DOGS, the memecoin inspired by Telegram, is taking the crypto world by storm. Exchanges are offering hefty rewards to users, which got me thinking - what's the catch for the exchanges?
Let's unpack the Bitget campaign I saw
200% DOGS cashback!
This is Bitget's new campaign offering 200% cashback on deposits of DOGS and a chance to win a $20,000 prize pool has been announced. The promotion is exclusively available to users from the United Kingdom, Canada, Australia, DACH, French, Italian, Netherlands, Sweden, and Poland regions. Both new and regular users can participate in the event by completing a series of tasks to earn rewards.
https://www.bitget.site/events/activities/5961efaacd4954e4bab7291d392ffd61
Users who successfully complete the tasks outlined in the campaign will be eligible to receive various rewards, such as cashback percentages, USDT shares, and bonuses for reaching trading volume milestones.
Are events like these a way of incentivizing users to engage with the platform or just exciting to support the TON ecosystem.