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

Crypto offers differ in the crypto space. Some of the platforms offering cryptocurrency offers are Binance, KuCoin, and Huobi. They have some of the best offers in the crypto space. They have giveaways, bonuses, competitions with prizes, and other reward systems.

Introduction to Crypto Giveaways and Bonuses

Crypto giveaways are the events that are organized by platforms to gift their users with crypto. They are usually meant to incentivize users to continue playing their part in the platform’s ecosystem or promote new projects. They can also be used to revive old projects whose usage has dwindled over time.

Crypto bonuses come in different ways. They could be in the form of tokens, coupons, tickets, and such. They are also aimed at incentivizing users to play their part in a platform’s ecosystem. These bonuses may not be withdrawable sometimes, but they are meant to help the platforms’ users have more profitable activities. 

Some of the platforms with the best crypto offers have been discussed earlier on a Crypto.news post. This article will focus on the latest updates from three of the world’s best crypto exchanges: Binance, Kucoin, and Huobi. These exchanges offer great opportunities for users to access free funds. Below is more information on the exchanges and their offers.

Summary of Crypto Offers for June 2022

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

Binance

Binance is the largest crypto exchange by trading volume. At the moment, it claims to have a daily transaction volume that tallies to $75B. It has some of the most friendly features, including rewards programs. Let’s check what it is offering to its users in June 2022.

The exchange has a program to welcome new users that could earn them up to $9 for following several directives to familiarize them with the exchange’s features. 

Win a whole BTC coin for trading using the Binance card

It is also hosting a reward program that gives users a chance to win a whole BTC. This reward program is tied to its Binance card, where the participants are required to trade using it. It is also meant to incentivize users to trade with the card, as new ones will be more likely to win the prize. Five BTC coins will be dished out to five lucky winners chosen according to the rules.

Here are the tips on how to participate in the event:

The promotion also has its terms and conditions. Here is what the exchange expects from its users:

• This promotion only applies to users in EEA countries, except Germany, The Netherlands, and Binance Refugee Crypto Card holders.
• An eligible user is a user who applies for a Binance Card during the Activity Period, completes KYC verification and all other onboarding procedures for Binance Card, and fulfills their first transaction of at least 10 EUR equivalent with the Binance Card by 2022-06-30 23:59 (UTC).
• Five eligible users will be selected based on the Award Selection Rules Based on Binance Chain Hash Value to receive one Bitcoin in the token voucher.

Refer friends to share a $500K in mystery boxes

This event began on May 31 and will end on June 15, 2022. Its participants stand a chance at winning significant gifts like a whole BNB coin. Below is the process to follow while participating in it:

• Share your Lite Referral Link/ID with friends
• Invite friends to sign up and complete deposit & trade tasks
• Receive a Mystery Box from each task

It also has some rules which all participants must abide by to be eligible for the rewards.

Each referral must complete the following tasks:

1. Deposit more than $50

2. Trade more than $200

Completing a task will unlock a Mystery Box for both the inviter and referral. The deposit task must be completed first.

When referring friends, you must choose between the two referral modes (Lite Referral or Standard Referral).

 The Futures Grand Tournament

Binance holds a futures trading tournament where the winner will go away with $1.8M and become the futures Grandmaster. This event will go on for the next seven days.

Here are some of the rules that regulate the tournament:

• All Binance users must have their account Verified​ before registering for the tournament. Please register if you do not have a Binance Account;
• Sub-accounts will not be considered as individual participants. PNL and trading volume of sub-accounts will be combined with the master accounts’ standard PNL and trading volume in the final calculation;⋅
• All Coin-M and USDⓈ-M trading pairs are included in this tournament;
• The effective trading volume counts both buys and sells, excluding wash trades.
• Rewards are not mutually exclusive, and users can win multiple prizes as long as they meet the relevant terms and conditions;
• Each day refers to 00:00 AM to 00:00 AM on the next day (UTC);⋅
• Leaderboard ranks and results will be updated each day at 03:00 AM (UTC);

Learn more about its rules here.

KuCoin

Kucoin is a crypto trading platform that supports different trading options, including spot, derivatives, and methods of passive earning like staking. This exchange has some of the best rewards though some cannot be withdrawn but are meant to be used within the platform to make trading simpler and more profitable. 

Some of the available rewards were covered in a past article by crypto.news. Better check it out! This platform has prepared other rewards for its users for June 2022. Let’s discuss what it has to offer.

“DeFiChain: The post fintech revolution! $50K in DFI” 

This is one of the current offers on KuCoin’s Log. The event is held to celebrate the listing of DefiChain (DFI). Qualified KuCoin users will share the prize pool at the end of the event. 

