Expanding its user base in the country, Bitxoxo introduces its maiden referral program. Making its existing users a part of its growth, Bitxoxo incentivizes them for adding new users/referrals to the portal. Under the program, every user will be given a unique referral ID, any new user signing in with Bitxoxo using this unique ID will be the referral of that user. Every time a referral user makes any transaction, the existing user will earn 0.1% commission on the total transaction amount.
Further elaborating on the trend of referrals in the virtual currency segment, Mr. Hesham Rehman-CO-Founder and CEO, Bitxoxo commented, “Word of mouth is perhaps the best and the most genuine form of marketing one can get without any investment. Therefore, this program has been designed to identify our happy customers and reward them for their support in our growth. Referral program is not a new concept and it has been adopted by many major exchanges. However, we realized that relatively, their commission rates are lower and earning is very limited. On the other hand, at Bitxoxo, we have no maximum limit of earning commission and therefore, we wish our users make the most of this program.”
Adding insights to the program; it is categorically designed for all users referring new users to Bitxoxo, minus the complexities of buyers and seller benefit. Likewise, adding to its user friendly features, the Bitcoin Exchange Company also recently announced the launch of its pre-paid gift cards. Users can buy the card for their friends and family, which is available in denominations of INR 1000, 5000, 10000 and 25000. These gift cards can either be availed directly from Bitxoxo’s website or through some e-commerce websites like shopclues and ebay.