SafePal Banking Gateway ARB Airdrop

Dear SafePal community,

SafePal is excited to announce the launch of an ARB incentive airdrop campaign as part of the Arbitrum LTIPP (Long Term Incentive Pilot Program). The campaign will start from June 6th 08:00 AM UTC to August 29th 08:00 AM UTC 2024 for and provide exclusive ARB airdrop rewards for SafePal banking gateway users, as part of efforts to bridge the accessibility gap between crypto and mainstream adoption

To get started, download the SafePal App here and click “Banking Gateway” in the DApp center “Featured” section to participate and learn more. As part of the campaign, the first 7,000 participants will receive:

  1. 10 $ARB by minting an NFT, registering, and activating your SafePal banking gateway
  2. 5 $ARB for topping up just 10 USDC across 40+ blockchains
  3. 5 $ARB for linking your Visa card to popular payment platforms and making 2 purchases

**Note: $ARB LTIPP grants are given to grantees on a bi-weekly basis, so participants may have to wait to claim the $ARB upon completing the tasks if the amount of $ARB has been fully claimed for that week.

Users can refer to the video tutorial here for guidance on how to participate in the campaign.

The SafePal banking gateway is powered by Fiat24, a fully compliant Swiss bank account licensed by the Swiss Financial Market Supervisory Authority (FINMA). Users can enjoy various benefits such as:

  1. Zero fees for account setup and management
  2. Topping up accounts with crypto or fiat and utilize it with 40M+ merchants across the globe
  3. Referral commissions and enhanced top-up fee rates with various account tiers

Learn more about SafePal Banking Gateway in the blog post here or product page here. Users can also open a ticket for enquires here

FAQs:

  1. Am I eligible for the SafePal banking gateway and Visa card?

Banking services are currently undergoing beta testing, and only available to users in the EEA countries and Switzerland. Users can check the supported regions here, and stay tuned for updates on other regions.

  1. How can I apply for a bank account and Visa card?

Eligible users can open SafePal wallet App and open a bank account under the Bank tab on the homepage. After completing the bank account registration, you will also receive a Safepal Visa card. Learn more about getting started here.

  1. Are there any fees?

There are no account creation or management fees. The banking gateway and Visa card also offers the most competitive rates, with fiat transfer and deposit fees being as low as 0.6%. For more information, please visit our Pricing and Fee disclosures.

  1. How to claim a reward?

Once you complete a task, click the corresponding “Claim” button in the landing page to receive your reward. The reward will be distributed to participants in order of task completion ($ARB LTIPP grants are given to grantees on a bi-weekly basis, so participants may have to wait to claim the $ARB upon completing the tasks if the amount of $ARB has been fully claimed for that week).

Note that the rewards are only valid for the first 7000 applicants on a first-come, first-serve basis.

Full Disclaimer:

Activity Rules:

SafePal reserves the right to disqualify participants that are deemed to be spammers or illegally bulk registered accounts, as well as activities that display attributes of exploitation or market manipulation.

SafePal reserves the right to cancel or amend any activity or activity rules at our sole discretion.

Not Investment Advice

This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you. 
Cryptocurrency investment is subject to high market risks. Please invest cautiously. SafePal will not be responsible for any investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities. 
Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Non-Endorsement

The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal. 
Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.


About SafePal:

Founded in 2018, SafePal is a comprehensive crypto wallet suite backed by industry leaders such as  Animoca Brands, Binance and Superscrypt. SafePal empowers users to own their crypto adventure by accessing opportunities securely in the decentralized world via its hardware wallet, mobile app, and browser extension wallet solutions.

The SafePal platform serves over 13 million users globally across 200+ regions and countries, supporting 15 languages, 100+ blockchains with their tokens and NFTs. It also encompasses crypto asset management solutions like cross-chain swapping, trading and yielding tools, and even a CeDeFi banking gateway and Visa card for users.

SFP is a decentralized BEP-20 and ERC-20 utility token serving as the growth engine of the SafePal ecosystem, and can be used to purchase SafePal products at a discount, converted seamlessly to gas across chains in the app, in addition to rewarding token holders and education programs.

Stay informed about SafePal here

About Fiat24:

Fiat24 is a financial institution, regulated and licensed in Switzerland. Offering a suite of financial services through their dApp, Fiat24 clients get access to Swiss offshore cash accounts directly on the blockchain, allowing them to do top-ups via both crypto and bank wire through their Swiss IBAN, as well as do instantaneous currency exchanges, and spend via the Fiat24 Visa debit card.

Fiat24 is backed by FenBuShi Capital, Hashkey Capital, Kucoin Venture, Huobi Venture, IDG, Red Point, and serves thousands of users through strategic partnerships, with intentions to expand their services across various regions worldwide. 

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