Changpeng Zhao, the CEO of Binance, is giving away 50,000 Doge and a Doge-modified bespoke Tesla. Which one would you prefer?
While it hasn’t been said which Tesla model will be given to the winner, it’s likely that the Model 3 will cost around $50,000. Tesla now offers four models: the S, 3, X, and Y.
During November, the relationship between Binance and Dogecoin users was strained. According to TheCryptoBasic, Binance froze Dogecoin users’ accounts earlier this month owing to an internal issue.
Because of the ban on Doge withdrawals, Elon Musk, a powerful advocate of Dogecoin, stepped up to speak for the Dogecoin community and the Elon Musk Debate with Changpeng Zhao over Dogecoin
After a Twitter spat between the two billionaires, CZ attempted to defuse the situation. Withdrawals on Binance resumed after nearly 18 days. CZ remarked in an interview with Yahoo that, while he admires Musk, it was his responsibility to protect his company, while Musk is correct in defending the Dogecoin community.
Musk stated that he does not use Binance because it has “too many hoops to jump through” in order to sign up, but he wants to bring attention to the issue on behalf of Dogecoin holders.
On November 11th, Binance froze Dogecoin withdrawals for nearly 18 days. This Thursday, the business published a blog post detailing the entire affair.
“The truth is that a confluence of unusual events resulted in an unanticipated issue that only impacted Binance,” the business explained.
The problem affected 1,634 users, according to Binance.
CZ is giving away a customized Doge Tesla as well as 50,000 Dogecoins. He announced a Twitter giveaway to win the hearts of irritated Binance dogecoin fans. CZ is giving away a customized Tesla with a Dogecoin motif, as well as $50,000 in Dogecoin.
How do You Participate in DOGE Tesla Give Away?
To take part, you must follow both Musk and CZ on Twitter, as well as the official Binance account, and use the hashtags #DOGEorTesla and #Binance. To participate, you must also have a Binance account with a validated KYC. Users must choose which they would prefer to possess, share Zhao’s tweet on Twitter. Users are only allowed to enter once. According to the company, a preferred response from each side of the survey will win.
The contest runs from November 29 to December 13.
“I’m giving away a DOGE Tesla and $50,000 in DOGE,” says the contestant. “Would you like one of these?”
CZ is attempting to make peace with both Elon Musk and the Dogecoin community in this way. In addition, he was successful in selling his trade effectively. His tweet has 100,000 retweets, over 65,000 likes, and the video has gotten over 2 million views already.