Hodlnaut’s Season of Giving Campaign Explained

Cryptocurrency
First published
November 25, 2021
Last updated
November 26, 2021

With the holiday season upon us, the team at Hodlnaut has prepared an exclusive campaign to celebrate the festivities! Known as the Hodlnaut Season of Giving campaign, the entire lineup comprises 3 exciting programs where both new and existing users are able to earn upsized bonuses and rewards. 

Ahead, we give a rundown of the following programs included in the Season of Giving campaign:

  • Holiday Airdrop 2.0
  • Holiday User Referral Program
  • Holiday Giveaway 

Holiday Airdrop 2.0 

The Season of Giving campaign includes a Holiday Airdrop 2.0 that will run from 25 November 2021 8:40 pm (GMT+8) to 2 January 2022 11:59 pm (GMT+8). Users who have yet to make a deposit with Hodlnaut can earn a US$20 bonus in-kind when they deposit a minimum of US$500 worth of supported crypto assets during the campaign period.

These are the steps to qualify for the Holiday Airdrop 2.0: 

If users have not previously signed up:

  1. Sign up for a Hodlnaut account. Users can do so via the website, iOS and Android App, or any referral link. 
  2. Complete the mandatory KYC (Know-Your-Customer) verification process. 
  3. Make a qualifying deposit of US$500 or more in supported crypto assets to the account during the campaign period to be eligible for the US$20 bonus. 

If users have already passed KYC verification but have yet to deposit:

  1. Deposit a minimum of US$500 or more in supported crypto assets during the campaign period to be eligible for the US$20 bonus.

Things to Note about the Holiday Airdrop 2.0:

  1. New users must pass the KYC verification process and deposit before 2 January 2022 11:59 pm (GMT+8). 
  2. New users who deposit outside of the campaign period (read: 25 November 2021 8:40 pm (GMT+8) to 2 January 2022 11:59 pm (GMT+8)) will not be eligible for the bonus.
  3. New users are allowed to make a test deposit of any amount prior to the qualifying deposit of US$500.
  4. The bonus of US$20 in-kind will be credited to eligible users’ accounts once the qualifying deposit is completed. 
  5. The KYC verification procedure will take 3-5 working days to be processed. Therefore, all users are encouraged to complete the KYC procedure as soon as possible to account for processing time.
  6. The Holiday Airdrop 2.0 is subject to Hodlnaut's T&Cs, which is subject to change. 

New users will also be allowed to stack this bonus payout with Hodlnaut’s default Referral Program when they sign up with their friend’s referral link! With the referral program, new users can receive a US$20 sign-up bonus when they make a second deposit of US$1,000 in a single transaction within 1 week of the first US$500 deposit. 

Here are three ways to stack the second US$20 payout from the referral program: 

  1. New users who opt to make a test deposit will need to deposit US$1,000 in a single transaction within 1 week from the test deposit. This means that both deposits of US$500 and US$1,000 must be made 1 week from the test deposit to be eligible for both bonus payouts. 
  2. New users who decide not to make a test deposit and immediately deposit US$500 in the first single transaction will need to make a second deposit of US$1,000 within 1 week from the first deposit of US$500 to be eligible for the second bonus payout. 
  3. Alternatively, new users can deposit US$1,500 worth of supported crypto assets in a single transaction to receive both US$20 bonus payouts.

Holiday User Referral Program

Starting from 25 November 2021 at 8:40 pm (GMT +8), users can earn referral bonuses by sharing the unique referral link with their friends and referring them to Hodlnaut. The Hodlnaut Holiday User Referral Program ends on 2 January 2022 at 11:59 pm (GMT +8). 

We will be using these terms for the Holiday User Referral Program hereafter:

  • Parent: the referrer, the user that refers other users 
  • Child/Children: the referee, the user that the parent has referred 

The Holiday User Referral Program consists of two tiers:

Tier 1: Earn a one-time bonus of 50 USDC when you refer 1 new active* child.

Tier 2: For every additional active* child referred after the first active* child, the parent can earn up to 20 USDC per new active* child. 

Requirements for the referee to be considered an active* child and for the parent to qualify for the bonuses:

  1. The child must sign up for a Hodlnaut account via the parent’s unique referral link. 
  2. The child will need to submit and pass the KYC verification process and ensure it is approved.
  3. The child will need to make a minimum of US$500 worth of supported crypto assets in a single transaction as their first deposit or within 1 week of the first deposit.

Things to take note of regarding the Holiday User Referral Program: 

  1. Parents who qualify and complete Tier 1 will automatically be eligible for Tier 2.
  2. Tier 1 is limited to the first 1,000 parents. 
  3. The maximum number of children for each parent in Tier 2 is capped at 50 children. 
  4. Children that are referred before 25 November 2021 Thursday 8:40 pm (GMT +8) will not be included in the Holiday User Referral Program.
  5. All steps must be completed by 2 January 2022 Sunday 11:59 pm (GMT +8) for parents to be eligible for the bonus. 
  6. Do note that KYC verification takes 3-5 working days to process. All children are advised to complete the KYC procedure at least 1 to 2 weeks before the campaign ends for the parent to receive the bonus payout. 
  7. The Holiday User Referral Program is subject to Hodlnaut's T&Cs, which is subject to change.

Example of how the Programs Work

Users are able to participate in both programs simultaneously. Here’s an example.

Bob is an existing Hodlnaut user. He participates in the Holiday User Referral Program by sharing his unique referral link with his friend Sally so she is able to sign up for a Hodlnaut account. 

Sally signs up with Bob’s referral link and completes the KYC verification process. Since Sally is a new user, she decides to deposit US$500 worth of crypto into her account, allowing her to receive a US$20 bonus payout in-kind from the Holiday Airdrop 2.0 campaign. As such, Bob will receive a 50 USDC bonus as per the Holiday User Referral Program and since Sally used his link, he will also receive 10% perpetual commission on the interest that Sally earns as per the default Referral Program.

Sally can also choose to make a second deposit of US$1,000 within a week from her first deposit of US$500 to receive a US$20 bonus payout in-kind from the default Referral Program. 

Hodlnaut Holiday Surprise

The third program will soon be revealed, so do keep a lookout for announcements by joining our Telegram Group! Till then, what’re your guesses?

Final Thoughts

As we end the year, we believe that this new Season of Giving Campaign will help crypto users earn more bonuses and rewards. Remember to follow us on our Instagram and Twitter for more updates on our upcoming Holiday Surprise! Sign up for an account and start your crypto journey with Hodlnaut. 

Do feel free to drop us an email at support@hodlnaut.com if you have any questions, and we will respond as quickly as we can. Happy holidays!

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