Rewards are attached to every transaction (e.g., converting payments received in crypto to naira) and task (configuring a feature on the Crane app). This piece will help you understand how rewards and bonuses work on Crane to improve your experience.

Crane Coins (CNC) are the main rewards on Crane. It’s a utility token you can only earn and spend on Crane or supported platforms. You can use CNC for airtime recharge, data subscription, or cash trade-in when it reaches 10,000 (note that 10 CNC = ₦1, while 10,000 CNC = ₦1,000).

Your CNC earnings depend on your level on the Crane app.

Xpts are the reward points for converting digital assets to naira. For instance, if you convert a crypto worth $15 to naira, you’ll receive 15 Xpts. Unlike CNC, Xpts bonus strictly depends on the amount you convert.

Xpts directly affect your Crane level and position on the leaderboard, the weekly ranking system that shows your conversion activities. The more you convert virtual currencies to naira, the more Xpts you’ll win. The more Xpts you have, the higher your chances of moving to a new level and growing on the leaderboard. The more you grow on the leaderboard and unlock new levels, the more CNC you’ll win, meaning more money for you.

Xpts and CNC are rewards for converting crypto to naira on Crane. But they’re not the same. The table below explains the difference between them.

We attach rewards—mainly CNC—to every transaction you complete on Crane. The more you use the Crane app to receive money in crypto and subsequently convert it to naira, the more (CNC) bonus you’ll enjoy. For example, you’ll receive 500 CNC if you convert crypto worth $100 to naira, while you’ll get 5,000 CNC for converting a digital asset worth $1,000.

That’s not all.

Your transaction frequency also affects your level and badges. Your level and badges influence transaction rewards on the Crane app. For instance, users on levels 0–4 will win 500 CNC if they convert $100 worth of crypto to naira, while users on levels 5-8 will receive 1,000 CNC for completing the same crypto conversion to naira.

We appreciate it when you tell a friend about us. It is even better for you when your friend signs up, uses our app to receive payment in crypto, and converts the crypto to naira.

These are the CNC rewards you’ll win when you share your referral tags with friends:

Your chances of unlocking new levels and badges increase when you complete conversions and activities on the Crane app. The level starts from 0 (Beginner) to 10 (E Choke!).

Converting a set amount of crypto to naira is the requirement to move to a new level. Subsequently, you’ll receive CNC for unlocking a new level. The CNC amount you receive depends on the level.

Additionally, you’ll enjoy the multiplier effect attached to the new level. This means subsequent CNC bonuses will be multiplied by the multiplier effect of your level. For example, if you’re on level 1 and convert $500 worth of crypto to naira, you’ll receive (5 x $500) CNC + 2,500 CNC for unlocking level 2. In total, you’ll receive 5,000 CNC for that transaction. The multiplier effect of each level on Crane varies.

Here’s a table showing the levels on Crane, the conversion requirements to reach each level, and CNC benefits for unlocking new levels.

Badges—unlike levels—aren’t tied to conversions only. You’ll also receive them when you do any of the following:

You’ll receive CNC for every new badge you earn on Crane.

The table below shows all the badges on Crane, the requirements to earn them, and the CNC bonus you’ll receive after gaining a new badge.

The leaderboard is a weekly roaster that tracks conversion activities. Your rank depends on the frequency of digital assets you convert to naira. The higher your rank on the leaderboard, the more CNCs you’ll receive.

We give the CNC bonus to the top 20 leaders at midnight every Sunday. In summary, more crypto to naira conversion = growth on the leaderboard = more CNC = more money to spend on airtime and data subscriptions.

Here’s how the CNC reward system works for the top 20 positions on the leaderboard:

KYC is a mandatory direction from the Central Bank of Nigeria to document and verify the identity of every customer. Besides helping us stay accountable to financial regulators, KYC helps us protect your account.

We have three KYC tiers on Crane (tier 1, tier 2, and tier 3), with a CNC bonus attached to achieving each new tier.

The table below shows the requirements to complete a KYC tier, their limits, and the CNC reward attached to finishing each tier.

No one likes to lose their money. But lax account access increases your chances of theft. To increase account security, you can activate two-factor authentication (2FA). 2FA ensures only you—the authorised user—can access your Crane account.

2FA requires double identification methods, hence the name. After providing your regular username and password, you need to add another identity before gaining access to the app.

The authentication options on Crane are:

You’ll receive CNC as a bonus after activating biometrics and setting up Crane on your authenticator app. Here’s a table showing the CNC rewards: