Similar to how consumers can earn incentives with their credit cards such as cashback when they shop or a sign-up bonus when opening a new account, cryptocurrency platforms such as Crypto.com, Coinbase, and Mushe World offer investors perks for referrals, completing transactions, or taking quizzes on their platform. These incentives are a great way for crypto enthusiasts to increase their crypto holdings at no extra cost.
Receiving free cryptocurrency through reward programs
Coinbase allows its users to earn crypto by learning how cryptocurrency works. They offer educational tutorials on their platform to teach their users about the different digital currencies available on the market and how the system works.
After the user watches a video, they must complete a quiz to test their knowledge of the topic they just learned. After successfully completing the quizzes, the user will receive Graph (GRT) and Amp (AMP) tokens.
Crypto.com allows users to earn its native token Cronos (CRO) by staking CRO tokens in their DeFi Wallet. What is staking? It is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. This reward system is similar to earning interest in a traditional bank. Crypto.com rewards users for storing their tokens in their DeFi Wallet; you can choose the length of time you stake your tokens and see the amount of interest you will receive before committing.
Mushe (XMU) is offering a 5% referral bonus to XMU holders on the tokens purchased by each referral during their presale period, which is happening now.
The Mushe tokens became available on April 18th for purchase at the introductory pre-sale price of $0.005 per token exclusively at www.mushe.world. Since the start of the presale, increased demand has more than doubled the token price, seeing it jump to over $0.01356 per XMU token.
When it officially launches in July, the price is predicted to be around $0.05 per token. Mushe is also planning to reward its users with Mushe tokens for ethical behaviour and customer loyalty. The company has allocated 4% of all tokens to its community fund, which will issue rewards, and a further 1% of all Mushe tokens to charitable organizations and ESG initiatives.
The best strategy for optimizing the reward programs
Retailers and traditional banks offer consumers several incentives to gain or retain their business; however, their reward programs are usually lacklustre. They offer points or items that consumers do not always want or need. Coinbase, Crypto.com, and Mushe have injected some innovation into how they reward their customers. The customers’ tokens can be used for transactions on their platform or online shopping on decentralized networks.
Each of the exchange platforms has various ways to optimize its reward programs. For Crypto.com, crypto enthusiasts agree that the DeFi Wallet is where customers can get the highest returns for their CRO tokens. With Coinbase, the best strategy is to complete the available video tutorials. It’s a win-win situation for customers of the platform because they learn more about the blockchain network and gain tokens simultaneously.
For Mushe, the referral program is an excellent opportunity for their customers to boost their earnings while also building community by inviting their friends and family to purchase cryptocurrency. A bonus is that the Mushe community will have the opportunity to help decide which charities and causes will receive the 1% of Mushe tokens (7,770,000 to be exact) that the company has allocated for its philanthropic endeavours.
Learn more about Mushe (XMU)
Official Website: https://www.mushe.world/
Presale Registration: https://portal.mushe.world/sign-up
Telegram: https://t.me/MusheWorldXMU
Twitter: https://twitter.com/Mushe_World
Instagram: https://www.instagram.com/mushe_world/
