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What are Crane Coins (CNC)?
What are Crane Coins (CNC)?

Crane Coins (CNC) are prizes you win for completing activities on the Crane app. Learn how about them in this piece. | Inside_crane

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Written by Toluwalase "Nate" Kadiri
Updated over a week ago

Crane Coins (CNC) are rewards for completing activities, including tasks and transactions, on Crane. You'll also receive CNC from referral activities.

How to earn Cane Coins (CNC)

1. Through referral activities

You'll earn 25 CNC for every $1 your referee completes. Learn how to share your referral tags with your friends here.

2. Completing transactions on Crane

The higher the transaction value you complete, the more CNC you'll earn. For example, if you convert $100 worth of BTC, you'll get 500 CNC. If you convert $1,000 worth of BTC, you'll earn 5000 CNC, and so on.

However, your trade level on the Crane app influences the value of CNC you'll receive. For example, a Beginner (Level 0) on Crane will win 500 CNC if they convert BTC worth $100, while a Level 5 user will get 1,000 CNC if they convert the same amount of BTC.

3. Completing activities on the Crane app

You'll earn CNC when you complete activities, such as Lucky Spin, Tasks, and Guess Coin Price, on the Crane app.

4. Position on Crane's Leaderboard

The leaderboard is a weekly ranking system that shows Crane users' trading activities. It displays the top 20 users with the best transaction activities. Every midnight on Sunday, the top 20 users on the leaderboard are compensated with CNC. The more transactions you complete on the Crane app, the higher you grow on the leaderboard and improve your CNC earnings.

The CNC reward system works like this:

Leaderboard position

CNC Reward

1

50,000

2

30,000

3

20,000

4

15,000

5

10,000

6-20

5,000

The CNC reward system for users on Crane's leaderboard.

How you can spend Crane Coins (CNC) on Crane

CNC only works on the Crane app and other affiliated communities. You can use CNC for airtime recharge, data subscription, or a trade-in for cash when it reaches 10,000. However, you're eligible to spend CNC only after completing a transaction worth $20 at least on Crane.

Basic CNC Conversions you should know

  • 10 CNC = ₦1

  • 25 CNC = $1

  • 25,000CNC = $1,000

  • 10,000CNC = ₦1,000 in trade-in cash

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