More than a month ago, I discovered this crypto wallet called "Abra" that allows its new users to earn $25 rewards for downloading the wallet, verifying their account, funding their wallet with $15 or more, and holding it for 7 days without any withdrawal transactions. Plus an additional $15 reward for doing the task of funding their wallet with $15 or more and holding it for a week.
And after I got to finish doing all the tasks myself, I wrote the article "Download Abra Wallet and Earn $40" in the hopes to share this amazing opportunity with everyone and also trying to get some referrals for the Referral Reward program that will make me earn additional $25 for every completed invite.
Since I thought that the $25 referral bonus was a huge amount, I decided to take the program seriously so I tried inviting everyone I know to download and make an account on the wallet. I even shared The Struggles of Looking for Invites after how many days of looking for prospects that will try the wallet.
And after some days, I tried what other Abra users have been doing to get more invites so I used My SmartBCH Fund for My Invites' Abra Fund where I sent about $20 worth of BCH to my invites and most of them are actually just my High School and college friends and classmates. After more than a week of letting them hold the funds I sent them, I started getting back my BCH from them. However, there is still one person who hasn't returned my BCH yet since she said that her phone's screen was damaged.
The Referral Reward program ended last March 4 and when it ended, the trading of CPRX on Abra became offline and under maintenance so I wasn't able to trade the $40 reward I got for creating my account. So I just let my rewards sit there as I wait for my other rewards to be credited to my wallet.
Before, it would only take 1 week of waiting for the rewards to show as pending in our wallets and another 5-7 days of waiting until it gets credited. However, when the program ended, those who deposited from February 27 to March 4 took more than a month of waiting until they got their pending rewards. I even thought before that Abra won't give the rewards anymore since it's been taking so long but I was wrong.
Then last April 12, I got a notification that Abra paid me my referral rewards already so I immediately opened the app if it was actually credited. And I wasn't disappointed when I checked it because it was showing in my balance.
I was able to accumulate a total of 9,427 CPRX (which is supposed to be worth $365) for downloading the app, funding it with $15, and holding it for 7 days where I earned a total of $40 CPRX rewards for it, and the rest came from my Referral rewards I got for my invites.
In less than a week of inviting people to create an account in the wallet, I was able to invite a total of 32 referrals, where only 13 of them were completed, which made me earn an additional $25 for each completed invite for a total of $325. If only the referral reward program didn't end, I probably would have got to help the other 19 invites to finish the task.
Anyway, since I wanted to cash out my CPRX rewards already, I immediately downloaded the Bittrex Global trading app so that I could trade there my rewards. I paid 581 CPRX for the network fee, which is about 1,045 pesos or $20.12, and I just can't help but complain about how expensive the gas fee is, and it's not thanks to the Etherium network fee.
I only got to sell the 8,846 CPRX for $0.0344 each and I got $304 for selling them. Then I used the $302 USDT I got to buy almost 1 BCH (0.994 BCH) since it's easier to withdraw it and the transaction fee is way cheaper.
And after buying the Bitcoin Cash, I immediately withdrew it and sent it to my Bitcoin.com wallet as I'm planning to send it to my 2022 BCH wallet for a long-term hold. It's not a whole BCH yet so I'll probably just add some BCH from my noise or read earnings to make it 1 BCH.
So from a total of $365 CPRX Rewards, I only got to take home $300 because of the expensive network fee and the price of CPRX is dumping as well.
I know I'll probably look back on this day when I sold my CPRX rewards at such a cheap price, especially when the price starts to recover already, but since I trust Bitcoin Cash more, I'll just hold onto it so that I won't regret anything later.
Perhaps, this is now the end of my Abra journey but I hope there will be another program in the future where we could earn such rewards again. Until then, thank you so much, Abra, for the reward!
Really good