SafePal Wallet Holder Offering X Tokocrypto

Hello SafePal Community,

With the recent introduction of SafePal WHO (Wallet Holder Offering), SafePal is extremely excited to introduce our 1st WHO (Wallet Holder Offering) partner Tokocrypto

As the first entity in Indonesia to be registered under the Trade and Futures Exchange Ministry, Tokocrypto is Indonesia’s number 1 crypto asset digital exchange. Invested and backed by Binance, Tokocrypto is a strong advocator of blockchain technology to help educate more users about the benefits of blockchain technology. 

Today we are excited to announce the launch of the 1st WHO (Wallet Holder Offering) with TokoCrypto to reward all the SafePal users, SFP holders, and soon-to-be Tokocrypto TKO holders.

More information about TKO token and whitepaper can be found here.

Getting Ready For The Campaign

Step 1: Download the latest SafePal App from here

Step 2: Set up the SafePal App and create a new wallet in the App.

Step 3: In the SafePal App, click the DApp tab, open the “Wallet Holder Offering-TKO” DApp, and start to participate!

Task 1: Follow And Retweet

Step 1: Follow Tokocrypto & SafePal on Twitter

Step 2: Retweet the official announcement of SafePal x Tokocrypto WHO Airdrop along with your unique referral code. Your referral code can be found in the Wallet Holder Offering DApp within the App.

Step 3: Come back to the Twitter task within the Wallet Holder Offering DApp, paste your RT link into space, and click ‘Complete’

Step 4: Then you can earn extra 0.2 Shares of the reward pool once you finish any task from Task 4, Task 5, and Task 6.

Note: The Twitter account must be older than 180 days and have more than 10 followers. For detailed instructions, read the tutorial here.

Task 2: Join Telegram Community

Step 1: Open Telegram, search for the “SFPSam_bot“, and click /Start.

Step 2: Follow the instructions and join the TokoCrypto and SafePal community.

Step 3: Once joined, open the “Wallet Holder Offering-TKO” DApp in the SafePal App, enter the Telegram task

Step 4: Click the “Claim Now” button, then you can earn extra 0.2 Shares of the reward pool once you finish any task from Task 4, Task 5, and Task 6.

Task 3: Super Referral Program

The SafePal Referral Program is a great way to earn WHO airdrop tokens for free by inviting your family and friends. After a referee enters a referral code, the referrer can earn an extra 10% reward calculated based on the tokens their referees earn from the campaign. Each referee can also earn an extra 0.2 share by completing any holding challenge. For more detailed instructions, read the tutorial from here.

Task 4: Register On TokoCrypto (For Indonesian Users Only)

This is a Tokocrypto exclusive task for Indonesian users only via the Wallet Holder Offering Airdrop. The purpose of the campaign tasks remains committed to educating and rewarding users for actual participation in the TokoCrypto ecosystem.

Step 1: Make sure you have 20 SFP in the SafePal Wallet in order to participate in this task. You can swap for the 20SFP using the SafePal Swap feature.

Step 2: Sign up to Tokocrypto Exchange by following this tutorial.

Step 3: Complete the KYC Process following this Tokocrypto tutorial

Step 4: Open the “Wallet Holder Offering-TKO” DApp within the SafePal App, click the TokoCrypto task, and enter your registered Tokocrypto email to claim 3 shares

If you encounter any issues surrounding the Tokocrypto Exchange registration, please reach out to the Tokcocrypto Team at:

  • – Telegram : @Tokocrypto_CS_Bot
  • – Whatsapp 0811-1945-432

Task 5. Holding Challenges – Swap & Hold To Earn TKO+SFP

A 2,000,000 TKO Token + $100,000 USD worth of SFP reward pool will be allocated to reward all participants who have completed the Holding Challenges within the SafePal App. Anyone who completes a challenge before March 28th is able to take an exclusive share from the total reward pool.

A total of 2 holding challenge awaits, it’s up to each user to decide which challenges they want to join and complete. The more challenges a user completes, the more shares he/she can take from the reward pool.

Each BSC address and each device can participate in one task ONCE.

