16.08.2024
Mirjan Hipolito
Cryptocurrency and stock expert
16.08.2024

Crypto.com launches FLOKI trading campaign with USD 20,000 reward pool

Crypto.com launches FLOKI trading campaign with USD 20,000 reward pool Crypto.com launches FLOKI trading campaign with USD 20,000 reward pool

​Crypto exchange Crypto.com has announced a new promotion focused on FLOKI, the fast-rising cryptocurrency that began as a meme coin in 2021 and has since evolved into a prominent utility token.

The latest campaign offers users the chance to win a share of a $20,000 reward pool, payable in Bitcoin (BTC), by participating in a net purchase challenge through the Crypto.com app.

Floki (FLOKI) is the cryptocurrency and utility token of the Floki ecosystem. It was created by fans and members of the Shiba Inu (SHIB) community, inspired by (and named after) Elon Musk's Shiba Inu.

The campaign, which will run from August 15, 2024 at 07:00 (UTC) through August 29, 2024 at 00:00 (UTC), will be beneficial to users looking to start or expand their FLOKI portfolios. Participants must purchase at least $50 worth of FLOKI during the activity period to qualify for the rewards. The top 2,000 eligible users, ranked by net FLOKI purchases, will each receive $10 in BTC as a reward.

How to participate:

- Sign up or sign in to the Crypto.com App

- Go to the campaign section and tap FLOKI App Campaign > Join Now

- Acquire the Sophomore Trader Badge or a higher rank

- Perform net buys of at least $50 worth of FLOKI during the campaign period.

In addition, users must complete all identification and onboarding processes to be eligible. Any trades that exhibit characteristics of market manipulation, such as wash trades or self-dealing, will be disqualified.

The BTC rewards will be credited to the winners' Crypto.com app accounts within 90 days of the end of the campaign, with recipients being notified via email 14 days after distribution for confirmation. The BTC/USD exchange rate used to distribute the rewards will be determined by Crypto.com at that time.

The campaign represents a significant opportunity for both experienced traders and new users to engage with the FLOKI ecosystem, with the opportunity to earn BTC rewards in the process.

See also: Gate.io introduces new Structured Product lineup offering up to 14% APR

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