This archive report was first published on 4 May 2021.
On May 4, 2021, Bitzlato, a cryptocurrency exchange platform, announced a cashback program for its users who transact via Lemonade Finance.
According to the announcement, users who use Lemonade Finance as a payment method on Bitzlato's platform will qualify for a 30% cashback, capped at $50 per transaction, for seven days.
Bitzlato's announcement stated, 'For seven days, users who use Lemonade Finance as a payment method on BZ to transact any amount will automatically qualify for a 30% cashback capped at $50 per transaction from Lemonade.Finance and BZ. This will only be redeemable once per day.'
The cashback program is a result of a recent partnership between Bitzlato and Lemonade Finance, which added Lemonade Finance as a payment method to Bitzlato's platform.
Users on the Bitzlato platform can now buy and sell bitcoins and other cryptocurrencies on the marketplace at zero cost, thanks to the partnership.
Kenya, ranked number 5 in global crypto-trading activity, according to the 2020 Chainalysis Geography of Cryptocurrency Report, is expected to benefit from the partnership.
For more information, users can reach out to the Bitzlato team on Telegram or Twitter.