Over these years we’ve developed our Loyalty Program, here is how it works now: signing up as a customer you will earn cashback in SWAP for every operation made on our service. You can collect enough SWAP and upgrade your cashback subscription to receive BTC for every exchange. This way you can get up to 0.4% BTC cashback for your exchanges. So SWAP is a non-tradable utility token that serves as an internal currency for the SimpleSwap Loyalty Program.