The YormeHut Rewards Program recognizes and awards users with extra benefits, giving them a badge and premium access to exclusive advantages on the marketplace. Here’s a breakdown of what makes up the YormeHut Rewards Program:
Sellers and Buyers Badge Rewards
“Early Access” badge | Silver Member-“Pioneer” badge | Gold Member-“Merchant VIP” badge |
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Users Registered During the First 3 Months Launch Can Activate | First 1,000 Users Reach Silver Membership Activate | First 500 Users Reach Gold Membership Activate |
Ends At Aug 1st | Additional 0.05% OFF Per Order | Additional 0.1% OFF Per Order |
Memorial value | Extra Fee Reduction Rewards | Extra Fee Reduction Rewards |
Badge Name | “Apprentice” badge | “Enthusiast” badge | “Specialist” badge | Master” badge | “Trader’s Choice” badge |
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Seller Benefits | Receive 0.1% Reward Amount Per Order. 0.06% Reward Per Order for Trading with Official Account | Receive 0.15% Reward Amount Per Order. 0.2% Reward Per Order for Trading with Official Account | Receive 0.2% Reward Amount Per Order. 0.25% Reward Per Order for Trading with Official Account | Receive 0.25% Reward Amount Per Order. 0.3% Reward Per Order for Trading with Official Account | Receive 0.3% Reward Amount Per Order. 0.35% Reward Per Order for Trading with Official Account |
Buyer Benefits | N/A | 0.15% Fee Waiver Per Order | 0.2% Fee Waiver Per Order | 0.25% Fee Waiver Per Order | 0.3% Fee Waiver Per Order |
Activation Requirements | 15+ successful trades per month | 100+ successful trades per month | 500+ successful trades & 80%+ Positive Rating Per Quarterly | 2000+ successful trades & 90%+ Positive Rating Per Quarterly | 5000+ successful trades & 95%+ Positive Rating Per Quarterly |
- Example 1: If you have the “Trader’s Choice” badge (0.3% fee reduction), “Merchant VIP” badge (0.1% fee reduction), and Gold Member privilege (0.15% fee reduction), you totally 3.75 RMB in fees on a 500 RMB transaction.
- Example 2: If you have the “Trader’s Choice” badge, you can receive a 0.3% reward on orders as a seller, or a 0.35% reward if you trade with the platform. Depending on the currency chosen by the seller from three different regions, the reward will be automatically displayed in the wallet balance using the currency exchange rate of that region. For instance, if the seller chooses Nigerian Naira as the primary currency, the reward of 1.5 RMB will be exchanged to 150 Naira (based on the daily updated exchange rate). Similarly, if the seller chooses US dollars, the reward of 1.75 RMB will be exchanged to 0.270 USD (based on the daily updated exchange rate).