Traders Need Be Rewarded

[Crypto Fella]

I was using some of the fintech apps for my mobile funds and transfers and purchases and then I saw that I was given some coupon cashbacks and you could accumulate it to make some service purchases and then I thought of it that if all the exchanges we use could be giving us some things like that in rewards, points for our trades, I believe we would see more government adoptions and allow crypto operations in several regions, can we get things like rewards in the form of what we use in daily life as we keep using several platforms for our activities like some spin and lucky draws or even an apple?

[Azharul]

I am also agree with your tropic. Because we know that a good trader almost every time get reward from cryptocurrency market. But sometimes we notice different matter in cryptocurrency market. We also saw that some expert traders will not get reward, because we know that crypto trading is very difficult for general people. So i believe that when we want to earn for reward, we must be experts in cryptocurrency world, So that we should reward for sometimes. 

[Themepen]

I think it is good idea to offer rewards on Fintech and crypto platforms. This can help more people start using digital currencies. Earning points or cashbacks for trades and transactions is great idea.

Just think if crypto exchanges gave rewards like:

Lower fees for frequent users
Early access to new tokens
Chances to win prizes
Points that can be used for everyday purchases

So this would make crypto easier to use and understand. Governments might become more supportive of digital currencies. With adding rewards and incentives we can bring traditional finance and crypto closer together. This can lead to new ideas and more people using digital currencies.

[libert19]

Don't use you use CEXes? They have promotions like that all times going on. Though, I'm personally not fan of spin the wheel kind of stuff but would rather like something concrete as in case of Binance recently with $DOGS listing where they were giving $20 worth $DOGS for free, just for making $DOGS deposit there.

Trading promotions are similarly going on all times as well. For example, just a few weeks ago: Binance futures trading carnival

[Bobcrypto]

I was using some of the fintech apps for my mobile funds and transfers and purchases and then I saw that I was given some coupon cashbacks and you could accumulate it to make some service purchases and then I thought of it that if all the exchanges we use could be giving us some things like that in rewards, points for our trades, I believe we would see more government adoptions and allow crypto operations in several regions, can we get things like rewards in the form of what we use in daily life as we keep using several platforms for our activities like some spin and lucky draws or even an apple?

Friend! if you are a trader, using the following exchanges like Binance, Bybit, Gate, there are incentives or reward vouchers in cashback for certain coin/tokens volumes that are traded on a single trade or traded within a given period to earn rewards.
Besides, there are other rewards for traders who are also trading regularly on these exchanges. In addition, many of these exchanges organizes trading/deposit competitions where participants are rewarded on different categories of traded volumes plus participating bonuses.

You have to know that rewards earnings through trading on the exchanges may not attract government or make them adopt crypto; remember that government has fiats they control, it is difficult to control crypto platform because they are meant to be decentralized, but government like Centralized system.

[|MINER|]

I agree with your words. Rewards should be arranged for the traders. This will encourage the traders. Also, those who are doing well in trading should be rewarded.  Then by seeing them, beginners will develop themselves as better traders. Every success should be rewarded.  Traders should also be rewarded to increase their motivation. This will increase the speed of work. Reward should be arranged in proportion to success.

[TomPluz]

I thought of it that if all the exchanges we use could be giving us some things like that in rewards, points for our trades, I believe we would see more government adoptions and allow crypto operations in several regions...

While I strongly believe that rewarding traders for their use of platforms can be encouraging more and more crypto adoption from many people, I don't see if this idea can directly encourage more adoption and acceptance from the government. Now, in this case, I think many crypto exchanges are already doing this thing...you just look which one is giving more rewards based on your activities in their apps or sites. Giving rewards is just like giving loyalty points which can be exchanged for services or even some coin one can then exchange for USDT or money. However with all of these things, I don't think we can be creating massive mainstream adoption for crypto...but this can helping traders. Understand that not all people who are in crypto are traders...many are just hodling.

[Faisal2202]

I was using some of the fintech apps for my mobile funds and transfers and purchases and then I saw that I was given some coupon cashbacks and you could accumulate it to make some service purchases and then I thought of it that if all the exchanges we use could be giving us some things like that in rewards, points for our trades, I believe we would see more government adoptions and allow crypto operations in several regions, can we get things like rewards in the form of what we use in daily life as we keep using several platforms for our activities like some spin and lucky draws or even an apple?

We will never see government-level adoption just because of the rewards and coupons that these crypto exchanges are already giving us (but it looks like you did not know about it). We can get rewards on the basis of our trading volume,, and on the basis of it we can also get coupons which can remove our trading fee or other types of fees. We can also participate in different trading contests and win some money.

Why traders are to be rewarded they are not forced or its not that they are not have any given any other option to make living they can do anything they chose crypto so its their headache now.

[Ujok]

I also agree with what you said, with this idea it might attract everyone's attention to use crypto. besides they get profit from their trading results and also get prizes from their trading awards.. it's very good again to reduce transaction costs for people who often make transactions so this can also attract people's attention to trade on the exchange.

[target]

Bittrex use to giveaway rewards when it was the most popular in crypto. They airpdrop popular coins too but I rarely see this one CEX these days. What they have are promotions where there usually condition before you get a reward.

Staking tokens in the exchange I guess gives you reward still.

[Findingnemo]

How does exchanges giving cashback or coupons has anything to do with the adoption by the government, it's between the service provider or the marketplace and the exchange is going to pay them with their revenue which isn't going to do anything to the government.

The only thing that help with the adoption is let them taxing us which is agains gonna be the burden on us.

[SamReomo]

I thought of it that if all the exchanges we use could be giving us some things like that in rewards, points for our trades

Most of the exchanges give rewards to traders and they launch different rewarding programs and contents time after time.

I've personally availed many such rewards on Bingx for my trading and those were pretty good. I must say that you'll only get rewards if you do high volume trading.

[sampoerna]

There are currently many exchange platforms and they compete with each other to get and retain more users. Actually, this kind of rewards are needed, at least to attract more users. And, isn't this already available in various exchanges? It's just that the form of rewards may be different.

Even the rewards given to its users are usually varied, it may also be in a certain period when we can claim vouchers, or get transaction fee discounts, or can get other rewards coins, and various other rewards programs for users. That's why if we use a platform, usually we will be given information either via email, telegram channel or in the application's news feature, usually there is an announcement, yes, we just have to be diligent in exploring the information.

[yhiaali3]

I don't understand what is the connection between rewards and trading points and more governments adopting and allowing crypto in many regions as you say? This is completely unrelated.

Rewards can encourage users to use exchanges and do more activity and trading to earn more points and rewards but I don't see how these rewards will make governments adopt? This is a strange and completely illogical idea.

[luckyledger]

I don't understand what is the connection between rewards and trading points and more governments adopting and allowing crypto in many regions as you say? This is completely unrelated.

Rewards can encourage users to use exchanges and do more activity and trading to earn more points and rewards but I don't see how these rewards will make governments adopt? This is a strange and completely illogical idea.

Yeah, it doesn't sound good Rewards are for the people using the app/exchanges, and it won't make them mass-adopted, per se. Of course, some people may try the app/exchange just because they give out X for free, but they should be at least somewhat experienced with crypto, its concepts, and exchanges in general to utilize it.