How CBK rewards work

CBK is CoinBack's crypto cashback reward token on the Hedera network. It is an HTS native token with 8 decimal places. Here is a quick summary of the rules:

• Earn 1 CBK for every $1 credited to you for shopping or signing up through CoinBack referral links.
• Rewards vest in up to 6 monthly installments, released one per month when you are active for at least 7 days.
• Request a payout once at least 10 CBK has vested; a 0.5 CBK fee is deducted per payout.
• A 0.1% transfer fee applies on-chain to the treasury.
• CBK is minted and airdropped to your connected self-custody wallet.

You receive CBK as an incentive for shopping or signing up through CoinBack referral links. The incentive amount is set when the reward is credited, at a rate of 1 CBK for every $1 credited. Rewards then vest in up to 6 monthly installments. One installment is released for each month in which you are active on CoinBack for at least 7 days.

Once at least 10 CBK has vested, you can request a payout. CBK is minted and airdropped to your connected self-custody wallet. A 0.5 CBK fee is deducted per payout, and a 0.1% on-chain transfer fee goes to the treasury.

You connect your own Hedera wallet, such as HashPack or Blade, through WalletConnect. CoinBack never holds or controls your private keys. CBK has a floating market price; CoinBack does not promise any price floor or redemption value. If you sell CBK, any KYC requirements are handled by the exchange, not by CoinBack.