BingX Celebrates the Fourth Bitcoin Halving with the Launch of a 10 BTC Prize Pool

Leading Global Cryptocurrency Exchange BingX Celebrates Bitcoin Halving Event with a Prize Pool of Up to 10 BTC. The event will take place from April 3rd to 30th, where 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.

Bitcoin halving is a crucial event in the cryptocurrency world, where the mining rewards are reduced by half each time, slowing down the generation 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 maintain a total supply of no more than 21 million Bitcoins.

To celebrate the Bitcoin halving, BingX has carefully planned a series of exciting activities, including daily Bitcoin price trend guessing contests, individual trading competitions, and team trading competitions. Each segment offers enticing prize pools of 2 BTC, 3 BTC, and 5 BTC respectively. Participation is simple, as BingX users have a daily opportunity to predict the Bitcoin price trend for free and can earn additional guessing chances by completing trades or depositing funds. Users with accurate predictions will share the 2 BTC prize pool, while the top 100 participants in the individual competition and the top 10 teams in the team competition will receive corresponding rewards.

BingX’s Chief Product Officer, Vivien Lin, emphasizes the significant significance of the Bitcoin halving cycle and points out that it often accompanies optimistic market sentiment and support for Bitcoin prices. She states that each halving cycle usually attracts a wave of new traders into the cryptocurrency market. BingX is committed to enhancing user experience and ensuring that all participants in this celebration event can gain valuable and enriching experiences.

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