Press Release - December 6, 2018 1:00PM EST
SINGAPORE, December 6, 2018 (Newswire.com) - On the heels of a recent strategic partnership announcement between Voyager Digital Holdings Inc. and Ethos.io, Ethos is now unveiling plans to offer cashback rewards to ETHOS token holders that trade through the Voyager platform.
New Era of ETHOS Token Utility - Cashback Rewards
Ethos Universal Wallet will be integrating Voyager's trading technology, enabling seamless commission-free trading, with best-execution speed, liquidity and price across multiple exchanges directly from your wallet.
Using the Wallet, users will always maintain control over private keys and custody of coins. Wallet holders will soon be able to directly transfer the tokens they manage to Voyager for instant trading, and back to the Ethos Universal Wallet for easy storing, tracking and transacting.
In early 2019, Voyager will also be launching their commission-free cryptocurrency investing app. Voyager will give crypto traders the power to use their smart order router technology, which connects to multiple exchanges and liquidity providers, seeking the best execution on their crypto purchases and sales.
Through this powerful partnership and cross-platform integration, Ethos will be offering cashback rewards to ETHOS token holders that trade through the Voyager & Ethos platforms.
For more information, visit: www.ethos.io/token-utility
Note: Rates are subject to change.
The cashback feature in partnership with Voyager breaks new ground in bringing an innovative reward mechanism to consumers and token holders. Not only will the service be commission free, but users will have the opportunity to get paid to trade.Shingo Lavine, CEO of Ethos
Ethos Token Powered Cashback Rewards - How It Works:
Eligibility for cashback rewards will be determined by cross-referencing your Ethos Status, which is dictated by the number of ETHOS Tokens you hold in your Universal Wallet, with your monthly trade volume through Voyager.
Making trades through Voyager is completely commission-free, so you also get the benefit of not having to deal with fees on your trades. Cashback rewards will be available for both the Voyager fiat gateway and cryptocurrency trading platform.
The Cashback Equation
Ethos Token Holdings + Monthly Trade Volume = Your Cashback Rate
Simply put, the more tokens you hold, the more you trade, the more you earn!
Disclaimer: Cashback Rewards will not be eligible through the Simplex & ShapeShift Services coming soon to the Universal Wallet. Cashback will only be available utilizing Voyager for trades, on the Voyager Platform and through the trader router in Ethos Universal Wallet. Cashback rates and levels are subject to change.
"The cashback feature in partnership with Voyager breaks new ground in bringing an innovative reward mechanism to consumers and token holders. Not only will the service be commission free, but users will have the opportunity to get paid to trade."
- Ethos CEO, Shingo Lavine
Voyager Digital Holdings is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers investors best execution, data and custody services through its institutional-grade open architecture platform. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Voyager is based in New York and is registered with FinCen.
Ethos.io is a leading cryptocurrency wallet and Blockchain Financial Services (BFS) platform provider. Voyager will be building on Ethos Bedrock to provide users with a complete crypto brokerage solution through the Voyager app. For no fee, users will be able to withdraw the tokens they utilize in the Voyager app directly to the Ethos Universal Wallet for ease of storing, tracking and transacting.