KWIQ Cashback: Earn KWC on Every Trade With Trade, Earn, Repeat
· Updated · 2 min read
Short answer: KWIQ's Trade, Earn, Repeat campaign pays KWC cashback on every trade that settles: crypto sales, crypto buys and gift card sales. Crypto and gift card trades earn at different rates, which the app shows, and you can earn up to 2,000 KWC (₦2,000 at today's rate) in cashback each month. It's credited automatically, with nothing to claim.
Some rewards are for milestones. Trade, Earn, Repeat is for every trade: each time a trade settles on KWIQ, a little KWC goes into your rewards balance.
How it works
- You make a trade on KWIQ: sell crypto, buy crypto or sell a gift card.
- The trade settles.
- Cashback in KWC is added to your balance automatically.
That's it. There's nothing to switch on and nothing to claim.
What earns cashback
| Trade | Earns cashback? |
|---|---|
| Selling crypto for naira | Yes |
| Crypto sold automatically by Auto Cashout | Yes |
| Buying crypto with naira | Yes |
| Selling a gift card | Yes |
Crypto trades and gift card trades earn at different rates. KWIQ sets them and shows them in the Rewards hub, so check there for today's figures.
The monthly cap
Cashback is capped at 2,000 KWC per person per month, which is ₦2,000 at today's rate of 1 KWC to ₦1. Once you reach it, the rest of that month's trades still earn every other reward you qualify for, and cashback starts again the next month.
Usefully, 2,000 KWC is also the minimum you need to redeem KWC into naira, so a month of cashback on its own is enough to cash out.
Cashback plus everything else
Cashback adds to your other rewards rather than replacing them:
- your very first sale earns the First Trade Bonus and cashback;
- weeks with $100 or more of trading build your weekly streak;
- big months can add the ₦1M bonus and a leaderboard prize.
All of it lands in the same KWC balance. Our guide to how KWC rewards work explains redeeming.
A real saving on top of zero fees
KWIQ already charges zero fees to swap crypto to naira, and no stamp duty. Cashback means your regular sales give you a little back on top. If you're paid in crypto regularly, it's worth checking today's crypto to naira rates and selling on KWIQ when you need naira.
KWIQ sets the cashback rates and cap and may change them, so the app always has the current terms.
Start earning cashback
Download KWIQ or sign up on the web. Your first trade earns cashback straight away.
Frequently asked questions
Does KWIQ give cashback?
Yes. Through the Trade, Earn, Repeat campaign, every settled trade on KWIQ earns KWC cashback, up to 2,000 KWC per user each month. It's added to your KWC balance automatically.
How much cashback do I get on KWIQ?
It depends on the trade: crypto and gift card trades earn at different rates, and the app shows the current rates. Cashback is capped at 2,000 KWC per month, which is ₦2,000 at today's rate.
Do I have to claim KWIQ cashback?
No. Cashback is credited to your KWC balance automatically when each trade settles.
Can I withdraw cashback?
Yes. Redeem KWC into your naira wallet from the KWC Rewards hub once you have at least 2,000 KWC, then withdraw it to your bank or spend it in the app.
Written by
Mercy Eboh
Technical Writer at KWIQ
Writes KWIQ’s guides on crypto, payments and keeping your money safe online.
