Bithumb Offers Up to 1 Million Points in 11st's "Grand 11th" Partnership Event
Cryptocurrency exchange Bithumb is holding a partnership event offering up to 1 million points to mark 11st's biggest shopping festival of the year, "Grand 11th."
Bithumb said on November 5 that the event will run through November 11. Anyone who has spent at least 1 won on 11st can enter through the event page in the 11st app and receive a random coupon, regardless of whether they have agreed to the new partnership terms.
When users register the coupon code in the Bithumb app, they will receive a randomly selected amount ranging from 100 to 1 million points. The winning amount can be checked when the coupon is registered, and the points can be used on Bithumb like Korean won.
The existing partnership benefit of earning Bitcoin is also available. 11st members who agree to the Bithumb partnership for the first time will receive benefits worth 1,100 won, while existing Bithumb members who purchase products after agreeing to the partnership can earn Bitcoin worth 1% of their purchase amount.
Members signing up for Bithumb for the first time will receive rewards at a rate of 10%, 10 times the rate for existing members, up to a maximum of 50,000 won. Rewards earned based on the purchase amount can be checked two days after the purchase is confirmed. To receive them in Bitcoin, users can select "Convert" on the "Bitcoin Rewards" page in the 11st app.
The Bitcoin rewards are available to members who have completed Bithumb's customer identification (KYC) process and registered a KRW deposit and withdrawal account with KB Kookmin Bank.
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A Bithumb representative said, "We planned this event to make it easy for more customers to participate and experience cryptocurrency trading," adding, "Customers can enjoy two benefits at once: buying products they need while accumulating Bitcoin."
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