Crypto exchange Binance is exploring creative ways to engage and attract new users. The exchange is running a promotional giveaway that includes distributing Shiba Inu ($SHIB) tokens worth $100,000 for free to the new users who will register with the exchange before March 21st, 2022.
Binance All Set To Attract New Users Via A Shiba Inu Crypto Giveaway
As per the official announcement, leading cryptocurrency exchange Binance is running a promotional offer that includes giving free Shiba Inu tokens to new users.
The announcement states that each new user will be eligible to receive up to 308,000 $SHIB tokens on a first come first serve basis. The users will have to register themselves using a referral link provided on the website to avail the said giveaway offer. The promotional free SHIB giveaway is slated to run till March 21st.
Along with this, the exchange is also running another promotional giveaway that includes “accumulating a total trading volume (including both buys and sells) of at least 1,000 USDT equivalent across eligible SHIB spot trading pairs.” The latter promotional giveaway will reward users in sharing a $20,000 prize pool in SHIB token vouchers.
The exchange further added that the users are required to complete their KYC through the referral link provided on the website to avail of the promotional offer. Moreover, participants interested in the second giveaway will be allowed to trade in Shiba Inu’s SHIB/USDT, SHIB/BUSD, and SHIB/DOGE trading pairs to earn the promotional reward.
Shiba Inu, being one of the most popular cryptocurrencies inspired by the meme culture, was listed on Binance in May. Later on,Binance.US, which is a subsidiary of Binance, launched Shiba Inu trading in September. The cryptocurrency has also recently received support from Wirex, a global digital payments platform hosting nearly 4.5 million users.