Buy crypto: How do I get cashback on my XLM purchase?

Modified on Fri, 26 Apr 2024 at 03:07 PM

With LOBSTR, you can buy XLM via MoonPay or Stripe and get cashback in AQUA token if you hold AQUA or ICE tokens in your Stellar wallet balance.


AQUA token is the currency for rewards and on-chain voting in Aquarius. AQUA holders can vote for market pairs that need more liquidity and select trusted assets. 


ICE tokens let AQUA holders increase yield earned through AMM & SDEX rewards and boost their voting flexibility & power throughout Aquarius. Learn more about ICE.



General

Everyone who uses LOBSTR can purchase XLM and other cryptocurrencies through our partnership with MoonPay or Stripe.


If you buy Stellar Lumens (XLM), you may be eligible to get 50% or 100% of your service fees for this purchase back in AQUA token. 


This offer is available for AQUA and ICE token holders who are using the LOBSTR website or mobile app version 9.1.0 or higher. 


We'll send the cashback to your wallet when we confirm your purchase with MoonPay and Stripe.


If you have an account with LOBSTR, use the 'Buy Crypto' option on the LOBSTR mobile apps or follow this link to the LOBSTR web to top up your wallet balance.


Note: You don't need to sign up for an account with LOBSTR to get cashback on your XLM purchase. If you don't have an account, you can always purchase XLM at our external 'Buy Crypto' page



Cashback eligibility criteria

  • Cashback on fees is only available for XLM (Stellar Lumens) purchases at this time.
  • Both standard Stellar wallet balance and liquidity pool balances are counted towards your total balance in AQUA and ICE tokens.  
  • If you have 500,000 or more AQUA on your total balance, you are eligible to receive 50% of your service fees back in AQUA token. 
  • If you have 5,000,000 or more ICE on your total balance, you are eligible to receive 100% of your service fees back in AQUA token. 
  • Balance thresholds you should reach in AQUA and ICE are independent. This means that you do not need to have 500,000 AQUA on your balance to receive 100% cashback if you already have 5,000,000 ICE tokens on your balance.
  • Stellar wallet you are using for the purchase must have a trustline to AQUA token to receive your cashback payment. 
  • LOBSTR reserves the right to change, suspend, or deactivate the cashback service without notice. 




How do I get AQUA?

AQUA token is openly available to trade and purchase on Stellar DEX.

You can use the 'Trade' option in the LOBSTR app or website if you are looking to purchase at your own price.

Use the 'Swap' option to quickly purchase AQUA at the market rate.


Learn more about locking AQUA to receive ICE for increased cashback

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article