Coincheck to launch reward points-to-crypto exchange service on September 10

Japanese cryptocurrency exchange Coincheck has announced a new service that will allow users to exchange reward points for cryptocurrencies.

The service, called ‘Coincheck Survey,’ will be launched on September 10 in collaboration with Macromill, an Internet-based marketing research company in Japan.

Earlier in April, Coincheck allowed users to exchange Monex Points to cryptocurrencies. It said that the objective was to incentivize people to start investing in cryptocurrency. Coincheck said that the service has been well received by Monex account holders.

Macromill offers ‘Macromill Points’ to Macromill Monitors for participating in the surveys conducted by the company. Through Coincheck Survey, monitors would be able to exchange these points to cryptocurrencies.

“This time, in partnership with Macromill, a leading marketing research company that offers marketing solutions best suited for clients, Coincheck is expanding opportunities for an increase in the number of people who start investing in cryptocurrencies,” the release said.

Macromill Monitors need to have their accounts with Coincheck to be able to use this service. They can exchange 300 points for the first time, while second-time onwards they can redeem 500 points.

Coincheck said that it wants to expand its partnership in the point exchange service to further make the cryptocurrency investment accessible to individuals.

Just recently, Monex Group-owned Coincheck announced that it is considering launching an initial exchange offering (IEO) platform and has commenced a feasibility study on these lines.

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