Campaign Results Calculation

By the time the campaign ends after March 28th, all participants who have finished the challenges will share the 2,000,000 TKO Token + $100,000 USD worth of SFP reward pool. The reward token amount each participant receives is calculated based on how many participants are sharing the pool and how many tasks the participants complete. The calculation formula is as follows:

Each Participant’s SFP Reward = [(2,000,000 TKO + $100,000 USD Worth of SFP) / Number Of Total Tasks Completed ] * Number Of Tasks Completed By Each Participant

Campaign Timeline

  1. The campaign will end by March 28th at 3PM JKT Time
  2. Calculation of the results will be announced and the tokens will be credited to qualified participants’ accounts on March 31st.
  3. The TKO+SFP tokens will be sent to qualified participants’ BSC address after TKO is listed (no confirmed date yet)

Holding Challenge 1: SWAP & HOLD SFP for 7 Days

To participate in this section, users need to swap 100 SFP through the SafePal Swap feature and hold the swapped SFP within the SafePal wallet for 7 days. Please note that since the campaign will end on March 28th at 3pm JKT time, then the deadline to join the 7-day holding challenge will be March 21st at 3pm JKT time. You can learn how to swap for SFP from this tutorial.

Holding Challenge 2: SWAP & HOLD BNB for 7 Days (MUST Have 20 SFP to Participate)

To participate in this section, users must have at least 20 SFP within the SafePal Wallet. To complete the task, users need to swap 1 BNB through the SafePal Swap feature and hold that amount of token within the SafePal wallet for 7 days. Please note that since the campaign will end on March 28th at 3pm JKT time, then the deadline to join the 7-day holding challenge will be March 21st at 3pm JKT time. You can learn how to swap for SFP from this tutorial.

Extra Bonus for BIDR

In the above two tasks, if users use BIDR to Swap for SFP or BNB, the allocated share will be upgraded into 1.5 shares.

Note: BIDR is a stable currency pegged to the Indonesian IDR.

Two Methods To Get BIDR
  1. Directly swap for BIDR through the SafePal Swap feature.
  2. Buy BIDR from TokoCrypto exchange using Indonesian IDR and transfer. This method is for Indonesian users only because there is KYC involved. Here is a guide to show you how to purchase BIDR using an Indonesian bank account.

FAQ

What is Wallet Holder Offering (WHO)? Why should I participate?

Everything about Wallet Holder Offering (WHO) can be learned from our previous announcement.

Will SafePal Hardware Wallet Users be rewarded?  

If you own and have paired a SafePal S1 Hardware Wallet within the SafePal App, future Wallet Holder Offerings (WHO) will offer exclusive rewards to SafePal S1 Hardware Wallet owners. SafePal S1 Hardware Wallet is available from the SafePal website, Amazon, and local resellers however due to the recent surge in demand, our inventory has been completely depleted. A new batch will arrive in late April, thus we decided that exclusive hardware wallet rewards will not be added in this round of the Wallet Holder Offering (WHO). Since the delivery time for each channel varies, and the logistics are unstable due to the pandemic situation, we are not able to predict or guarantee the delivery time for your location. Therefore only you can decide whether to place a new order or not.

I have finished a holding challenge, why hasn’t my reward balance changed?

The Holding Challenge will end on March 28th afterwards the team will than be able to collect the statistics and calculate the airdrop rewards for all participants. This might take a few days, hence the rewards for the qualified participants will be credited to users’ accounts on March 31st. Then you will be able to view the reward result in the “Wallet Holder Offering-TKO” DApp interface.

Please note that the actual TKO+SFP rewards will be distributed to your wallet after TKO is listed.

How many reward tokens does one share equal to in the Holding Challenges?

The reward token amount each participant receives is calculated based on how many participants are sharing the pool and how many tasks the participants complete. The calculation formula is as follows:

Each Participant’s Reward Token = [2,000,000 TKO + 100,000 USD worth of SFP / Number Of Total Tasks Completed ] * Number Of Tasks Completed By Each Participant

Does SafePal Swap charge any fee?

SafePal charges 0.3% service fee upon each swap order.

I receive fewer tokens than my swapped amount. Why is this? Does this still count for the holding challenge?

Depending on the coin or token network, price slippage may occur due to the inherent nature of using swap services. Transactions take time depending on the technical architecture of the coin or token resulting in different numbers of confirmations required to complete a transaction. This will cause a varying of transaction speed and network congestion as well as a multitude of technical complications. Please do your own research surrounding the coin & token you are looking to swap for. SafePal is not held accountable for price slippages using our swap service.

Disclaimer

Risk Warning

Cryptocurrency investment is subject to high market risk. Please invest cautiously. SafePal will not be responsible for your investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities. SafePal will make the best efforts to select high-quality partners for WHO, but will not be responsible for your investment losses. Thanks for your support!

SafePal reserves the right to disqualify all suspected participants that are botting, front running, or exploiting the Wallet Holder Offering (WHO) mechanism without appeal. Investors also should be mindful that what has been described above surrounding Wallet Holder Offering (WHO) does not represent financial advice. 

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. 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.