Dear SafePal Community,
It is with great excitement that we announce the launch of a limited edition USDC hardware wallet to enhance crypto security! Users will be able to redeem this wallet by performing simple Giftbox tasks (More information below).
The limited collection of customized bluetooth open source X1 hardware wallets have the same features as the standard model (including the support for various networks and tokens), but come with unique perks to improve the USDC user experience. Additionally, SafePal will host a series of events and educational initiatives this year that focus on the utility of USDC in various applications.
For this campaign, users will be able to redeem these limited edition USDC hardware wallets valued at $69.99 USD by taking part in this first phase of this campaign from 24th January to 30th June 2024, and will only need to cover shipping costs and provide a redemption fee of 10 USDC (with a full rebate for the redemption fee as one of the perks).
Unique Perks and Privileges
- 10 USDC rebate upon activation of wallet
Upon wallet activation and after creating a new wallet, users can claim the 10 USDC rebate via the special ‘USDC Privileges’ Dapp. The rebate will be distributed to the corresponding X1 hardware wallets USDC (Polygon) address within 24 hours of claiming.
Users can refer to the full guide in the corresponding section below on how to claim the rebate.
- Enjoy a fee subsidy for swapping 700 USDC
Swap up to 700 USDC without swap fees for wallet addresses linked to the wallet. This subsidy is only valid for the 7 blockchain networks listed below under the FAQ section.
These 2 privileges are valid for 30 days from activation and will expire on June 30, 2024.
Event Duration
24th Jan 10 AM UTC – 30th June 10 AM UTC 2024
(Note that this event may end earlier if all the wallets are fully redeemed)
How to Participate in the Giftbox Campaign
Step 1. Ensure you have downloaded and set up the latest version of the SafePal App, and access the Giftbox campaign. Here are some useful tutorials for the wallet setup process:
Download latest version of SafePal App
Setup and create a SafePal Software Wallet
Recover a wallet in the SafePal App via mnemonic phrase
Step 2: Check your eligibility for receiving the wallets
This campaign is only eligible for the countries listed here. Users with shipping addresses from other countries that are not on the shipping list will not be eligible to receive the X1 wallet.
For any queries about this event, please go to the #USDC-Campaign channel in the SafePal Discord community here.
Giftbox Tasks and Requirements
Whitelist Requirements
To qualify for the redemption of the limited edition USDC hardware wallet, users must meet either one of the following conditions below:
a) Swap into at least 35 USDC using SafePal Swap
b) Swap into at least 100 SFP(BEP20)
c) Hold at least 100 SFP in the wallet balance (snapshot shot on 23rd Jan 10 AM UTC)
Please refer to the guide here on how to use SafePal swap.
Complete the Giftbox tasks
- Complete the USDC quiz
- X/Twitter ( Follow @iSafePal and Retweet the campaign tweet)
- Swap into at least 35 USDC (Not required if already done as part of whitelist requirements)
Upon completion of the above tasks, users can claim the wallet via the final Giftbox task – “Redeem USDC X1 Wallet”.
Once you have completed the payment, you will receive an email confirmation for your order. The wallet will be shipped within 2-3 weeks.
Note: Shipping is only supported for this reward to the countries listed here. Users with shipping addresses from countries that are not on the list will not be eligible to receive the wallet.
Any customs tax will also be borne by the user, and USDC on Arbitrum, Avalanche, Ethereum, OP Mainnet, Polygon POS, and Solana are eligible for checkout.
Claiming the USDC rebate privilege
Upon receiving the limited edition USDC hardware wallet, users can proceed to activate and create a new wallet. Using the new hardware wallet address, users can then open the “USDC Privilege” DApp to claim the 10 USDC rebate.
The rebate will be distributed to the corresponding X1 hardware wallet USDC (Polygon) address within 24 hours of claiming.
Here is a guide for the whole process:
- Activate your wallet: View tutorial
- Create a new wallet with the hardware wallet: View tutorial.
- Pair the hardware wallet to the SafePal App: View tutorial.
- Add Polygon USDC token into the wallet asset list: View tutorial.
- Go to “DApp center” and search “USDC Privileges” Dapp.
- Click the “Claim 10 USDC” button. If you are eligible, it will display “Claimed Successfully”.
The rebate can only be claimed for new wallet addresses created with the limited edition USDC hardware wallet, and does not include existing wallet addresses that are imported.
FAQs
1. Can I join this Giftbox campaign on any date?
Please note that all Giftbox tasks must be completed before 30th June at 10 AM UTC 2024, or until the 10000 limited edition USDC hardware wallets are all fully redeemed.
