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KuCoin Rolls Out USD1 Points Program to Drive Stablecoin Engagement


KuCoin Rolls Out USD1 Points Program to Drive Stablecoin Engagement

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  • KuCoin introduces the USD1 Points Program to reward USD1 adoption
  • Users can earn points through trading, holding, staking, and GemPool
  • USD1 is a fiat-backed stablecoin, audited and verified on-chain

Global crypto exchange KuCoin has introduced the USD1 Points Program, an initiative that  gives exclusive benefits to users for interacting with USD1, a fiat-backed stablecoin issued by World Liberty Financial (WLFI). 

The program offers redeemable points for completing specific activities such as trading, holding, staking, and participating in GemPool.

How Does the KuCoin USD1 Points Program Work?

The program allows KuCoin users with a clear path to earning redeemable points. Traders can earn points by buying USD1 against both stablecoin and non-stablecoin pairs, with limit maker orders earning double points. 

Related: World Liberty Financial’s USD1 Stablecoin Reaches a $2.2 Billion Market Cap in Under 90 Days

Users can also earn daily points simply by holding at least 1,000 USD1 in their account or by staking it through KuCoin’s GemPool or Earn programs.

Notably, KuCoin confirmed that points are updated daily at 00:00 UTC and credited on a T+1 b…

The post KuCoin Rolls Out USD1 Points Program to Drive Stablecoin Engagement appeared first on Coin Edition.

Read the article at CoinEdition

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