Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Loyalty can be so rewarding.
Gamified shopping loyalty platform StormX will now let its users earn cashback in cryptocurrencies when shopping at Walmart.
According to an announcement shared with Cointelegraph on August 14, StormX users can now earn up to 4% cashback in crypto for purchases made at Walmart. Users who achieve a âDiamondâ rank can earn up to 14%. StormX CEO Simon Yu said that he believes this Walmart partnership will bring new users to the service:
âAs the only crypto cashback program for Walmart worldwide, we are confident that users will take advantage of the rewards program to earn their favorite cryptocurrency while shopping at their favorite retailer.â
Per the announcement, Walmart is the latest addition to StormXâs pool of more than 650 partners, which already includes outlets like Microsoft, eBay, Nike, Adidas, Target, Dell and Samsung. StormX says it has already distributed more than $2 million to its users.
In June, Walmartâs Chinese subsidiary partnered with VeChain, a blockchain-based supply chain management platform, to create a system that traces food products. At the beginning of March, Walmart also joined the Hyperledger blockchain initiative.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.