Our own new token “GIV” is now available on CryptoLocally!
We are excited to announce the launch of our new native token GIV on CryptoLocally! With this new token, users will be able to take advantage of a number of special features that make GIV stand out from the native coins of other platforms.
How do you earn GIV?
GIV is an exclusive token to CryptoLocally’s platform and can be used to purchase or access a number of special features. There are a wide variety of different means of obtaining GIV, which range from just signing up to being an active trader on our platform. The more GIV you obtain, the more you will be able to take advantage of the special features that come with owning GIV.
So how can you start? To begin with, existing and new users will get 10GIV! Additionally, they will receive a one time “Spin-the-wheel” gift where they can spin a wheel containing various GIV prizes right after signing up. You can also earn GIV through Cryptolocally’s referral program. Each time someone you refer signs up on the platform, the referee will earn 2 GIV and you will earn 10 GIV once he completes his first trade! While these methods will earn you your first tokens, the best way to earn GIV is by being an active trader. This is because each user, after each completed trade, will be awarded GIV based on the traded amount, at a ratio of up to 1 GIV per 10 USD traded. Being an active trader will allow you to comfortably earn large quantities of GIV. The GIV you own is stored directly on Cryptolocally’s platform so there is no need to worry about the hassle that comes with getting an additional wallet.
Find yourself with an excess amount of GIV? You can even trade GIV for other cryptocurrencies on Binance DEX or on CryptoLocally.
Why use GIV?
First, there are a number of coupons that users can purchase with their GIV. For example, for 800 GIV, a user can enjoy 50% off on trade fees for one trade. Also, with the ever-increasing number of trade offers flooding the platform, for 600 GIV, you buy a boost which puts your offer at the top of the list for 48 hours, ensuring it’s the first offer people see.
Cryptolocally has also introduced a 3-tiered system (Bronze, Silver, and Gold) which offers users unique perks at each level. The tier system is tied to GIV thresholds, meaning that a user may enter the next tier by holding a certain amount of GIV.
Every user is automatically placed in the Bronze Tier. At this tier, after each completed trade, each user will be awarded GIV based on the traded amount, at a ratio of 0.8 GIV per 10 USD traded.
By obtaining over 250 thousand GIV, users are upgraded to the silver tier. At this tier users can enjoy 25% off on trade fees on all trades as long as they maintain their GIV balance above 250 thousand. Furthermore, at this tier, after each completed trade, each user will be awarded GIV based on the traded amount, at a ratio of 0.88 GIV per 10 USD traded.
The next tier is the Gold Tier which is attainable by holding a GIV balance of 1 million. While this may seem difficult to achieve, reaching this tier will earn you 50% off on trade fees on all trades as well as, after each completed trade, earn each user GIV based on the traded amount, at a ratio of 1 GIV per 10 USD traded, making it well worth your while.
What are the benefits of GIV?
- Earn GIV through our referral program
Being an active member of Cryptolocally’s referral program will instantly give you 10 GIV per referred user that completes a trade! Earn additional GIV for each successful trade your referrals make! - Get paid to trade
By trading on our platform, after each completed trade, each user will be awarded GIV based on the traded amount, at a ratio of up to 1 GIV per 10 USD traded. The more you trade the more you earn! - Purchase coupons that facilitate your trading
50% off Coupons: For 800 GIV, you can purchase this coupon which will reduce your trading fees by 50% for 1 trade.
Boosts: For 600 GIV, you can purchase a “boost” which, when applied to an offer, will place it at the top of the list. - Gain access to the perks of the Tier system
Bronze: Just by signing up all users are placed into the Bronze Tier. Being in this tier allows you to earn GIV from signing up, referring friends, and actively trading on the platform. At this tier, after each completed trade, each user will be awarded GIV based on the traded amount, at a ratio of 0.8 GIV per 10 USD traded.
Silver: In order to gain access to the benefits of the Silver Tier, you must maintain a GIV balance of at least 250 thousand GIV. At this level, you will get 25% off on all your trades. Additionally, at this tier, after each completed trade, each user will be awarded GIV based on the traded amount, at a ratio of 0.88 GIV per 10 USD traded.
Gold: This is the highest tier and is attainable by maintaining a GIV balance of at least 1 million. While this may seem difficult to reach, users in the Gold Tier will get 50% off on all of their trades. Additionally, at this tier, after each completed trade, each user will be awarded GIV based on the traded amount, at a ratio of 1 GIV per 10 USD traded