The event is valid from June 2, 2022, to June 9, 2022, at 10:00:00 UTC. It has three activities, all with different reward limits. Here is how these events will go on:

Activity 1: DFI new user bonus (prize pool of $5K in DFI)

The rules of this competition are as follows:

1. Eligible only to users who never traded DFI before 10:00:00 UTC on June 2, 2022, on Kucoin.
2. Trade a minimum of 50 DFI on Kucoin through the campaign period.
3. All who hit the eligibility qualifications will share a prize pool of $5K worth of DFI.

Activity 2: Share a prize pool of $35K for ranking highly in the DFI trading competition

This activity will reward only the top 50 traders of DFI on Kucoin. The trades will be calculated for both buys and sells on the Spot markets, with the winners sharing a prize pool of $35K in DFI. Here is how the rewards will be shared among the winners:

Activity 3: Share a participation reward of $10K in DFI

The users who participate in the DFI trading challenges with a minimum of 100 cumulative DFI trades and add DFI/USDT or DFI/BTC to their favorite trading pairs within the trading campaign.

Key takeaways from the competition

1. The trading amount is calculated by adding both buy and sell orders.
2. SubAccounts and Main accounts will be treated as the same account to ensure that rewards are shared fairly.
3. Winners of Activity 2 won’t be eligible for Activity 3 rewards.
4. The top 10 winners of Activity 2 1ill be listed on June 7, 2022, before 1300 UTC, and the rest will follow in 5 business days.
5. The rewards for all activities will be distributed within 7 business days after the campaign ends.
6. The trading activities will be under rigorous inspection; therefore, it is best to play it safe.

Get a chance to win 153,190 WMT($45K) for participating in the WMT trading competition.

This event shows how KuCoin users support the Wolrd Mobile Token. It has a prize pool of $45K. The campaign period for this event is the same as the previous one. It stretches from June 2 to June 9, 2022. It has three activities too.

Activity 1: The net buying competition (Buy WMT and stand a chance to win 40K WMT prize pool)

Users who buy atleast 400 WMT during the campaign period will be eligible to share the prize pool.

 The calculation of the rewards for each user will be calculated as follows: ({Each User’s net buying amount/ all qualified users net buying volume} * 40K WMT

Activity 2: Win a share of $75K in the trading competition

This activity will reward the top 30 traders of the event. The trades will be calculated as a total of buys and sell orders. The rewards will be distributed this way:

Activity 3: share a reward pool of 38.19K WMT for participating in the trades

This reward will be shared among the users who complete the trades and satisfies the following requirements.

1. Add WMT/USDT as their favorite trading pair
2. Have a trading volume of over 600WMT
3. Follow World Mobile Token on Twitter

26,190 WMT will be equally shared among all qualified users, while the remaining 12K WMT will be shared among 200 randomly chosen users.

Key takeaways for the event:

1. The net buying amount = Buys- sells – withdrawals.
2. Trading amounts accounts for all sells and buys
3. Those who win in the activity 2 won’t be considered in activity 3
4. Sub-accounts and master accounts will be treated as one to promote fairness and equality in the competition.
5. The highest net buying amount for Activity 2 will be listed on June 7 by 13:00 UTC. The other listings will be done within five business days,
6. All users are urged to maintain proper trading ethics as the exchange will inspect the trades very closely and may disqualify anyone at its discretion.

The exchange also has other similar offers for different assets, including 

• $40K for H20 DAO trading competition,  
• 80K SLCL token prize pool trading competition
• A 50K USDT Optimism listing Carnival trading competition
• 20K USDT prize pool for the trading of LUNA, LUNC and OP perpetual contracts
• An upcoming Super Margin bonus for June or July
• An upcoming Rewards 2.0 Program.

Huobi

Huobi is another crypto trading platform that crypto.news has covered in an article detailing some of its offers. This platform is still hosting some of the best offers at the moment. Here is more information on what it’s offering to both new and old users.

WIn 50K USDT by participating in TradingBot’s Strategy ranking contest

This contest began on June 2, 2022, and will end on June 16, 2022, 20:00 (GMT +8)

It has three different events, each with rules to govern it. Here is how the events are being carried out according to the exchange:

Event 1: Kick-start, your grid trading bot, to get 5 USDT immediately

Rules:

During the event, participants who have created or cloned a grid strategy for spot trading for the first time will be rewarded with a point card worth $5. A total of $10,000 worth of point cards will be distributed on a first-come-first-served basis. 

