Binance Incentives Doge Trading, Offers $100,000 Through a “Collect and Win” Promo

Dogecoin has had an incredible month of ups and downs this April; the coin still boasts a healthy 6x in a very short period of time. Now Binance is launching a “collect and win” competition for the coin, inviting users to capitalize even further on this runaway success story.

By
Robert D. Knight
on
April 26, 2021
Category:
Blockchain News

Collect and Win

Binance has invited its users to collect four dogecoin-related puzzle pieces to unlock a final dogecoin meme. Those who successfully collect all puzzle pieces will win a share of a $100,000 prize pool of DOGE. 200 winners will each collect $50, with 20 winners collecting a significantly bigger prize of $20,000 each. All other participants will share in the remaining $70,000 prize pool, meaning that absolutely no one who participates will leave empty-handed.

Source

To qualify for entry users must complete one of the following tasks:

  • Complete a trade of at least 100 USDT in DOGE/USDT spot or margin trading pairs.
  • Complete a trade of at least 100 BUSD in DOGE/BUSD spot or margin trading pairs.

Following the completion of this trade users will be invited to complete various activities. With each completed activity the chance of receiving one of the four DOGE puzzle pieces increases - including by sharing the competition on social media. Competitors are also invited to exchange, swap, and share their completed pieces with other competitors, increasing the social aspect of the competition.

The dogecoin “collect and win” competition is open now and ends on April 28th 11:59 PM (UTC). The full list of entry conditions is available here on the Binance site.

The DOGE Meme

Dogecoin is one of the older cryptocurrencies in circulation, launched by Billy Markus in 2013 and based on the Shiba Inu meme which was popular at that time. For much of its existence, dogecoin has done very little of note, but it has enjoyed a rebirth thanks to free and sustained publicity from billionaire Elon Musk, who has taken an interest in the fortunes of this memecoin crypto.


There is little indication as to why the billionaire founder of Tesla and Space X would take such an interest, but perhaps he sees a kindred spirit in the eccentric Shiba Inu.

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Robert D. Knight

Robert D. Knight is an experienced journalist and copywriter who has been working in crypto for 4+ years. His bags are heavy and he also hodls some cryptocurrency.