Cryptocurrencies have taken the world by storm. A cryptocurrency article appears on social media every two seconds. Institutions are buying up digital assets even during the bear market, yet retail investors—the ones crypto is meant to financially literate—are still spooked. Overall, only 4.2 percent of the world population actually own these digital assets. That’s in large part because crypto exchange platforms lack simple, easy-to-use design and tools, which hinders new adopters who don’t have the resources to learn tech and financial literacy.
A month after its official launch, XBO.com, a cryptocurrency exchange making the benefits of crypto more accessible to everyone, has introduced its referral program, the most lucrative on the market.
As part of the launch, early registrants have the opportunity to achieve the Black Diamond tier: XBO covers 80% of trading fees for the first 3 months, then 60% for another 3 months. They then stabilize at 40% throughout the rest of the period. Pre-registered users are also immediately upgraded to the Gold status account, which grants them zero commissions on crypto deposits, exchange cashback, spot trading, crypto rewards, and more.
Commenting on the launch of its referral program, XBO.com CMO, Shimon Baron, said:
“XBO’s platform has arrived to empower every type of crypto user, no matter how new or old they are to the crypto world.”
“With the launch of our easy-to-use exchange platform, we are standing strongly behind our vision that crypto is for everyone. Crypto platforms can be both easy to use and highly rewarding, and we are here to prove that,” Shimon added.
XBO.com meets the need for a user-friendly and accessible crypto trading platform. Leveraging an intimate familiarity of crypto users’ pain points and a deep understanding of social gaming UX, XBO.com makes buying and selling digital assets simple and enjoyable for both amateur and experienced crypto users who find traditional crypto trading platforms intimidating.
XBO offers a loyalty program that guarantees benefits to users with each accumulation of points and transition between the stages. In the Diamond tier, for example, users obtain 10 times the value of crypto reward, compared with the Gold tier. The Diamond tier requires 650,000 experience points (XP).
The newly introduced referral program follows the earlier announced pre-launch loyalty program for early registrants which offered special rewards and account privileges.
XBO.com started trading on its exchange platform last month with a gaming-inspired UI to make buying and selling digital assets easier, just as it racked up licenses in Australia and Poland. Canada and Luxembourg are the next on the radar. Last month, the crypto exchange also formed a partnership with PayRetailers group to expand operations in Latin America.