[APAC] Crypto Spotlight: Have you met KNC and LRC?

KNC and LRC are available in the Wirex app! You can buy and exchange our latest arrivals at exclusive OTC rates.

But that’s not all! You can also earn $5 (USD) in WXT when you buy $50 (USD) worth of these tokens in the next 7 days!

Get to know KNC

Kyber Network Crystals (KNC) is an Ethereum-based token used for paying fees on the KyberNetwork. The KyberNetwork is a decentralised liquidity protocol which aims to simplify the exchange of cryptocurrencies and digital assets - it enables instant token swaps without the need for an intermediary.

How to buy KNC with your credit or debit card.

  • Go to your KNC account and tap Add Funds
  • Choose your linked credit or debit card, or link a new one
  • Enter the amount you wish to add and confirm. That’s it!

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The LRC lowdown

Loopring (LRC) is the Ethereum-based token of Loopring, an open protocol designed for creating decentralised crypto exchanges. Loopring combines elements of both centralised and decentralised exchanges to eliminate inefficiencies and allow users to benefit from higher throughput and security, plus lower settlement costs.

How to buy LRC

Here’s how to buy LRC with your credit or debit card.

  • Go to your LRC account and tap Add Funds
  • Choose your linked credit or debit card, or link a new one
  • Enter the amount you wish to add and confirm. That’s it!

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Crypto Spotlight LRC & KNC July EEA & APAC Terms & Conditions
The following terms and conditions (“Terms”) shall apply to the Crypto Spotlight LRC & KNC Promotion (the “Promotion”) which is offered by Wirex Ireland Limited in the European Economic Area (“EEA”) and Wirex Pte Ltd in the Asia Pacific (“APAC”) (each separately referred to as “Wirex”):
Timescale
1. The Promotion will run from 00:01AM (BST) on 2 August 2021 until 23:59 (BST) on 8 August 2021 (the “Promotion Period”).
Eligibility
2. This Promotion is open to verified users of the Wirex Service only (as defined by the applicable Wirex terms & conditions: Wirex | Making currencies equal and available to everyone) resident in the EEA and APAC regions (“Eligible Participants”). For the avoidance of doubt, no other users of the Wirex Service are eligible for this Promotion.
3. The Promotion applies to Eligible Participants who complete a LRC or KNC cryptocurrency purchase with a minimum exchange value of EUR 50 (in the EEA) and USD 50 (in APAC) via debit or credit card in the Wirex App during the Promotion Period (“Qualifying Transaction”).
4. Any Eligible Participants who complete a Qualifying Transaction prior to or after the Promotion Period will not be eligible for the Reward.
5. Qualifying Transactions are limited to one per Eligible Participant during the Promotion Period.
Reward
6. The Reward will be paid to all Eligible Participants who complete a Qualifying Transaction within the Promotion Period (“Qualifying Participants”).
7. The Reward will be paid to Qualifying Participants’ accounts within 30 Working Days of the end of the Promotion Period.
8. Once a Qualifying Participant has received the Reward, it can be converted to traditional fiat currency through the Wirex Service at the Participant’s discretion.
General
9. “EUR” means Euro.
10. “Reward” means the WXT equivalent of EUR 5 (in the EEA) and USD 5 (in APAC) which will be calculated by an exchange rate determined by Wirex from time to time at its absolute discretion. The Reward will be paid in WXT only. For the avoidance of doubt, the Reward may be amended or cancelled by Wirex at any time without prior notice.
11. “LRC” means the Loopring token cryptocurrency available through the Wirex App.
12. “KNC” means the 0x token cryptocurrency available through the Wirex App.
13. “USD” means United States Dollar.
14. “Working Days” means Monday to Friday, excluding weekends and any public holidays when the banks of England are closed for business.
15. “Wirex App” means the Wirex mobile application which allows you to buy, store, exchange and spend a wide variety of traditional and digital currencies.
16. “WXT” means the Wirex Token available on the Wirex Service.
17. Subject to applicable law, Wirex will not under any circumstances be liable to compensate Wirex users, Eligible Participants, Qualifying Participants or other third parties for any losses or damages occurring as a result of their participation or engagement with this Promotion.
18. Wirex may, at its sole discretion, revise any of these Terms or terminate this Promotion at any time without prior notice to Wirex users, Eligible Participants, Qualifying Participants or other third parties.
19. This Promotion is launched by Wirex independently and there are no partnerships between Wirex and any merchant or other third parties relating to this Promotion.
20. The Terms of this Promotion are governed by the laws of England and the parties irrevocably agree that the courts of England shall have exclusive jurisdiction to hear, settle and/or determine any dispute, controversy or claim (including any non-contractual dispute, controversy or claim) arising out of or in connection with this Promotion.
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