Cashback rewards can now be claimed in BUSD! Price comparison website BigGo globally launches the first-ever collaboration with Binance to introduce a cashback withdrawal service.

Cashback to Cash in Cryptocurrency, Ready to Face the Bull and Bear Market Again? It's now possible in Taiwan!

BigGo, the largest product search engine platform in Taiwan, announced today (29th) its collaboration with the Binance cryptocurrency exchange. Through this partnership, the threshold for cashback withdrawals is significantly reduced, allowing BigGo users to withdraw cashback in cryptocurrency, aiming to provide users with faster and more convenient transaction services.

How does Binance do it?

Binance Access operates on a B2B model, providing merchants, suppliers, and e-wallets with access to purchasing cryptocurrencies. Both new and existing Binance users can directly buy cryptocurrencies through merchants using Binance Access. Starting today, 7.5 million Taiwanese users of BigGo can withdraw funds in BUSD via Binance. BUSD is a USD-denominated stablecoin regulated by the New York State Department of Financial Services (NYDFS). Withdrawal functionality for BNB, the native token on Binance Chain, will also be enabled soon.

With this feature, BigGo users who have a Binance account can link it directly to their existing account. Those who have not registered a Binance account yet can request cryptocurrency withdrawals on BigGo, and the system will automatically set up a Binance account for them. Additionally, BigGo users can choose to earn interest on their assets in Binance Savings or engage in trading or cash withdrawals through the Binance exchange.

BigGo Taiwan's First Launch Service

This service was first launched in Taiwan, with plans to expand to Southeast Asia and Europe in the future. Kevin Yen, CEO of BigGo, stated, "By partnering with the world's largest cryptocurrency exchange, Binance, we provide instant, seamless cashback to BigGo's global users. As we expand our services globally, we face the issue of users not being able to withdraw cashback. By integrating Binance Access, BigGo users in Taiwan and worldwide can choose to withdraw cashback in cryptocurrency, accelerating BigGo's global market expansion."

Following the integration of Binance Access services, BigGo not only allows Taiwanese users to withdraw in cryptocurrency but also reduces transfer fees, increases transaction speed, and lowers withdrawal thresholds. For all users who complete transactions on cooperating e-commerce platforms on BigGo, the minimum withdrawal amount will decrease from NT$300 in cash to NT$30 in cryptocurrency (approximately $1 USD), with a bank transfer limit of NT$300 (approximately $10 USD).

Changpeng Zhao, Founder and CEO of Binance, stated, "Binance's vision is to facilitate the free flow of value globally. We are honored to empower enterprises to expand their global footprint through the resources of the entire Binance ecosystem. We hope that more companies can take BigGo's success as a reference and utilize the Binance ecosystem and cryptocurrencies to execute their global strategies."