Crypto.com, Binance.us, and FTX August 2022 Crypto Offers – crypto.news

Many crypto exchanges are offering people chances to earn money for free. Some of the platforms that have crypto offers for this month are Crypto.com, FTX, and Binance.us. If a trader learns to leverage these offers for their benefit it would make their trading activities more profitable.

Summary of Crypto Offers for August 2022

What Platforms Have Crypto Offers This Month, and How Do They Work?

Crypto.com

Crypto.com is a global crypto exchange specializing in offering native coins. Users can purchase, sell, or trade crypto on the platform. Furthermore, it provides high-quality security and offers a digital wallet to users. The Crypto.com coin (CRO) enables users to get rewarded for staking it by providing profits through rewards programs.

The maker-taker fee structure of the exchange makes it less expensive for most customers. For low-volume takers, it is cheaper than others. Crypto.com provides generous incentives for customers who want to make a living.

Crypto.com is a crypto exchange that supports over 250 different cryptos. It also has 21 fiat currencies supported. In recent months, the Singapore-based crypto platform has purchased two firms in South Korea. According to Crypto.com, which has over 50 million users worldwide, it wants to develop a one-on-one relationship with its customers.

Crypto.com was incorporated in June 2022. In recent years, it has had a rapid development. Its expansion has allowed it to provide clients with some of the most competitive cryptos offers on the market. It also has the most varied range of crypto asset services and products. Before August 2022 is up, let’s take a look at what it has to offer its users.

Stake CRO and Earn ETH with a US$500,000 Reward Allocation with a 10x Booster

ETH Supercharger is back in celebration of the upcoming merge. The offer event runs from AUG 07 to OCT 06, 2022.

This time, users have the chance to boost their returns by 10x. 888 lucky participants will win an exclusive “Supercharger 10x Booster” NFT. The NFT reward multiplies their ETH rewards, allowing them to earn up to 20% p.a.

There’s more! 88 of these exclusive NFTs will be allocated to “Loaded Lions” collectors. This will grant Mane Netizens a higher chance to boost their ETH rewards.

To enter, users simply need to sign up to Crypto.com NFT. Users must use the same email as their Crypto.com App or Exchange account. It must be the email used to participate in the ETH Supercharger event. Sign up to the Crypto.com App or Crypto.com Exchange* to participate.

Crypto.com has offered ways to know if one has won. The exclusive “Supercharger 10x Booster” NFT will be airdropped to the winners’ Crypto.com NFT accounts. This is at the end of the Charging Period. Ownership of the NFT gives users the power to multiply their ETH rewards by 10x (up to 20% p.a.).

The earnings will be automatically credited to their Crypto.com App or Exchange account after the Reward Distribution Period. Users who participated in the ETH Supercharger event, which ends on 7 August at 17:00 U‌TC, can keep their CRO stake in the Supercharger pool. The CRO will be automatically carried over to the ETH event. 

ETH Supercharger Details as Provided by Crypto.com:

• Reward: US$500,000 allocation 
• Supported Staking Token: CRO
• Event Timeline:
• Charging Period: 17:00 UTC, 7 August 2022 – 17:00 UTC, 6 October 2022 
• Reward Distribution Period: 15:00 UTC, 8 October 2022 – 15:00 UTC, 7 December 2022

Supercharger 10x Booster Bonus:

• ETH Reward: Additional 10x p.a.
• Reward Distribution:
• “Supercharger 10x Booster” NFT: Airdropped to the winners’ Crypto.com NFT account within seven days after the end of the Charging Period.
• Supercharger 10x Booster Bonus: 10% of the winners’ bonus rewards will be distributed daily during the 60-day Reward Distribution Period. The remaining 90% will be distributed within seven days after the end of the Reward Distribution Period. 

i) Charging Duration (First 60 days)

Users can stake and unstake from the Supercharger pool (with no gas fees) at any time during the Charging Period. The price of the reward token is determined at the end of this period.

ii) Reward Distribution Period (Next 60 days)

Users will receive their reward tokens during the Reward Distribution Period based on their share of the crypto provided during the Charging Period. Their eligible reward tokens will be distributed daily during this 60-day period after accepting the reward terms. 

Users will forfeit a portion of their reward if they do not accept the terms before the Reward Distribution Period begins.

Terms and Conditions as Presented by Crypto.com

• Crypto.com reserves the right to cancel or amend the Supercharger 10x Booster Bonus campaign rules at its sole discretion.
• Participants’ stakes in Supercharger are automatically moved to the next event.
• Participants may unstake their CRO from the pool at any time.
• Participants can make multiple stakes throughout the duration of the event.
• All personal data collected is used strictly for verification purposes only.
• By accepting the prize, winners agree to the Privacy Notice of Crypto.com

Binance.US

Binance.US is one of the most popular and efficient crypto exchanges in the United States. Binance.US stands out from the crowd by charging lower fees than many other crypto exchanges. Binance.US is an American partner of Binance, the world’s largest crypto exchange by trading volume.

