SimpleSwap Loyalty Update: Cashback in USDT and New Loyalty Levels
Key Insights
- All cashback rewards and bonuses will now be paid in USDT for a more stable asset.
- Choose your preferred USDT network for payouts, including TRX and BSC.
- BTC cashback balances will be automatically converted to USDT based on a fair average exchange rate over the past two months.
We’re thrilled to announce a significant update to the SimpleSwap Loyalty Program!
Starting mid-October, we’re making a transition that will improve your experience with our platform — all cashback rewards, bonuses, and loyalty system calculations will be converted to USDT.
SimpleSwap Loyalty Program Updates
Here’s what you can expect from the update:
- Cashback & Invite Bonuses in USDT
We know how important it is to have stability in your rewards. With this update, all cashback and Invite System bonuses will now be paid in USDT. This means you’ll benefit from a more reliable and less volatile asset.
- Flexible Payout Options
To make things even more convenient, we’re adding the option to choose your preferred network for USDT payouts. You’ll be able to select from TRX or BSC networks, ensuring quick and cost-effective withdrawals.
- Lower Loyalty Tier Requirements
We’re introducing new loyalty levels with reduced thresholds that are fixed in USDT. This change makes it easier to reach higher cashback levels, giving you more chances to maximize your rewards.
- Lower Withdrawal Minimums
The minimum amount for cashback withdrawals will also be adjusted. With the new USDT-based system, you can withdraw your rewards more frequently thanks to lower minimum limits.
Important Note: BTC Cashback Transition
Before the transition takes place, you will still be able to withdraw your cashback in BTC. After the update, all BTC cashback balances will be automatically converted to USDT based on the average exchange rate over the past two months.
This conversion ensures a fair transition, and you won’t need to take any additional steps — everything will be handled for you.
Please note that the current minimum cashback withdrawal amount is set at 0.006 BTC. This value is updated regularly and will be shown in USDT after the transition.
What’s Next?
Once the update is live, you’ll see a notification in your account, and we’ll send out another reminder to keep you informed. We believe these changes will enhance your SimpleSwap experience, making it easier and more rewarding to be a part of our loyalty program.
Stay tuned for more updates, and thank you for choosing SimpleSwap!
Enjoy the benefits of our new USDT loyalty system starting this October!
The information in this article is not a piece of financial advice or any other advice of any kind. The reader should be aware of the risks involved in trading cryptocurrencies and make their own informed decisions. SimpleSwap is not responsible for any losses incurred due to such risks. For details, please see our Terms of Service.
