- Binance is conducting a SHIB promotion on its platform.
- It is giving away $100,000 worth of SHIB.
- This is divided into two specific promotions, $80,000 for one and $20,000 for the other.
The popular and beloved crypto exchange — Binance, made an interesting announcement recently. To highlight, the exchange says that it will be giving away $100,000 in SHIB to newcomers on the platform.
However, this SHIB giveaway for new joiners will only be available on a first-come-first-serve basis. In detail, the ‘welcome bonus’ will range from anywhere between 100,000 SHIB to 308,000 SHIB.
In detail, Binance is having two sets of promotions taking place between March 08, 2022, 8:00 AM (UTC) till March 21, 2022, 11:59 PM (UTC). The first promotion is in the form of welcome gifts to new users.
Specifically, this amounts to a welcome bonus that lies between $2.59 and $7.98. In particular, only users who use a special referral link will be eligible to get the welcome bonus of SHIB tokens.
Likewise, the second promotion will require users to complete tasks to share SHIB vouchers. To specify, those who click ‘Register Now’ on the activity page can accumulate a trading volume of $1,000 on eligible SHIB trading pairs.
In doing so, once they meet the requirement, they will share $20,000 in SHIB token vouchers. This means that Binance’s promotions will use $80,000 and $20,000 in SHIB respectively for its two promotions.
All Terms and Conditions to the event are available here on Binance’s announcement for the event. Interested parties should familiarize themselves with the fine print before joining the exchange’s latest SHIB event.
Presently, the price of SHIB is 0.00002439 and is up by 4.7% in the last 24 hours. Also, it holds a market cap of $13,393,510,676. Accordingly, it stands at rank 15 in terms of the total market cap according to CoinGecko.
