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Author Topic: Deposit UNI = $50 Bucks  (Read 403 times)
BayAngelo
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September 20, 2020, 03:28:27 PM
 #21

I have not been able to trade on Huobi because of the KYC stuff. i got RSR airdrop last year and the value is over 50usd. i have been holding and reused to sell. the plan is to sell at the end of the year to consolidate my account. for now i don't fancsy throwing in my uni token to Huobi. i rather use BINANCE.

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September 20, 2020, 04:02:44 PM
 #22

I have not been able to trade on Huobi because of the KYC stuff. i got RSR airdrop last year and the value is over 50usd. i have been holding and reused to sell. the plan is to sell at the end of the year to consolidate my account. for now i don't fancsy throwing in my uni token to Huobi. i rather use BINANCE.

don't forget you will also need to use fees for transferring uni of that exchange so the difference in staying it on your wallet and sending it to that exchange to earn 50$ is only less just add the withdrawal that they will also asked of you want to withdraw your money in other currency such as ethereum for example.

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September 20, 2020, 04:09:34 PM
 #23

Looks like they want to compete with Uniswap, Binance and OKEX and steal  some UNI volume  Cheesy by offering this $50 credits, It's not bad, it's a great offer but I guess most of the people already sold their UNI. These big exchanges can make a lot of money by trading fees that is why they create an alluring promotions/marketing.
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September 20, 2020, 04:21:45 PM
 #24

Those were lucky persons who received free UNI from UniSwap last week and now again if they want to exchange the UNI with BTC they will also get some good bonus from OKEX, great offer.

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September 20, 2020, 05:00:14 PM
 #25

Everyone knows 400 UNI was airdrop for those who were used Uniswap before 31 August, and most of the users claimed the 400 UNI free from the UNISWAP reward; this is good for them to get $50 from Houbi for trading also, those who have not received they can again buy for getting reward $50.

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September 20, 2020, 05:02:17 PM
 #26

You deposit 400 UNI and get $50 in free credits for trading - just did it and will be getting the credits next week.


What if Huobi suddenly cease trading and close all accounts and exit scam? You will then be left from 400 uni that is worth over $2000 and also without $50 token that the y gave you.  Point of cryptocurrency is decentralised finance. Now keeping your coins on centralised points of failure.
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September 20, 2020, 05:29:32 PM
 #27

It seems to be a tactic employed by exchange to increase the trading volume as UNI is the talk of the town right now . But hey I wouldnt complain too much as you are essentially getting extra 50 bucks for depositing the coins which you already own.
That's what they should do for the hype of it, they need more volume so people will be attracted to sell their UNI on their platform, at the end of the day it is the exchange who made the most of the money and not the traders. $50 seem to be a huge reward for depositing your UNI on their platform, but the fees of going in and out will kill you eventually, they know what the fee will be one they got a high volume of UNI on their platform.
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September 20, 2020, 05:48:54 PM
 #28



I find it too good to be true that just by depositing you get to earn $50 so how about withdrawing UNI?

Houbi is one of the major exchanges today though so I wouldn't really think they would be scamming at all but will probably entice just make their best to get every UNI we have in our wallets. I'm not seeing any relation between Uniswap and CEX, is there?

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September 20, 2020, 05:58:23 PM
 #29

I don't see the need to jump on this offer, people need to stop depending on CEX for trading, things is changing very fast in the space and I believe some of these CEX are seeing it unfolding in their own eye, we just need a better scaling solution and this will mark the end of most of these CEX. $50 just don't worth it, you have $1200 free of charge

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September 20, 2020, 06:18:23 PM
 #30

Luckily for those who already got UNI for free and now huobi also offer enough prizes, a very good strategy to increase the volume of UNI and make huobi even more recognized by many people.
People who don't get UNI for free now can only bite their fingers (Including me Cry)because if they buy 400 UNI now they are very scared

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September 20, 2020, 06:25:59 PM
 #31

It can be easily said that the top exchanges are exposing themselves especially with recent moves, the greed and unfair business is showing clearly and now this 50 buck trafing incentive by Huobi is also kind of a luring incentive to invite airdrop users to their platform to generate revenue, volume, liquidity and also get some new traders.
I hope we will see fair business and competition from the top exchanges that does not damage their reputation, name and respect and they would avoid being greedy and feeling insecure about competiton, provide vetter platform and services and you will get the traders and volumes, simple.

