The CEX.io CEXP token airdrop is scheduled for late Q4 2024, potentially in the last week of December. The project also plans to launch its whitepaper around the same time.
With the growing popularity of Telgram’s tap-to-earn model, major crypto platforms and exchanges are now venturing into this segment. After Binance announced their Moonbix project earlier this year, CEX.io launched their own exclusive tap-to-earn game – CEX.io Power Tap.
Although the game was launched on Telegram back in May, CEX.io has finally revealed its roadmap for the project earlier this month. The roadmap shows detailed plans for the project, including plans for its whitepaper, integration with the exchange’s ecosystem, and an airdrop for users.
Here’s everything we know about the upcoming CEX.io Power Tap airdrop.
What is Power Tap?
Power Tap is a gamified crypto-learning simulator launched by CEX.io in May 2024. It aims to attract users to the CEX.io ecosystem and help them understand crypto mining through hands-on experience. The game allows players to earn in-game currency by tapping, completing tasks, referring friends, and more.
To progress, players can build mining pools to mine in-game BTC, which can be exchanged for more in-game fiat to enhance mining power. The ultimate goal is to accumulate as much in-game capital as possible, potentially exchangeable for real-value assets, during an airdrop planned for the end of Q4 2024.
What is the CEX.IO airdrop?
The CEX.io Airdrop involves distributing CEXP tokens, the native cryptocurrency of the CEX.IO platform. This initiative aims to reward users for their participation and loyalty, while also encouraging new users to join the platform. The Telegram mini-game currently has over six million active users.
When is the airdrop happening?
The specific dates for the CEX.io CEXP token airdrop have not been publicly announced. The roadmap mentioned it will take place by the end of Q4 2024. This suggests that the airdrop could occur in December, potentially around Christmas.
Users are encouraged to follow CEX.io’s official channels, such as their website and social media platforms, to receive timely updates about the airdrop schedule.
Eligibility criteria for the airdrop
Eligibility for the CEX.io airdrop typically involves completing specific tasks designed to engage users with the platform and its community. While the exact requirements may vary, common criteria include:
- Account registration: Users must have a registered account on CEX.io.
- Identity verification: Completing Know Your Customer (KYC) verification processes to ensure compliance with regulatory standards.
- Social media engagement: Following CEX.io on various social media platforms or sharing promotional content.
- Referral programs: Inviting friends to join the platform, with rewards based on the number of successful referrals.
These tasks are designed to promote active participation and expand the platform’s user base. It’s important to note that eligibility criteria can change, so users should refer to official announcements for the most accurate information.
How to participate in the airdrop
To participate in the CEX.io CEXP token airdrop, users can follow these general steps:
- Join the CEX.io Power Tap Telegram Bot: Access the airdrop bot through the Telegram app to initiate the participation process.
- Engage with the bot: Start the bot to receive instructions on earning CEXP tokens, which may include tapping to earn tokens at specified intervals.
- Complete tasks: Fulfill tasks such as following CEX.io on social media platforms, inviting friends to participate, and other promotional activities.
- Register on CEX.io: Create an account on the CEX.io platform if you haven’t already.
- Complete KYC verification: Submit necessary identification documents to complete the KYC process, ensuring compliance with regulatory requirements.
- Claim tokens: After completing the required tasks and verification, claim your CEXP tokens as directed by the airdrop guidelines.
As with any cryptocurrency-related activity, it’s essential to exercise caution, conduct thorough research, and be aware of potential risks associated with airdrops and digital assets.
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01.
What is an airdrop?
A crypto airdrop is a marketing strategy where blockchain projects distribute free tokens to users’ wallets to promote awareness and encourage adoption. Recipients may need to hold a specific cryptocurrency or complete tasks to qualify.
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02.
What is tap-to-earn on Telegram?
Tap-to-earn on Telegram refers to games where users earn cryptocurrency by engaging in simple activities, like tapping the screen. These games, accessible via Telegram bots, reward players with tokens for their participation.
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03.
Is CEX.io a safe exchange?
CEX.io is considered a secure cryptocurrency exchange, employing strong security measures such as data encryption and offline crypto storage. It has a user trust score of seven out of 10 on CoinGecko. Since its launch in 2013, the exchange has not experienced any loss of customer funds.