CEX.IO News

Earn 50 in USDC Rewards When You Deposit Stellar USDC

, July 25, 2022

On the heels of adding Stellar USDC to our exchange in early 2022, CEX.IO is excited to offer up to 1,000 qualified users the opportunity to earn 50 USDC for depositing 30 Stellar USDC and maintaining their Stellar USDC balance throughout the month. Learn how you can earn rewards while leveraging the speed, security, and low cost of the Stellar network using one of the world’s fastest-growing dollar digital currencies.

Promotion Details & Requirements

CEX.IO is offering users the opportunity to earn additional Stellar USDC simply by depositing Stellar USDC and maintaining a minimum balance for one month. To be eligible, you must complete each of the following steps by the deadlines below:

  • Deposit 30 or more of Stellar USDC on CEX.IO from July 25 to August 10, 2022 (prolonged to August 17, 2020).
  • Maintain a daily balance of over 30 USDC or equivalent through August 25, 2022.
  • Retweet [this tweet] and tag 2 friends on Twitter in your retweeted post.
    • Your retweeted post must include the hashtag #USDCrewards.
    • After retweeting and tagging your friends, please complete this quick form to confirm your participation.
  • Follow CEX.IO on Twitter.

CEX.IO will notify the first 1,000 qualified users who meet the requirements above within the time allotted, and reward them with 50 USDC deposited directly into their CEX.IO account. Additional eligibility and qualification criteria are set forth below.

To deposit Stellar USDC, please follow these simple instructions:

  • Click Deposit in the upper right hand corner of the CEX.IO homepage.
  • Select the payment type.
  • Select the amount you want to deposit.
  • Select Stellar as the deposit payment method.
  • Complete the transaction.

Deposit at least 30 of Stellar USDC and maintain your balance for one month to be eligible!

What is Stellar?

Stellar is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world’s financial infrastructure. Financial institutions worldwide issue assets and settle payments on the Stellar network, which has grown to over 6 million accounts. For more information, visit stellar.org.

What is Stellar USDC?

Stellar USDC combines the power of the Stellar network with a fully-backed and trusted digital US Dollar asset. Now, dollars can move anywhere, to anyone, in the form of Stellar USDC, and convert instantly into and out of the world’s currencies. Stellar USDC is issued by regulated US financial institutions, backed by fully reserved assets, and redeemable on a 1:1 basis for US dollars. It’s governed by Centre — a membership-based consortium that sets technical, policy, and financial standards for stablecoins — and it doesn’t fluctuate in value: one USDC is always equal to and redeemable for exactly one traditional US Dollar.

Rules

1. This promotion runs from July 25, 2022, 00:00 UTC to August 25 23:59:59 UTC, 2022*.

2. Only new CEX.IO users or existing CEX.IO users who have never made a deposit are eligible for Stellar USDC rewards.

3. To qualify for the promotion, users must deposit 30 Stellar USDC or more from July 25 to August 10 (prolonged to August 17, 2020), maintain a daily balance of at least over 30 in USDC or equivalent through August 25, follow CEX.IO on Twitter, retweet our tweet about this promotion and tag 2 friends on Twitter in your retweeted post, include the hashtag #USDCrewards in your retweeted post, AND submit this form. Users must submit the form to be eligible for this promotion.

4. The first 1,000 users who meet the requirements above will be notified by email if they have been selected and they will receive their Stellar USDC reward directly into their CEX.IO account within 14 business days after the end of the promotion period.

5. CEX.IO may disqualify participants that are deemed to be illegally bulk registered and/or verified. CEX.IO may disqualify any participant in its sole and absolute discretion without explanation.

6. To be eligible, the user cannot (a) be located in, under the control of, or a national or resident of Cuba, Iran, North Korea, Syria, any Russian-controlled regions of Ukraine, or any other country or region subject to sanctions by the U.S. Department of Treasury Office of Foreign Asset Control (“OFAC”), as may be updated from time to time; and (b) be identified on the Specially Designated Nationals or Blocked Persons list provided by OFAC. CEX.IO reserves the right to choose markets and jurisdictions for launching special offers, activities, or services and may restrict the availability of certain offers and promotions in certain countries or regions.

7. The promotion will be open to all countries where we operate (see list of unsupported countries here); residents of outside of Hawaii, New York, West Virginia, as well as Ontario (Canada), Quebec (Canada) or any jurisdiction where prohibited by law. Void where prohibited by law, regulation or ordinance.

*The dates, terms, and conditions of this promotion may change at any time at the discretion of CEX.IO without announcement.

 

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