Introducing Okto Points: A Rewarding Welcome Into CoinDCX’s Web3 Experience

Okto Points Season 1 has ended. Season 2 starting soon!

1 Aug 2024 | 4 min read

Table of Contents

Introducing Okto Points – get rewarded to trade and invest in 50,000+ tokens on your very own CoinDCX app.

What Are Okto Points?

Welcome to the world of Web3 and DeFi with CoinDCX’s Web3 mode powered by Okto! Okto Points are more than mere rewards; they serve as your gateway to becoming an integral part of CoinDCX’s pioneering journey into the future of decentralized finance. As the foundational element of our mission to democratize access to Web3, Okto Points offer unparalleled opportunities for our dedicated users to earn, trade, and thrive alongside CoinDCX.

What is in it for you, you ask?

These points are more than just rewards; Okto Points symbolize loyalty and mark the beginning of our collective journey into a decentralized financial future. These points serve as a token of appreciation for your engagement and transactions on the platform, powered by the revolutionary Okto Chain. Whether you’re trading, or exploring new features, Okto Points reward you for every step you take toward building your crypto portfolio. Here’s everything you need to know to start earning and benefiting from Okto Points.

What is the Significance of Okto Points?

Okto Points offer more than immediate gratification; they represent a pathway to future benefits. By earning Okto Points, you’re not just trading – you’re becoming a part of the decentralized finance revolution.

Moreover, as a token of appreciation, we are awarding Loyalty Rewards in Okto Points for your historical activities on the CoinDCX app. This guaranteed allocation expresses our gratitude for being a valued member of the CoinDCX community.

How Can You Earn Okto Points?

Earning Okto Points is straightforward and rewarding:

Loyalty Reward Point: As recognition for your past activities on the CoinDCX app, we’re awarding you Loyalty Rewards in Okto Points.
Trading Activity: Engage in trades involving 50,000+ tokens to earn points based on your transaction volume.

What Are Loyalty Rewards?

Loyalty Rewards are additional benefits in the form of retrospective Okto Points you receive for the various activities you have done on the CoinDCX platform in the past, including everything from spot trades as an investment to crypto futures trading. These rewards reinforce our appreciation for your continued support and participation in CoinDCX’s growth.

Points Season

Milestone	Schedule
Season 1	Ended on July 31, 2024
Season 2	Starting Soon!

Points Drop

Okto Points are calculated every week, with the earning period closing on Thursdays. This weekly cycle ensures that all your activities from the previous week contribute to your points balance. Currently, Points Season 1 ended on July 31, 2024, giving you ample time to accumulate points and reap the rewards. Every Friday at 7:30 pm IST, Okto Points earned throughout the week are credited to your account, ensuring a regular flow of rewards.

Benefits and Future Prospects

The true value of Okto Points, and thus of $OKTO tokens, lies in their future potential. With $OKTO tokens, early adopters stand to benefit from CoinDCX’s growth and success in the DeFi space. Stay tuned for updates on conversion rates and additional benefits as we continue to enhance our offerings.

Note: To maintain fairness and security, CoinDCX reserves the right to adjust points in cases of suspicious activity.

Conclusion

With Okto Points, CoinDCX sets new standards in user engagement and loyalty within the Web3 ecosystem. Join us as we embark on this exciting journey, where your actions today with Okto Points pave the way for a more rewarding tomorrow. Start earning your points, explore new opportunities, and be part of the future of decentralized finance with CoinDCX and Okto Points.

Stay informed, stay engaged, and watch your Okto Points grow – it’s your gateway to a more rewarding trading experience and growth with CoinDCX.

For more details and to get started, visit the Okto Points page on CoinDCX’s Web3 mode.

FAQs

What are Okto Points?

Okto Points are your ticket to joining in on the exciting future of CoinDCX's Web3 mode. They're designed to make your experience with Okto-powered Web3 more enjoyable. You start earning points for activities like buying and selling, with more ways to earn coming soon. Points are dropped into your account every Friday at 7:30 pm IST.

Are there bonus quests to earn more points?

Yes, there will be fun quests to earn even more points! Keep an eye on the points page for all the details.

What are the benefits of Okto Points earned?

Okto Points offer more than immediate rewards; they will eventually convert into $OKTO tokens, adding real value to your participation in the Web3 ecosystem. By earning Okto Points, you're not just trading but becoming part of the decentralized finance revolution.

How are Okto Points calculated and when will they be credited?

Okto Points are calculated weekly, with the earning period closing on Thursdays. This cycle ensures that all your activities from the previous week contribute to your points balance. The more you interact and transact in Web3 mode, the more Okto Points you'll accumulate.

How much is each Okto Point worth?

Great things are coming! We'll share all the details on conversion rates and more very soon. Stay tuned!

Why do I have “Locked Points” in the points section in Web3?

CoinDCX has rewarded users with points for their loyalty based on past activities. These points are initially "locked." To unlock and take advantage of these points, you need to make a Web3 transaction.

Where can I see the Points transaction history?

You can check your points balance anytime on the Web3 mode points page. We’ll also notify you weekly when you earn new points. However, the detailed transaction history of your points is currently unavailable. Stay tuned for updates!

What are points seasons?

We'll have two seasons to collect points. The first Points Season ended on July 31, 2024. The next phase will begin soon and details of which will be shared beforehand.

Is there an expiration date for Okto Points?

No, your earned points do not expire. If there are any changes in the future, you will be notified.

Can I use my Web3 points in Okto and vice versa?

No, Okto Points earned within CoinDCX's Web3 mode are exclusive. They cannot be transferred or used in Okto or any other platform.