CEX.IO News

Announcing Staking Promotion: Spin the Wheel and Reveal Your Staking Reward Bonus for ZIL and DOT

, October 29, 2020

CEX.IO has just become one of the exclusive places where you can stake Zilliqa (ZIL) and launched Polkadot (DOT) staking. We’ve decided to make it a double win and launch a Staking Reward Bonus Wheel. 🤩 

Feeling lucky? Then you are in the right place.

 

🤑 What’s at stake?

The regular reward for staking ZIL and DOT coins on CEX.IO makes 17-19% and 10% respectively. 

You can increase it by up to 20% from the regular staking reward! Sounds good? Read on!

 

ℹ️  How does it work?

To participate in this promotion you’ll need:

  1. Be a CEX.IO customer, means you need to have an account at CEX.IO where later on we’ll send your staking reward
  2. Enter your email address (connected to your CEX.IO account) and spin the Wheel on the Staking Promotion page 
  3. WIN your staking bonus! 
  4. Copy and save the promotion code (we might ask for it as a confirmation of your participation in this Staking Promotion). Your code is registered and next month your staking rewards will reflect that.

 

👉  What’s next?

Just stake your coins. You can buy or deposit these coins to your CEX.IO account BEFORE or AFTER you spin the Wheel. This makes no difference. 

Just mentioning — the more ZIL or DOT you stake, the bigger your staking reward will be.

So make sure you have your account loaded with stake-able crypto and just sit and watch cash rolling in.

🏆  About reaping the rewards

You can win a staking bonus either for ZIL, or for DOT, or for both. This bonus applies to the next staking period only (one month). 

Normally, a staking reward is distributed once a month.  The date of the regular staking reward distribution is stated on the CEX.IO Staking page. The staking rewards for November will be distributed in December. 

If you win a staking bonus, you will receive your regular staking reward and your staking bonus in two separate payments. 

The bonus will be sent to your CEX.IO balance within 3 business days after the staking period ends. 

A bonus for staking is a percentage of the existing staking reward. It is calculated as follows:  

  • 17-19% (regular staking reward for ZIL) + 20%  (bonus) = ~ 20.4-22.8% (total staking reward for ZIL)
  • 10% (regular staking reward for DOT) + 15% (bonus) = ~ 11.5% (total staking reward for DOT).

 

📌 What else to know:

  1. You can spin the Wheel only once within the entire duration of this promotion.
  2. The minimum amount of coins that participate in CEX.IO Staking is specified on the CEX.IO Staking page
  3. This promo is available to all the CEX.IO customers who can participate in CEX.IO Staking. The list of the countries where CEX.IO service is unavailable is here.
  4. The Staking Promotion runs from October 29 through November 5, 2020. You can spin the wheel any time during this period. The staking bonus will apply to the next staking period (one month). 

Now, when you know everything, get your adventurous spirit on, and good luck!

Related

CEX.IO News

Proven Card Payment Security: CEX.IO Meets PCI DSS Level 1 Requirements

We are observing a continuous increase in the number of customers and card transactions processed on CEX.IO. With that in mind, we are proud to share that we have recently proved our card payment processing to be 100% secure and have upgraded our PCI DSS Certificate to Level 1.

Mar 15, 2019 | 3 min read
CEX.IO News

Get $50 from CEX.IO for the Holidays

The holiday season is approaching, and only two weeks are left before we start the new year. During this season, we would like to give presents to all users who trade with us during this holidays season. How do I get $50? The holidays are the perfect time for

Dec 17, 2018 | 2 min read
CEX.IO News

Precision and minimum order size change for certain trading pairs

Every digit matters! Accuracy can make a total difference, especially when it comes to trading. With the intention to maintain favorable trading conditions for everyone, we’ll change precision and minimum order size for certain currency pairs starting from April 16.

Apr 03, 2020 | 6 min read