If you're looking for a smart way to get more out of your money, here's a little insider tip: locking XTP tokens in the Tap app could be a game-changer. It’s a quick, no-fuss move that unlocks premium features, slashes your fees, and gives you access to exclusive perks (just for being a savvy user). We’re all about helping make your money work harder for you, without jumping through hoops.
Let’s talk about it: the power of premium tiers
Locking your XTP isn’t just about holding onto digital assets, it’s your key to real, everyday savings. Essentially, the more XTP you lock, the more perks you unlock. It really is just a straightforward tiered system that rewards you.
Real-world savings: where you'll see the difference
Lower trading fees
Every transaction costs less when you lock XTP for a premium account, creating significant savings for active traders. The higher your tier, the more you save on each trade, keeping more profits in your wallet where they belong.
Example: A trader making €10,000 in monthly transactions could save hundreds in fees annually by moving from Essential to Plus tier, and thousands by reaching Premier or higher tiers.
Cashback rewards that add up
Getting up to 8% Cashback on your purchases isn’t just a nice-to-have - it’s like getting a discount every time you spend. No extra steps, just more value back in your pocket.
- Coffee runs: Daily €5 coffee becomes €4.60 with the Prestige tier (8% back)
- Weekly groceries: €200 shopping trip returns €16 with Platinum tier (6% back)
- Major purchases: €1,000 electronics purchase gives you €40 back with Premier tier (4% back)
Even at the Plus tier (€300 XTP locked), your 1.5% Cashback quickly adds up, especially for regular spenders.
Fee-free ATM withdrawals
Premium tiers include greater ATM withdrawal limits, saving you those pesky fees that add up quickly:
- Prestige: Unlimited free withdrawals
- Platinum: €1,000 free monthly withdrawals
- Other Premium Tiers: free monthly withdrawals up to €500.
This benefit alone can save hundreds annually for frequent travellers or cash users.
Foreign exchange rate advantages
As a premium member, you get access to exclusive exchange rates when you're travelling or shopping internationally. The higher your tier, the better the rates, meaning you can save big on every global purchase you make.
Maximising your XTP strategy
Step 1: Calculate your spending patterns
Analyse your monthly expenses across categories like everyday purchases, trading activity, and ATM usage to determine which tier offers you the best return on your locked XTP.
Step 2: Consider your lock-up timeline
The beauty of XTP locking is flexibility - you're not permanently parting with your assets but rather unlocking access to a full suite of premium features while still maintaining full control.. Note that the lock-in time frame is one year.
Step 3: Start your journey
Begin with a tier that matches your comfort level and upgrade as you experience the benefits firsthand:
- Download the Tap app and verify your account
- Buy your desired amount of XTP
- Select Upgrade from the bottom menu on the home screen
- Choose your desired plan and follow the instructions.
Additional premium perks
Your locked XTP doesn't just save you money, it elevates your entire financial experience:
- Priority support: Direct access to premium fast track assistance when you need it
- Higher spending limits: Up to €30,000 monthly card spending limits for Prestige members
- Exclusive market insights: Premium crypto market newsletters and insights
- Multi-currency capabilities: Seamless management of various currencies
The bottom line
Whether you're a casual user or power trader, there's a premium tier designed to put more money back in your pocket through reduced fees, enhanced Cashback, and exclusive benefits that add real value to your financial journey.
For those willing to stake their claim in the premium territory, the rewards are clear: reduced fees, elevated features, and an experience built for those who demand more from their money.
This article is for general information purposes only and is not intended to constitute legal, financial or other professional advice or a recommendation of any kind whatsoever and should not be relied upon or treated as a substitute for specific advice relevant to particular circumstances. We make no warranties, representations or undertakings about any of the content of this article (including, without limitation, as to the quality, accuracy, completeness or fitness for any particular purpose of such content), or any content of any other material referred to or accessed by hyperlinks through this article. We make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up-to-date.