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September 20, 2020, 06:46:49 PM
 #32

Seriously who believes in such trade? You guys really think that spending 2k bucks for getting 50 bucks is worth a shot? Lolz. Man, UNI can drop at any minute and you may end up loosing few bucks in the process, the unstable realm of crypto-currency!!

I think anyone joining this promo must understand, your expenses should be based on your future goals and not temporary illustration of getting few bucks for free. IDK, by giving 2500 USD you are more or less doing favour to seller itself. Think!
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September 20, 2020, 07:02:23 PM
 #33

I just got an e-mail from Huobi about this cool offer and wanted to share it

You deposit 400 UNI and get $50 in free credits for trading - just did it and will be getting the credits next week.

Free is good imo.

Here is the deposit if you want to join in  https://www.huobi.com/en-us/finance-beta/deposit/uni/

No need to thank me - enjoy the free trading

Ok, huobi wants sell wall liquidity for those i guess, but how much does it costs to move those unis in there right now? Fees were terrible while ago, but i guess they aren't over 50 bucks.

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September 23, 2020, 07:51:04 PM
 #34

good news but the price of 400 uni tokens is now very expensive, for traders or people who want to get the bonus it will be difficult because they have to spend around 2000 $, but for those who get uniswap tokens from the event and have not claimed they can take the bonus now.
Very lucky are those who have received UNI tokens for free from the Uniswap airdrop but I love that I didn't get them because I have never traded, well now the tokens are expensive, they will be late buying now afraid that they will fall because of the hype tokens that have been made, but if you are sure with UNI tokens so do trade there or long-term investments.


I think the hype at UNI will continue until the end of the year, because Uniswap the usual exchange places are still busy and widely used, and also Uniswap is ranked 1st for fees on the ethereum network.
can you imagine that this hype will last a long time.

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September 24, 2020, 01:28:00 AM
 #35

This is what i was also thinking . i missed the UNI airdrop but managed to get it from binance once it was listed . why not send it to Huobi for additional 50$ as op said.
I have also participated in this event but at the announcement of this event and the UNI gets a pump to its ATH. If you were participating in this event and you will not get only $50 as free money from your UNI but you will get the advantage caused by the increases that happened in the market too.

That means you will get some advantages from your UNI a free money from huobi and from your UNI.

I hope there will be another good event like this one too.

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September 24, 2020, 07:31:53 AM
 #36

I don't think it worth it, You need to pay gas fee every time you deposit or withdraw something and with this crazy ethereum network i don't know when you get your tokens to huobi!
Not every airdrop worth it!

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September 24, 2020, 07:39:49 AM
 #37

Really? Id rather dumped the coin on uniswap itself. I know huobi is a big exchange and I can see a good reason to trust it. Probably thats a technique to increase liquidity for their exchange what is 50$ if a high traded coin is available on their exchange? They would earned more actually.

I don't think it worth it, You need to pay gas fee every time you deposit or withdraw something and with this crazy ethereum network i don't know when you get your tokens to huobi!
Not every airdrop worth it!
But compared to uniswap high gas fee its not bad actually right?

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September 24, 2020, 07:52:34 AM
 #38

I don't think it worth it, You need to pay gas fee every time you deposit or withdraw something and with this crazy ethereum network i don't know when you get your tokens to huobi!
Not every airdrop worth it!

I agree with you, currently the ethereum network to pay gas tariffs has reached the stars, and it is not at all convenient to make many moves on the ethereum network for the moment, but of course it would compensate with the $ 50 bonus that it will receive, which in the end it will be $ 35-40 net of the fees paid previously

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September 24, 2020, 09:24:50 AM
 #39

good information. But I don't have enough funds to buy 400 uni and send it to houbi exchange and get $ 50 free.

This is an exchange strategy to increase the volume of the huobi exchange
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September 24, 2020, 01:55:53 PM
 #40

Of course, this is a tempting free bonus, but there are pitfalls here too. The transaction fees are very substantial, but what about the up-and-down spikes. The Houbi Exchange is not your decentralized wallet, you never know at what point they can perform maintenance. I do not want to say anything bad about Houbi, but I have come across this on other exchanges, and I am very dissatisfied, remained with such actions.
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