The cryptocurrency exchange KuCoin has launched the GemSlot platform, which rewards clients with tokens from new projects for completing tasks, according to a press release.
At the time of publication, GemSlot is hosting a token giveaway for the project cat in a dogs world (MEW). Users earn tickets by depositing MEW on the exchange, engaging in spot trading, and inviting friends. These tickets can later be exchanged for a share of the prize pool, which totals 2 million MEW tokens.
On July 31, GemSlot will begin distributing 260,000 COTI tokens, which are part of an L2 solution for Ethereum focused on user privacy.
“GemSlot is a place where users can discover new gems by earning project tokens for completing simple tasks,” the press release states.
KuCoin is a cryptocurrency exchange that has been operating since 2017, serving over 34 million users in 200 countries and regions. The platform supports more than 900 crypto assets across spot, margin, futures, and P2P markets.
Previously, KuCoin launched the initial exchange offering for the Liquidswap project.