Coinbase plans Dogecoin sweepstake

[Yugocean]

Coinbase has offered $1.2 million give-away for dogecoin traders.

Coinbase company has recently added dogecoin to its crypto trading group, dogecoin may be an old and popular cryptocurrency, but it is new in coinbase, so the company is using sweepstake policy by offering give-away in order to run doge business.

Under this policy, people must trade a minimum of $100 in Dogecoin by June 10, regardless of whether that $100 is spent on buying Dogecoin, or proceeds from selling it.

The prize will consist of one prize of $300000, ten prizes of $30000 each, and 6000 prizes of $100 each. These awards will be finalized on June 17.

This is a very small thing for big traders, so it will not take long for them to get involved, but small traders may have to risk an investment of $100.

 

[sincerem]

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Coinbase has offered $1.2 million give-away for dogecoin traders.

Coinbase company has recently added dogecoin to its crypto trading group, dogecoin may be an old and popular cryptocurrency, but it is new in coinbase, so the company is using sweepstake policy by offering give-away in order to run doge business.

Under this policy, people must trade a minimum of $100 in Dogecoin by June 10, regardless of whether that $100 is spent on buying Dogecoin, or proceeds from selling it.

The prize will consist of one prize of $300000, ten prizes of $30000 each, and 6000 prizes of $100 each. These awards will be finalized on June 17.

This is a very small thing for big traders, so it will not take long for them to get involved, but small traders may have to risk an investment of $100.

That's a welcome development around coinbase pro exchange site, by introducing such give-away to show for support and the addiction of dogecoin into their platform. They are really in for business, it will lure even the small investors to try and invest more in order to earn sweepstake. That's a reasonable way of creating awareness to promote dogecoin investment higher.

 

[Yugocean]

it will lure even the small investors to try and invest

Ofcourse, this idea is developed to lure people, they can at least "buy" dogecoin from coinbase platform and make business happen, or maybe some doge sellers, to try to sell their dogecoin there. This is going to lure doge users to transfer their doge assists in coinbase pro. However, $100 is still a high amount for small investors.

 

[sincerem]

Ofcourse, this idea is developed to lure people, they can at least "buy" dogecoin from coinbase platform and make business happen, or maybe some doge sellers, to try to sell their dogecoin there. This is going to lure doge users to transfer their doge assets in coinbase pro. However, $100 is still a high amount for small investors.

Yes, $100 is high amount for small investors, if they manage to get involved and succeed in winning the give-away, that will become something extra to them. But the big investors won't just allow the small investors to take such give-away they'll still come to higher and crowd coinbase pro to win the incentive.