The Japanese Financial Services firm, Monex Group-owned cryptocurrency exchange, Coincheck will let users convert rewards to crypto via new service.

In a statement, <a href="https://www.cryptoknowmics.com/crypto/coincheck-to-start-administering-ieos-to-users/">Coincheck</a> said it partnered with marketing research company Macromill Group to launch a new service called Coincheck Survey.

According to the <a href="https://www.monexgroup.jp/en/news_release/irnews/auto_20190903494443/pdfFile.pdf">press release</a>, Coincheck Survey will enable its users to exchange their reward points for digital assets. 

Typically, Macromill offers points to Macromill monitors who took part in any survey conducted by the firm. Thus, the launch today makes it possible for the monitors to exchange their points to cryptocurrencies easily.

"In partnership with Macromill, a leading marketing research company that offers marketing solutions best suited for clients, Coincheck is expanding opportunities for an increase in the number of people who start investing in cryptocurrencies," the PR reads.
<h4>Convert points to crypto
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Users will be able to "exchange Macromill Points, which are offered as compensation for participating in surveys," for Bitcoin (BTC), Ethereum (ETH) and Ripple's XRP, from September 10.

The statement said:

"Macromill typically offers Macromill Points to Macromill Monitors who participate in the surveys conducted by the company. The launch of the Coincheck Survey makes it possible for monitors to exchange those Macromill Points to cryptocurrencies."

Moving forward, the Coincheck account is required to enable "Macromill Monitors" to take part in the program. Meanwhile, the program's exchange rate is JPY 1 per point.

Also, apart from cashing for JPY 1 per point, it was noted that it could be exchanged for products, such as T-points, and Amazon gift certificates.

The exchange noted that development is aimed at expanding opportunities for an increase in the number of people who would start crypto investments. 

As reported, both companies are also planning to further collaborate in the blockchain business. Coincheck plans on expanding its partnership in the point exchange service. Adding that, it will make cryptocurrency investments more accessible to individuals.

Coincheck Launches New Service to Enable Users Convert Points to Cryptocurrency

Ibiam Wayas is an optimistic crypto news reporter who also enjoys tech writing. He is an introvert who spends much of his time on the internet studying facts that will help him excel in the digital/cryptocurrency space.

Coincheck Launches New Service to Enable Users Convert Points to Cryptocurrency

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