3 Platforms With Crypto Offers to Keep an Eye on in August 2022 – crypto.news

Fears of a recession are not the death knell for crypto investment. The sector is much bigger than just crypto coins. Crypto exchanges like Binance, Huobi, and Kucoin provide ‘free money’ via offers. Here are some of the latest offers from the exchanges.

Summary of Crypto Offers for August 2022

What Platforms Have Crypto Offers This Month, and How Do They Work?

Binance

The Binance crypto exchange has taken the world by storm. The exchange has gone from being a thorn in the side of regulators to being the most sought-after platform. It has emerged as a favorite among investors and government officials alike.

Binance has grown in terms and scope during the crypto winter. This comes as other crypto exchanges reduce their numbers and file for bankruptcy. It has added to the bear market’s loss of faith among crypto investors.

Binance has a variety of services, such as the world’s largest crypto-asset trading platform by volume. The entity is embraced by 90 million+ users from 180 countries and territories worldwide. The mission of the platform is to allow customers greater financial freedom.

It also has the most diverse range of cryptoasset services and products. Let’s have a look at what it has to offer its users before August 2022 expires.

Binance TikTok Challenge Worth a 500 USD or Swag Offer

Binance is hyped to announce its first platform campaign. It encourages investors to film how they employ Binance on TikTok in real life. The contest allows users to win $500 in BNB or Binance Swag!

Activity 1: Community Challenge

The Activity Period runs from August 1, 2022, 2:00 PM (UTC) to August 14, 2022, 11:59 PM (UTC).

How to enter:

• Follow #Binance TikTok 
• Create a high-quality “day in the life” style video that features how you include #Binance products from 1) day to night; 2) in the comfort of your own home, and 3) on-the-go. The video duration must be 0:30s to 1:00m and shot in vertical format. 
• The video has to be uploaded on TikTok. You may decide whether you wish to be visible in the video or not (i.e., not compulsory) using the hashtags #BinanceTiktok 

Prizes:

• Category 1: the first place winner (i.e., the user who submits the most creative entry) will win BNB worth $500 USD
• Category 2: the second to sixth place winners (i.e., users who submit the next 5 most creative entries) will each win a Swag Box (Swag Winners). Each of these Swag Winners will also receive BNB worth $50 USD. This if they additionally post an unboxing video of their Swag Box within 72 hours of confirmed receipt of the Swag Box.

Activity 2: Angels Challenge 

The Activity Period runs from August 1, 2022, 2:00 PM (UTC) to August 14, 2022, 11:59 PM (UTC).

How to Enter:

• Follow #Binance TikTok, Binance Campaign launch video – 1) Tag 2 other accounts to join and 2) Share launch video to Twitter 
• Create a high-quality “day in the life” style video that features how you include #Binance products from 1) day to night; 2) in the comfort of your own home; 3) on-the-go. The video duration must be 0:30s to 1:00m and shot in vertical format. 
• The video has to be uploaded on TikTok. You may decide whether you wish to be visible in the video or not (i.e., not compulsory).
• Share your video on TikTok using the hashtags #BinanceTiktok 

Prizes:

• Category 1: the first place winner will win BNB worth $500 USD
• Category 2: the second place winner will win a Swag Box (Swag Winner). This second-place winner will also receive BNB worth $50 USD. This is if he or she additionally posts an unboxing video of his/her Swag Box within 72 hours of confirmed receipt of the Swag Box.

Earn Wednesday Throughout August. New Rewarding Offers

Binance Earn presents to you a series of rewarding offers each Wednesday. Stay tuned for Earn Wednesday to get rewards across Savings, Staking, Liquid Swap, Dual Investment, and more. This is a general announcement by Binance. Products and services referred to here may not be available in your region.

Rules for the Rewarding Offers

• First-come, first-served basis;
• Once subscribed, users can view their assets by going to Wallets > Earn.
• Early redemption rulesSavings: Users can transfer part or all of their funds from Locked Savings to Flexible Savings before the lock period ends. But the funds transferred out will not generate interest from Locked Savings.
• Staking: Users can choose to redeem their assets in advance. After choosing early redemption, the principal will be returned to the spot account. Also, the distributed interest will be deducted from the refunded principal. Due to differing global time zones, it may take 48-72 hours to receive the tokens.

Binance Launches Auto-Invest 2.0: Grab Up to 10 BUSD in Vouchers!

This is a general announcement offered by Binance. Products and services referred to here may not be available in your region. The Promotion Period runs from: 2022-07-27 09:00 (UTC) to 2022-08-18 23:59 (UTC).

To mark the launch of the Auto-Invest 2.0, Binance has launched a giveaway. Here the first-time Auto-Invest users can share a rewards pool of up to 1,000,000 BUSD in token vouchers.

