December 4, 2020

CEX.IO company blog | CEX.IO staking rewards: spin the wheel and win bonuses for staking ZIL and DOT tokens

CEX.IO company blog | CEX.IO staking rewards: spin the wheel and win bonuses for staking ZIL and DOT tokens

CEX.IO has just become one of the exclusive Zilliqa (ZIL) staking locations and launched We decided to double your options and launched a promotion - a wheel of bonus rewards for steakming.

If you consider yourself lucky, then you have got to the right place.

What's at stake?

The standard reward for steaking is CEX. The IO is 17-19% for zil and 10% for DOT.

Now you can increase its size up to 20% ofLike it sounds?

How it works?

To participate in the action you will need:

1. Be a client of CEX.IO. That is, you must have an account at CEX.IO, where we will later send your staking reward.

2. Enter your email address (linked to your CEX.IO account) and turn the wheel on the staking promotion page.

3. Win your staking bonus!

4. Copy and save the bonus promo code (we may request it as confirmation of your participation in this promotion).

What's next?

Just stake your coins. You can buy or deposit these coins into your CEX.IO account before or after you start spinning the wheel. No difference.

Just for reference - the more ZIL or DOT tokens you stake, the more your reward will be.

So make sure you have enough cryptocurrency available for staking in your account and just sit and watch the money flow to you.

About receiving awards:

You have a chance to win a staking bonus of either ZIL, DOT, or both. This bonus is only valid for the next staking period (one month).

Typically, staking rewards are paid once a month. The regular charging date is indicated on the CEX.IO Staking page. That is, the remuneration for November will be credited in December.

If you win the staking bonus, you will receive your regular reward and bonus in two separate payments.

The bonus will be sent to your CEX.IO account within 3 business days after the end of the staking period.

The staking bonus is a percentage of the existing staking reward. It is calculated as follows:

• 17-19% (regular ZIL interest rate) + 20% (bonus) = ~ 20.4-22.8% (total ZIL staking remuneration).

• 10% (regular DOT reward rate) + 15% (bonus) = ~ 11.5% (total DOT staking reward).

What else do you need to know:

1. You can spin the wheel only once during the entire duration of this promotion.

2. The minimum number of coins to participate in CEX.IO staking is indicated on the CEX.IO Staking page.

3. This promotion is available to CEX.IO customers who can participate in CEX.IO staking. The list of countries in which the CEX.IO service is not available can be found here.

4. The staking promotion runs from October 29 to November 5, 2020. You can spin the wheel at any time during this period. The staking bonus will apply to the next staking period (one month).

Now that you know everything, take courage, follow the link and good luck!