What does it mean for a CPRX reward to be “Pending” in the Abra app?

The Abra Perx Program will be changing on May 31st, 2022. What changes are coming to the Abra Perx program?

A reward will appear in the rewards history as “Pending” once a user has completed all requirements to earn the reward, but has not yet received the CPRX reward in their wallet. Pending CPRX is not available for trading, withdrawal, or the calculation of 30-day rolling average balance for loyalty tiers.

Users who have joined Abra Perx program, may expect CPRX to be distributed within 5-7 business days.
Reward distribution may be delayed during times of unusual market volatility.

Abra Trade™ rewards will be distributed two times per week

Abra Earn™ rewards will be distributed one time per week 

Abra Borrow™ rewards will be distributed one time per month depending when the user took out their loan.

All CPRX reward payouts will appear as “Pending” until CPRX is listed on exchanges by the Crypto Banking Alliance. For non-USA users, we expect CPRX to be listed on November 22, 2021. USA users should expect CPRX to be listed in December, 2021.