Many people are looking for ways to profit from cryptocurrencies. Cryptocurrencies have been gaining popularity. While trading and hodling are the most popular ways to make money, passive income can be earned by staking and cashback when you purchase items online.
Banks and card companies have used online shopping cashback rewards for years to encourage customers to use their services. However, cryptocurrency platforms like StormX offer similar opportunities via the Shop-to Earn model. Anyone can earn cryptocurrency without having to buy them.
StormX, a decentralized Ethereum-based platform, is pushing the Shop to Earn model. This allows users to earn crypto rewards by purchasing goods, flights, hotels and other products at partner stores such as Nike, Foot Locker and Samsung.
By offering cryptocurrency cashback to everyday customers, the platform aims to increase adoption of crypto currencies. You can accumulate and earn crypto in popular cryptocurrencies such as ETH, DAI and StormX’s native token STMX.
StormX is a Chrome browser extension as well as a mobile app. StormX works in the background seamlessly and earns cashback rewards when the user shops on desktop. StormX has also received over 4M mobile downloads for Android and iOS. StormX has so far paid out more than $5M in crypto.
What is the Work of it?
StormX users can earn as much as 0.5% to over 85% in crypto rewards by using the Crypto Cashback app and Chrome extension when they shop online. You can use it for free and earn Crypto Cashback at the base rewards percent.
There are many factors that influence the percentage of rewards in crypto, such as user membership levels. The number of STMX tokens that users have in their wallets determines the membership level.
There are six membership levels, with Purple the highest. StormX users automatically move up to the Purple Tier after they connect their mobile wallets to the app. Users do not need to have STMX tokens in order to reach this first tier. The basic principle is that the more STMX they have, the more they will earn.
STMX is an ERC-20 token which powers StormX’s activities. It has a cap of 10 billion units. It also acts as the platform’s governance token. This allows holders to vote for decisions that could affect the future of the project.
StormX Referral Program
StormX users now have the option to earn referrals in addition to their crypto cashback, membership bonuses and staking. Refer friends and family to receive 10% off their shopping and stake base rewards.
You can find out more about the referral program by clicking here.
Marla Brooks – Financial Analysis
My name is Marla Brooks, and I am the mainstream behind the”observednews.com” for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.