Cold Wallet Introduces Fee Refunds and Cashback to Attract Crypto Beginners

Cold Wallet, a new cryptocurrency wallet, is positioning itself as the most user-friendly solution for beginners by addressing one of the most common pain points in crypto onboarding—high transaction fees [1]. Traditional wallets often leave new users frustrated by unexpected costs that discourage continued participation, particularly in decentralized finance (DeFi). Cold Wallet’s approach flips this challenge into an opportunity by introducing a rewards system that refunds users for fees incurred during on-chain activities [1].

The wallet offers cashback on gas, swap, and fiat conversion fees, returning a percentage of these costs in its native token, CWT. This incentive mechanism transforms each interaction with the blockchain into a value-adding experience, reducing the intimidation factor for first-time users [1]. The CWT token also powers a referral system, where users earn USDT and CWT for bringing others into the platform. Both the referrer and the referred user benefit, with the former receiving 10% of the referred user’s token purchase and the latter gaining an additional 5% bonus [1].

The CWT token is currently in the 15th stage of its presale, with a price of $0.00924 per token. This early access opportunity allows supporters to acquire the token at a lower cost before its value potentially increases in later stages [1]. The structure of the presale is designed to incentivize early participation and long-term holding, with higher cashback tiers unlocked based on the amount of CWT held. At the highest level, users can receive full refunds on gas fees and additional rewards for swapping and fiat conversions [1].

Cold Wallet’s design emphasizes simplicity and accessibility, ensuring that users do not have to understand complex DeFi concepts to benefit from the platform. All reward mechanisms, including cashback and referral bonuses, are integrated directly into the wallet, creating a seamless and intuitive experience [1]. This makes it an ideal entry point for those seeking to onboard friends or family without exposing them to the often confusing and costly aspects of crypto.

By addressing the financial barriers to entry and reinforcing positive user behavior through real-time rewards, Cold Wallet is redefining what it means to be a beginner-friendly crypto wallet. Its model not only supports individual users but also encourages organic community growth, making the crypto space more approachable and less transactionally burdensome [1].

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[1] title: Cold Wallet: The Best Crypto Wallet for Beginners with Cashback & Rewards (https://coinmarketcap.com/community/articles/688a187a1c29df0fa3641ce2/)