Japanese bank giant SHINSEI BANK distributes XRP, BTC to gain customer base

SHINSEI BANK gives away XRP and BTC

Japanese bank giant SHINSEI BANK has launched a new crypto giveaway program for new customers who open accounts with the bank, where XRP or BTC will be given to new customers through partnerships with SBI VC. Trade referralsreportfrom PRTIME

According to the bank’s announcement, existing and new customers of the bank may receive more than 8,000 yen worth of crypto coins XRP or Bitcoin, which the bank will start awarding from Aug. 10, 2022 to 31. Oct 2022

New clients will receive crypto coins after they open an account with the bank and existing clients will be rewarded in the form of crypto exchange coupons instead. Customers who choose to use the lottery system must have an SBI VC account to receive coupons.

“We have a campaign to give away more than 8,000 yen worth of crypto to new customers who open accounts and with us,” the bank said.

Using crypto to attract customers

This is a very good idea for gaining a new customer base, giving potential clients who are keen to invest in crypto but are undeterred to have the option to secure crypto without them. No matter how much investment you need, just open an account and you will be rewarded.

SHINSEI BANK is also one of the first banks to offer such a crypto reward. Most of us will see banks using crypto or Blockchain to develop their own financial potential.

Ripple, however, still has a lawsuit against the US SEC, alleging that the company offered to sell unregistered securities. But it hasn’t affected Ripple’s credibility, and the Ripple CEO believes the lawsuit will be over soon.

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