[PRESS RELEASE – Please Read Disclaimer]
Cryptopips, the world’s first multi-broker rewards coin, has announced an innovative loyalty program that will allow brokers from around the world to plug in. In addition to allowing brokers to reward their clients for participating in various trading activities, campaigns and contests, Cryptopips also offers customizable systems for brokers to provide greater personalized value based on their clients. .
Examples of how brokerages can use Cryptopips to offer rewards and benefits to their clients include:
- Earn more income while enjoying lower trading commissions
- Participate in campaigns, contests, events and gifts to earn more discounts and savings
- Gaining access to advanced leverage and other powerful trading tools
- Participate in token-related activities to earn incentives and benefits
A number of intended partnerships will be announced in the coming weeks, which will see a number of global brokers adopting the platform immediately. Cryptopips will work directly with early adopters to ensure that the entire ecosystem of products and services can be efficiently leveraged by the brokerage to delight its partners and customers.
When asked about the main idea behind Cryptopips, Danny Christ, Founder and CEO of Cryptopips, said, “I have seen two major trends develop over the years. First, it is a well-known fact that client retention is far more expensive than client retention. In fact, it costs 7 times more to acquire a new customer than to retain an old one.
Additionally, the probability of selling to an existing customer is 60-70%, while the probability of selling to a new prospect drops significantly to 5-15%. The second trend was the increase in trading volumes recorded by brokerages over the years, especially since the pandemic began. Both of these trends were the inspiration for me to develop Cryptopips with the team; So that we can democratize the brokerage world and bring value to both brokers and clients at large. It is a win-win situation for all.”
In terms of growth, the market is there for the taking. Trading volumes and market capitalization for instruments such as equities, gold, silver, fiat currencies and cryptocurrencies have been steadily increasing over the years; Especially during the pandemic.
Finally, as sophistication and expectations of brokerage traders and partners increase, they will demand more from global brokers. The key to brokerage firms will be to respond to the types of clients who can benefit from and value the firm’s core rewards system. Cryptopips is set to bridge this gap and bring enormous value to both brokerages and their clients over the long term.
About Cryptopips
Cryptopips is the world’s first multi-broker rewards coin dedicated to adding massive value to brokerages and their clients. By leveraging best-in-class solutions in the crypto world as well as cutting-edge technologies in the world of margin trading, Cryptopips is set to take the entire trading ecosystem to a higher level at massive levels. With a strong belief that crypto-assets are the future of money and markets, the company aims to change the perception around digital assets and money. For more information about Cryptopips, visit www.kryptopips.com.
*This press release is not a prospectus, disclosure document or offer document under the list of countries specified on www.kryptopips.com, the United States of America, the People’s Republic of China, the United States, the Democratic People’s Republic of Korea and www.kryptopips.com. This is for information purpose only. It is not an offer to buy or sell any investment product or security or instrument or to participate in any particular trading strategy or offer to buy or sell, and no representation or warranty is made with respect to any future offer or sales.
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