The QTUM cryptocurrency was officially listed for trading on the CHBTC exchange platform on August 8, 2017. This listing marked an important expansion for the exchange, bringing the total number of supported digital assets to eight.
CHBTC has built a reputation for offering a secure and compliant environment for trading digital currencies. Founded in June 2013, the platform initially supported Bitcoin and Litecoin trading. By 2016, it had expanded to include Ethereum (ETH) and Ethereum Classic (ETC). The year 2017 saw further growth with the addition of BitShares (BTS), EOS, Bitcoin Cash (BCC), and finally, QTUM.
Over these years, CHBTC has grown alongside its user community, navigating various market cycles together. From Bitcoin’s volatility to Ethereum’s rapid expansion, the platform has remained committed to its users. This ongoing support has helped build a loyal user base and a trusted trading ecosystem.
To show appreciation for this community, CHBTC launched a promotional campaign giving away 250,000 QTUM tokens. This initiative included several engaging activities designed to reward both new and existing users.
Promotional Activities and User Rewards
Activity 1: Loyalty Reward for Registered Users
All users who had registered and achieved VIP Levels 1 through 9 before August 2017 received between 1 and 3 QTUM tokens as a thank-you gift.
Activity 2: Deposit-Based QTUM Distribution
Between August 8 at 10:00 and August 11 at 12:00, the top 50 users who deposited QTUM into their CHBTC accounts shared a prize pool of 2,000 QTUM.
Activity 3: 50% Discount on Trading Fees
From August 8 at 14:30 until August 11 at 12:00, users enjoyed a 50% reduction on QTUM trading fees, effectively lowering the fee rate to 0.05%.
Activity 4: Super Prize Event
A special event was held between August 14 and August 18, offering participants additional opportunities to win QTUM.
Activity 5: Referral Program
Users could earn a 20% commission on the trading fees of any new users they referred to the CHBTC platform.
These activities were designed to encourage participation and reward the community’s ongoing support. Users were directed to the official website or mobile app for full terms and conditions.
The Broader Impact of Exchange Incentives
Promotional campaigns like these play a significant role in the digital asset ecosystem. They attract new users, incentivize trading, and enhance platform liquidity. For projects like QTUM, being listed on a reputable exchange can increase visibility and adoption.
Users often look for platforms that offer both security and attractive opportunities to grow their holdings. Airdrops, fee discounts, and referral programs are common strategies exchanges use to retain and expand their user base.
It’s essential, however, for participants to understand the terms associated with such promotions. Being aware of deposit deadlines, eligibility criteria, and trading requirements ensures a smooth and rewarding experience.
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Frequently Asked Questions
What is QTUM?
QTUM is a blockchain platform that combines elements of Bitcoin and Ethereum technologies. It aims to facilitate smart contracts and decentralized applications while maintaining a strong focus on security and stability.
How do exchange promotional activities benefit users?
These activities can reduce trading costs, provide opportunities to earn free tokens, and enhance overall engagement with the platform. They are especially useful for newcomers looking to explore digital assets with lower risk.
What should users consider before participating in such campaigns?
Users should review the official rules, confirm eligibility requirements, and ensure they understand timelines and conditions. It’s also wise to use secure and compliant platforms for all transactions.
Can international users participate in similar events?
This depends on the exchange’s operational policies. While some platforms serve global users, others may restrict access based on geographic regulations. Always check the terms of service.
How does a referral program work?
Referral programs typically reward users for bringing new customers to the platform. Rewards may include a percentage of the referees’ trading fees or a fixed bonus for each successful sign-up.
Are there risks involved in joining airdrop or reward campaigns?
While legitimate campaigns are generally safe, users should be cautious of phishing sites or fake promotions. Always verify information through official channels and avoid sharing private keys or sensitive data.