• Coins.ph celebrates its 10th anniversary by offering users 10% rewards on USDC through its HODL and Earn program in February.
• Users can participate by holding a minimum of 20 USDC in their Coins.ph wallet for a week, becoming eligible for the 10% rewards on their holdings.
• Rewards are directly credited to the user’s Coins.ph wallet and are calculated weekly based on the minimum holding balance from Monday to Sunday.

To celebrate its 10th anniversary, local cryptocurrency exchange Coins.ph is giving users 10% rewards on USDC this February under its HODL and Earn program. 

Coins turn 10

From February 1 to 29, 2024, Coins.ph users can participate in it’s promotion by holding a minimum of 20 USDC in their wallet for a week and become eligible to receive 10% rewards on their holdings. 

The rewards are directly credited to the user’s Coins.ph wallet. The firm noted that the rewards are calculated weekly, taking into account the minimum holding balance from Monday to Sunday.

As per the website, users have the option to receive their rewards in Philippine Peso (PHP) instead of USDC by sending an email request to [email protected]. The currency change will be reflected within 7 working days from the time of the request.

“In marking a decade since Coins.ph was established in 2014, we want to share this milestone moment with our community. That’s why for this month only we’re giving rewards on USDC to the tune of 10%, calculated on a per annum basis. This stands out as one of the most competitive rewards for a stablecoin in the market today,” said Jen Bilango, Country Manager of Coins.ph.

She also added that the initiative was a gesture of appreciation towards the longstanding users who have supported Coins.ph over the years, as well as a way to express gratitude to new users who have recently joined the platform.

As per the media release, Coins.ph has increased its rewards for USDC holders to 10% for this month, a significant rise from the standard 5% rewards offered since the program’s launch in September 2023.

Coins.ph is also conducting the Airdrop Fiesta promotion with different participating firms weekly. The first project to participate is Coreum where users had the chance to win a share of a $2,000 prize pool by trading the said cryptocurrency. The promo ran from January 25 to January 31, 2024.

During the second week of the promo, the firm gave away $1,000 worth of FANC tokens to 250 winners by trading FANC from February 1 to 7, 2024.

For its 3rd run, Airdrop Fiesta is offering 50 Splinterlands Spellbook non-fungible tokens (NFTs) valued at $10 each. 

To join, complete Gleam Mechanics and attend Coinmunity Wednesday on February 14 at 7:00 PM on the Coins.ph Discord Server. Winners, announced during the event, must be present to claim their airdrop. The promo runs from February 8 to February 14, 2024. Terms and Conditions apply.

Additionally, the BTC Buy, HODL and Earn Promo also returns from February 12 to March 10, 2024. Participants can receive 5% rewards on their BTC holdings by purchasing and keeping a minimum of 0.001 BTC in their Coins.ph wallet.

Coins.ph News

Coins.ph expressed its desire to reach five continents, with plans to target Europe and Latin America following the acquisition of licenses across Asia, Africa, and Australia. The company aims to introduce a seamless solution for international money transfers via cryptocurrency, enabling users abroad to deposit local currency, convert it to stablecoins, and send funds directly to Coins users in the Philippines. 

At the same event, CEO Wei Zhou announced the integration of the Solana blockchain into its platform. He also emphasized the company’s commitment to fully supporting the Solana blockchain, extending beyond mere token listings. 

This article is published on BitPinas: Coins.ph Celebrates 10th Anniversary with 10% USDC Rewards

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