Circle is launching a rewards program to acquire new customers

Circle, the crypto finance company, just announced the launch of its rewards program for new Circle Invest users. Circle Invest is a mobile cryptoasset exchange designed for novice crypto traders and currently supports a dozen cryptoassets including: bitcoin, EOS, monero, and ZRX. The rewards program will give new Circle Invest traders one of the assets listed on Circle Invest’s for free. According to Circle, its new rewards program will help “level the playing field and lower the barrier to entry in crypto.” The odds of winning are as follows:

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  • 75.00% chance of the prize having a US dollar value of between $0.20-$5.
  • 21.50% chance of the prize having a US Dollar value of between $5-100.
  • 3.50% chance of the prize having a US Dollar value of between $100-$6,500.
  • At least one person will win 1 bitcoin.

(Source: Circle)

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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