Promo: Enjoy Your First Transaction, Fee-Free!

Written by
Nate Punzalan
Published on
October 4, 2024
Promo: Enjoy Your First Transaction, Fee-Free!

Hey everyone! We’re excited to announce our new signup promo for new users! 🎉

Whether you’re sending or receiving your first payment on Parallax, we’ll waive the withdrawal fee, up to a cap of $25. This is our way of helping you get started without any extra costs, so dive in and enjoy seamless, fee-free transactions! Keep reading for all the details on how it works and how you can take full advantage of the offer.

1. How does this promo work?

Your first withdrawal on Parallax will be free! We’ll waive the transaction fee, up to a cap of $25. If your fee exceeds $25, you’ll just have to pay the difference. 🎉

As a helpful guideline, a $2800 USDC.sol withdrawal would normally have a fee of about $24, which falls under the $25 promo cap—so your first withdrawal would be completely covered!

2. Is there a limit to how large my first withdrawal can be?

You can withdraw any amount, but remember that the promo only covers up to $25 of the fee. So if you’re withdrawing a bajillion dollars, you might have to pay a little extra in fees once the $25 cap is reached. 😄

3. What happens if my first withdrawal fails or gets refunded?

No worries! If your first withdrawal encounters an error and gets refunded, we’ll reset the promo so that you can still enjoy a free withdrawal on your next successful transaction.

4. What happens if I signed up during the promo but didn’t make my first withdrawal until after it ends?

Good news! If you sign up during the promo period, you’ll still be eligible for your free withdrawal—even if you make that withdrawal after the promo period ends.

5. How long does the promo run?

The promo is active until October 31, 2024, but as mentioned, as long as you sign up during the promo, you can still make your first withdrawal for free after that date!

6. Does this apply to all users?

This promo is only for new users who sign up during the promo period and make their first withdrawal after completing onboarding. If you’re already a user, stay tuned—we frequently run offers and rewards for our loyal users as well! 😊

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