On March 8, the London-based Voltaire Exchange announced a new incentive for registered traders to offer the opportunity to earn BCH on every trade executed on the platform. According to Voltaire, who supports all of his exchange pairs in BCH, users earn 0.2 percent of every trade and are paid in Bitcoin cash.
Also read: Voltaire.cash Exchange is started – BCH is supported as base pair
Voltaire now offers a cashback incentive for every trade
BCH-driven Stock Exchange Voltaire has announced a new reward for traders. Voltaire is a cryptocurrency trading platform that supports all market names in BCH, which was launched in September 2018. The stock market currently offers two markets – BTC / BCH and BSV / BCH – but in the near future the platform will implement ETH / BCH and LTC / BCH. Now, Voltaire has added a program called Cashback, which gives users 0.2 percent on every trade they make. The collected BCH rewards are sent to the user's wallet. The Cashback promotion is enabled by default for all pairs offered by Voltaire.
"0.2% of the value of each manufacturer's order placed on Voltaire is credited directly to the user's wallet in the expired currency," the announcement said. "In practice, this means that if a user wishes to place an order to buy BTC, they will receive back 0.2% of the value of their order in Bitcoin cash. On the total income of each user can be accessed through the Wallet section of the profile. "
The exchange also led Voltaire to further expand his team and plan more ambitious projects. According to Voltaire, the startup expects an investment in Q2 that will support the platform's goals. "Several institutional and strategic investors have expressed interest in funding Voltaire's growth," said the exchange. Voltaire received early funding from incubator Think, Try it, Do, sponsored by the University of Exeter.
Voltaire CEO: "BCH offers a stronger scaling solution"
21-year-old Semyon Germanovich is a big fan of the BCH ecosystem and believes that the cashback program is a great incentive during the crypto winter. "In a bear market, the best you can do is to move your head down to create value, promote acceptance, and create value," said Voltaire's founder, Germanovich. "The release of Voltaire Cashback is an exciting and innovative event in the Bitcoin Cash ecosystem – Bitcoin Cash offers the technically stronger solution for scaling."
High transaction fees and extremely slow processing times such as 2017 are unacceptable and have catastrophic consequences on the payment and trading experience. We chose Bitcoin Cash because we believe that this is the most efficient and fastest payment and trading technology.
There are not many exchanges that offer pure BCH markets like Voltaire. Therefore, BCH enthusiasts visit the platform since launch. Currently, the trading platforms Panda Exchange and Coinex also offer part of the BCH markets, but also segmented BTC and ETH markets. With 0.2 percent BCH rewards for every manufacturer order placed on Voltaire, the incentive can encourage more traders to visit the stock market. "As part of Voltaire's transparency level, a calculator was developed that allows users to calculate the potential Bitcoin revenue from the sale of Voltaire," the stock market closed.
What do you think about Voltaire's Cashback Incentive Program for Traders with BCH? Please tell us what you think about this topic in the comments below.
Picture credits: Shutterstock, Voltaire and Pixabay.
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The post-trading platform Voltaire rewards users with BCH for Every Trade for the first time in Bitcoin News.