Mogo is set to extend its Bitcoin rewards offering program which was available against the company’s famous product known as Mogomortgage. Every member of the Mogomortgage will be entitled to earn Bitcoin amounting to approximately US$ 3,100 if they seek fresh financing or mortgage facilities.
Mogo Inc. is a company that is publicly listed and headquartered in Canada. The company is a pioneer in the field of providing solutions and alternates for the digital asset industry.
Earlier in the year 2018, the company announced that it has become a partner with a renowned blockchain company called DMG. It told at that time that the partnership has been arrived at for launching and developing a facility exclusively for Bitcoin mining. It was further told that the proposed facility will be offered to the customers who are living in British Columbia.
At the end of month of 2020, one of the executives of Mogo, Greg Feller told that several entities that owned Bitcoins were becoming part of Mogo. He further revealed that Mogo had also invested in Bitcoin which was equivalent to 1.5% of the total assets available with Mogo.
However, at present, Mogo has revealed that it has been launching a program comprising over Bitcoin rewards for its customers of Mogomortage. Mogo told that any customer who would seek for fresh re-financing or avail fresh mortgage facility will be allowed to utilize the offer. Through the offer, each customer of Mogomortage will be entitled to earn Bitcoin. However, the entitlement of each customer will not exceed US$ 3,100, told Mogo. If someone has earned the reward, the rewards will be transferred into the account of the customer directly, said Mogo.
David Feller, who is the founder and the service CEO of Mogo, said that with regard to Bitcoin’s adoption, their progress is promising. He told that the Bitcoin reward program will allow Mogo’s customers to acquire the leading crypto asset.
He explained further that in Canada, Bitcoin’s popularity is growing immensely, however, there are some problems. He pointed out that because Bitcoin is relatively speculative inherently, therefore, the Canadians are a bit reluctant. However, there are investors who are looking at the possibility where they could participate and while ensuring the safety of their investments. He claimed that Mogo’s Bitcoin reward program is one of the safest ways they could earn Bitcoins.
Feller further told that they are providing finance facilities and mortgage facilities to Canadian for a very long time. They have the lowest interest rates and the requirements of available mortgage facilities are made easier, he claimed. He stated with the Bitcoin reward program they are hoping to have more customers and wish to serve in the interest of the public. In addition, customers can avail the chance of owning the world’s leading digital assets whose value is surging on daily basis, said Feller.