Circle Invest Launches a Crypto Rewards App Program in a Bid to Attract New Bitcoin Customers
In a Bid to Attract New Customers, Circle Invest Launches a Crypto Rewards Program
As per a fresh new blog post on the official Circle Invest website, the firm has just announced the launch of its ’new rewards program’ that aims to attract more investors to the company’s native investment platform.
— Circle Invest (@circleinvest) November 12, 2018
According to the blog entry, the program is set to run till the end of the year. It will allow new Circle Invest users to receive rewards via one of the many altcoins supported by the app including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Zcash, Monero, Stellar, 0x, EOS and BAT.
A Closer Look at the Matter
In regards to this move, a representative for Circle said that with the release of this rewards program, the company is looking to break down many of the barriers that exist today within the world of crypto investments.
Also worth mentioning is the fact that this latest release by Circle is nothing new, since earlier this month, eToro and BTC.com too launched their respective initiatives to attract new customers by offering them with free digital tokens.
What is an Airdrop?
For those who may not know, the concept of an Airdrop basically entails the giving away of free crypto coins (typically by a newly established project) so as to further a company’s market presence and overall financial reach. Not only that, during the initial stages of an ICO when regulatory scrutiny is at its peak, Airdrops can be used as a safe means of circumventing a host of governmental restrictions.
Circle Invest, as the name suggests, is a crypto investment platform that was released for public use earlier this year in March. The goal of this app is to provide users with an easy way to get into cryptocurrency buying/selling.
Following its release, the app has undergone several overhauls, with several new features having been added to the platform over the past 6 months. These include: