Binance announced the program for its users in an effort to encourage them to buy more crypto—in its own words, “complete tasks, Earn BTC.”
From May 11 to 18, users will have the opportunity to win some Bitcoin by completing the following tasks:
The total prize money will be split between those who successfully complete the tasks.
Meanwhile, the move is a coy one since the crypto exchange platform also profits from trading commissions and spreads, therefore, the “giveaway” scheme can be partially funded by the extra revenue generated.
The Bitcoin halving, which will finally happen tomorrow, will reduce the current block reward of 12.5 BTC down to 6.25 BTC.
Image courtesy of TheDigitalArtist/Pixabay
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