StormX (STMX) is now available on Okcoin. Here’s what it’s all about, in simple terms. 🌪
TL;DR
- What? You can now deposit, withdraw, and trade STMX on Okcoin. 👀
- Who? All Okcoin customers except for residents of the EU, the UK, Singapore, and Brunei.
- When? Deposits, withdrawals, and trading are live as of July 27.
What’s StormX?
StormX is a crypto cashback system that helps users earn rewards and cashback on fiat transactions. With more than 1000+ eligible stores, customers can earn up to 87.5% cashback on their purchases, depending on their reward membership level.
StormX membership comes in six different tiers. Members automatically access the Purple tier when they connect a wallet within the app. The real magic begins when they level up to Bronze, Silver, Gold, Platinum, and finally Diamond tier, since each tier comes with the potential to earn higher amounts of crypto cashback.
STMX is the project’s utility token. It’s primarily used for staking, governance, and cashback rewards. This token model provides incentives for members to not only purchase STMX tokens, but also to use them since STMX holders can stake their tokens to further increase their rewards.
