Cryptocurrency exchange KuCoin has announced new promotions to celebrate the launch of Ethereum ETF. They are giving users the chance to share a $111,100 prize pool. The event is called "ETH ETF Launching Carnival" and it goes from July 23 to August 9, 2024. There are seven different activities for traders and investors to join.
Key highlights of the promotion include:
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No trading fees on some Ethereum ecosystem tokens for spot and margin trades until August 7.
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One hour without interest for borrowing ETH in margin trading every day from July 24 to August 7.
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A lucky draw with a $100,000 prize pool for users who trade certain spot pairs.
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Contest for predicting ETH/ SOL, giving out prizes every day and a big prize amounting to $10,000 at the end.
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New user bonuses give rate-up coupons worth up to 1,000 USDT for early Earn users who stake ETH.
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An ETH staking competition with rewards up to 500 USDT for top participants.
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A campaign on Twitter for social media, where users can win FLOKI tokens.
The promotion's goal is to increase trading activity and engagement with KuCoin’s different products, such as spot trading, margin trading, and staking services. With the new launch of Ethereum ETFs being an important moment for the cryptocurrency world, KuCoin plans a carnival-style event to take advantage of this rising interest in Ethereum and its network. Users who are interested can sign up for the exchange directly from our KuCoin review.
Traders and investors who want to join need to look at the terms and conditions for each activity closely, since there are special time limits and rules about who can take part. The exchange tells users they should move fast because some rewards go to those who come first.