Update: Veriswap Loyalty Program

Hey Traders,

We’re excited to launch the Veriswap Loyalty Program on July 15th. Built in response to your feedback, this program will replace our current loyalty point system and offer tiered discounts depending on your trading volume.  

Your loyalty tier is based on your total quarterly transaction volume. At the start of each quarter, your total resets. If you reach a higher tier during the quarter, you’ll level up for both the current and following quarter. Tiers are as follows:

• Base: Under $10,000

• Bronze: $10,000 to $50,000

• Silver: $50,000 to $200,000

• Gold: $200,000 and above

Your current tier is based on your transaction volume from Q2 2025. Quarterly resets occur on the following dates:

• Q1: January 1

• Q2: April 1

• Q3: July 1

• Q4: October 1

Additionally, we have revised our fee structure across Graded and Raw cards. Depending on your loyalty tier, your effective fees could have changed. For exact pricing, please refer to the pricing article in the Knowledge Base. 

Benefits

Depending on your tier, you will receive discounted transaction fees and additional benefits such as free shipping, invitations to exclusive Veriswap events, and more to come.

What This Means for Existing Loyalty Points

As we roll out the new Veriswap Loyalty Program, we will be phasing out the current points system on July 15th and making the following changes:

1. Loyalty points will be deprecated and converted into trade credit at a rate of 1,000 points = $1.

2. Any points not used by July 15, 2025 will be converted into trade credits at the above rate. If you are interested in any prizes from the loyalty store, please use them before this date. No action will be needed on your side.

As always, thank you for being part of the Veriswap community.

-Team Veriswap