It has been a very busy day for me promoting this new exchange from Japan, Bitbox. It is a cryptocurrency exchange by Tokyo-based LINE corporation, one of the leading internet company in the country. The exchange was launched last year and is reportedly close to obtaining License from Japan's Financial Services Agency (FSA).
It must be noted though that the Bitbox business itself is headquartered in Singapore but is owned by the Japanese firm LINE who will be obtaining the crypto exchange license from the Japanese authorities.
In line with their marketing push to spread awareness about their exchange as well as its Utility token called LINK (LN) (should not be confused with LINK of Chainlink) they have launched a very lucrative referral rewards program in which both the referral and the referring party will get $15 USD worth of LN (number of LN depends on the current market price it is currently trading in their exchange) whenever someone registers on the referral link of the referring party and makes their first trade in the exchange. When This conditions are met both the referral and the referring party gets $15 USD worth of LN that can be traded instantly inside the exchange.
How To Join?
NOTE: Some territories will not be allowed to join which includes United States of America.
- Register for an account in their website.
- Undergo KYC. To ensure approval and qualification for rewards it is recommended to use your passport for Identification verification.
- Wait for approval which takes around 5 minutes
- Make one trade to automatically receive LN in your wallet in the exchange which you can immediately trade or hold.
Its that simple! For those who are still wary about giving away their information to this exchange you might want to research more about LINE and BitBox. I can assure you that the exchange is legit and backed by one of Japan's biggest internet company.