What CEX events are worth participating in?

[Crypto_Potato]

Do any of you guys randomly take advantage of events some CEXs have? I had to use one new exchange to trade my DOGS days ago and since then I've been using the exchange just because of some stupid check in rewards 😭🙏

To be fair they are giving me free DOGS and it feels like I'm falling for their marketing gimmick but I don't mind haha. CEXs can have good stuffs sometimes among all the murky marketing and all

[JISAN]

Do any of you guys randomly take advantage of events some CEXs have? I had to use one new exchange to trade my DOGS days ago and since then I've been using the exchange just because of some stupid check in rewards 😭🙏

CEX has a chance to get good amount of rewards from various events but it requires a lot of tricks.  Not everyone is eligible for these events. And those who are ineligible are rewarded with huge amounts. I won 38k Dogs from bybit's Dogs event but haven't received payment yet and expect to get them in wallet in just 2 days. Because their rules were to distribute rewards within 5 working days of the event. Again got 20k Dogs free from Binance from their Deposit event

To be fair they are giving me free DOGS and it feels like I'm falling for their marketing gimmick but I don't mind haha. CEXs can have good stuffs sometimes among all the murky marketing and all

It is definitely a market strategy through these events they get a lot of new users or new accounts. Because their events are only applicable for newly registered accounts

[ABCbits]

Since i would rather not giving my personal data to all CEX out there, the main criteria would be event which hosted by CEX that i'm already registered with. Aside from that, i definitely would take advantage of such event if,
1. I already have plan to make trade or exchange which match the event.
2. The event doesn't require tons of money to be traded or deposited.

[Zed0X]

The daily check in rewards seems like the recent trend even in online retail apps. The promo definitely makes you come back more often and see items that are on sale Anyway, just be ready to get out because it's still CEX and they control the funds you deposit there or the rewards you accumulate.

[SamReomo]

Well, I used to avoid those CEX events but from last few days I'm also into it and I believe the rewards that we earn by participating in those events are quite awesome. Especially for someone like me who trades on daily basis.

I guess, it's a great opportunity for day traders to earn some rewards plus the profit that they make from the trades. For me it's more like a win-win situation and I never miss those rewards. Recently I got a voucher of $100 with 10x leveraging and that's quite awesome I guess!

[Aanuoluwatofunmi]

Centralized exchanges mostly offers for their promotion plan in other to engage their committed users by performing some tacks, we have to stay updated on some of tier news updates and communication channels on their platform and the social media in other to have a chance of participation, its also important that we read by going through some of these events because they also have their targets as well as what they require form anyone interested for participation.

[electronicash]

its a CEX, it definitely would be asking you KYC. 
if its that easy to gets users into and exchange, the government can create a lot of them like FTX to collect everyone and launch any kind of memecoins easy to mine just to get the data of those users. telegram mining especially. they only need to verify thru the KYC.

but iff you already have submitted documents, just take advantage everything you can get, you never know you may become millionaire thru it.

[joniboini]

To be fair they are giving me free DOGS and it feels like I'm falling for their marketing gimmick but I don't mind haha. CEXs can have good stuffs sometimes among all the murky marketing and all

How much do they give you? What about the TOS? I don't think I've seen a CEX events with reasonable rewards for small traders. Even if they offer great prize with little to no effort from us, most of the time they use RNG and limit the winner to a significantly small number. Even trading competition usually rewards little to none. I don't think CEX events are worth anything as mentioned above unless you can find where the requirements don't require any KYC, a large capital, or highly intensive task for $10 or less.

