11st said on the 7th that it is running a partnership promotion with domestic virtual asset exchange Bithumb to award "Bitcoin rewards."
Through this partnership promotion, Bithumb members who purchase products on 11st and confirm the purchase can earn 1% of the payment amount as Bitcoin rewards, up to a monthly maximum of 5,000 won.
Accumulated Bitcoin rewards can be checked in "My 11st" within the 11st mobile app, and pressing the "Convert" button links to the Bithumb app, where the rewards can be converted into Bitcoin equivalent to the accumulated amount.
For new Bithumb members, as a sign-up benefit, the first-month Bitcoin reward earning limit is expanded beyond the existing cap, allowing accumulation of up to 10% of the payment amount (maximum 50,000 won). In addition, a Bithumb investment subsidy of 20,000 won is provided, and customers who complete at least one transaction on Bithumb receive an additional 30,000 "11Pay Points."
To receive the promotion benefits, customers must log in to 11st and complete the Bithumb partnership linkage in advance on the partnership promotion page. Customers who complete the linkage receive 1,100 won in Bitcoin rewards as a linkage commemoration benefit.
Ko Kwang-il, head of 11st's sales group, said, "We hope this collaboration, based on a new form of benefits, can offer customers a differentiated shopping experience," adding, "We will continue to introduce various partnerships and benefits that can enhance customer satisfaction."
