Cryptocurrency exchange LBank has launched a 500,000 USDT reward campaign in partnership with Pudgy Penguins, a prominent Web3-native intellectual property ecosystem. The campaign, starting August 7th, offers new and existing users multiple reward categories including registration bonuses, first-trade rewards, and trading competitions.
LBank, a global cryptocurrency exchange, has announced a partnership with Pudgy Penguins to launch a reward campaign totaling 500,000 USDT. The campaign, according to a press release, began on August 7th and features five distinct reward categories.
New users who register and net-deposit at least 100 USDT into their futures account can receive a 10 USDT Futures Bonus, available for the first 12,000 eligible participants. Users can also unlock an additional 5 USDT Futures Bonus by completing their first eligible spot or futures trade.
The campaign includes a Lucky Draw component where every 20,000 USDT in cumulative futures trading volume unlocks one entry, with prizes including 1 BTC and Pudgy Penguins merchandise. A weekly leaderboard competition awards the top 50 traders with rewards reaching 500 USDT in Futures Bonuses.
Additionally, a $PENGU Locked Earn program allows users subscribing with at least 100 USDT equivalent to receive up to 100% Interest Boost benefits. “Crypto adoption is entering a new stage where participation is no longer driven only by technology, but also by culture, identity, and meaningful experiences,” said Eric He, Community Angel Officer and Risk Control Adviser at LBank.
LBank has previously collaborated with Web3-native IPs including Ponke, Nobody Sausage, and Yeti. Founded in 2015, LBank serves over 25 million registered users across 160 countries with a daily trading volume exceeding $23.81 billion.