[Sarionadukecom]

Do any of you guys randomly take advantage of events some CEXs have? I had to use one new exchange to trade my DOGS days ago and since then I've been using the exchange just because of some stupid check in rewards 😭🙏

CEX has a chance to get good amount of rewards from various events but it requires a lot of tricks.  Not everyone is eligible for these events. And those who are ineligible are rewarded with huge amounts. I won 38k Dogs from bybit's Dogs event but haven't received payment yet and expect to get them in wallet in just 2 days. Because their rules were to distribute rewards within 5 working days of the event. Again got 20k Dogs free from Binance from their Deposit event

To be fair they are giving me free DOGS and it feels like I'm falling for their marketing gimmick but I don't mind haha. CEXs can have good stuffs sometimes among all the murky marketing and all

It is definitely a market strategy through these events they get a lot of new users or new accounts. Because their events are only applicable for newly registered accounts

Some cex events can be rewarding that's if the rules are straight forward and you meet the requirements. I posted a lot of DOGS events here and those that participated got something from it. If you're looking for cex events and you're a trader I'll suggest you check Google or Twitter or can also explore this one I found..Trade to win SOL, BGB. Check the requirements etc..

[Gurujebs]

Do any of you guys randomly take advantage of events some CEXs have? I had to use one new exchange to trade my DOGS days ago and since then I've been using the exchange just because of some stupid check in rewards 😭🙏

To be fair they are giving me free DOGS and it feels like I'm falling for their marketing gimmick but I don't mind haha. CEXs can have good stuffs sometimes among all the murky marketing and all

I did participated in the Binance Dog farming with my little bnb and I got something that worth the amount stake and in addition, I deposited my Dogs in the Binance exchange and I got an extra 20k dogs which was worth $20 when I sold it in the exchange. I was overwhelmed with the activities of the dogs I got farming and the reward I got from the Binance exchange.

This reward are not always consistent but it's worth it. There is high liquidity in Binance and that's why it remain number one exchange for any kind of activity and rewards you can think of and I like them despite their team behavior, I will choose them before I choose any other exchanges.

[Rikafip]

its a CEX, it definitely would be asking you KYC.

There are still some centralized exchanges that don't have mandatory KYC. Their number keeps dwindling though and I expect them to completely disappear in a couple of years max.

if its that easy to gets users into and exchange, the government can create a lot of them like FTX to collect everyone and launch any kind of memecoins easy to mine just to get the data of those users. telegram mining especially. they only need to verify thru the KYC.

Unless you are living completely off grid (no ID, no bank acocunt, no haelth issurance etc), government already has all the data about you that they need.

[libert19]

I like simple stuff, the one you mentioned is one of them — deposit certain amount and get rewarded without any strings attached to the reward. The other is survey stuff, I remember participating in primebit exchange survey recently and they gave $20 for it, I blew it away quite fast in margin trading though, but it was fun.

[_act_]

Most of the newly established crypto exchanges do have some promotion offers to their new subscribers, but there will be demanding conditions for users to claim those benefits once they meet up the standard required, this makes it more crucial that we have to think more about what their requirements may look like before we run after applying for them, this will then determine whether we are participating or not base on how we found their terms and conditions suitable for our own personal self.

[albon]

Actually cex keeps such rewards through various events. Moreover, if you want to participate in this event then you have to follow some rules, where not everyone can participate. These events often offer large prize money. As i withdrew dogs from telegram to my binance account and got 20k dogs bonus reward.  All those who have withdrawn dogs on their binance account within the time period of this event have received this reward. Anyway it based on the total token and the reward amount was different.

[Gurujebs]

Most of the newly established crypto exchanges do have some promotion offers to their new subscribers, but there will be demanding conditions for users to claim those benefits once they meet up the standard required, this makes it more crucial that we have to think more about what their requirements may look like before we run after applying for them, this will then determine whether we are participating or not base on how we found their terms and conditions suitable for our own personal self.

It's time wasting to be running after reward that whales are going to pocket. Most of the reward event centralized exchanges gives to their users is either based on volume, trade counts and trade quantity and most traders do have low capital to trade. Only people with large amount of money do take away the reward and the ones with little don't take anything.

It's better to improve and be a pro trader in any centralized exchanges than be running after the events. If you focus on making profits from the exchange, it will be helpful if and give you and edge for events that will happen since you will have trading volume and combine trading quantity to qualify for their giveaways.