Leading global cryptocurrency exchange BingX celebrates the Bitcoin halving event with a prize pool of up to 10 BTC. The event runs from April 3rd to 30th, during which users can not only view the real-time countdown to the Bitcoin halving but also have the opportunity to participate in various activities and win multiple rewards before the halving occurs.
The Bitcoin halving is a crucial event in the cryptocurrency world. Each halving reduces the mining reward by half, thereby slowing down the production and circulation of new Bitcoins. This ensures the scarcity of Bitcoin and contributes to its long-term value growth. The purpose of the halving is to regulate Bitcoin’s inflation rate and maintain its total supply below 21 million Bitcoins.
To celebrate the Bitcoin halving, BingX has carefully planned a series of exciting activities, including daily Bitcoin price trend guessing competitions, individual trading competitions, and team trading competitions. Each segment will distribute attractive prize pools of 2 BTC, 3 BTC, and 5 BTC respectively. Participation is simple, with BingX users having one free opportunity daily to predict the Bitcoin price trend. Additional guessing chances can be obtained by completing trades or depositing funds. Users with accurate predictions will share the 2 BTC prize pool, and the top 100 participants in the individual competition and the top 10 teams in the team competition will also receive corresponding rewards.
BingX’s Chief Product Officer, Vivien Lin, emphasizes the significant significance of the Bitcoin halving cycle and points out that the halving often accompanies market optimism and support for Bitcoin prices. She states that each halving cycle usually attracts a wave of new traders to enter the cryptocurrency market. BingX is committed to enhancing user experience and ensuring that all users participating in this celebratory event can have a valuable and enriching experience.
[Images]
BingX
BTC
Bitcoin
[Images]
Related Readings
BingX Becomes Title Sponsor of TOKEN2049 Dubai
BingX’s Impressive Performance Drives Global Expansion