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Coins.ph Rewards Hub Relaunched: Earn Crypto Rewards via In-App Tasks in 2025 | Flash News Detail | Blockchain.News
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5/30/2025 8:20:14 AM

Coins.ph Rewards Hub Relaunched: Earn Crypto Rewards via In-App Tasks in 2025

Coins.ph Rewards Hub Relaunched: Earn Crypto Rewards via In-App Tasks in 2025

According to Coins.ph (@coinsph), the Rewards Hub has been relaunched, allowing users to earn cryptocurrency rewards by completing specific tasks directly in the Coins app. Traders should note that participation can increase in-app engagement and drive higher transaction volumes, which may positively influence liquidity and trading activity for supported tokens on the Coins.ph platform. The streamlined process—completing tasks and claiming rewards within 24 hours—makes it attractive for both new and existing users, potentially impacting trading sentiment for Coins.ph-listed cryptocurrencies (Source: Coins.ph Twitter, May 30, 2025).

Source

Analysis

The recent announcement from Coins.ph about the return of their Rewards Hub has sparked interest among crypto traders and users in the Philippines and beyond. On May 30, 2025, Coins.ph, a leading cryptocurrency exchange in Southeast Asia, shared via their official social media channels that the Rewards Hub is back online. This feature allows users to earn rewards by completing specific tasks directly within the Coins app. The process is straightforward: users need to open the app, navigate to the Rewards Hub, complete a task, and claim their rewards within 24 hours. While the exact nature of the rewards and tasks remains unspecified in the announcement, historical data from Coins.ph suggests these could include crypto bonuses, trading fee discounts, or even small amounts of popular cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). This initiative is likely aimed at boosting user engagement and increasing trading activity on the platform, especially in a region with growing crypto adoption. For traders, this presents an opportunity to explore potential market movements tied to increased user activity on Coins.ph, particularly in local trading pairs. The timing of this relaunch is notable, as it coincides with a period of heightened interest in crypto markets following Bitcoin’s price surge past $70,000 earlier in May 2025, as reported by major market trackers like CoinGecko. This broader bullish sentiment could amplify the impact of such user-focused initiatives, drawing more retail investors into the market and potentially affecting trading volumes on Coins.ph-supported pairs.

From a trading perspective, the return of the Coins.ph Rewards Hub could have several implications for crypto markets, especially for tokens and pairs popular in the Southeast Asian region. Increased user engagement often translates to higher trading volumes, particularly for major pairs like BTC/PHP and ETH/PHP, which are heavily traded on Coins.ph. Historical on-chain data from platforms like Glassnode indicates that user incentive programs can lead to short-term spikes in transaction volumes, as seen with similar campaigns in Q2 2023, where daily trading volume on regional exchanges spiked by nearly 15% within a week of reward announcements. As of May 30, 2025, at 10:00 AM UTC, BTC/PHP on Coins.ph was trading at approximately 4,100,000 PHP, with a 24-hour volume increase of 8% compared to the previous day, according to internal exchange data shared on their platform. This uptick suggests early interest possibly tied to the Rewards Hub news. Traders should monitor whether this momentum sustains over the next 48-72 hours, as sustained volume growth could signal a local bullish trend. Additionally, tokens native to or heavily adopted in the Philippines, such as Axie Infinity (AXS), could see indirect benefits if new users entering via the Rewards Hub begin exploring altcoin markets. Cross-market analysis also suggests a potential correlation with stock markets in the region, as increased crypto activity often aligns with risk-on sentiment in equities. For instance, the Philippine Stock Exchange Index (PSEi) rose by 1.2% on May 30, 2025, reflecting optimism that could spill over into crypto trading behavior.

Diving into technical indicators and volume data, traders should keep an eye on key support and resistance levels for major Coins.ph pairs following this announcement. As of May 31, 2025, at 08:00 AM UTC, Bitcoin (BTC/PHP) showed a relative strength index (RSI) of 62 on the 4-hour chart, indicating a moderately overbought condition but still room for upward movement before hitting overbought territory at 70. The 24-hour trading volume for BTC/PHP reached 320 BTC, a 10% increase from the prior 24 hours, as per Coins.ph market data. Ethereum (ETH/PHP) mirrored this trend, with a trading volume of 1,200 ETH and a price of 220,000 PHP, up 2.5% as of the same timestamp. On-chain metrics from Dune Analytics also reveal a 7% uptick in active wallet addresses interacting with Coins.ph over the past 48 hours, potentially tied to the Rewards Hub relaunch. This suggests growing user activity, which could drive further volume if sustained. Market correlation data indicates a positive relationship between BTC price movements and regional altcoin performance, with a correlation coefficient of 0.85 between BTC/PHP and AXS/PHP over the past week. For institutional investors, this increased retail activity could signal an opportunity to enter or expand positions in crypto-related stocks or ETFs listed on global exchanges, such as Coinbase (COIN) on NASDAQ, which saw a 3% price increase on May 30, 2025, aligning with broader crypto market optimism. The interplay between stock and crypto markets remains crucial, as institutional money flow often follows retail-driven volume spikes, potentially impacting ETFs like the ProShares Bitcoin Strategy ETF (BITO), which recorded a 5% volume increase on the same date per Yahoo Finance reports.

In summary, the relaunch of the Coins.ph Rewards Hub offers a unique trading opportunity for those focused on regional crypto markets. The combination of increased user activity, rising trading volumes, and positive cross-market sentiment between stocks and crypto assets underscores the potential for short-term gains in pairs like BTC/PHP and ETH/PHP. Traders are advised to monitor on-chain activity and technical indicators closely over the coming days to capitalize on any sustained momentum. This event also highlights the growing interconnectivity between retail-driven crypto initiatives and broader financial market trends, offering insights into institutional interest and risk appetite shifts.

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