Blum is set to reward its users with a weekly prize pool of $5,000.
Blum is set to reward its users with a weekly prize pool of $5,000. This initiative aims to express appreciation for the community's support as the exchange grows and evolves within the cryptocurrency market.
The announcement comes ahead of a significant update scheduled for Jan. 20, where Blum will release detailed guidelines on how users can qualify for these rewards.
The exchange integrates features from both centralized exchanges (CEX) and decentralized exchanges (DEX), providing a comprehensive trading experience tailored to meet diverse user needs.
In a recent clip shared on Blum Chats, the company highlighted its commitment to recognizing early supporters, referred to as "OGs" from Season 1. This group has played a crucial role in establishing the platform's initial user base and setting its operational tone.
Blum's hybrid model is designed to leverage the benefits of both trading environments, aiming to enhance liquidity and security for its users.
By merging the strengths of CEX and DEX, Blum seeks to offer a multifaceted trading platform that caters to novice and experienced traders alike.
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
