Crypto traders from the UK and across the world now have another huge reason to keep trading on Voltaire. The London-based digital assets exchange is celebrating all registered traders by awarding them free BCH.
The arrangement dubbed Voltaire CashBack program, according to Voltaire, rewards every trader 0.2% of the amount traded, in Bitcoin Cash. The free BCH is then wired directly to the trader’s exchange wallet.
About Voltaire and the Rewards Program
Voltaire, a Bitcoin Cash-fueled trading platform, was officially launched in September 2018, but has tremendously grown to be among the most promising exchanges. One key factor that distinguishes this platform is that it centers all of its coins in BCH. It offers BTC/BCH and BSV/BCH, though it may soon add a few more, most notably ETH and LTC.
Getting an exchange that works the same way as Voltaire, and purely offers BCH markets is not easy. And with the platform’s newly introduced Cashback program, its users now have a reason to maintain their loyalty.
This exchange, however, claims that never before has such a hearty gesture been witnessed before. According to them, their explicit fee structure that transfers all the trading costs to the trader is the first in the entire crypto industry.
The 0.2% free Bitcoin Cash for each transaction is sure to entice more to choose Voltaire instead of Panda Exchange and Coinex. The platform even has a calculator on the platform, a feature that allows customers to calculate their rightful BCH earnings.
But why BCH for this Cashback rewards program
The industry has, for a while, had to settle for huge transaction fees and embarrassingly slow pace of completing transactions. The trend, however, comes to a stop in 2017 when many had gotten tired with the poor, time-consuming trading experience.
It’s around the same time when Bitcoin Cash was finally founded. The technology behind the development of BCH makes it highly scalable and enables speedy completion of transactions.
Voltaire is a BCH-backed exchange and that’s distinctively evidenced by the coin pairs. But the main reason for issuing free BCH for each transaction executed on the exchange is that Bitcoin Cash, according to them, is “the most efficient” choice.
The founder is excited by the prospects that lie further ahead
Voltaire appears determined to take over the industry. This exchange has a host of ambitious projects, most of whom expected to boost achievement of the platform’s objectives. In fact, according to insider reports, many investors are eager to pump their funds on this startup and be part of its growth.
The exchange’s founder, Semyon Germanovich, also defended the use of BCH, saying that this cryptocurrency is the fastest technology for trading and payments. He, however, expects the upcoming integration to the Badger Wallet to allow swift, zero confirmation capability and enhance the platform’s UX features.
The 21-year-old fanatic of the BCH platform is confident that Voltaire’s Cashback program’s arrival at a moment that has been christened “the crypto winter” is a great move. To him, the current “bear market” situation is good for savvy traders to calm down, create utility and continue adopting the coins.