“Lock” Your BIX Tokens Today to Continue Receiving Your BIX Incentive Reward
Bibox is an exchange, and it just upgraded its incentive reward program for holders of its token, BIX.
Previously, you had to hold your BIX on the Bibox exchange and make at least one transaction per week to earn the reward.
That’s changing starting today, January 4, 2019.
Going forward, 30% of the exchange’s daily transaction fees will be pooled for distribution to BIX holders.
To earn those fees, you’ll need to “lock” your BIX tokens. We’ll show you how below.
You’ll need to lock tokens in lots of 500 BIX — meaning, you can lock 500 tokens… 1,000 tokens… 1,500 tokens, etc.
Once you lock your tokens, you can’t trade them. But you can unlock your BIX at any time, and they’ll be available to you after 24 hours.
What’s nice is you no longer need to make weekly transactions to earn the reward.
And Bibox will continue to distribute rewards every Friday.
You can find all the details from Bibox here.
Go to your Bibox account, follow the instructions below, and “lock” your tokens to continue earning the BIX Incentive Reward.
Instructions to Lock BIX Tokens
Step 1:
- Click the profile icon and select “BIX Incentive Reward” from the drop-down menu.
- See the picture below:
Step 2:
- From the BIX Incentive Reward page, click the “Lock” button.
- Enter the number of tokens you want to lock and click “Confirm.”
- Keep in mind: You can only lock tokens in increments of 500.
- See the picture below:
- Once your tickets are locked, you are eligible to receive the BIX Incentive Reward.
Thanks for reading! Feel free to check out some of my similar Cryptocurrency related post below.
- How to Earn Crypto Income From Komodo (KMD)
- Zilliqa : Progress and Update, June 2019
- How to Earn ONG From Ontology (ONT)
You can follow me on Medium for more posts like this.
