Hey Crypto Enthusiasts! With the Indian government’s ban on offshore crypto exchanges in India due to regulatory concerns and to ensure the safety of Indian crypto investors, we extend an invitation to deposit your funds on the secure and regulatory-compliant Indian crypto exchange - Flitpay, a certified entity by F.I.U, providing the highest level of security.
Benefits of Depositing Crypto on Flitpay
For a smooth and enchanting crypto deposit experience with Flitpay we have decided to:
1. Refund your Deposit Fees
The network fees of cryptocurrencies deducted at the time of fund transfer will be refunded to you by Flitpay. Suppose you withdraw 2 ETH from an offshore exchange to Flitpay and pay 0.01 ETH as a network withdrawal fee. Flitpay will refund this fee to you.
2. Give 1% Assured Bonus on Deposits
You get the chance to claim a 1% guaranteed bonus on your deposits with Flitpay—an FIU-compliant crypto exchange.
Follow these straightforward steps to claim 1% extra on your deposits:
Step 1: Safely Transfer Your Cryptos to Flitpay
Initiate secure crypto transfers from other exchanges to Flitpay, ensuring compliance with FIU regulations. Refer to our comprehensive guide for step-by-step instructions on depositing cryptocurrencies into your Flitpay account. Once your deposit is complete, you're all ready to enjoy your bonus!
Step 2: Stay Eligible
Maintain your eligibility and ensure bonus continuity by either trading or holding onto your crypto. Avoid any withdrawals until February 25, 2024.
Step 3: Payout of Bonus
Users can receive bonus payouts of up to INR 10,000. The payouts, made in INR, will be visible in your INR wallet balance by February 26, 2024.
Reward Eligibility Explained in Detail
Let's understand the 1% bonus eligibility and non-eligibility criteria through various cases.
Condition 1:
If you have deposited multiple crypto during the campaign period, you will receive 1% of the total worth of crypto deposited during the campaign period.
For example:
On January 12, you deposit ₹50,000 worth of TRX, and On January 15, you again deposit ₹70,000 worth of BTC. You will receive a 1% bonus of INR 50,000 and INR 70,000, i.e. INR 500+ INR 700= INR 1200 assured bonus.
Condition 2:
If you deposit during the campaign period followed by a deposit outside the campaign period, you will only be eligible to receive a bonus on a deposit made during the campaign period.
For example:
On January 11, you deposit ₹100,000 worth of TRX; on January 26, you again deposit ₹ 50,000 worth of ETH. You will only receive 1% of total crypto deposits during the campaign period.
i.e. 1% of INR 100,000 worth of crypto deposits = INR 1000 assured bonus. The 2nd deposit was after the campaign period; hence, only the first deposit is eligible for the assured bonus.
Condition 3:
If you Deposit INR during the campaign period, you will not be eligible for any bonus. The bonus is applicable on crypto deposits only.
Condition 4:
If you deposit crypto and withdraw it partially or wholly, you will not be eligible for the bonus.
For example:
On January 12, if you deposit INR 100,000 worth of TRX and withdraw 98,000 in the form of INR on January 15. You will be ineligible for the bonus.
You May Ask
What cryptocurrencies are eligible for 1% Bonus?
All the cryptocurrencies whose deposits are enabled at Flitpay, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Shiba Inu (SHIB), Tron (TRX), Ripple (XRP), are eligible for a 1% bonus. You can check the deposit status of cryptocurrencies on the Deposit and Withdrawal Fees page.
How to claim 1% bonus on crypto Deposit?
To get eligible for the bonus, you must deposit crypto funds on Flitpay until January 25, and to receive the 1% bonus, you must HODL the funds until February 25.
Will I receive my bonus if I withdraw my crypto before February 25?
If you withdraw your deposited funds partially or fully, either in the form of INR or crypto, before February 25, you will become ineligible to receive a 1% bonus.
Until when do I have to HODL the crypto to receive the bonus?
Users can trade their deposited crypto or hold it till February 25 to receive the bonus. Withdrawal of funds in any form either crypto or INR will lead to ineligibility of receiving the bonus.
When and How will I receive my 1% Bonus?
The 1% bonus will be credited to all the depositors in INR, to their Flitpay wallet, by February 26, 2024.
If I trade the deposited crypto on Flitpay will I receive a bonus?
Yes, you can trade the deposited crypto on Flitpay and still you will be eligible to receive a 1% bonus. However, you cannot withdraw the funds in any form, until February 25.