2. How can I ask for assistance?
For any questions or problems regarding this activity, please go to the SafePal Discord community and raise your enquiries in the #USDC-Campaign channel here.
3. Can I swap the 35 USDC or apply the swap subsidy for any blockchain?
Only the following blockchain networks are eligible for the Swap task and subsidy (Other chains and contract addresses will not be valid):
EVM:
- USDC on Arbitrum: 0xaf88d065e77c8cc2239327c5edb3a432268e5831
- USDC on Avalanche: 0xb97ef9ef8734c71904d8002f8b6bc66dd9c48a6e
- USDC on Ethereum: 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
- USDC on OP Mainnet: 0x0b2c639c533813f4aa9d7837caf62653d097ff85
- USDC on Polygon POS: 0x3c499c542cef5e3811e1192ce70d8cc03d5c3359
Non-EVM:
- USDC on Tron: TEkxiTehnzSmSe2XqrBj4w32RUN966rdz8
- USDC on Solana: EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v
4. How long will it take to receive the wallet?
Shipping will take about 2-3 weeks after completion of the giftbox tasks and redemption.
5. Is this wallet only compatible with storing USDC?
The limited edition wallets in this campaign have the same features as the standard SafePal X1 hardware wallets (including support for various networks and tokens) but come with unique perks to improve the USDC user experience.
6. How can I complete the whitelist task with Swap into 35 USDC?
Step 1. Go to SafePal Swap and select USDC in the “Receive” section.
Only USDC on ARBITRUM, AVALANCHE, ETHEREUM, OP MAINNET, POLYGON POS, TRON, and SOLANA are eligible for this task (listed in FAQ 3.).
Step 2. Choose the token you want to use for payment in the “Pay” section.
It is recommended to choose the “Pay” and “Receive” tokens in the same chain to minimize the waiting time for confirmation.
Step 3. Enter at least 35 USDC in the “Receive” tab and click the “Swap” button.
Step 4. Please wait 1-2 minutes for the TXID to be confirmed. Then click the “Verify” button in the Giftbox Whitelist task.
7. How can I find the eligible USDC tokens for the above activities in SafePal Swap?
In SafePal Swap, click on “USD$” at the top, then choose USDC. The 7 USDC tokens displayed here are the ones supported in the current Giftbox Whitelist and Swap task.
8. Do I need to pay gas fees for completing the Swap task?
There will not be swap fees for swapping into USDC on ARBITRUM, AVALANCHE, ETHEREUM, OP MAINNET, POLYGON POS, TRON, and SOLANA (listed in FAQ 3.).
However, gas fees will still apply as those are from network validators to process/verify transactions.
9. Which countries and regions are eligible for the shipping address of the prize?
This campaign is only eligible for the countries listed here. Users with shipping addresses from other countries that are not on the shipping list will not be eligible to receive the X1 wallet. Any customs tax will also be borne by the user.
10. What tokens can be used to pay for the products and shipping fees?
USDC on BNB Chain, Arbitrum, Avalanche, Ethereum, OP Mainnet, Polygon POS, and Solana are eligible for checkout.
11. How many prizes are left? Can I still participate?
The Giftbox tasks will remain open for participation as long as there are still limited edition USDC wallets available for redemption.
The event will continue until 30th June at 10 AM UTC 2024, but may end earlier if all the wallets are fully redeemed.
12. Can I redeem more than one wallet?
For this activity, each user is only allowed to participate once and receive one limited edition USDC X1 hardware wallet.
Please note that this wallet is non – refundable.
13. Can I use a brand new Twitter account to complete the Twitter task?
No, you cannot. A newly created account is not eligible for the campaign. Please use your regular Twitter account to log in.
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 that provides hardware wallet, mobile app and browser extension wallet solutions. As a noncustodial wallet suite, SafePal aims to allow users to own their crypto adventure by empowering them to access opportunities securely in the decentralized world.
The SafePal platform is backed by industry leaders Animoca Brands, Binance Labs, and Superscrypt, serving over 10 million users globally and supporting 15 languages, 100+ blockchains with their fungible and nonfungible tokens. It also encompasses crypto asset management solutions like cross-chain swapping, trading and yielding tools for users.
SFP is a decentralized BEP-20 and ERC-20 utility token serving as the growth engine of the SafePal ecosystem. It can be used to purchase SafePal products at a discount and is converted seamlessly to gas across chains in the app, in addition to rewarding token holders and education programs.
Stay informed about SafePal here.
