Spring is in full swing here, and so are new opportunities from CEX.IO. Recently, we enabled AVAX staking for our users and have a special offer to go with it.
Participate in AVAX staking, earn more crypto, and get a chance to win up to $500 worth of AVAX!
How does it work?
- Deposit or buy 1 AVAX or more at CEX.IO from April 5 to April 18, 2022.
- Hold AVAX in your CEX.IO balance and participate in staking through April 18, 2022.
- 65 random participants will win prizes in AVAX in addition to staking rewards.
With the CEX.IO Staking service, you can earn crypto just by holding it in your CEX.IO balance. The whole process is automated. Moreover, there is no lock period, meaning you can trade and withdraw staked cryptocurrency whenever you want. The staking reward is distributed at the end of each month’s staking period. Dates are posted here.
Your staking reward depends on the number of tokens and the period for which they remain in your account. The more you stake, the more staking rewards you earn.
Participation in our promo will give you a chance to earn more in addition to the regular staking rewards. Winners will receive their prizes shortly after the end of promo. Staking rewards will be sent separately.
Note: only customers who deposit or buy 1 AVAX or more after April 5, 2022, and keep them in their account through April 18, 2022, will qualify for the promo.
How will the prizes be distributed?
We’ll take balance snapshots on April 5 and April 19 at 00:00 UTC. To qualify for the special offer, users need to deposit or buy 1 AVAX or more between snapshots and hold crypto until the second snapshot.
After the second snapshot, we’ll select 65 winners. Prizes will be distributed based on the amount of AVAX balance and the period of time participants had it in their accounts.
- $500 worth of AVAX for top-1 winner with the biggest amount of AVAX on their balance held during the promo
- $250 worth of AVAX for top-4 winners
- $100 worth of AVAX for top-10 winners
- $50 worth of AVAX for random 50 winners
Rules
1. The special offer runs from April 5, 2022, 00:00 UTC until April 18, 23:59:59 UTC, 2022*.
2. Users who deposit or buy 1 AVAX or more after April 4, and keep them in their account during the balance snapshot (April 19, 00:00 UTC), will automatically qualify for the promo.
3. 65 random winners will be announced on our social media channels by May 2, 2022.
4. Winners will receive their prizes within 14 business days after the winner announcements.
5. CEX.IO may disqualify participants that are deemed to be illegally bulk registered and/or verified. CEX.IO may disqualify participants without explanation.
6. CEX.IO reserves the right to choose markets and jurisdictions for launching special offers/activities/services and may restrict their availability in certain countries or regions.
7. We are launching this promo to residents in countries where CEX.IO operates (see list of unsupported countries here) with the exception of: the UK, Canada and Gibraltar, Germany, Netherlands, China, UAE, Austria, Chile, Kenya.
*The dates and terms & conditions of this promotion may change at CEX.IO’s discretion without announcement.