Burger King partners with Robinhood to give away 2 million dogecoin

Nov 1, 2021 | The Block News | 0 comments

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Fast food chain Burger King is partnering with Robinhood Crypto to give away a range of cryptocurrencies, according to a press release. 

The rewards on offer are 20 bitcoin ($1.17 million), 200 ether ($800,000) and 2 million dogecoin ($472,000). The odds of winning a bitcoin prize, according to the release, are 100,011 to 1.

The cryptocurrencies will be given away to Burger King’s Royal Perks members, a loyalty program where members earn “crowns” for every dollar they spend on fast food items. The crowns can be redeemed for more fast food items.

Members that make a purchase of $5 or more on the Burger King app will receive a prize code via email. They can then check and claim the prize through the Robinhood app.

Robinhood Crypto is the crypto arm of the popular trading app that saw soaring revenues from dogecoin trading earlier this year. That level of trading did not last though, as Robinhood reported yesterday lower crypto trading activity for Q3 compared to the previous quarter.

Burger King has previously used cryptocurrency to help sell burgers. Outlets in Germany and Venezuela have, at times, accepted cryptocurrency as payment. In Russia, Burger King even launched its own cryptocurrency — aptly named “WhopperCoin.”

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

News Source from TheBlockCrypto.com

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