In 2019, the original platform stopped allowing users from the United States. Later, it announced that it would align itself with a U.S.-based version of its platform known as Binance US. The entity partnered with FinCEN, a financial regulator in the United States.

Investors in the United States still cannot access Binance today. Binance.US, on the other hand, provides investors with over 80 cryptos to select from. The main appeal of Binance.US is its low trading fees compared to other exchanges.

Finally, it has a simple-to-use buy/sell feature for novices. On the other hand, more expert traders will appreciate its “basic” and “advanced” trading platforms’ in-depth features.

It has some of the greatest crypto bonuses in August. They are, however, only available to United States crypto investors. Here they are, listed from best to worst.

THE WEEKND August-September Giveaway 

For this give away no purchase is necessary to enter or win. Making a purchase or payment of any kind will not increase your chances of winning. Avoid where prohibited or restricted by law. The sponsor of The Weeknd August-September Giveaway (“Sweepstakes”) is BAM Trading Services, Binance.US.

Eligibility

The Sweepstakes is open only to legal residents of the fifty United States, the District of Columbia, and Puerto Rico. Note there are additional restrictions for TX, NY, VT, and HI residents who are greater than (i) eighteen (18) years of age or (ii) the minimum age required to enter the Sweepstakes in their jurisdiction (each, an “Entrant”). 

Sponsor, The Weeknd, their respective parents, affiliates, subsidiaries, advertising and promotion agencies, and all of their respective officers, directors, employees, representatives, and agents (the “Promotion Entities”) are ineligible to enter the Sweepstakes or win a prize.

 Household members and immediate family members of such individuals are also not eligible to enter or win. “Household Members” shall mean those people who share the same residence at least three months a year. “Immediate Family Members” shall mean parents, step-parents, legal guardians, children, step-children, siblings, step-siblings, or spouses.

Promotion Period

The Weeknd August-September Giveaway (the “Sweepstakes”) begins on August 1, 2022 at 00:00 EDT and ends on September 3, 2022 at 23:59 EDT. The Sweepstakes will be divided into eleven (11) entry periods (each an “Entry Period”). Each Entry Period will begin at 00:00 AM ET each day and end at 23:59 PM ET throughout the Sweepstakes Period.

How to enter

There are three (3) methods to enter the Sweepstakes: the Social Media Method, the “Buy Crypto” Method, and the Mail-In Method. 

Social Media Method: You may earn up to three (3) entries using the social media method. Unless you are a resident of TX, NY, HI, or VT. You must first open or have a Sponsor account and pass requisite Sponsor Know Your Customer and Anti-Money Laundering checks. Additionally, you must follow the instructions for at least one of the following social media channels:

Twitter:

• Follow the Sponsor’s official Twitter account @BinanceUS with the Entrant’s personal Twitter account;
• Retweet the Sweepstakes post designated by the official Sponsor Twitter account;
• Comment with your favorite @theweeknd song, the location of the concert you wish to attend, and include the hashtag #BinanceUS.

Instagram:

• Follow Sponsor’s official Instagram account @BinanceUS;
• Repost the Sweepstakes post designated by the official Sponsor Instagram account;
• Comment with your favorite @theweeknd song, the location of the concert you wish to attend, and include the hashtag #BinanceUS.

Facebook: 

• Follow the Sponsor’s official Facebook account @BinanceUS with the Entrant’s personal Facebook account;
• Repost the Sweepstakes post designated by the official Sponsor Facebook account;
• Comment with your favorite @theweeknd song, the location of the concert you wish to attend, and include the hashtag #BinanceUS.

“Buy Crypto” Method: participants can earn one (1) entry by creating a Binance.US account, passing requisite Sponsor Know Your Customer and Anti-Money Laundering checks, and purchasing $20 worth of any cryptocurrency. The sponsor will post unique registration links for each concert city on its social media channels.

Use the link that is assigned to your preferred concert location. You must use one of these unique registration links to be eligible for a Prize. Residents of Restricted States may not use this entry method. Additionally, throughout the Promotion Period, the Sponsor may announce promotions in connection with specific tokens.

Prizes and Approximate Retail Value

Prize Package 1:

Ninety (90) prize packages will be awarded in total, though the number of prizes awarded per Entry period may vary. Each Prize package MAY include one or more of the following but will vary by concert location:

• One (1) Dawn FM CD autographed by The Weeknd;
• Two (2) tickets to The Weeknd After Hours Til Dawn concert at the location specified for the applicable Entry Period (exact seats to be determined by Sponsor in its sole discretion).

