KakaoPay Securities Offers Benefits for Transferring Stocks from Other Brokers
Up to 10 Million Won Cash Reward
KakaoPay Securities announced on May 13 that it will be holding a "Stock Transfer Event" from this month until the 30th of next month.
The event is open to users who transfer stocks held at other securities firms to KakaoPay Securities. Regardless of the transfer amount, users who complete the stock transfer will be eligible for a random draw to receive a cash reward of up to 10 million won. Both domestic and overseas stocks are included in the transfer total, and exchange-traded fund (ETF) products tradable on KakaoPay Securities are also eligible.
There are also additional benefits based on trading performance after the transfer. Users who trade a combined total of at least 3 million won in domestic and overseas stocks within 60 days from the transfer date will receive additional cash rewards based on the transfer amount bracket. The brackets are as follows: ▲1 won or more: 100 won ▲1 million won or more: 1,000 won ▲5 million won or more: 5,000 won ▲10 million won or more: 10,000 won ▲20 million won or more: 20,000 won. Transactions through stock accumulation, gifting, and rewards are excluded from the trading volume calculation.
Event rewards will be credited to the participant's comprehensive account at KakaoPay Securities on the day after the stock transfer or trading mission is completed.
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A KakaoPay Securities representative stated, "The main feature of this event is that users can receive cash benefits simply by transferring stocks, without any requirements for holding period or minimum amount, lowering the barrier to participation. We will continue to offer various benefits so that users can start their new investment experience with KakaoPay Securities."
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