Freezing the Norwegian Reward program
As you know, since our inception, the Norwegian Block Exchange has been a partner of Norwegian Air Shuttle’s Reward program, which has allowed you, our clients, to collect CashPoints while trading (NAS’s own digital currency) and use them for NAS services.
As of February 1st, it came to our knowledge that NAS had decided to freeze their reward program, which you can read more about on their website. Though this appears to be a temporary measure, it’s currently difficult to predict when they will re-open the Rewards program and make it possible for you to use CashPoints once again.
We’ve already received several messages from you asking what we have planned in light of this uncertainty. With your concerns in mind, we’ve decided to remove CashPoints from our Loyalty program, at least as a temporary measure. This doesn’t mean, however, that you suddenly won’t have accrue any rewards through trading with us. We’re actively working hard on ideas for replacements to CashPoints to improve our offering to you in this respect.
What will happen with my CashPoints I have earned with NBX?
If you’ve been collecting CashPoints in your NBX account, they will now be temporarily frozen. Even so, don’t worry. We respect what you have earned so that when we launch our updated Loyalty program, your CashPoints will be converted to something new and better.
We’d like to thank you for sticking with NBX as a valued client all of this time and we look forward to releasing updates on this and more down the road. Stay tuned to all of our updates through making sure to follow us on Facebook, Twitter, Linkedin, and Reddit. Follow our Medium blog, where we regularly release the high quality, analytically-focused Bitcoin content in the Nordics.