With Bitcoin Halving on the horizon, Coins.ph is celebrating by bringing back its popular Buy, HODL, and Earn program. From April 17 to May 17, 2024, you can earn 5% p.a. rewards on Bitcoin you buy and hold on the platform.
Read on to learn how to maximize your rewards during this exciting time for the cryptocurrency market.
How it Works
To get started with the Buy, HODL, and Earn program, simply follow these easy steps:
- Buy and Hold Bitcoin:Purchase 0.001 BTC or more on Coins.ph, and keep it in your account for the duration of the promo period.
- Calculate Your Rewards:
- Tally Your BTC Net Buy: The total amount of Bitcoin you buy minus any Bitcoin you sell.
- Calculate Your Average BTC Holding Balance: Track your average Bitcoin balance during the promo period.
- Choose the Lower Amount: Your rewards will be based on whichever is lower: your BTC net buy or your average BTC holding balance.
- Receive Weekly Rewards in BTC:: Your 5% annual rewards will be credited to your Coins.ph account weekly. This means the more you hold, the more you earn!
Terms and Conditions for the Buy, HODL, and Earn Promo
Before you dive in, here are some key details to keep in mind:
- Eligibility: The promo is available exclusively to Coins.ph users with Level 2 or 3 identity verification.
- Promo Period: The promotion starts on April 17, 2024, and ends on May 17, 2024.
- Reward Calculation: Rewards are calculated on a 5% per annum basis, meaning you'll earn a percentage of your Bitcoin holding based on the annual rate.
- Maximum Limit: You can earn rewards on up to 1 BTC.
- Right to Amend: Coins.ph reserves the right to amend or cancel the mechanics, including the percentage of rewards and eligible tokens, at its discretion.
- Exclusions: Users found engaging in fraudulent activities such as wash trading or market manipulation will be disqualified from the promo.
Why You Should Participate in the Bitcoin Buy, HODL, and Earn Program
The Coins.ph Buy, HODL, and Earn program offers a great opportunity for both beginner and experienced cryptocurrency enthusiasts. Here’s why you should participate:
- Earn Passive Income: By holding Bitcoin on Coins.ph, you can earn passive rewards without having to actively trade or monitor the market.
- Maximize Your Bitcoin Holdings: With Bitcoin’s potential for long-term growth, this program allows you to make the most of your holdings, regardless of market fluctuations.
- Simple and Convenient: The program is designed to be straightforward and accessible, requiring only a basic understanding of how Bitcoin works.
- Secure Platform: Coins.ph is a regulated and trusted platform that ensures the safety of your funds while you earn rewards.
How to Get Started with Buy, HODL, and Earn on Coins.ph
To start earning with Coins.ph, you first need to:
- Create or Verify Your Coins.ph Account:If you don’t already have an account, sign up and complete the identity verification process to become eligible for the promotion.
- Buy Bitcoin:Once verified, buy at least 0.001 BTC or more through Coins.ph’s seamless interface. Remember, the more Bitcoin you buy and hold, the higher your rewards.
- Hold Your Bitcoin:Simply keep your Bitcoin in your Coins.ph account throughout the promo period to qualify for the 5% rewards. Your rewards will accumulate weekly, and you can track them easily in your account.
- Earn Weekly BTC Rewards:Your rewards will be automatically credited to your account each week, and you can watch your Bitcoin grow passively.
Bitcoin Halving and Its Impact on Bitcoin's Value
Bitcoin halving is a key event in the cryptocurrency world. It occurs every four years, reducing the reward for mining new Bitcoin blocks by half. This event typically has a significant impact on Bitcoin’s supply, which can lead to price volatility and potential long-term price increases.
By participating in the Buy, HODL, and Earn program, you're taking advantage of this critical event and positioning yourself for the future.
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