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Spin the Wheel and Step up Your MATIC Staking Rewards

by SB Crypto Guru News
November 15, 2022
in Crypto Exchanges
Reading Time: 3 mins read
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The gift-giving season is probably not shut at hand, however we’re wrapping presents anyway. And no, you gained’t discover them in stockings or below timber. Simply spin our Polygon Loopy Eights Wheel to get a rise in your MATIC staking rewards!

So, what’s all of it about? From November 14 to November 27, 2022, as an alternative of the common 8% APY, MATIC stakers will be capable of reap as much as 30% APY over a seven-day interval. So, if you happen to aren’t staking MATIC but, that is the right second to begin.

If this chance is placing your fancy, right here’s the best way to take part in our Polygon Loopy Eights:

  • Spin the Wheel (hyperlink to the web page). You’ll obtain a random staking reward enhance of 20%, 25%, or 30% as an alternative of the 8% APY typical for MATIC.
  • Purchase or deposit new MATIC tokens.
  • Maintain MATIC in your stability for a minimum of for every week.

Promo particulars

It’s no good attempting to take part in a sport if you happen to don’t know and follow the principles. Right here’s what to remember about Polygon Loopy Eights:

  • The promo lasts from November 14 till November 27, 2022. You’ll be able to spin the wheel at any level through the promotion to start receiving an elevated APY.
  • You’ll be able to deposit MATIC as many instances as you want through the promotion. Nevertheless, you’ll be able to spin the wheel solely as soon as.
  • To participate within the promo, you need to confirm your CEX.IO account; in any other case, you gained’t be eligible for participation. You haven’t verified your account but? What are you ready for? Go and confirm it!
  • Solely MATIC tokens bought or deposited between November 14- 27 can qualify for the promo. Earlier MATIC holdings is not going to be thought of. 
  • Each current and newly verified CEX.IO customers might take part within the promotion. However do take into account that solely new MATIC stakes qualify.

To make it clear how the promo works, let’s suppose that you’ve 1,000 MATIC in your account earlier than taking part in Polygon Loopy Eights. You spin the wheel and obtain an APY of 20%, 25%, or 30%. You then buy an additional 1,000 MATIC. The brand new APY will apply to the extra MATIC tokens you acquire after spinning the wheel. 

At CEX.IO, crypto staking begins mechanically. To provoke it, that you must maintain a minimal of 1 MATIC in your stability. To spice up your rewards, you’ll be able to stake greater than the required minimal. The rewards are proportional to each the staking interval and the quantity — the extra you stake, the extra you’ll reap.

Totally verified customers can spin the raffle wheel anytime from November 14 by way of November 27, 2022. The brand new APY will apply for seven days after buying or depositing new MATIC. 

MATIC Staking

Staking MATIC with CEX.IO sometimes earns you 8% APY. Nevertheless, our Polygon Loopy Eights promo affords you a chance to extend your staking rewards by as much as 30% APY. Therefore, in only one week, you’ll be able to earn 20%, 25%, or 30% APY.

No extra ready — spin the raffle wheel to extend your stakes!

Staking with CEX.IO 

Since 2013, now we have been constructing a sturdy ecosystem of crypto services for customers at each stage of their digital asset journey. In that point, we’ve labored tirelessly to change into one of the crucial reliable staking suppliers within the crypto realm. 

Staking with CEX.IO is easy and intuitive: the second you add designated cash and tokens to your pockets, the staking course of begins mechanically. You’ll be able to reap rewards after solely sooner or later of staking!

Not like our opponents, there isn’t any such factor as a lock-up interval at CEX.IO. You’ll be able to withdraw your crypto at any time with out fearing penalties. Go to our staking web page for the listing of stake-able property. 

And keep in mind: the true enjoyable begins on November 14!



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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesLatest News on CryptoMATICRewardsSB Crypto Guru NewsSpinStakingstepWheel
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