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Bitcoin halving is expected in April 2024 (Halving). The reward for mining new blocks will be halved, which will also reduce the supply of new bitcoins and potentially increase their value. In other words, this is a very important event in the cryptocurrency ecosystem.
Bitcoin Halving is approaching (Halving is approaching) is an event on Binance in honor of the upcoming Bitcoin halving. It includes various promotions aimed at raising awareness about cryptocurrencies, with the opportunity to win valuable prizes.
Participants will be able to compete for a share of the $500,000 prize pool in BTC, SATS, FDUSD tokens, as well as Tesla cars. Don't miss this great event!
Every four years, an important change occurs in the Bitcoin network called the Bitcoin halving. This mechanism reduces the reward for mining new blocks by 50%. It is intended to simulate deflation of valuable resources and slow down the rate of issuance of new bitcoins, thus delaying the maximum supply of 21 million coins.
This change will directly impact miners, who will receive fewer Bitcoins for their work. However, the consequences of halving are not limited to this. The halvings of 2012, 2016 and 2020 were inflection points for Bitcoin and generated increased public interest, sparked market activity and contributed to innovation in the ecosystem.
The next halving will take place in April 2024, and we invite you to join in the celebration as part of the Halving is Coming event.
What is âHalving is approachingâ
âHalving is Comingâ is an event where Binance pays tribute to the transformative effect of halving. This is not just a holiday. This is a campaign during which users will learn more about cryptocurrencies and discover new opportunities. We will not only look at the halving from a mining perspective, but will also offer clients exciting events and educational content highlighting the growth of the ecosystem.
Halving is Coming offers a variety of ways to get involved, from educational games aimed at learning cryptocurrency terms to trading competitions where participants can test their skills. Each promotion is aimed at raising awareness and involving users in the crypto-economy, with an emphasis on the prospects and opportunities of Bitcoin.
As part of the Halving is Coming event, Binance plans to reflect on the growth and future of cryptocurrencies. Our goal is to make cryptocurrencies accessible and profitable for everyone, from Bitcoin newbies to experienced crypto enthusiasts. Read on to find out how to join this event and share in the prize pool of over $500,000!
1/Halving is Coming Welcome Bonus: $50,000 in BTC
Celebrate the halving with us and get a chance to share $50,000 in BTC! From March 4 to March 31, 2024, the first 10,000 new users who register and complete identity verification on Binance will be eligible to receive a portion of these rewards. Just starting your journey in cryptocurrency? Take the first step with the Halving is Coming welcome bonus.
Quick guide: register using a special link, go through identity verification and receive a BTC share in the amount of 0.0001 to 0.0003 BTC. Didn't get your welcome bonus yet? Enter referral code HALVING24 when registering and receive a 10% discount on spot trading fees. Join the celebration and get rewarded now!
2 / $10,000 prize draw for the Binance Square community!
Binance Square is a social platform designed to bring together the latest trends in the Web3 space. Celebrate the Bitcoin halving and predict the price of BTC on Binance Square to win up to $10,000 in SATS tokens.
Quick Guide: From March 4 to April 14, 2024, KYC verified Binance users can predict the price of BTC on Binance Square. Share your prediction in the #HalvingHorizons event for a chance to win $5,000 in SATS. Binance is offering an additional $2,000 reward pool for new users, as well as a $3,000 prize pool for traders who complete 10 trades. Make your prediction!
3 / Binance Convert and Auto Investing Platform: $10,000 BTC in Vouchers
Grow your cryptocurrency capital with Binance Convert, an easy-to-use platform for instant cryptocurrency transactions without the hassle of traditional trading systems, and Auto Investing Platform, a tool to set up recurring purchases and gradually build a portfolio. These solutions offer a two-pronged approach to effectively trading cryptocurrencies during the Halving is Coming event with $10,000 rewards.
Quick Guide: From March 4 to April 14, 2024, use Binance Convert to instantly exchange cryptocurrencies without fees and receive a share of $5,000 in BTC vouchers. Reward depends on trading volume (and 3x multiplier on BTC trades). Plus, grow your cryptocurrency capital with the auto-invest service by investing $1,000 or more in BTC to receive a share of $5,000 in vouchers (prizes are distributed on a first-come, first-served basis). Follow link to take part!
4 / Buy cryptocurrency for fiat: get a share of 13,000 FDUSD
Binance makes it easy to buy Bitcoin and other cryptocurrencies with convenient solutions like P2P trading, bank cards and bank transfers .
In honor of the BTC halving, we are giving away 13,000 FDUSD in the form of token vouchers. The prize is available to users who purchase BTC using their local currency using our Buy Crypto feature. To participate and receive rewards, you must register on the promotion page.
