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  • GENERAL
    • About Criptan
    • Get started
      • Introduction
      • 1. Activate your account
      • 2. Add funds to your balance
      • 3. Start interacting with the API
    • API
      • Introduction
      • Authentication
        • Auth Transactions and Earn
          • API Reference
        • Auth Business (Criptan Pay)
      • Real-Time API (WebSockets)
        • OHLCV
        • TICKERS
      • Webhooks
        • Transactions and Earn Webhooks
        • Business Webhooks
      • API reference
      • Changelog
    • Developer tools
      • Sandbox
      • Support
      • Feedback
    • Security
  • Transactions
    • General
      • Overview
      • Available exchange
      • Geographic availability
      • Use cases
        • Buy
          • UX example
        • Sell
          • UX example
        • Send crypto
          • UX example
        • Receive crypto
          • UX example
        • Recurring purchases
          • UX example
        • Check history
      • FAQ
    • API Reference
      • Trades
      • Withdrawals
      • Information
  • Earn
    • General
      • Overview
      • Geographic availability
      • Use cases
        • 3, 6, 12 months
          • Make a deposit
            • UX example
          • Set up auto-renew a deposit automatically
            • UX example
        • Flex
          • Make a deposit
            • UX example
          • Make a withdrawal
            • UX example
          • Cancel a withdrawal
            • UX example
          • Set up reinvest or not rewards
            • UX example
        • Flex and 3, 6, 12 months
          • Receiving Rewards
      • FAQ
    • API Reference
  • Business (Criptan Pay)
    • General
      • Business (Criptan Pay)
      • Onboarding
      • Payment Button
      • Charges
      • FAQ
    • API Reference
      • Charge
      • Generate charge receipt
      • Get payment
    • Types CPay definitions
      • BusinessAccount
      • BusinessCharge
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On this page
  • Understanding the Process
  • Tax Handling Simplified with Criptan
  1. Earn
  2. General
  3. Use cases
  4. Flex and 3, 6, 12 months

Receiving Rewards

Here you can find in detail how the delivery of rewards works

Understanding the Process

Here's how it works:

  1. Weekly Reward Distribution: Rewards are distributed every Friday, providing a regular and consistent schedule for users to anticipate their earnings.

  2. Activation of Deposits: The first reward becomes available one week after the deposit is activated. An "activated deposit" is one that has been initiated, and regardless of the day it's made, it starts generating profitability from the following Friday onward. This ensures that users can swiftly begin earning returns on their investments.

Tax Handling Simplified with Criptan

Depending on the document you used to open your bank account, Criptan streamlines the tax handling process for your operations:

  1. Using a Spanish Document: If you utilized a Spanish document to open your bank account, Criptan will automatically remit the taxes withheld from your operations directly to the treasury. This seamless process ensures compliance with tax regulations.

  2. Non-Spanish Document Usage: In cases where a non-Spanish document was used, Criptan will deposit the withheld taxes back into your Criptan account. This occurs on a quarterly basis, specifically at the end of the months of April, July, October, and January.

Criptan simplifies tax management, providing a hassle-free experience for users while ensuring compliance with tax obligations.

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Last updated 1 year ago