this Campaign.
- The VELO App Campaign is offered by Crypto.com to Crypto.com App users who have successfully completed the identification process and all other onboarding procedures specified in the Crypto.com App by the end of the campaign period.
- Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (‘disqualified trades’), will not be counted towards the participant’s transaction volume.
- Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com.
- The VELO rewards will be credited to the recipients’ Crypto.com App account in VELO tokens within 90 days after the campaign ends.
- Recipients will be notified via email 14 days after the reward distribution is completed for confirmation.
- The VELO/US$ exchange rate used to administer the campaign will be determined around the time of reward 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 VELO App 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, reward draw (where applicable) and rewardprize 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.
