Binance, the world’s largest crypto exchange by trading volume, has announced the launch of a $100,000 in Shiba Inu (SHIB) tokens giveaway.
The exchange shared the news with the teeming Shiba Inu community members a few hours ago. According to the report, SHIB holders on its platform have limited time to claim the offer.
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Binance tweeted, “Limited-Time Offer: Claim Your Share of $100,000 in SHIB.”
Limited-Time Offer: Claim Your Share of $100,000 in @Shibtoken $SHIB!
➡️ https://t.co/BsY7nObony pic.twitter.com/9EEdhcoVgJ
— Binance (@binance) March 8, 2022
Detail of the $100,000 Giveaway
As shared by Binance in a blog post, the promotion period is between 2022-03-08 08:00 AM and 2022-03-21 11:59 PM (UTC).
Promotion A will see a total of $80,000 in SHIB tokens distributed as welcome gifts for new users: All new users that register for a Binance account via this referral link during the promotion period will be qualified to receive a welcome gift, which is a guaranteed share of $80,000 in SHIB tokens.
According to the exchange, the welcome bonus comes in value ranging from 100,000 SHIB to 308,000 SHIB, to be claimed on a first-come-first-served basis.
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While promotion B will see a total of $20,000 in SHIB token vouchers distributed among users that complete tasks: All users who click the (Register Now) button on the activity page and accumulate a total trading volume (including both buys and sells) of at least 1,000 USDT equivalent across eligible SHIB spot trading pairs will be qualified in sharing the $20,000 prize pool in SHIB token vouchers.
Reward Calculation: The reward for each qualified user = (Each user’s total effective trading volume / All qualified users’ total effective trading volume) * $20,000 in SHIB token vouchers.
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