blockchainreporter.net
Crypto.com has recently launched its Prime campaign, a new initiative aimed at attracting high net worth individuals by offering an uncapped 1% bonus on all eligible deposits. This move is set to redefine the trading experience for affluent investors, providing them with a suite of unparalleled benefits and privileges across the Crypto.com App.
The announcement came alongside the unveiling of Crypto.com Prime, a program designed to grant its members near-zero trading fees, institutional-grade trading, deep liquidity, and a range of other exclusive services. The Prime campaign notably includes $1 million account protection, unlimited fiat transfers, bespoke inheritance and tax services, a dedicated relationship manager, and the Crypto.com Prime card among its benefits.
Offering Unprecedented Benefits
The Prime offering is currently invite-only and requires a minimum deposit of $1 million, underscoring its targeted appeal to a select group of high net worth traders. To participate in the campaign, which runs from February 8, 2024, until April 7, 2024, eligible users must activate their Prime membership within the Crypto.com App.
Upon depositing eligible tokens or fiat currency during the campaign period, members will receive a 1% bonus on these deposits, paid in CRO, Crypto.com’s native cryptocurrency. This offer is particularly enticing as it applies an uncapped bonus, allowing for significant rewards based on the amount deposited.
An example provided illustrates the potential benefits for members. A user, referred to as Sylvia, with an existing account holding of $250,000, deposits an additional $900,000 in eligible tokens and fiat. As a result, she earns a bonus of $9,000 in CRO, showcasing the lucrative nature of this campaign for substantial deposits.
The campaign is open to Crypto.com App users who have completed the necessary identification and onboarding processes by the end of the campaign period. Eligible tokens for the deposit include major cryptocurrencies such as BTC, ETH, CRO, USDT, USDC, and several others, along with eligible fiat currencies like USD and EUR.
The deposit bonus offered to participants will be locked up in their Crypto.com App account for 24 months following the campaign’s conclusion. The actual amount of the bonus will be adjusted pro-rata based on the recipient’s assets under management (AUM) during this lockup period. Crypto.com’s launch of the Prime campaign reflects the platform’s strategic initiative to cater to the needs of high net worth individuals in the cryptocurrency market.
By offering tailored services and significant incentives, Crypto.com aims to attract a more affluent clientele, thereby enhancing its position as a leading cryptocurrency trading platform. This campaign is a testament to Crypto.com’s commitment to providing a superior trading experience and fostering a more inclusive and versatile trading environment for investors of all levels.