Australian crypto exchange up 1900% after token rewards scheme

Australian crypto exchange up 1900% after token rewards scheme | Micky %

Melbourne-based grassroots crypto exchange Blockbid has seen trading volume increase from US$10,000 a day mid-year to average around US$200,000 a day after it introduced a Liquidity Incentive Model. It’s a bit like a credit card rewards scheme, but it incentivizes adding liquidity to the exchange rather than wash trading.