Exchange events are a complete waste of time just one of the strategics they use in holding up users to increase the capacity of usage of their exchange.
If you trade for the tokens some times if the rewards are huge you might end up sharing a good amount with others.
Imagine 500 hundred users competing for $1000 then after wins they split with a hierarchy down towards your position ho much do you think you will be rewarded after spending time and money? it's now clear that it's not worth it.
I don’t know if i’m the only one but since I decided to put trading on hold since the beginning of the year due to the market instability but one thing i’ve done steadily is participating in hodling and staking events on exchanges through which i’ve gotten some airdrop tokens.
If you are wondering about what to do, between investment and trading or staking on centralized exchanges, it shows me that you are inexperienced in this market from both investment and trading. Because if you are experienced enough with investment and trading, you will know that investment worths to do as it is profitable, but trading does not worth your time as it causes your capital loss.
Interestingly, i came across a trading event today on one of the exchange i use. The event, Diamond Thursday seemed like a great one because i found out it’s a weekly event that’s been on for 20 weeks now on the exchange but I’ve been contemplating about participating because I get to win the exchange token if i do.
Storing your fund on centralized exchanges just for staking and getting exchange tokens, is risky and you need to read
Reminder: do not keep your money in online accountsYou can search for Terra and FTX collapes and some consequent bankrupcies like Three Arrow Capital, Voyager, and more.
I don't know if you under what op is talking about but I think all that suggestions are not what his asking for!