Huobi Announces Reward Scheme for Dogecoin Users; Verified Accounts to Receive 1 DOGE as Sign-up Reward
In what we can term as a partnership for a cause, Dogecoin and Huobi have come together to extend their support to the Grateful Dogs Rescue. It is an organization based in San Francisco that rescues as well as offers shelter to dogs.
Huobi in its official announcement on Twitter dated 23rd April 2019 revealed that it has now listed Dogecoin on its platform. Users can start signing up with Huobi and get their accounts verified for level 1 in order to receive 1 DOGE as a sign-up reward.
https://twitter.com/Huobi_US/status/1120718758064967680
Dogecoin, on the other hand, also didn’t miss the opportunity to confirm this new collaboration as they retweeted the tweet by Huobi the same day.
The Huobi-Dogecoin collaboration is trending on social media with the #dogecoin4charity hashtag. It was first announced on 11th April 2019 with the following tweet:
https://twitter.com/Huobi_US/status/1116500227471470592
As part of the charity, Huobi will be donating one thousand DOGE to the Grateful Dogs Rescue for each and every verified customer registration throughout the period of the promotion.
On this interesting partnership, the CEO of HBUS which operates huobi.com, Frank Fu, stated that they are always excited to extend their support to projects having such universal appeal. He also said that the company will continue to expand the variety of their tokens aggressively even in the future.
Meanwhile, it must be noted that #dogecoin4charity is not a standalone campaign as there is a contest titled #DogeContest as well that accompanies it. The contest urges users to submit the photo of their dog on Facebook or Twitter with #DogeContest hashtag. The photos can be submitted either on the Facebook account @HuobiUS or the Twitter handle @Huobi_US. There are 5 dog collars of Dogecoin brand up as the contest prize.
https://twitter.com/Huobi_US/status/1116835341476847616
The promotion has started from 11th April and will end on 25th April 2019 at 11:59 p.m. of the Pacific Standard Time.
However, the rewards are subject to certain terms and conditions listed as follows:
- The total giveaway amount to the organization Grateful Dogs Rescue won’t exceed 5,000 United States Dollars equal of DOGE.
- In order to be eligible to receive the announced rewards, users must be US residents. Moreover, they need to provide their verifiable and valid US address during the verification process.
- The DOGE rewards would be calculated as well as deposited in the users’ verified accounts within the five business days once the promotion ends.
- HBUS reserves the right to end the promotion before the allotted time or change/update its rules, conditions or terms without any prior notice.
At present, Dogecoin holds the 26th position on CoinMarketCap rankings. In fact, the market capitalization of Dogecoin has reached an impressive figure of $313,931,755 USD. Huobi Global, on the other hand, is known as one of the largest digital currency exchanges across the world.
