KoinBX, India’s most trusted and fastest-growing crypto exchange, proudly launches ‘EARN’, a feature that turns holding crypto assets into a rewarding experience. With KoinBX Earn, users can lock in their crypto and receive rewards, making it as simple as buying, holding, and earning! Currently, KoinBX Earn supports Pollux (POX), offering users a seamless way to maximize their returns with minimal effort.
Annual Reward Rates for the EARN Program
The annual reward rates for POX under the Earn program are as follows:
Step-by-Step Guide to KoinBX Earn
Here’s how you can start earning rewards with KoinBX Earn:
1. Buy POX tokens on KoinBX.
2. Opt-in for the Earn program.
3. Lock your tokens for a 30-day tenure.
4. Earn rewards in SUL as per the annual return rate.
It’s a straightforward process designed for ease and efficiency.
Terms and Conditions
General Terms
1. The user must purchase POX tokens on KoinBX exchange on or after December 14th, 2024. Only these POX tokens will be eligible for the earning program.
2. Earn is offered on an opt-in basis, meaning users must manually activate the feature to participate.
3. Tokens must remain locked for the full tenure to qualify for rewards.
4. Rewards are calculated based on an annual percentage rate (APR) and paid out in SUL tokens.
5. The rewards earned are subject to market conditions, and fluctuations may impact their value.
6. Users must complete KYC formalities and meet all eligibility criteria as mandated by KoinBX.
Cancellation and Exit Policy
1. Users can cancel their participation in the program at any time.
2. If a user exits the program before the completion of the lock-in period, a penalty will be applied on the earned interest. The penalty percentage will vary depending on the specific program opted into.
3. Principal amounts (locked POX tokens) will be returned to the user without penalties upon cancellation.
Eligibility Criteria
1. The program is available to all verified users of the KoinBX platform who have completed their KYC process.
2. Users must follow any additional procedures or compliance measures as mandated by KoinBX.
Program Specific Terms
1. Rewards will be credited to the user’s account in Sulaana (SUL) tokens at the end of the lock-in period.
2. KoinBX reserves the right to modify the terms of the Earn program.
Disclaimer
1. Participation in the Earn program is at the user’s discretion. KoinBX is not responsible for any losses arising due to market volatility.
2. By opting into the program, users acknowledge and agree to all terms and conditions outlined above.
Take the first step toward earning rewards today!
1. Download the KoinBX app, available on the App Store and Google Play.
2. Create an account and complete the KYC process.
3. Buy POX tokens and activate Earn to start receiving rewards.
Download Now and start earning with KoinBX Earn!
KoinBX Earn is the perfect way to make your crypto assets work for you. With competitive reward rates, flexible tenures, and a secure platform, it’s never been easier to grow your holdings.
Don’t just hold your crypto—let it earn for you!
Disclaimer: Any financial and crypto market information shared should not be considered investment advice. It is for informational purposes only. Conduct your own research before making investment decisions. Crypto trading is unregulated and highly risky. There may be no regulatory recourse for any loss of such transactions.
Comments