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Author: Admin | 2025-04-28
Reddit has partnered with FTX to enable users to pay gas fees on transactions using Community Points. As a result of the partnership, FTX Pay will be integrated as a cryptocurrency exchange service, enabling new benefits for Reddit Community Points. Reddit’s new move is similar to Twitter’s decision to integrate a blockchain rewards system with the introduction of a Bitcoin tipping feature earlier this year. This article will teach us how to get ETH in the Reddit vault with and without FTX.Table of ContentsWhat are Reddit Community Points?What is the Distribution Process of Community Points?What is a Reddit Vault?How to Create a Reddit Vault?How to get ETH in Reddit Vault using FTX?How to get ETH in Reddit Vault without using FTX?How to find the Public Address of Reddit Vault?ConclusionFrequently Asked Questions (FAQs)What are Reddit’s Collectible Avatars?Why did Reddit Choose Polygon for Collectible Avatars?How can artists benefit from the Collectible Avatars?How can a user delete his Reddit Vault?Why are some users not able to see Reddit Vault option?What are Reddit Community Points?Reddit Community Points are a way for Redditors to represent that they own a piece of their favorite communities. These points are earned by contributing to the community by creating content and moderating.These points represent ownership and reputation within the community and can also be used for community governance, moderation, and unlocking premium features. Each community has its own points that can be customized with its name, symbol, distribution rules, and uses.These points are now available on Arbitrum Nova, i.e., a scaling network on the Ethereum mainnet. Arbitrum Nova uses AnyTrust technology which provides an energy-efficient solution. These Community Points are managed by 3 smart contracts, i.e., SubredditPoints.sol, Subscriptions.sol & Distributions.sol.Initially, Reddit has implemented Community Points on two subreddits, i.e., Moons on r/Cryptocurrency with 5.3M members and Bricks on r/FortNiteBR
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