PipFarm Launches XP Redemption: Up to 50% Discount on New Accounts
PipFarm Launches XP Redemption: Up to 50% Discount on New Accounts
PipFarm has officially launched its XP redemption system, allowing traders to convert accumulated experience points into direct discounts for new accounts. This feature applies to all XP earned through challenges, payouts, quests, and promotions since the firm's inception.
Mechanics and Currency Rates
Traders can now select their preferred currency (USD, EUR, or GBP) during the checkout process. The redemption rates are set as follows:
- $2.50 USD per XP
- €2.00 EUR per XP
- £1.75 GBP per XP
The discount can cover up to 50% of the total cost, including the account price and any selected add-ons.
Stacking Discounts
The system allows for stacking multiple types of discounts in a specific sequence:
- Gift vouchers: Applied first to the base price.
- XP redemption: Applied to the remaining balance.
- Percentage discount codes: Applied as the final layer.
Current promotional codes such as PROFIT30, CHALLENGE40, and INSTANT50 are compatible with XP redemption. However, one-off special event codes are excluded from this stacking capability.
Impact on Trader Rank
It is important to note that a trader's rank is determined by their current XP balance, not the lifetime total. Redeeming XP reduces the balance and may result in a rank demotion, potentially leading to the loss of specific perks associated with higher tiers.
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