Loyalty rewards refer to incentives offered to users or investors for engaging with a particular platform or ecosystem over time. In cryptocurrency, these rewards can come in various forms, such as tokens, discounts, or exclusive access to services.For instance, some platforms reward users for holding onto their coins instead of selling them immediately. This encourages long-term investment and helps stabilize the market. Users may receive additional tokens based on the amount and duration of their holdings.Other schemes might involve rewarding users for participating in community activities, such as staking, voting on governance proposals, or referring new users. By fostering active participation, these rewards help build a stronger community around the project.Overall, loyalty rewards aim to create a sense of belonging and encourage users to remain committed to a platform, enhancing user satisfaction while driving growth and stability for the project.

ASIC Issues Public Warning Against Bitget for Unlicensed Crypto Derivatives
Australia’s corporate regulator has issued a formal warning against Bitget, accusing the cryptocurrency exchange of offering high-risk derivatives products without