Namaste Tribe!
Campaign Period
The Deposit Dhamaka will commence on January 12, 2024, at 03:00 PM and will end on January 18, 2024 at 10 PM IST.
Summary of the Campaign
Users can deposit crypto on WazirX from January 12, 2024, at 03:00 PM. Rewards are applicable on 27 listed cryptos. Participants meeting the terms and conditions are entitled to a 1% bonus paid in the same crypto deposited.
Examples:
Example 1 - Multiple Crypto Deposits during the Campaign Period:
- Ramesh deposited 100 MATIC on January 12.
- Ramesh deposited an additional 200 XRP on January 14.
Eligible for a 1% bonus on the total crypto deposited during the campaign period.
Final guaranteed bonus: 1 MATIC (1% of 100 MATIC) and 2 XRP (1% of 200 XRP).
Example 2 - INR and Crypto Deposits during the Campaign Period:
- Suresh deposited ₹20,000 on January 15.
- Suresh deposited 200 SHIB as well on January 15
Eligible for a 1% bonus on the total crypto deposited during the campaign period. The guaranteed bonus is applicable only for crypto deposits.
Final guaranteed bonus: 2 SHIB (1% of 200).
Example 3 - Crypto Withdrawals followed by Deposits during the Campaign Period:
- Rajesh deposited 250 SHIB on January 12.
- Rajesh withdrew 10 USDT on January 14.
Not eligible, as Rajesh withdrew crypto during the campaign period.
What is Deposit Dhamaka?
It's an opportunity to earn a 1% bonus after 30 days on your crypto deposits. All you have to do is deposit any supported crypto(s) and keep it in WazirX for 30 days. You can trade it on WazirX as much as you want. The only condition is that you should not make any withdrawals.
Which Crypto Deposits are Supported?
You can deposit and earn the bonus on 27 cryptos deposited during the program. Here are the supported cryptos:
What Happens if I Make a Withdrawal during the program?
If you make any withdrawals from your WazirX account during the program, including P2P Sell and INR withdrawals, your account will be excluded from the Deposit Dhamaka, and you will not receive any bonus. However, you will still receive bonus for deposits that have 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 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 pay bonus based on that deposit. For e.g., say you deposit BTC and trade that for XRP in the BTC market. You will receive your bonus in BTC 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 deposited. For e.g., if you deposit 0.5 BTC, you will receive 1% of 0.5 BTC (maximum up to Rs 9,999) at the end of the 30 days. You can, however, trade this 0.5 BTC during the 30 days. It does not matter what currency you finally hold it in.
How Can I Track My Bonus and Qualified Deposits?
Login to wazirx.com and then click on Deposit Dhamaka in the top bar. Or else you go directly to wazirx.com/blog/wazirx-deposit-dhamaka-2024/
Will I Earn a Bonus on Deposits Made Before the Program Started?
No, only deposits made on or after January 12, 2024, 03:00 PM, will be part of the program. This campaign will end on January 18, 2024 at 10 PM IST.
Any Additional Rules or Conditions?
WazirX reserves the right to amend, cancel, or change the T&C at its sole discretion at any given point in time. Changes may occur due to market conditions, security concerns, fraud risks, or any other reason. Bonus eligibility decisions are final and binding. WazirX monitors suspicious accounts and may disqualify accounts found to violate program terms. Participation in Deposit Dhamaka acknowledges acceptance of these terms and conditions.