TL;DR Breakdown
• The Japanese E-Commerce company officially enters the crypto market.
• Crypto refunds on SocialGood will be 100 percent.
SocialGood, a device app linked to cryptocurrencies, is preparing to move up by halting online retailing. This application is unique in its goal because it gives cryptocurrency earnings to each user who dares to buy with them.
E-Commerce is boosted with a new payment method where retail and wholesale providers can hang on. Cryptocurrencies promise a huge change in these online purchases, and the mobile app is committed to being a promoter. Money-back options have never been as popular as today because it is interesting for users to obtain rewards in cryptocurrencies.
SocialGood app flaunts tempting refund proposal
The Japanese mobile app dedicated to E-commerce, SocialGood, changes its money refund policies by adding cryptocurrencies. The company seeks to adapt to the new financial market that has gained fame in Japan and other countries.
This application is available for Android and IOS devices, enabling the purchase options on retail websites such as Lazada, eBay, Zalora, and AliExpress. Since the app went live, it has offered money back for purchases in fiat currencies, but now it has switched to cryptocurrencies.
SG-Coin, SocialGood’s native token, will be involved in the refund of money within the application. According to the announcements, the company will offer crypto returns of 100 percent, putting them ahead of the competition.
The E-Commerce app stands out for offering the recent cryptocurrency refunds and applying this cashback every month. Other mobile apps only give 3 percent in return with cryptos, and their rewards extend to 1 time every three months.
E-Commerce linked to cryptocurrencies
SocialGood’s proposal provides a better link between E-Commerce and cryptocurrencies, helping them eliminate the limits. With this way of working, users will decide whether they will receive all their cashback earnings in cryptos or fiat currency as usual.
SG can be charged and sent to crypto platforms like Bitmart and Bittrex. But the E-Commerce company revealed that the token could also be sent to the Exchanges as Uniswap.
According to data shared by CoinMarketCap, the token is worth $1.59 with a market capitalization of $334,769,961. SocialGood has over 270000 registered users in at least 150 countries, according to its figures.
The mobile app was above competition companies by offering a fairly competitive CashBack in cryptocurrencies. The company has created its token for money back will also influence its popularity and reception in the coming months.
After these SocialGood ads, there could be an increase in sales at retailers like eBay. Other trading apps should also follow in these steps to release cryptocurrency returns to benefit users.
