Cryptocurrency exchange platform Bitzlato is now offering its users upto 30% cashback for its users that transact any amount via Lemonade.Finance.
“For seven days, users who use Lemonade Finance as a payment method on BZ to transact any amount will automatically qualify for a 30% cashback capped at $50 per transaction from Lemonade.Finance and BZ. This will only be redeemable once per day.” Bitzlato said in an announcement on Tuesday.
What does this mean?
According to the announcement, those who transact any amount via Lemonade.Finance on the Bitzlato p2p platform will qualify for 30% cashback of the traded amount. The cashback cannot exceed $50 and will only last for seven days.
- If you trade $10 you qualify for $3 as cashback per day
- If you trade $50 you qualify for $15 cashback per day.
- If you trade $100 and above you will qualify for $15 Cashback per day.
The first-of-its-kind service cashback program follows a recent partnership whereby Bitzlato (BZ), the latest P2P Crypto Exchanger to enter the African market, added Lemonade Finance, as a payment method to its platform.
The partnership will enable users on the Bitzlato platform to buy and sell bitcoins and other cryptocurrencies on the marketplace at zero cost.
According to the 2020 Chainalysis 2020 Geography of Cryptocurrency Report, Kenya is ranked number 5 in global crypto-trading activity.
Lemonade Finance provides 100% digital payment experiences for Africans to seamlessly send money to Kenya, Nigeria, Ghana, the UK, and Europe.