Event 2: Take part in the Strategy Ranking Contest and win a share of the 35,000 USDT prize pool + CandyDrop coupons

During the event, participants will be using Huobi Trading Bot to create or clone grid strategies for spot trading. Participants will be ranked according to their scores, calculated based on their investment amount and strategy running time. The details of the rewards are as per the table below:

Score = funds invested * strategy running time

Note:

● The investment amount is based on the market price and denominated in USDT.

● The strategy running time is counted in days, with 24 hours a day. Running time less than 24 hours would not be counted as a day.

Users ranked lower in the 50th place will also be rewarded with $10 point cards if they have invested more than 200 USDT and ran their strategies for more than 6 hours. A total of $10,000 worth of point cards will be distributed on a first-come-first-served basis.

Event 3: Share the posters to win the 5,000 USDT prize pool

During the event, participants who have shared the event poster to any chat group that has more than 200 members (including but not limited to WhatsApp and Telegram), and submitted the screenshots as supporting evidence to the form in the following link, will be rewarded with a $10 point card. A total of $5,000 worth of point cards will be distributed on a first-come-first-served basis.

Prize distribution

• The exchange will release all rewards within 14 business days, after which the ones who won’t have received theirs should contact the online support.
• The exchange allows Huobi Point cards to lower trading fees but is valid for 3 days.
• Candy drop sure-win ticket and double-chance coupon can be redeemed against Candydrop new listings and are valid for 3 days from receipt. Such coupons are not transferrable and cannot be redeemed for cash. Coupons would be invalid after the expiry date.

The rules governing the event

Here are the rules governing the event as given by the exchange:

• Any deposits and withdrawals made via sub-accounts are counted as being made in the main account. 
•  Participants are required to complete ID verification. Failure to complete ID verification before the event ends will result in forfeiture of rewards.
•  Market makers are not eligible to participate in this event.
• Due to local regulation restrictions, this event is not available for users registered in the following countries or regions: Mainland China, USA, Canada, Japan, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Crimea, and Singapore.
•  Huobi Global reserves the right to amend or revise the terms of this event or cancel it at any time and for any reason without prior notice at its sole discretion.
• The above is for information purposes only, and Huobi Global makes no recommendations or guarantees in respect of any digital assets, products, or promotions on Huobi Global

Get upto 300%APY on WWY through Huobi Earn

Today, Huobi launched a deposit even for WWY. This event will offer its users high yield interests on the asset upto 1200 UTC, June 13, 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.

Log into the Huobi page and click the Finance tab to find Huobi Earn. Then you will find the offer listed and follow any instructions for the process to be successful.

The exchange also has other reward programs that are going on. Here are the alternatives that you could try:

• Get free candyBP airdrop for trading on the exchange. This event started on June 6 at 11:00 UTC and will end at 15:00 UTC on June 8, 2022. Users will be eligible for an airdrop once they hit a spot trading volume of $100 within 24 every 24 hours. Click here to participate, but it’s only supported in the mobile app version of the exchange.
• Earn up to 50% APY for holding assets in Huobi, valid till Tuesday, June 18.

This platform also has other general rewards like welcome bonuses and referral programs that could be great t check out. Ot also offers occasional rewards, so crypto enthusiasts should keep their eyes on it since it can be a great source of some free money to help invest in crypto assets.

Final Thoughts

Sat stacking, what is it? This is one of the best ways to accumulate wealth through cryptocurrencies. Here an investor buys a certain coin in small amounts over a long period. In the long run, they end up accruing a huge profit from their trades. Since it has been proven effective in investing in Bitcoin, why not try applying it to other assets?

To invest, one has to source money from somewhere. While it is great to invest using your savings money, it is better to look for more ways to acquire funds for investments. This will save on time spent making money first and make the investments larger, thus more profitable for the investor.

Some of the ways investors can source extra money are by using platforms that offer funds through promotions, bonuses, and giveaways. There are plenty of platforms that offer their users funds for free. These platforms include Binance, Huobi, KuCoin, Celsius network, and some digital payments card processing companies.

Such funds can play a huge role in developing crypto wealth since the assets in question are known to add value quickly over time. Users can also get involved in trading tournaments on crypto exchanges or other protocols like yield farming and staking, away from the funds offered through giveaways and such events.

These methods offer some of the best rewards to the investors, which could be used to acquire some assets. If an investor keeps such a strategy in mind, they end up making their trades more profitable since this time, they will be doing their usual activities while getting extra rewards. However, it is advisable to be cautious while using the crypto space. Learn how to DYOR; else, you might incur significant losses.