Several crypto exchanges and trading platforms have launched promotional campaigns to lure investors following the sharp selloff in the cryptocurrency market. Campaigns such as these are designed to attract investors to support declining trading volumes amid steep drops and rising regulatory concerns.
For information about their giveaways for crypto users, we reached out to various exchanges. This is the complete information about all the exchanges:
OKX
For Asian participants, OKX, the second-largest crypto exchange in the world, will give away $3 million as part of its Asia Lunar New Year promotion.
Included in the list are Bhutan, Brunei, Cambodia, India, Indonesia, Japan, South Korea, Laos, Maldives, Mongolia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Thailand, Timor-Leste (East Timor), Vietnam.
Referring a friend to start trading on the platform is part of the contest for OKX users. Both the user and the referral will receive 25 USD red packets from OKX, which contains 30,000 SHIB and 24 USDT rebate cards.
Participants will also share the $3 million pot giveaway at the end of the promotion, with the participant who refers the most users winning a Tesla.
ZebPay
Traders can redeem a cashback of Rs 100 using the coupon code ‘ZEBPAY100’ when they complete their first trade on the exchange.
ZebPay also offers the Fortune Club, where users can win iPhones and bitcoin for following the exchange’s social media channels. ZebPay also hosts regular trading challenges that reward top traders.
Mudrex
Inculcating a long-term approach to investing in cryptocurrencies, Mudrex has launched a campaign that rewards investors with up to $1,000 in free rewards when they invest through the Mudrex wallet.
With an investment of more than $1,000, users will get a scratch card with guaranteed rewards of up to $1,000 in free crypto, while with an investment of more than $500, users will receive a scratch card with guaranteed rewards of up to $500 in free crypto. Meanwhile, an investment of more than $100 will entitle you to a scratch card with guaranteed rewards of up to $20.
Giottus Crypto Exchange
The exchange offers rewards to new customers who complete registration and KYC on the platform. Promo codes can be used to redeem crypto worth up to Rs 75. With ‘Spin and Earn’, customers can try their luck with a spinning wheel for free cryptocurrencies on sign up, as well as for social engagement and referrals.
Belfrics
Belfrics Group, a blockchain company and crypto exchange, is giving away free bitcoin worth Rs 100 to their first 50,000 customers after completing KYC.
Defy
Defy, a Fintech startup in the crypto space, has launched an activation campaign with CRED that gives its users the chance to win Bitcoin worth Rs 100 on their transactions with Defy. Ethereum worth Rs 1,000,000 will be given away to one lucky winner. The campaign started on January 27 and will remain active till FebruaryOn January 27, the campaign began, and it will end on February 3 2022.
Educational Campaigns
Crypto trading platforms like WazirX and CoinDCX are running crypto education campaigns for newbie investors.
According to the exchange, the WazirX Blockchain Course was launched in early January 2022 to educate investors, with more than 16,500 sign-ups having spent 935,886 minutes learning about blockchain.
Also, CoinDCX is educating investors through its campaign DCXlearn, which offers free cryptocurrency and blockchain courses at two levels – beginner and intermediate – with certification.