The WazirX crypto exchange announces the launch of its loyalty program for its users titled, the ‘WazirX Deposit Dhamaka’. This program offers its users an exciting opportunity to earn 1 percent interest in flat 30 days on the user’s crypto portfolio.
All that the user needs to do is to deposit any of the 6 cryptocurrencies – ETH, BTC, XRP, BCH, TRX and LTC, supported by the exchange and keep them for 30 days. The users are allowed to trade these cryptocurrencies on the exchange as much as they wish. However, the only condition is that the user should not make any withdrawals during this period.
As soon as a user deposits any of the six cryptocurrencies, the WazirX crypto exchange will instantly reserve 1 percent bonus for the user. After 30 days, if the user meets the set criteria then the exchange will credit 1 percent of the reserved crypto to the user’s wallet. However, as mentioned, the user cannot withdraw any crypto during this period. Selling USDT in the P2P market will also be considered as a withdrawal.
There would be no limit on buying, selling and trading of cryptocurrencies for the users of the exchange. This offer is for a limited period. So all deposits made before September 15, 12 PM IST will qualify for the offer.
Users can deposit and earn a bonus on ETH, BTC, XRP, BCH, TRX and LTC during the program. If a user makes any withdrawals during the program, including P2P selling from their WazirX account, their account will be excluded from Deposit Dhamaka and they won’t receive any bonus. But then, users are allowed to make withdrawals at any time, during this program, mentions WazirX.
The WazirX crypto exchange will be making the decision pertaining to bonus eligibility and it will be final and abiding. The exchange will constantly look out for suspicious accounts. In case it finds something amiss, it will be disqualifying those accounts from the program and also withdraw any rewards that it may have credited earlier. The exchange introduced a peer-to-peer (P2P) service in July and announced USDT/INR as its first trading pair, as stated in the Crypto News India report.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]