Global Leading Cryptocurrency Exchange BingX Celebrates Bitcoin Halving Event, with a Prize Pool of up to 10 BTC. The event will run 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.
Bitcoin halving is a crucial event in the cryptocurrency world, as it reduces the mining reward by half each time, thus 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 halving is to regulate Bitcoin’s inflation rate and prevent its total supply from exceeding 21 million.
To celebrate the Bitcoin halving, BingX has carefully planned a series of enriching activities, including daily Bitcoin price trend guessing contests, individual trading competitions, and team trading competitions, with attractive prize pools of 2 BTC, 3 BTC, and 5 BTC respectively. Participation is simple, as BingX users have a daily free chance to predict the Bitcoin price trend and can earn additional guessing opportunities by completing trading or deposit tasks. Users with accurate predictions will share the 2 BTC prize pool, and the top 100 individuals in the personal competition and the top 10 teams in the team competition will also receive corresponding rewards.
Vivien Lin, Chief Product Officer of BingX, emphasized the significance of the Bitcoin halving cycle and pointed out that it often accompanies positive market sentiment and support for Bitcoin prices. She stated 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 fulfilling experience.
About BingX:
Founded in 2018, BingX is a globally leading cryptocurrency exchange, providing over 10 million users worldwide with diversified products and services, including spot trading, derivatives, copy trading, and asset management, catering to the needs of beginners to professionals. BingX is dedicated to offering a trusted platform and empowering users with innovative tools and features to enhance their trading capabilities. In 2024, BingX proudly became the main partner of Chelsea Football Club, marking its exciting debut in the sports world.
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