Shop to Earn Crypto Cashback

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Cryp­tocur­ren­cies are gain­ing trac­tion, and many peo­ple con­stant­ly search for ways to ben­e­fit from them. Trad­ing and hodling are some of the most com­mon ways to make mon­ey in the cryp­to space, but those look­ing to earn pas­sive income can do so through stak­ing and cash­back for pur­chas­ing items online.

Online shop­ping cash­back rewards have long been used by banks and card com­pa­nies to incen­tivize cus­tomers to uti­lize their ser­vices. But these days, cryp­to plat­forms such as Stor­mX now pro­vide sim­i­lar oppor­tu­ni­ties through the Shop-to-Earn mod­el. This way, any­one can earn cryp­tocur­ren­cies with­out direct­ly pur­chas­ing them.

About StormX

Stor­mX is a decen­tral­ized Ethereum-based plat­form that is push­ing the Shop-to-Earn mod­el. This approach allows users to receive cryp­to rewards while pur­chas­ing flights, hotels, and goods at part­nered stores on the plat­form, includ­ing eBay, Nike, Foot Lock­er, Sam­sung, and Groupon.

The plat­form works towards boost­ing the adop­tion of cryp­tocur­ren­cies by offer­ing cryp­to cash­back to every­day shop­pers. Users can earn and accu­mu­late cryp­to in pop­u­lar cryp­tocur­ren­cies like BTC, ETH, DAI, and StormX’s native token, STMX.

Stor­mX works as a Chrome brows­er exten­sion and a mobile appli­ca­tion. The exten­sion oper­ates in the back­ground seam­less­ly, accru­ing cash­back rewards as the user shops on desk­top, togeth­er with over 4M down­loads across Android and iOS on mobile, Stor­mX has paid out over $5M in cryp­to to date.

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How Does it Work?

Stor­mX users can earn between 0.5% and over 85% in cryp­to rewards when they use the platform’s Cryp­to Cash­back app or Chrome exten­sion when­ev­er they shop online. It’s free for any­one to use and earn Cryp­to Cash­back at the base rewards percentage.

The per­cent­age of cryp­to rewards depends on sev­er­al fac­tors, includ­ing users’ mem­ber­ship lev­els. The mem­ber­ship lev­els are deter­mined by the num­ber of STMX tokens users have in their wallets.

There are six mem­ber­ship tiers, with Pur­ple being the first. Stor­mX users auto­mat­i­cal­ly lev­el up to the Pur­ple tier after con­nect­ing their mobile wal­let to the app. This first tier does not require users to hold STMX tokens. Essen­tial­ly, the more STMX they hold, the more they earn.

STMX, capped at 10 bil­lion units, is an ERC-20 token that pow­ers the activ­i­ties on the Stor­mX ecosys­tem. The cryp­tocur­ren­cy also serves as the platform’s gov­er­nance token, allow­ing hold­ers to vote on deci­sions that can affect the project’s future.

The StormX Referral Program

Now, in addi­tion to cryp­to cash­back, mem­ber­ship bonus­es, and stak­ing, Stor­mX users can earn through refer­rals. Users can share their refer­ral link with friends and fam­i­ly to earn 10% of their shop­ping and stak­ing base rewards.

Users can learn more about the refer­ral pro­gram here.

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