KWIQ First Trade Bonus: How to Get 1,000 KWC on Your First Sale
· Updated · 2 min read
Short answer: KWIQ's First Trade Bonus gives you 1,000 KWC, worth ₦1,000 at today's rate, when your first trade completes. Your first crypto sale or gift card sale counts, the bonus is added to your KWC balance automatically, and every user can get it once. There's no code to enter: sign up, make your first sale, and the KWC appears.
Your first trade on KWIQ comes with a thank you: 1,000 KWC, added to your rewards balance as soon as the trade completes. At today's rate that's ₦1,000.
How to get it, step by step
- Create your account in the KWIQ app or on the web. If a friend invited you, enter their referral code when you sign up.
- Make your first sale. Either deposit crypto and sell it for naira, or sell a gift card.
- Wait for it to complete. For crypto that means the deposit is confirmed on the blockchain and sold; for a gift card, the trade is approved.
- Check your KWC balance. The 1,000 KWC appears in the KWC Rewards hub on your Home screen.
Which first trades count?
| Your first trade | Counts? |
|---|---|
| Selling crypto for naira (Bitcoin, USDT and the rest) | Yes |
| A crypto deposit sold by Auto Cashout | Yes |
| Selling a gift card | Yes |
| Buying crypto with naira | No, but it still earns cashback |
Is there a minimum amount?
The bonus itself doesn't set one: any completed sale counts. Each coin and gift card does have its own minimum sell amount, which the app shows before you send anything. Selling a small amount is a sensible way to start, and is it worth selling small amounts of Bitcoin? explains why.
Get more than the bonus from your first trade
The first trade bonus isn't the only reward that trade earns. It also earns cashback, and if it's worth $100 or more it counts towards this week's trading streak too.
To turn KWC into naira you need at least 2,000 KWC, so your bonus plus a little cashback from your next trades gets you there. Our guide to how KWC rewards work covers redeeming.
A few things to check first
- Send crypto on the right network. The deposit screen shows the network for each coin. Our guide on sending crypto to the wrong network explains why this matters.
- One bonus per person. It's paid once per user.
- Terms can change. KWIQ sets the amount and may change it, so the Rewards hub is the place to check the current offer.
Make your first trade
Ready? Download KWIQ, check today's crypto to naira rates, and make your first sale. The 1,000 KWC follows automatically.
Frequently asked questions
How much is the KWIQ first trade bonus?
1,000 KWC, which is ₦1,000 at the current rate of 1 KWC to ₦1. It's paid once per user, automatically, when your first trade completes.
Which trade counts for the first trade bonus?
Your first completed crypto sale or gift card sale on KWIQ. A crypto deposit sold automatically with Auto Cashout counts as a crypto sale.
Do I need a promo code for the KWIQ bonus?
No. The bonus is added to your KWC balance automatically once your first trade completes. A friend's referral code isn't needed either, although entering one when you sign up helps the friend who invited you earn their referral rewards.
How do I withdraw my bonus?
Redeem KWC into your naira wallet from the KWC Rewards hub once you have at least 2,000 KWC, then withdraw the naira to your bank. Cashback from your trades helps you reach 2,000 KWC.
Written by
Mercy Ikeh
Technical Writer at KWIQ
Writes KWIQ’s guides on crypto, payments and keeping your money safe online.