The approximate retail value of the entire prize package is $500.

Winner Selection

The winners of the Sweepstakes for Prize Package 1 will be selected in random drawings from among all eligible entries received for each Entry Period. The random drawings will be conducted by Sponsor or its designated representatives, whose decisions are final. Odds of winning will vary depending on the number of eligible entries received.

Winner Notification

The Sponsor will notify winners by direct message or email as soon as practicable after the Entry Period has ended. Winners must reply within 24 hours to claim the prize. The sponsor is not responsible for any delay or failure to receive notification for any reason, including the winner’s failure to monitor any account adequately. Any winner notification not responded to or returned as undeliverable may result in prize forfeiture.

FTX

The FTX crypto exchange is one of the most well-known global crypto exchanges. It has expanded during the crypto winter, taking advantage of struggling crypto exchanges. The exchange specializes in derivatives and leveraged products.

FTX is a company that was founded in 2018 by MIT graduate and former Jane Street Capital international exchange-traded funds trader Sam Bankman-Fried. FTX offers a range of products, including derivatives, options, volatility products, and leveraged tokens.

It supports over 100 crypto trading pairs and includes spot markets in over a dozen countries. The Bahamas-based FTX and its US affiliate have similar management teams but distinct capital structures. Residents of the United States can only use FTX US.

The parent companies of FTX and FTX US, in September 2021, signed Golden State Warriors point guard Stephen Curry to a long-term promotional partnership. This gave Curry an equity stake in FTX.

FTX Nexus Stars | $10,000 | League of Legends

FTX – The Official Cryptocurrency Exchange Partner of LCS – is hosting an online League of Legends tournament. Here crypto investors could win their share of a $10,000 prize pool! Open qualifying begins on August 27 & 28. Moreover, the top teams then being invited to the Finals on September 3 & 4, 2022.

The tournament is open to five teams, but solo players can also participate and will be allocated a spot on a team. As well as, the prize pool is up for grabs. All entrants also stand a chance to win a gaming PC Grand Prize and one of the hundreds of in-game items!

All entrants agree that their information will be shared with FTX for promotional purposes. Also, they could be used in publicity or promotional content. Visit ftx.us to get started or ftx.com for international users.

Tournament Prize Pool (Per Team)

1st Place: $5,000

2nd Place: $2,500

3rd Place: $1,500

4th Place: $1,000

All entrants automatically have a chance to win one of 500 free in-game items/skins.

All entrants automatically have a chance to win one gaming PC Grand Prize, provided by Nerd Street.

FTX Crypto Cup 2022

The FTX Crypto Cup returns as a live event in Miami from Aug 15 – 21 for the 2022 season of the leading annual circuit in chess: the Meltwater Champions Chess Tour. This free-to-claim, exclusive FTX Crypto Cup 2022 Key grants holders access to a unique community where the ultimate digital fan experience will be unlocked to enjoy the FTX Crypto Cup 2022 from around the world.

The Tour entertains millions of global fans, showcases the world’s greatest players at the most prestigious online tournaments, and inspires the next generation of fans and players. Stars of the game from all around the world battle across timezones for a series of titles over a full season of online events. The tournament also sees the official crowning of the year-end Tour Champion, the ultimate achievement in online chess. FTX offers up to $100K total in prizes and giveaways

The FTX Crypto Cup Key gives NFT holders the ultimate fan experience for the FTX Summer of Chess. To make sure you’re not missing out on the excitement, benefits, and prizes, follow the steps below:

01 – Download the FTX app. To claim your NFT, you will need an FTX account.

02 – Register your account. Sign up and go through the account creation process. You must complete the first stage of identity verification to be able to claim your NFT!

03 – Claim your key. If your free NFT is not automatically redeemed, click on the link that applies to your platform:

04 – Join the community. Navigate to the FTX Crypto Cup | Chess Champs discord server & enter the ‘Holder verification’ channel to verify your holdings. You will be added to the locked channel within 24 hours.

Bottom Line

The crypto winter has left investors shaken and broken. However,  it has also taught them to diversify their holdings. The market downturn has devastated the DeFi ecosystem to the core. However, Crypto Bonuses and Giveaways provide incentives for crypto traders. This is a fantastic chance for investors to take advantage of these offers.

The abovementioned crypto offers will continue for a longer time and may be obtained at any moment’s notice. Fraud and Ponzi schemes, on the other hand, should be avoided. Make sure you visit the Exchanges’ official Twitter feeds and websites to fill out an application.

Make sure you know the rules and regulations for the crypto bonus and giveaway before you participate.