MDDODO Posted 1 hour ago Posted 1 hour ago Incentives are becoming a key strategy as exchanges compete for new traders. A current example is the launch of a 50% Cashback Event aimed at first time spot traders. The offer runs from September 30 to October 13, 2025, allowing eligible participants to earn up to 100 USDT back on their highest qualifying purchase, provided they maintain at least 50 USDT in assets by the end. Rewards are given as bonus vouchers, instantly usable to reduce costs or offset losses. The significance of this type of promotion lies in its ability to reduce the risk barrier for market entry. By rewarding initial trades, it encourages new participants to test strategies in a volatile environment where hesitation often keeps fresh liquidity sidelined. This approach doesn’t just add short term volume; it fosters early engagement, which can shape longer term trading behavior. The initiative comes from BingX, which has allocated a $50,000 prize pool to power the program. Whether such cashback incentives can truly translate into lasting adoption depends on how users respond after the bonus fades. In your view, can promotions like this influence sustained trading activity, or do fundamentals and token performance still dominate investor decisions?
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