Are you looking for a simple, secure way to earn while contributing to a growing decentralised finance (DeFi) ecosystem? Sargo offers you the opportunity to become a merchant, allowing you to earn on every stablecoin swap you facilitate. Whether you’re a crypto enthusiast or someone looking for new ways to generate income, becoming a Sargo merchant could be a game-changer.

In this post, we’ll walk you through the benefits of being a Sargo merchant, how to get started, and how you can maximise your earnings by being an active, responsive merchant.

What Does it Mean to Be a Sargo Merchant?

As a Sargo merchant, you act as a facilitator between buyers and sellers of stablecoins like cUSD, cKES, USDT, and USDC. Merchants enable these transactions in exchange for a commission on every swap they complete. Think of it as being the bridge between people who want to buy and those who want to sell stablecoins, using local currencies like Kenyan Shillings (KES).

With just 1 cUSD to get started, you can begin facilitating swaps and earning commissions almost immediately.

How to Earn on Every Swap?

The process is simple, and the earning potential is promising. Here’s how it works:

1. Sign Up as a Merchant:

The first step is to sign up on the Sargo platform. The process is straightforward and you’ll be verified within 24 hours. Once verified, you’re ready to set up your merchant account and start facilitating swaps.

2. Set Up Your Buy or Sell Offers:

Once your account is active, you can set up offers to buy or sell stablecoins. You can list your availability and the terms for the transaction, such as pricing and preferred payment methods. Sargo supports popular payment options like MPesa, KCB Bank, I&M Bank, and Equity Bank, giving you flexibility in how you manage your transactions.

3. Facilitate Swaps:

When a client matches with your offer, you’ll facilitate the transaction, funds are moved and held in escrow until both parties fulfil their part of the transaction. Once completed, you’ll receive a commission on every swap. Its up to you what price you charge. The more competitive you are, the more offers you will receive.

Maximise Your Earnings: Be Responsive, Be Active

At Sargo, we believe in rewarding merchants who go the extra mile. While facilitating swaps is the core way to earn, there are additional opportunities to increase your earnings:

1. Be Responsive: Sargo merchants who respond quickly to buy and sell requests often get prioritised in the system. By being proactive and responding to transaction requests within minutes, you can increase your visibility and the likelihood of being chosen for swaps. Faster responses lead to more transactions, which means more earnings.

2. Increase Your Swap Volume: Merchants with higher swap number of swaps can unlock additional rewards and bonuses. The more swaps you complete, the more likely you are to qualify for these special incentives. By staying active and completing multiple transactions daily, you can increase your earnings significantly over time.

3. Build a Strong Reputation: Merchants with positive reviews and a strong track record of successful transactions will have access to higher trade volumes. As you build your reputation on the platform, you may be able to offer larger swaps and earn more per transaction. We’re just getting going, so positioning yourself and building your reputation early is key.

Why Become a Sargo Merchant?

The benefits of becoming a Sargo merchant go beyond just earning commissions. Here’s why you should consider joining the Sargo merchant community:

• Low Barrier to Entry: You can start earning with just 1 cUSD. There’s no need for large investments or complicated setups—just a simple, straightforward way to earn.
• Flexible Payment Methods: Sargo supports local payment methods like MPesa and major Kenyan banks, making it easier for you and your customers to transact.
• Secure Transactions: Sargo’s escrow service ensures that stablecoins held in escrow can only be sent to the buyer / seller.
• Grow as You Earn: The more transactions you complete, the more opportunities you’ll unlock to access higher trade volumes and additional rewards.

Tips for Maximising Your Merchant Success

To ensure you get the most out of being a Sargo merchant, follow these simple tips:

• Stay Active: Check your account regularly and keep your availability updated so you don’t miss out on potential transactions.
• Turn Advert off: Turn your adverts off when not available so you don’t get notifications.
• Set Competitive Offers: By offering competitive pricing and fast turnaround times, you’ll attract more buyers and sellers.
• Communicate Clearly: Keep the lines of communication open with users who engage in swaps with you. Fast, clear communication can lead to faster transaction times and repeat business.

What’s Next for Sargo Merchants?

Sargo is constantly evolving, and our merchants will play a crucial role in the platform’s growth. Soon, we’ll be introducing new features that will further enhance the merchant experience. Keep an eye out for:

• Advanced Analytics: Track your transaction volume, earnings, and response times to better understand your performance and opportunities for growth.
• Merchant Leaderboards: Compete with other merchants and earn additional rewards for being a top-performing facilitator on the platform.
• Express Lane Access: The best merchants will have the option to get more clients / fees from Sargo’s Express Lane. 
• Exclusive Bonuses: Stay tuned for special bonus programs for merchants who maintain high swap volumes and excellent response times.

Ready to Get Started?

Sign up now to become a Sargo merchant and start earning commissions on every swap!