• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Blockchain
  • Bitcoin
    featured

    A starter guide to Bitcoin Options trading

    crypto policy

    Crypto Confusion and Problematic Policies of buying cryptocurrencies

    crypto gpu mining

    Cryptocurrency Trend: How GPU Shortage Is Affecting The Mining?

    keep bitcoin safe

    Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

    featured image

    A Beginner’s Guide to Bitcoin futures trading

    crypto traders 2021

    Top 5 Crypto traders to follow on Twitter in 2021

    featured image

    Bitcoin IRA – Everything You Need to Know

    featured image

    How Bitcoin can be hacked?

    Featured Image

    With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

    Trending Tags

    • Altcoin
    • Crypto Lists
    • Crypto Market
    • Guide
    • NFT
    • DEFI
    No Result
    View All Result
    • Blockchain
    • Bitcoin
      featured

      A starter guide to Bitcoin Options trading

      crypto policy

      Crypto Confusion and Problematic Policies of buying cryptocurrencies

      crypto gpu mining

      Cryptocurrency Trend: How GPU Shortage Is Affecting The Mining?

      keep bitcoin safe

      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

      featured image

      A Beginner’s Guide to Bitcoin futures trading

      crypto traders 2021

      Top 5 Crypto traders to follow on Twitter in 2021

      featured image

      Bitcoin IRA – Everything You Need to Know

      featured image

      How Bitcoin can be hacked?

      Featured Image

      With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

      Trending Tags

      • Altcoin
      • Crypto Lists
      • Crypto Market
      • Guide
      • NFT
      • DEFI
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Uncategorized

      TOP-5 Competitions on Cryptocurrency Exchanges

      Hitesh Malviya by Hitesh Malviya
      March 7, 2019
      in Uncategorized
      0 0
      0
      Competitions on Cryptocurrency Exchanges

      Competitions on Cryptocurrency Exchanges

      55
      SHARES
      68
      VIEWS
      Share on FacebookShare on Twitter

      There is serious competition among crypto exchanges. Therefore, each platform is trying by any means to attract the trader.

      Developers list more tokens on the exchange, reduce transaction costs, and speed up the system in order to attract users. One of the most common methods of attracting traders is to hold competitions where a user with the highest trading volume within a certain period wins. In this article, we decided to recall the most interesting competitions that have been or are held at cryptocurrency websites.

      Lamborghini Huracan Giveaway

      On the occasion of New Year holidays, developers of the largest cryptocurrency exchange Binance decided to raffle off a racing supercar between traders. The giveaway was sponsored by Monaco project (MCO) which allows you to store your token on a Visa card.

      In order to win, you had to have the largest trading volume of this coin on Binance exchange. The trader who took the 2nd place received 4000 MCOs (about $11000), for 3rd place – 1500 MCOs (approximately $ 4000).

      Helicopter for trading

      Not so long ago, OKEx exchange held a competition to promote the Perpetual Swap cryptocurrency derivative. Derivatives are a complex financial tool that allows you to trade futures and forecast a rate using a swap. Futures are used to sell assets at a fixed price in the future which is especially relevant in the cryptocurrency world. The swap is necessary to predict whether the rate of the token will rise or fall in the future.

      The trader who had the highest volume of trading in derivatives could win a helicopter. Top-30 derivatives traders received between $300 and $3000.

      A trip to the Maldives from a crypto exchange

      Bibox exchange was giving away $300000 among the largest traders on November 19-25th 2018. But the most interesting thing is that the exchange also was giving away trips to the Maldives in own online-lottery. There was also a possibility to from 1 BIX ($0.15) to 50 BIX ($7.5).

      Referral games… the strongest will survive

      The founders of Estonian exchange p2pb2b have decided to hold a competition where you can win a great amount by inviting new users to the platform. Referral games actually work as a referral program but have quite interesting rules.

      The games are held in seasons, the 2nd season was recently closed. $10 000 in XRC currency was raffled off between traders. The winner got approximately $3800. All participants received a 50% discount on a transaction cost.

      They say, that soon the next season will start.

      Money made of air

      In summer 2019, BitForex exchange has a competition related to the futures that were recently introduced at the platform. Each trader received a demo-account equal to 1.8 mln USDT in order to buy demo-futures. Everyone who participated in the competition on this derivatives trading simulation automatically joined the giveaway of 1 million BF Tokens ($ 20000), 50000 ELF ($ 8000), 300000 ACT ($ 3000) and 300000 KCASH ($ 1500).

