Many cryptocurrency enthusiasts will agree that having stablecoin holdings is important, as they protect your portfolio from extreme market fluctuations.

For a limited time only, we’re giving you the chance to win up to US$1,000 in PYUSD by simply building up your stablecoin holdings!

What is PayPal USD?

Launched by the digital payment giant PayPal in August 2023, PayPal USD (PYUSD) is a decentralised stablecoin pegged to the US dollar at a 1:1 ratio. It is fully backed by US Dollar deposits, short-term US treasuries, and similar cash equivalents.

How to participate? 

  1. Sign up or sign in to the Crypto.com App (Guide)
  2. Perform Net Deposits* of PYUSD, USDC, or USDT worth at least US$100 during the Campaign Period (Deposit Guide, Purchase Guide).
  3. Simply maintain all or part of the Net Deposits amount in your Crypto Wallet or deposit your assets in Crypto Earn during the Qualifying Period (a period of 30 days after the Campaign Period ends)

Every eligible US$100 of Qualifying Net Deposits amount** will count as one entry into the lucky draw.

145 eligible participants will be selected to win up to US$1,000 in PYUSD each in accordance with the table below:

Reward TierReward (PYUSD)Number of Recipients
1st$1,0001
2nd $5004
3rd$50140

The rewards will be distributed to the recipients’ Crypto Wallets by 3 November 2023.

*Net Deposits = Deposits from external exchanges and wallets (PYUSD, USDC, USDT) + Buy from fiat (PYUSD, USDC, USDT) – Sells to fiat (PYUSD, USDC, USDT) – Withdrawals (PYUSD, USDC, USDT)

** Qualifying Net Deposits are calculated as the lower of either of the following amounts:
(1) Total Net Deposits of PYUSD, USDC, and USDT made during the Campaign Period; or

(2) The daily average combined balance of PYUSD, USDC, and USDT in Crypto Wallet and Crypto Earn during the Qualifying Period minus the total combined balance of PYUSD, USDC, and USDT in the user’s Crypto Wallet and Crypto Earn at the beginning of the Campaign Period

Campaign Period: 11 September 2023 09:00 UTC – 25 September 2023 00:00 UTC

Qualifying Period: 25 September 2023 00:00 UTC – 25 October 2023 00:00 UTC

Useful Links: 

Terms and conditions:

Win Up to US$1,000 in PYUSD by Growing Your Stablecoin Portfolio

Deposit PYUSD, USDC, or USDT for the chance to win

11 - 25 SEP, 2023 UTC
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