Update: The Deposit Dhamaka 7 has now come to an end. If you have deposited BUSD between 11:00 AM on 16th April 2020 & 11:00 AM on 30th April 2020, you will receive your 1% bonus after 30 days of deposit. You can track your earnings here -
www.wazirx.com/deposit-dhamakaWhat is Deposit Dhamaka?
It's an exciting opportunity for you to earn 1% interest in flat 30 days on your Crypto portfolio. All you have to do is deposit BUSD and keep them in WazirX for 30 days. You can trade these cryptos on WazirX as much as you want. The only condition is that you should not make any withdrawals.
Which crypto deposits are supported in Deposit Dhamaka 7?
You can deposit and earn the bonus on BUSD during the program.
What happens if I make a withdrawal during the program?
If you make any withdrawals (INR withdrawal, P2P withdrawal & crypto withdrawal) from your WazirX account during the program, your account will be excluded from Deposit Dhamaka and you will not receive any bonus. However, you will receive the interest for any deposits that have already completed 30 days.
Will withdrawals on my account be locked?
No! You are free to make withdrawals at any time. But remember that once you make a withdrawal, your account will be excluded from Deposit Dhamaka. You can continue depositing and trading normally, but you will not earn any bonus on deposits.
Can I trade my deposits on WazirX?
Absolutely! You can make any number of trades during the program. You do not have to maintain your balance in the same coin that you deposited. We will automatically record your deposit and payout the bonus based on that deposit. For eg, say you deposit BUSD and traded that for USDT in the USDT market, You will receive your bonus in BUSD at the end of 30 days.
How many days do I have to keep my deposits?
Each deposit you bring in, should not be withdrawn for 30 days. If you make even a single withdrawal, your account will be excluded from Deposit Dhamaka.
How will the bonus be paid out?
The bonus will be paid out in the crypto that you had deposited. For eg, if you deposit 100 BUSD, you will receive 1% of 1 BUSD at the end of the 30 days. You can however trade this 100 BUSD during the 30 days. It does not matter what currency you finally hold it in. Maximum bonus upto 10,000 INR
How can I track my bonus and qualified deposits?
Will I earn bonus on deposits I made before the program started?
Deposit Dhamaka 1 - Only deposits completed between 3 PM on 31 August 2018 & 11:59:59 PM on 15 September 2018 will be part of the program.
Deposit Dhamaka 2 - Only deposits completed between 3 PM on 1 October 2018 & 11:59:59 PM on 03 October 2018 will be part of the program.
Deposit Dhamaka 3 - Only deposits completed between 3 PM on 6 November 2018 & 11:59:59 PM on 15 November 2018 will be part of the program.
Deposit Dhamaka 4 - Only deposits completed between 12 PM on 24 December 2018 & 11:59:59 PM on 15 January 2019 will be part of the program.
Deposit Dhamaka 5 - Only deposits completed between 10 AM & 10 PM on 25 January 2019 will be part of the program.
Deposit Dhamaka 6 - Only deposits completed between 1:30 PM on 27th June 2019 & 7:00 PM on 5th July 2019 will be part of the program.
Deposit Dhamaka 7 - Only deposits completed between 11:00 AM on 16th April 2020 & 11:00 AM on 30th April 2020 will be part of the program.
Any additional rules or conditions I need to know of?
While we run this program in good faith, WazirX reserves the right to stop the program or make any changes to Deposit Dhamaka without prior notice. We may make such changes in view of changing market conditions, security or risk of fraud or any other reason. The decision on bonus eligibility will be made by WazirX and will be final and binding. We constantly look out for suspicious accounts. If we find something amiss we will disqualify those accounts from being part of the program and withdraw any rewards that may have been credited earlier. By participating in the deposit dhamaka program you acknowledge the above.
