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Cold Wallet Raises $5.78 Million, Offering Innovative Cashback System

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by Giorgi Kostiuk

3 hours ago


Cold Wallet is a platform aimed at changing the conventional perception of cryptocurrency fees. Instead of accepting them as a necessary evil, users can receive cashback in the form of CWT coins.

The Fee Problem in Cryptocurrency

In the cryptocurrency world, fees when using wallets, exchanging, and transferring funds have become commonplace. Many users accept these costs as a fact of life. Cold Wallet highlights this issue by proposing an alternative.

Cold Wallet's Cashback Model

Cold Wallet turns traditional fees upside down by rewarding users with CWT cashback for every transaction. CWT holders can receive up to 100% gas fee refunds and 50% on swaps. The entire system operates without the need for staking or managing complex contracts.

Reward System and User Base Growth

Cold Wallet offers four reward tiers: Bronze, Silver, Gold, and Diamond, based on the amount of CWT held. These rewards enhance user interest, and the referral program adds additional bonuses. Cold Wallet has already acquired Plus Wallet for $270 million, increasing its active user base to over 2 million.

Cold Wallet presents a real solution to the issue of fees in cryptocurrency by turning them into rewards. With $5.78 million raised and an active user base, the platform demonstrates growth potential and resilience in a rapidly changing crypto landscape.

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