The first 100,000 new Auto-Invest users who successfully buy crypto via the same single or portfolio Auto-Invest daily plan for five consecutive days during the promotion period will qualify to each receive up to 10 BUSD in token vouchers. The token voucher rewards will be based on the below reward structure:

Tips offered by Binance:

• Users have to fulfill the first criterion of buying crypto via the same single or portfolio Auto-Invest daily plan for five consecutive days before completing the remaining tasks to qualify for a higher voucher amount. 
• The minimum reward received by each qualified user is 1 BUSD in the token voucher. If the user meets all of the stipulated criteria, rewards are capped at 10 BUSD in token vouchers per user. 
• Only Auto-Invest purchases with the same Auto-Invest plan count toward the aforementioned task requirements.

How to Get Started

• Step 1: Click on the [Join Promotion] button on the activity page.
• Step 2: Create a new Auto-Invest plan and start buying your favorite crypto.
• Step 3: Buy crypto successfully with the same Auto-Invest daily plan for at least five consecutive days to qualify for rewards. Ensure you have sufficient stablecoin balance in the Spot Wallet or Flexible Savings to guarantee successful consecutive day purchases.

Highlights of Auto-Invest 2.0

• Users may now automate their crypto purchases via Auto-Invest 2.0 more seamlessly.
• Start any Auto-Invest plan with only 1 BUSD, and buy crypto on a daily, weekly, bi-weekly, or monthly basis.
• Users may now view their Total Portfolio Profit and Loss directly on the Auto-invest product page.
• For those using the Binance App, tap on the “Trade” tab while using the Pro Mode, and select “Auto-Invest” on the top-pane.

Here are the Terms & Conditions cited by Binance

• All new Auto Invest users must have their accounts verified​.
• Users must click the [Join Promotion] to participate in the promotion successfully.
• The rewards are on a first-come, first-served basis, and a maximum of 100,000 eligible participants will each receive up to 10 BUSD in vouchers. 
• Auto-Invest purchases can be done using either the single Auto-Invest plan or the portfolio Auto-Invest plan.
• To assess users’ eligibility for tasks that require consecutive day purchases, each day runs from 00:00 (UTC) to 23:59 (UTС).  
• Rewards will be distributed within two weeks after the promotion ends. You can log in and redeem your voucher via Account > Reward Center.
• The validity period for the voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
• Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.

KuCoin

KuCoin is a crypto exchange that allows you to buy, sell, and trade cryptocurrencies. In addition to basic trading choices, the site offers margin, futures, and peer-to-peer trading. Users can also choose to stake or borrow their crypto in order to earn incentives. KuCoin’s fees are among the lowest of its competitors, making it an appealing alternative.

KuCoin was founded in 2017 in Seychelles. Since its inception, it has become one of the most widely traded cryptocurrency platforms worldwide. Now it has over 10 million users and serves more than 200 countries worldwide.

The Kucoin platform was created with investors in mind. There is 24/7 world-class customer service available in more than 20 native languages. Millions of people from across the world participate in the KuCoin Global Community.

KuCoin offers more than 600 different cryptocurrencies for users to buy, sell, and trade on their exchange. This exchange also has some great rewards, but some can’t be withdrawn. These rewards help users trade more efficiently and profitably on the platform. Here are some of their August offers.

KuCoin Futures Time-Limited ETH Bonus: An Exclusive ETH Prize Pool Worth $50,000 for Newbies

KuCoin Futures is giving away ETH bonuses, with an ETH prize pool worth $50,000 for all new users! Users who transfer funds to their Futures account can enjoy up to 1,200 USDT! Grab the limited-time benefits for Futures trading, and earn by going long or short! The event Duration runs from: 09:00:00 on August 5, 2022 – 09:00:00 on August 12, 2022 (UTC).

Event 1: New User Bonuses Up to $100 for Each!

Enable Futures trading to claim an airdrop bonus worth 5–100 USDT. In addition, Kucoin will randomly select 1,000 participating users who did not receive a real-time airdrop to receive a bonus airdrop after the event.

Event 2: Newcomers Bonuses to Share $50,000 of ETH Rewards!

During the event, users can receive an ETH trial fund worth $5. This is if the net transfer to their Futures account is ≥ 100 USDT and the trading volume is ≥ 2,500 USDT. Limited to 10,000 users. First come, first served!

Event 3: Transfer and Trade to Enjoy Up to $1,200 in Bonuses!

Additional transfer rewards are available to be claimed. Also, users can transfer funds to the Futures account to unlock greater rewards! The more you transfer, the greater the rewards. Each qualified user can earn up to $1,200 while stocks last. First come, first served!

