Crypto.com launches uncapped 1% deposit bonus for Prime users

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Crypto.com launches uncapped 1% deposit bonus for Prime users

By Benson Toti - min read
  • Crypto.com says the campaign targets high net worth traders and will offer an uncapped 1% deposit bonus on eligible tokens and fiat currency.
  • The campaign period is from February 8, 2024 to April 7, 2024.
  • Crypto.com Prime membership is currently invite-only.

Crypto.com has introduced a launch campaign offering exclusive privileges for high net worth traders opting into the crypto exchange’s recently introduced Crypto.com Prime programme.

According to Crypto.com, high net worth traders opting into Prime will also enjoy near-zero trading fees and benefit from the exchange’s $1 million account protection.

Prime also offers access to institutional-grade trading tools, a dedicated relationship manager and bespoke inheritance and tax services.

The programme is currently invite-only and runs from February 8, 2024 to April 7, 2024. To participate, high net worth traders will have to activate their Prime membership after receiving an invitation.

Crypto.com Prime users eligible for 1% deposit bonus

During this period, eligible deposits will receive an uncapped 1% bonus – applicable to eligible tokens and fiat currency. For instance, a user who activates their Prime membership with a deposit of $500,000 in eligible tokens and $400,000 in fiat during the campaign period will get a 1% deposit bonus of $9,000.

All bonuses received during the campaign will be paid in the native CRO token

However, customers should note that the bonus is subject to a 24-month lock up from the end of the campaign period. Crypto.com also says deposit amounts will be subject to a pro-rata rate, with this based on the account’s AUM during the said lockup period.

For eligible tokens, Crypto.com has listed BTC, ETH, CRO, USDT, USDC, PYUSD, XRP, SOL, ADA, AVAX, DOT, MATIC, DOGE, and OP. The eligible fiat currencies are USD and EUR.

Crypto.com says the Prime offer is “strictly optional.” Participation is but will be open to Crypto.com App users who have completed all onboarding procedures, including KYC identification. The exchange details how to become a Prime member on its website.