Walmart joins StormX and offers crypto cashback

The StormX platform will now allow its users to earn money in cryptocurrency when shopping at Walmart.

As announced on August 14 by Cointelegraph, StormX users can now earn up to 4% cryptocurrency cashback for purchases at Walmart. Users who achieve the rank of "Diamond" can earn up to 14%. Simon Yu, CEO of StormX, said he believes this partnership with Walmart will introduce new users to the crypto world.

"As the world's only cryptocurrency cashback program for Walmart, we are confident that users will take advantage of the rewards program to earn their favorite cryptocurrency while shopping at their favorite store."

According to the announcement, Walmart is the latest addition to more than 650 StormX partners, which already includes companies such as Microsoft, eBay, Nike, Adidas, Target, Dell and Samsung. StormX reports that it has already distributed over $2 million to its users.

In June, Walmart's China subsidiary partnered with VeChain, a blockchain-based supply chain management platform, to create a food tracking system. In early March, Walmart also joined the Hyperledger blockchain initiative.