Quick Guide: From March 11 to April 7, 2024, the first 3,000 new users who register and deposit $30 or more in BTC through a cryptocurrency purchase will receive a 3 FDUSD voucher. Existing users can also receive prizes: purchase BTC through cryptocurrency purchase to receive a share of the 4,000 FDUSD pool. The size of the reward will depend on the volume of the deposit. Find out more in the article: 3 easy ways to buy BTC and other cryptocurrencies: preparing for the Bitcoin halving
5 / Gain knowledge about cryptocurrency and rewards as part of the âWord of the Dayâ competition
Word of the Day (WOTD) is an educational game on Binance that helps participants expand their cryptocurrency vocabulary and learn more about the latest developments in the market. Participate in the WOTD halving game from April 8 to April 14, 2024 and receive a share of the 500,000 Binance Points pool. These points can be redeemed for vouchers worth up to 10 USDT, as well as refund of commissions up to 50 USDT in Bonus Center.
Quick Guide: From April 8 to April 14, 2024, you will be able to play two WOTD games every day in honor of the Halving is Coming event. Give five correct answers within a week to receive a share of points. New users who register for WOTD2024 will receive a 10% discount on spot trading fees and additional rewards for completing tasks in the Bonus Center. Play and win at WOTD.
6/Halving Spot Trading Tournament: $120,000 BTC Prize Pool!
Join the "Halving Is Coming" event with our BTC Halving Spot Trading Tournament. New and existing users can get their share of the $120,000 pool of BTC vouchers. Take part in the competition and demonstrate your skills.
Quick Guide: From March 13 to April 14, 2024, achieve $3,500 or more in trading volume on selected pairs to receive a share of the $100,000 pool of BTC vouchers. The most successful traders will receive up to $10,000 in BTC vouchers. If you haven't traded in the last 90 days, you can get a share of the second pool of 20,000 FDUSD. The first 4,000 people to make $50 worth of trades in the specified pairs will receive $5 in BTC vouchers. Take the chance to show off your trading skills ahead of the halving and reap the rewards!
7 / Binance Futures: Guess the price and win up to 1.4 BTC or Tesla
Binance Futures is a leading cryptocurrency derivatives exchange. In anticipation of the halving, Binance Futures is running two exciting promotions: guess the price of BTC and win up to 1.4 BTC per day, and complete weekly challenges to win one of four Tesla cars!
Quick Guide: From February 18 to March 17, new futures users can take part in BTC price prediction and win up to 1.4 BTC. Complete weekly challenges such as trading futures or reaching a daily trading volume of 10,000 USDT to earn the Golden Ticket. With it you can win a Tesla Model Y worth $50,000. Don't miss out on prizes from Binance Futures. Join now!
8 / Celebrate the halving on Binance Earn: prizes up to $500 in BTC for each participant!
Binance Earn is a service for generating income from digital assets. Celebrate the halving by joining two exclusive promotions from Binance Earn with rewards of up to $500 in BTC for the top performers.
Quick Guide:
From March 14 to April 14, 2024, there will be a promotion for Simple Earn products with flexible terms. Sign up for BTC and get bonus rewards: some users will win up to $200 in BTC. Confirm your participation via link!
Anyone who subscribes to a BTC bi-currency investment worth at least 10,000 USDT will be able to receive a bonus of $300 in BTC. Subscribe to participate. Join via link!
9 / Binance Academy: Answer Quiz Questions and Get Free Cryptocurrency!
In honor of the halving, Binance Academy is offering new materials Learn and Earn, with which users can deepen their knowledge of the blockchain and receive cryptocurrency for completing training courses and quizzes.
Quick guide: from March 18 to April 1, 2024, all users who have passed KYC verification can take part in the promotion and earn 0.5 USD in SATS tokens for each completed course and quiz. Rewards are distributed on a first-come, first-served basis. Hurry up to join: the âLearn and Earnâ promotion will end when the prizes run out!
Conclusion: The journey begins
Celebrate the Bitcoin halving with us. Explore the potential and diversity of Bitcoin while immersing yourself in the Binance ecosystem. We offer learning and earning opportunities to both beginners and experienced traders. Everyone will find something for themselves here!
Take part in exciting promotions and witness changes in the cryptocurrency space. Learn new things, improve your skills and get rewards as part of the Bitcoin halving celebration. Join us on this exciting journey and be part of the future of cryptocurrencies with unlimited opportunities for everyone.
Additional materials
Risk Notice. Cryptocurrency prices are subject to high market risk and volatility. You should trade or invest only in products that you know and understand the risks associated with them. Before investing, you should evaluate your investment experience, financial situation, investment objectives and risk tolerance, and consult an independent financial advisor. This material should not be considered financial advice. Past performance is no guarantee of future performance. The value of invested capital may rise and fall. You may not get your invested funds back. You bear full and exclusive responsibility for your investment decisions. Binance is not responsible for your trading losses. For more information, please review Terms of Use and Risk Disclosure.
