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PDAX Launches Hold-and-Earn Program with 10% Crypto APY

Photo for the Article - PDAX Launches Hold-and-Earn Program with 10% Crypto APY

PDAX launches the Hold & Earn Program on July 1, 2024, allowing users to earn up to 10% Annual Percentage Yield (APY) on selected cryptocurrencies.

What’s the significance: PDAX users can grow their crypto portfolios with high returns, increasing engagement and investment on the platform. [Read more: PDAX now has a limit order feature.]


By the numbers:

  • Minimum qualifying amount: 250 USDC/USDT.
  • Maximum amount: 10,000 USDC/USDT.
  • APY Reward: 10% for July 2024.
Photo for the Article - PDAX Launches Hold-and-Earn Program with 10% Crypto APY

How it works:

  1. Verify PDAX account to level 2.
  2. Make a qualified transaction in 2024.
  3. Maintain the minimum daily balance of eligible tokens.
  • Rewards are credited every Wednesday based on the previous week’s earnings.

However: PDAX reserves the right to adjust APY rates monthly and change the program, affecting potential earnings.

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What to watch: Updates on APY rates and additional tokens that might be included in the program.

Previously: PDAX recently added new cryptocurrencies and a new trading feature.

This article is published on BitPinas: PDAX Launches Hold-and-Earn Program with 10% Crypto Rewards

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