Ethos has announced that holders of its Ethos Token trading on the commission-Free platform, Voyager can earn Cashback rewards. The company is employing the classical promotional strategy to incite its users to enhance their trading activities in the Voyager Platform.

Strategic Partnership

The promotion is in line with the companies’ recent strategic partnership. Through the partnership, Voyager users enjoyed ethos self-custody wallet solution while on the other hand; Voyager made it accessible its crypto to fiat currency exchange functionality to holders of Ethos universal wallet.

The companies’ officials hinted to the possibility of more products and services being unveiled under the partnership. Nonetheless, the teams are currently focusing their efforts on integrating Voyager’s crypto exchange services with Ethos Universal wallet offering.

About the Reward

As aforementioned, ETHOS will gift its users for holding the Ethos Token and trading in the Voyager platform. The reward margin would be based on the number of ETHOS tokens held in ones wallet and the magnitude of trading one performs within the platform.

The company released a rate card detailing the criterion that will be used to gift participants. Based on the guidelines, an Ethos user with a stash of 100,000 coins for example, trading to a tune of approximately $100,000 a month can earn up to 0.1% of the total number of coins held.

Voyager- the exchange operator that launched a few months ago is focused on creating an easy to use platform with multiple offerings in order to compete against industry giants like Robinhood. The client-focused platform plans to link to several other exchanges and market makers to ensure that its customers have access to the best prices possible for their assets on a single platform.

Voyager is competing against notably established exchanges like Robinhood, Binance and Coinbase pro all build on the free or no commission trading. Robinhood particularly charges zero trading fees, however, the platform profits from interest rates generated from stored assets. Binance and Coinbase Pro on the other hand charge as little as 0.1 and 0.015 percent trading fees respectively.

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