Bittwatt Trading Platform — The Bonus System

Bittwatt
4 min readNov 13, 2018

With each passing day we get closer and closer to the moment we’re all waiting for, the official launch of Bittwatt Trading, the first trading platform in the world that uses blockchain technology and allows energy trading.

We want everyone to be fully prepared for that moment, so we will be continuing the series of articles dedicated to the presentation of the platform and its unique features.

If we were to describe subject of today’s chapter in only 2 words, these would definitely be Advantage and Profit.

Without any further ado, let’s find out what the Bittwatt Trading Bonus System is all about!

The Referral Bonus

…spread the word and stuff your wallet!

As a trading platform, one of the mutual needs that we share with our traders is to have as many active users as possible, so the trading volume can be maintained high. Taking this into consideration, we have implemented a referral system that brings important rewards to the ones joining it.

Bringing new users to the platform can help you reduce transaction fees or even get rid of them completely.

There are 5 different types of transactions you can do perform within the Bittwatt ecosystem and the referral bonus applies to all of them. These transaction types are the following:

  • Digital Payment
  • Virtual POS
  • Trading
  • Exchange
  • Direct Pay

Sounds great, doesn’t it? Only by bringing referrals you will benefit from substantial fee reductions throughout the whole Bittwatt ecosystem!

As soon as you’ve registered on the platform and completed KYC, you are able to bring referrals. The referral bonus will be available once the referred user completes the first transaction on Bittwatt Trading.

There are 2 ways to send referral requests, these being through email or SMS.

Here’s how users will be rewarded based on their referrals:

  • The first 1000 people won’t pay any kind of transaction fees during the whole period they will be using this exchange.
  • The following 9000 users will have all their transaction fees cut by 75%
  • The following 40.000 users will have all their transaction fees cut in half.
  • The following 50.000 users will have their fees reduced by 25%

Adding to it, not only the first 100.000 users will benefit from the referral program, as we have also prepared a bonus system that will be applied to everyone.

Anyone who manages to bring 10 referrals to Bittwatt Trading will have the transaction fees lowered by 10%!

If you already thought about sharing Bittwatt Trading with your friends, then you’re on the right way, as you can use this into your own advantage now, all of it turning into profit!

The Pool Bonus

…just sit back and profit

We are willing to reward everyone who wants to help the platform gain more liquidity by offering their BWT tokens to be escrowed for a certain period of time in order to create or join a pool in which the tokens will be used in transactions on Bittwatt Trading.

In other words, you will offer some of your BWT tokens to create or join an existing pool. You will not lose any of the tokens, they will just be untradable for you in this period of time and used as liquidity for the transactions that happen in that specific pool.

Anyone can contribute to the pool by offering from 10.000 to 1.000.000 BWT to be escrowed.

You will be rewarded for any type of transaction that happens within the pool, this meaning all of the 5 possible transactions: digital payment, virtual POS, trading, exchange, direct pay.

While having their BWTs added, the contributor can receive up to 50% of every fee paid for the transactions within the pool, so contributing to the pool is like having your own exchange integrated in our platform.

Just doing nothing with some of your tokens for a period of time can lead to an important profit on Bittwatt Trading. Feeling excited yet? Well, you won’t have much time to wait, as the official launch is coming really soon!

When is Bittwatt Trading going to be launched?

There are only a few days left until the Bittwatt Trading platform will become a reality for everyone, as the official launch is scheduled for early November.

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Bittwatt

Blockchain platform and app for utility payments, virtual POS and markets.