ICONFi supports your Network Fee!

ICONFi
3 min readJul 23, 2021

Dear ICONFi users,

With the previous Screenshot sharing event, the ICONFi team got a lot of feedback. The team absolutely appreciates all the feedback and interests from the users.

Among many feedbacks, the ICONFi team wanted to address issues that can be solved with simple actions.

We figured that there are many crypto exchange users who want to use ICONFi services, especially Flexible accounts that give up to 3.5% interest without any lock-up period. Yes, it is not a lie — no lockup period, no fees, just deposit crypto assets on the Flexible account and enjoy compound interest while waiting for the next Bull Market. And Yes, many ICONFi users rely on Fixed Savings to earn more crypto up to 8% APR on BTC, with a certain lockup period.

And we found that there are users reluctant to transfer crypto assets in the exchange wallets to ICONFi because of the quite expensive network fees.

On top of the Gas Fee, exchanges often require a certain amount of withdrawal fees.

This gave the clue of the next event for current and potential ICONFi users. ICONFi decided to support the network fee for those who deposit crypto on Flexible accounts or Fixed Savings accounts!

ICONFi is offering 5 ICX to users who deposit crypto and share a screenshot of their Transactions pages on Twitter.

After the event is closed, ICONFi will have a lottery event: Random pick of 3 users among the participants to give out 50 ICX!

To participate:

  1. You need to be an ICONFi user. Download the ICONFi App and sign in if you are not an ICONFi user yet!
  2. Deposit any crypto among BTC, ETH, USDT, or USDC into the Flexible or Fixed account within the event period.
    (Sorry but ICX deposit is not subject to this event! That’s because the transaction fee of ICX is already super low. Feel the greatness of ICX and try Staking ICX on ICONFI!)
  3. Take a screenshot of the “Transactions” tab on any crypto of your Flexible or Fixed account! The screenshot must show the deposit record of the crypto you just sent to ICONFi.
  4. Share the screenshot to Twitter with the hashtag #ICONFi.
  5. Submit the screenshot into this form with some basic information to identify your participation.

This event will be open for only 2 weeks from July 23rd 2021 to August 6th 2021. Eligible users will receive the event reward of 5 ICX before August 10th 2021.

About ICONFi

ICONFi is a digital asset savings platform that provides simple & intuitive earn products so that anyone can easily multiply crypto assets. ICONFi aims to simplify the complicated processes often associated with crypto assets and offers a sleek, straightforward user interface which supports saving, staking and airdrop activities at the palm of your hand.

Website | Telegram | Medium | Twitter

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ICONFi

A new crypto staking and earn service for the ICON community.