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.
How it works:
- Verify PDAX account to level 2.
- Make a qualified transaction in 2024.
- 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.
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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