As a show of our deep gratitude for all of the recent support, Telcoin has decided to extend the December Holiday Promo through the end of January! Users who participated in the original promo period last month have already been airdropped TEL equivalent to their cash-in fees for December, and users who join the extended campaign (including those who have made a USDC deposit with Transak since Telcoin App services resumed) will receive a TEL airdrop in February.
Fully registered users in supported markets can deposit USDC into their Telcoin App using Transak as the payment method (debit card or bank account, depending on jurisdiction). The sum of their cash-in fees for the month of January, shown on the confirmation screen of the deposit process (see below), will be the amount reimbursed in TEL.
Users can see their Transak cash-in fees in the “Confirm Deposit” screen next to “Fee.” In the example above, US$9.37 equivalent in TEL would be eligible for reimbursement.
The total dollar amount of all accrued fees will be used to determine the TEL equivalent, based on the price of TEL at the end of the new promo period. TEL will then be airdropped to participating users during the month of February.
Not yet a Telcoin user? Download the Telcoin App today and you too can benefit from no-cost USDC cash in for the entire month of January! The Telcoin App is puts the power of DeFi at your fingertips and on the go, wherever 2024 may take you.
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Please read below for full terms and conditions. The Telcoin team is grateful for your support, and we wish you all the best in this new year and beyond!
Telcoin Holiday Promo — Extension 2024 Terms and Conditions
1. This is a limited time offer. Between the dates of January 1st and January 31st 2024, Telcoin customers who deposit funds into the Telcoin App via Transak will have all direct Transak deposit fees reimbursed in TEL.
2. Only deposits will be eligible for promotional rebates. Deposits must be made in USDC. All rejected/declined transactions will not be eligible for reimbursement.
3. Users must reside in an eligible region or location that supports Transak deposits.
4. Users must receive the deposited funds in their Telcoin wallet to have that transaction qualify for reimbursement.
5. Promotion is limited to US$500 equivalent in TEL reimbursement, per Telcoin App account. Deposit amounts are unlimited, up to the Transak monthly maximum. Please refer to Transak Terms and Conditions in your individual jurisdiction.
6. All reimbursements will be made in whole TEL rounded up to the nearest equivalent value.
7. The TEL reimbursement rate shall be as stated on Coingecko.com on February 1st, 2024 12:00am UTC, but Telcoin reserves its right to change the reimbursement methodologies and reference rate in its reasonable discretion.
8. All reimbursements will be airdropped in the user’s Telcoin App wallet via airdrop after the promotion finishes on February 8, 2024 or as of a reasonable date thereafter.
9. Recipients are responsible for all associated taxes and costs including, without limitation, gas fees.
10. Transaction details will not be shared publicly.
11. Offer only applies to valid Telcoin customers who are in compliance with Telcoin policies including, without limitation, passing required Know Your Customer (“KYC”) requirements.
12. Offer may not be combined with any other offers, discounts or promotions.
13. Offer is non-transferrable and may not be resold.
14. Offer good while allocated supplies last.
15. Customers agree to the use and processing of their information for processing the offer and regulatory purposes.
16. Users must be at least 18 years old prior to the date of the commencement of the offer.
17. Any violation of the offer terms and conditions will invalidate and void the offer.
18. Telcoin reserves the right to modify or cancel the offer and/or any of its terms at any time with or without notice.
19. Offer void where prohibited. Without limiting the foregoing, this offer is not valid in the United Kingdom or to residents of the United Kingdom.
20. This offer is subject and in addition to Telcoin’s Terms and Conditions available at https://www.telco.in/terms-of-use.