Free Cryptocurrency? You heard it right. Popular cryptocurrency exchange COINSBIT India has recently announced a major airdrop for their native CIN tokens. The airdrop is being referred to as the biggest yet to be conducted in India.
After successfully completing the first round of the airdrop, the exchange has announced Rounds 2 and 3 are set to last until the end of July. The company is giving out $100 worth of CIN tokens just for registering on the platform and completing the KYC norms.
In addition, users can also earn CIN tokens by referring COINSBIT India to their friends. They have announced a 5 level referral rewards system to make things more exciting for their community.
According to their announcement, for round 2, the reward structure for referrals is as follows:
1 level – $50 (500 CIN tokens) (You invite B)
2 level – $25 (250 CIN tokens) (B invites C)
3 level – $15 (150 CIN tokens) (C invites D)
4 level – $10 (100 CIN tokens)
5 level – $5 (50 CIN tokens)
Round 3 will start from 10/07/2021 and will last until 31/07/2021. The reward system for this round is as follows:
1 level – $25 (250 CIN tokens)
2 level – $15 (150 CIN tokens)
3 level – $10 (100 CIN tokens)
4 level – $5 (50 CIN tokens)
5 level – $3 (30 CIN tokens)
In addition, the exchange is also rewarding the user with the highest referral base with massive cash prizes with the first place holder getting a whopping $5000. This is a great opportunity to stack some crypto.
This isn’t the first airdrop from COINSBIT, as previously we’ve seen the exchanges’ global unit offer something similar. Based in Estonia, COINSBIT is a major award-winning exchange in Europe with over 1.5 million users. The exchange is also reported to be present in more than 190 countries.
COINSBIT India is the Indian unit of the european exchange launched as a joint venture between Cryptic Coinsbit India and Prof-it Limited. The Indian exchange is backed by the same enterprise grade technology that powers its global counterpart.