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Gift points are like rewards on Prestmit. Users will receive rewards for performing certain actions and carrying out transactions within the platform. Users can also be rewarded with points manually by Prestmit.
In turn, users can redeem these gift points for real money. Continue reading to learn more.
About Gift Points Wallet
Every user has a gift points wallet which can be accessed by going to Wallets > Gift Points. If you are using the mobile app and you can't see this, it means you need to update your app.
The wallet shows your gift points balance, your gift points history (which includes gift points you've earned and redeemed), and the option to redeem the gift points for cash.
How to Earn Gift Points on Prestmit
You can grow your gift points balance through various activities on Prestmit. Here’s how:
Gift Card Transactions: Earn 1 gift point for every 20 naira. For transactions in other currencies, the Naira equivalent is used to calculate your points.
Crypto Transactions: Earn 10 gift points for every dollar traded.
Account Sign-Up: Get 2,000 gift points just for signing up on Prestmit.
KYC Completion: Receive 3,000 gift points when you successfully complete your KYC.
Referrals: Invite others to join Prestmit and get 2,000 gift points when they successfully carry out a transaction
Special Rewards: Occasionally, admins may manually reward you with gift points, for example, if you win a giveaway.
Whenever you earn gift points, you will be notified and you will also see it in your gift points wallet history.
We will also keep adding more ways to earn gift points and inform you in the future.
Redeeming Gift Points For Cash
You can always redeem your gift points balance to your Naira or Cedis wallet.
At the moment, 10 gift points = 1 Naira or the Cedis equivalent. Meaning, if you have 20,000 gift points, you can redeem it for 2,000 Naira to your Naira wallet, or the cedis equivalent to your Cedis wallet.
There’s a minimum amount of gift points you can redeem. You will see this on the gift points redemption page. This means, if minimum redeemable gift points amount is 10000, you won't be able to redeem less than 10000 at a time.
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If you have any more questions, feel free to contact our support.