Cake DeFi, the world’s fastest growing crypto finance company dedicated to providing access to decentralised financial services, has announced the launch of its Double 11 promotion, the platform’s biggest and most ambitious promotion to date.
Starting from 05:00 UTC on 11 November 2021, until 05:00 UTC on 25th of November 2021, the blowout Cake DeFi 11.11 sale promises the best sign-up offers for new customers looking to generate cash flow from their cryptocurrencies. Following the success of its recent “Olympic Bake Off” and its Oktoberfest and Mooncake promotions, the new 11.11 promotion will feature bigger and better offers for both new and existing Cake DeFi customers all around the world.
Read More: Paymints.io Launches MuniPay to Simplify Property Tax Payments for Real Estate Title Agencies
In celebration of Double 11, one of the world’s largest shopping holidays, new customers, including those that have previously registered with Cake DeFi but have yet to complete their KYC (identity verification) and make a first-time deposit of up to $1,000 will be eligible for an 11% first-time deposit bonus. That means that each and every new customer that signs up from 05:00 UTC on 11 November 2021 to 05:00 UTC on 25 November 2021 can receive an added bonus of up to $110 worth of crypto.
“Our mission has always been to add value for our customers, enabling and empowering them to generate returns from their cryptocurrencies. Throughout the year, we have experienced tremendous growth and as such, we want to offer new and existing customers something extra during this international shopping holiday,” said Julian Hosp, CEO and Co-Founder of Cake DeFi.
In addition to offering such a high bonus for new customers, Cake DeFi is also adding value for its existing trusted customer base. All existing customers can receive an extra $11 worth of crypto for every successful referral (identity verified with a minimum $50 first-time deposit), which will be added on top of the existing referral program.
Read More: Octane Completes $340 Million Asset-Backed Securitization to Drive Continued Growth
The two-week sales bonanza will also have no referral cap for existing users, which means they can earn an unlimited amount of bonus rewards for the duration of the promotion.
U-Zyn Chua, CTO and Co-Founder of Cake DeFi added, “These days, consumers are bombarded with unprecedented levels of online sales noise, particularly from e-commerce brands, and this is especially so during international sales festivals like Double 11 on 11.11. We want to ensure that we can also provide great value to our existing and new customers during this period, by helping them generate real returns from their crypto assets.”
All referral bonuses will be put into the Freezer product for 180 days and will be subject to compound interest returns, giving users an even greater reward at the end of the freezing period.
Read More: MVIS Launches the BlueStar US Listed E-Brokers and Digital Capital Markets Index
[To share your insights with us, please write to sghosh@martechseries.com]
