Bitpanda launches its Cashback Campaign until August 12
Bitpanda, a renowned investment platform in Europe offering over 400 different cryptocurrencies to its users, recently launched its brand new cashback campaign.
The idea is simple: for every cryptocurrency transfer made during the promotional period, users can receive up to 3% of the transferred amount in BTC (up to a maximum of 1,000 euros). This cashback will be directly credited to the user’s Bitcoin wallet on Bitpanda at the end of the campaign.
For example, if you transfer 1,000 euros of Solana (SOL) from another exchange or hot wallet to your Bitpanda account, you will receive 30 euros of cashback in BTC.
Note that this campaign started on August 5, 2024, and runs until August 12, 2024, at 23:59, giving users a brief window to take advantage of this promotion.
How to participate in Bitpanda’s cashback campaign?
To benefit from Bitpanda’s cashback campaign, users must meet several specific eligibility criteria:
- Limitation of winners: Only the first 500 participants who meet all the criteria mentioned above will be eligible to receive the cashback.
- Residence: You must be a resident of France to participate in this campaign. Only users with their registered country of residence in France are eligible.
- Verified account: Your Bitpanda account must be verified. This means you must have completed the identity verification process (KYC).
- Source of assets: The cryptocurrencies must be transferred from another wallet (e.g., MetaMask, Phantom Wallet) or another platform to Bitpanda. However, internal transfers or transfers from cold wallets are not eligible.
- Asset retention: Once the assets are transferred to Bitpanda, they must remain there for at least 30 days without being moved to an external wallet or another platform. Selling and withdrawing in fiat currency is allowed, but any external transfer will result in disqualification.
How to transfer cryptocurrencies to BitPanda?
In this example, we will transfer funds from a MetaMask wallet to Bitpanda.
Create an account on Bitpanda, log in, and click on the “Deposit” button at the top right of the interface.
Select “Cryptocurrencies” as the deposit method, then choose the cryptocurrency or token you want to deposit (e.g., Ethereum/ETH).
An overview of the asset to be deposited and the network will be displayed. In our case, we will deposit ETH via the Ethereum mainnet, so we don’t have to choose a specific network. Click the green “See wallet address” button.
A deposit address (or receiving address) will be automatically generated by Bitpanda, copy this address. Now, let’s open our MetaMask wallet.
Once the MetaMask wallet extension is open, click the “Send” button, select the asset to send (ETH here), and paste the deposit address in the field. Then, enter the amount to send: 0.01 ETH in our example, and click “Next”.
A summary of the amount sent and the network fees will be displayed ($1.26 in this example). Network fees are used to pay the hundreds of thousands of validators on the Ethereum network who ensure the security and functionality of Ethereum in real-time.
Confirm the transaction, and after a few seconds, the transaction should be added to a new block on the Ethereum blockchain.