      Conclusion

      Healthy competition among cryptocurrency exchanges encourages their founders to come up with new ways of attracting users and increasing their loyalty through competitions. Sometimes it is not even necessary to have a large turnover on the exchange to get bonuses. For example, on p2pb2b you can get a discount on transactions for inviting a user, and on the Binance exchange, you can get 20% of the commission from each transaction of your referral.

      Hitesh Malviya

      Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
      Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: biggest crypto exchangesCompetitions on Cryptocurrency ExchangesCrypto exchangecryptocurrency volumecryptoexchangestop crypto exchangestop crypto exchnage
      Share52Tweet1Share1

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      Top 5 IEOs

      TOP 5 IEOs by ROI in USD

      by Hitesh Malviya
      September 11, 2019
      0

      The first I heard about IEO when Binance launchpad announced the token sale of BitTorrent in starting of the year....

      bitcoin cash price prediction

      Bitcoin cash Price prediction: to hit 350$ by next week

      by Hitesh Malviya
      May 7, 2019
      0

      Bitcoin Cash is getting all attention to what it needs lately. Bitcoin cash benefitted the most from BCHSV Delisting Chaos....

      Cryptocurrencies infographics

      33 Cryptocurrencies Described In Four Words Or Less {Infographics}

      by Hitesh Malviya
      April 17, 2019
      0

      Cryptocurrency is the new exciting technology at present which is poised to disrupt the way the financial transactions take place....

      Wyoming leads blockchain charge in U.S., Colorado Follows Suit

      Wyoming leads blockchain charge in U.S., Colorado Follows Suit

      by Hitesh Malviya
      March 14, 2019
      0

      Blockchain technology, especially in the form of cryptocurrencies and digital assets, is already extremely popular and widely used across the...

      Litecoin To Hit 3-Digit Value By August 2019?

      Litecoin To Hit 3-Digit Value By August 2019?

      by Hitesh Malviya
      March 8, 2019
      0

      Do you think it is an impossible scenario seeing Litecoin, the fifth most popular cryptocurrency, going from its current price...

      Load More

      About Us

      We curate the best cryptocurrency projects with the intention of adding value for investors through the process of selecting, organizing, and looking after different projects available in the cryptocurrency market.

      • Trending
      • Comments
      • Latest
      Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

      Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

      March 26, 2021
      Top 10 Low Cap NFT Crypto Projects to Invest in 2021

      Top 10 Low Cap NFT Crypto Projects to Invest in 2021

      April 9, 2021
      TOP 20 DEFI

      Top 20 DeFi Crypto Projects to Invest in 2021

      April 8, 2021
      Top 10 NFT Crypto Projects You Should Know

      Top 10 NFT Crypto Projects You Should Know

      March 12, 2021
      hidden gems crypto

      Top 5 Hidden gems Crypto In The Market

      March 13, 2021
      featured image

      Top 10 Low market cap altcoins to invest in 2021

      March 8, 2021
      top altcoins april

      Top 10 Altcoins to buy in April 2021- Part 1

      April 7, 2021
      corra finance

      Corra.Finance: The Next Big Thing in NFT

      April 16, 2021
      Top 4 Cryptocurrency Brokers You Should Know About

      Top 4 Cryptocurrency Brokers You Should Know About

      April 16, 2021
      Top 20 Cryptocurrency debit and credit cards

      Top 20 Cryptocurrency debit and credit cards

      April 15, 2021
      featured

      A starter guide to Bitcoin Options trading

      April 14, 2021
      Everything you need to know about Unstoppable Domains

      Everything you need to know about Unstoppable Domains

      April 13, 2021
      upcoming token sales

      Watch out for These Top 5 Upcoming Token Sales

      April 12, 2021
      DEX Comparison: Uniswap Vs Venus Vs PancakeSwap

      DEX Comparison: Uniswap Vs Venus Vs PancakeSwap

      April 11, 2021
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        13631 shares
        Share 5452 Tweet 3408
      • Top 10 NFT Crypto Projects You Should Know

        5119 shares
        Share 2029 Tweet 1268
      • Top Ten Altcoins You Should Buy in February 2021 – Part 1

        4195 shares
        Share 1678 Tweet 1049
      • Top 10 Low market cap altcoins to invest in 2021

        3750 shares
        Share 1512 Tweet 933
      • Top Ten Altcoins You Should Buy in February 2021 – Part 2

        3541 shares
        Share 1416 Tweet 885
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • About US
      • DEFI
      • Home
      • Index Test
      • Newsletter
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.