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HomeCryptocurrencyTop Japanese Shinsei Bank Picks XRP as a Campaign Reward Method

Top Japanese Shinsei Bank Picks XRP as a Campaign Reward Method

Shinsei Bank, a popular bank in Japan, has rolled out two joint campaigns to reward customers who meet the requirements with cryptocurrency exchange coupons. These coupons can be exchanged for XRP and/or BTC at SBI VC trade.

Per an announcement, Shinsei Bank has partnered with SBI VC Trade to establish a joint campaign to present cryptocurrency exchange coupons to new and existing customers. It is said that the campaign will run from August 10 to October 31, 2022.

New users stand a chance to be rewarded when they open an account with Shinsei Bank while existing users stand the chance to get a crypto exchange coupon when they set up a yen time deposit.

As stated in the announcement, “the crypto asset exchange coupon gift campaign is worth up to 8,000 yen for all customers who open a new account and make a prescribed transaction.”

Over the years, Shinsei Bank has been offering reward-giving campaigns to new customers. However, the top Japan-based bank intends to attract more clients by making rewards convertible to crypto assets like XRP.

“We will hold a campaign where you can win a crypto asset exchange ticket worth up to 10,000 yen,” the bank said. To note, this crypto asset exchange ticket granted by SBI VC Trade is a prize that can be exchanged for either Bitcoin (BTC) or Ripple (XRP) at SBI VC Trade.

Read Also: First Australia’s XRP Rewards Card Program Launches. Here’s Why This Is Important

More Adoption For XRP

Despite the lawsuit filed against Ripple by the United States Securities and Exchange Commission (SEC), the leading cross-border payments service provider continues to record more adoption from financial entities.

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It is believed that these adoptions would in turn give more exposure to the digital asset. Recently, Binance Visa Card added XRP to the list of cryptocurrencies that customers can use for online or physical purchases and other supported services.

Meanwhile, more XRP investors have joined John Deaton to support Ripple Labs in the ongoing legal tussle with the U.S. SEC.


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Ndianabasi Tom
Ndianabasi Tom
Ndianabasi Tom joined the crypto and blockchain industry in 2019. He is an all-rounded crypto content writer. He mostly covers industry news, developments, and other educational resources. He believes that proper crypto awareness is instrumental to achieving mass adoption.
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