These Are the Rules According to KuCoin:

1. Users who reach the net transfer requirements of the event will receive an additional 2 consecutive weeks of airdrops. KuCoin Futures will calculate and release the airdrops from the current week in accordance with users’ Futures asset snapshots after the end of the event. The snapshot will be taken at 16:00:00 (UTC) every Sunday. Users must also meet the minimum Futures trading volume requirements each week (Monday to Sunday).

2. Net transfer = Transfer-ins to Futures account during the event – Transfer-out from Futures account during the event.

3. Trading volume = Principal * Leverage. For example, if you open and close a Futures position with 50 USDT of principal and 10x leverage, your trading volume will be 1,000 USDT.

Share 6,000 USDT Prize Pool in KuCoin Win!

Here comes the KuCoin Win “Share Prize Pool” activity. KuCoin Win Team has prepared 6,000 USDT to give away. The activity Time runs from 6:00 am on Aug.5, 2022 – 6:00 am on Aug.15, 2022 (UTC). According to the ranking of bets in KuCoin Win during the activity, the top 100 users will share a bonus of 6,000 USDT.

Trade LDO, ANKR Perpetual Contracts, Win a Share of 20,000 USDT Rewards!

KuCoin Futures launched USDT-Margined LDO (Lido DAO) and ANKR (Ankr) Perpetual contracts at 08:00 on August 4, 2022 (UTC). To celebrate it, they will launch a campaign where users can trade the new two contracts to win a share of 20,000 USDT rewards! The event duration: 08:30 on August 4, 2022 (UTC) – 08:30 on August 11, 2022 (UTC).

Event 1: Enable KuCoin Futures Trading to Win a Share of a 10,000 USDT Airdrop.

Users who enable KuCoin Futures trading during the activity time can win an airdrop bonus of 5-20 USDT. If you didn’t receive a bonus, KuCoin Futures will randomly select 1000 lucky users to distribute the airdrop bonuses after the activity.

Event 2: Trade LDO and ANKR Contracts to Share a 10,000 USDT Prize Pool!

The top 20 users with the highest trading volume of the new two perpetual contracts on KuCoin Futures will win a share of a 10,000 USDT prize pool!

Huobi

Huobi Global is a crypto exchange that allows you to buy, sell, and trade supported cryptos. It also offers the option of staking or locking crypto in a pool to earn free crypto airdrops. Huobi Global supports nearly 350 different cryptocurrencies, which are being added regularly.

During the month, some of the greatest deals on this platform are available. Here’s more information about what Huobi has to offer both new and existing customers in August. Make the most of the discounts to recoup losses incurred during the crypto winter.

Trade LOVELY to Share 84 Billion LOVELY

With Huobi`s LOVELY promotion, investors stand to win a share of a prize pool of 84 billion LOVELY. Trade LOVELY on Huobi now and claim your rewards. The promotion period runs from: 12:00 (UTC) Aug 5, 2022 – 12:00 (UTC) Aug 12, 2022.

Users who trade LOVELY (spot trading) during the campaign period are eligible for a share of a prize pool of 84 billion LOVELY. This is based on their spot trading volumes.

These are the Terms and Conditions as stated by Huobi:

• Participants are required to complete ID verification. Failure to complete ID verification before the campaign ends will result in the forfeiture of rewards.
• Users from the following countries or regions are not eligible to participate in this event: Mainland China, the United States of America, Canada, Singapore, Japan, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, and Crimea.
• Trading volumes in sub-accounts will all be credited to the respective parent accounts for final calculations.
• Market makers are not eligible to participate in this event.

Enjoy Up to 300% APY on KOK With Huobi Earn

Huobi Global will be launching deposit events for KOK. Make your deposits to earn high-yield interest! Launch Time: 12:00 (UTC) on Aug 4, 2022. End Time: 12:00 (UTC) on Aug 11, 2022.

• Tokens earned in the event will be distributed in the same type of tokens deposited.
• Rewards and the deposited tokens will be unlocked and sent to participants’ exchange accounts 1 day after the deposit period ends.

Final Take

Warren Buffett has long advised investors to be “fearful when others are greedy, and greedy when others are fearful.” The lesson crypto enthusiasts have drawn from this advice is that they should invest in the last months of 2022. This is a fantastic opportunity for investors to take advantage of Crypto Bonuses and Offers.

The current crypto market downturn has demonstrated the need for a substantial and varied crypto portfolio. Many crypto investors have lost a lot of money in previous market declines. This draws attention to what blockchain technology may or may not be able to accomplish.

Meanwhile, Binance, Huobi, and KuCoin all have advantageous crypto bonuses and earning possibilities.