currency exchange - ntradeX

How To Claim And Redeem Your XPoints on The Ntradex App

Winning points feels great, but redeeming those points into cash feels even better. With Ntradex, claiming and redeeming your x:points has never been better. Follow this step-by-step guide to quickly and smoothly turn your points into a cash reward. Let’s go!

The Steps Involved In Claiming And Redeeming Your X:Points

Step 1: Log In.

 

Step 2: Click on “More” in The App.

 

Step 3: Click on ‘Rewards’.

 

Step 4: Click on x:points earned when it appears.

 

Step 5: Click the “Redeem x:points” Button

 

Step 6: Enter the amount of x:points you want to redeem (min 1000 x:points), and you will see the equivalent in CAD

 

Step 7: Click the “redeem points” button, and your x:points will be deducted from your points balance and converted to cash 

 

Instant cash reward, just like that. Your x:points balance will update immediately upon redemption.

More Tips To Take Note Of

  • Need more points? Tap “How to earn x:points” for additional opportunities, such as referral bonuses and transfer milestones.

 

  • Delayed reward? Give it a few hours, and your CAD will reflect in your CAD wallet.

Points And Rankings Of The X:Tag

Aright! We have already dug into the definition of the x: tag, its features, what it can be used for, and, lastly, how it can be used for transacting. Today, we dive deeper into the understanding of the points and rankings system of the x:tag feature. 

 

Points or ‘X:points’ as they are mainly called on the application, are given based on specific actions you carry out on the ntradeX application that can later be redeemed via rewards. These specific actions are:

 

1. Onboarding (Low Points):

  • Account creation.
  • Setting your x:tag name. 
  • Completing cadre 3 KYC verification (per country of residence).

 

2. Transfers (Medium Points):

  • To any beneficiary.
  • To an NtradeX user (user-to-user transfer).

 

3. Deposits (High Points):

  • Deposits via X-Transfers (received money from via x:tag).
  • Deposits via transfers.
  • Deposits via saved card details. 
  • Deposits via non-saved card details.
  • Deposits into multiple currencies/wallets.

 

4. Other Transactions (High Points):

  • Exchange of currency.
  • International payments. 
  • Volume of Transactions monthly.

 

5. Referrals (High Points):

  • Referring a new user.
  • The referral completes onboarding and makes their first transfer.

 

Now that the necessary actions to boost your points have been stated, let’s talk about the point rankings they are attached to.

 

1. Recruit:

This is the lowest point ranking in the ranking system. It accrues points from 0 – 249,999. 

 

2. Commander:

It accrues points from 250,000 – 499,999.

 


3. Veteran:

It accrues points from 500,000 – 749,999.

 

 

4. Ghost:

This is the highest point ranking in the ranking system. It accrues points from 750,000 – 1,000,000.