Crypto.com has introduced a new staking campaign for Ethereum (ETH) and Solana (SOL), offering users the chance to share in a $20,000 reward fund.
To boost engagement and reward its user base, Crypto.com has launched an ETH and SOL staking campaign that runs from June 13, 2024, to September 26, 2024. This initiative is intended to encourage more users to participate in staking activities by offering substantial incentives.
The campaign is divided into two main challenges: the ETH Staking Challenge and the SOL Staking Challenge, each with a $10,000 reward pool. Participants are required to stake a minimum average of $100 in either ETH or SOL throughout the 90-day period. The top 500 users by staking volume for each cryptocurrency will receive $20 in Bitcoin (BTC).
The ETH and SOL staking campaign comes on the heels of the US SEC's approval of eight spot Ether ETFs, which has led to significant price increases for Ethereum. Crypto.com aims to capitalize on this momentum by offering attractive rewards to its users.
To join the campaign, users need to sign up or log in to the Crypto.com App, navigate to the campaign section, join and stake the required amount. The BTC rewards will be credited to the winners' accounts within 90 days after the campaign ends, with notification sent via email 14 days after distribution.
This campaign highlights Crypto.com's commitment to providing value to its users and fostering greater participation in the crypto ecosystem. The initiative is expected to attract both existing and new users, further solidifying Crypto.com's position in the competitive landscape of cryptocurrency exchanges.
As the cryptocurrency market continues to evolve, such campaigns play an important role in maintaining user interest and engagement.
See also: Bitget COO participated in educational initiative at the University of Nicosia
