HomeNewsWin Big with Crypto.com: $20K BTC Rewards for SOL and ETH Stakers

Win Big with Crypto.com: $20K BTC Rewards for SOL and ETH Stakers

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  • Crypto.com launches a staking campaign for SOL and ETH holders, with a $20,000 BTC reward pool.
  • The top 500 stakers of each token will receive rewards, with the campaign running until April 10, 2024.

Crypto.com’s Lucrative Staking Campaign

Crypto.com, a leading cryptocurrency exchange, has introduced a lucrative staking campaign that promises substantial rewards for Solana (SOL) and Ethereum (ETH) stakers. This initiative marks a significant opportunity for crypto enthusiasts to earn more from their investments.

Unlock Rewards in Bitcoin

In an enticing offer, Crypto.com has announced that the top 500 stakers of each token, SOL and ETH, will share a reward pool of $20,000 in Bitcoin (BTC). This campaign aims to incentivize users to engage more actively in staking activities on the platform. Notably, participants can potentially win a total of $40 in BTC if they stake both tokens and qualify in each category.

Campaign Details and Participation

The campaign, which began in late December 2023, is set to run until April 10, 2024, at 12:00 a.m. UTC. For those interested in joining, the staking period starts on January 10, 2024, at 10:00 a.m. UTC, and will last for three months.

Solana Staking Challenge

Particularly for SOL users, there’s a dedicated Staking Challenge with a $10,000 reward pool. The winners will be determined based on the average amount of SOL staked over the 90-day period until April 10, 2024. Each of the top 500 stakers will be awarded $20 in BTC, making it a lucrative opportunity for SOL holders.

Solana’s Market Performance

Solana has been a standout performer in the crypto market. In 2023, SOL witnessed a remarkable price jump, rallying thousands of percent. The hype around the blockchain’s fast transactions, low fees, and the issuance of meme coins on the blockchain contributed to this surge. SOL’s token price reached approximately $120, up from $38 at the beginning of November 2023. Despite a recent price decline, SOL continues to hold strong in the market, trading around the $90 range.

A Strategic Opportunity for Stakers

Crypto.com’s staking campaign provides a strategic opportunity for SOL and ETH holders to not only earn regular staking rewards but also to compete for a significant Bitcoin bonus. As the campaign unfolds, it will be interesting to see how it influences staking behaviors and overall engagement on the platform.

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AnnJoy Makena
AnnJoy Makenahttps://www.ethnews.com
Annjoy Makena is an accomplished and passionate writer who specializes in the fascinating world of cryptocurrencies. With a profound understanding of blockchain technology and its implications, she is dedicated to demystifying complex concepts and delivering valuable insights to her readers. Business Email: info@ethnews.com Phone: +49 160 92211628