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Bitget unlocks BGB rewards for Bitcoin Halving Countdown


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The year 2024 was highly anticipated for various crypto-related activities that would be held in the year, Bitcoin halving most notably. This is because Bitcoin halving is generally bullish as it typically reduces the rate at which future bitcoins are created, thus boosting the scarcity and value of existing bitcoins. 

While the fixed date for this quadrennial event draws neigh, crypto exchanges are readying the minds of their community members. In line with that, Bitget has announced it would hold a Livestream event on 27th March, 12:00 UTC across Youtube, IG Live and X space.

Dubbed “Bitget Halving Countdown”, this event promises insights and rewards. Participants are set to walk away with 300 BGB reward pool by completing simple gleam tasks including subscribing/ joining their social communities.

Having earned crypto rewards from my participation in one of the past livestreams, I’m pumped to grab some BGB this time! 

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As someone keenly observing the cryptocurrency market, I find the Biggest BGB rewards program intriguing, especially amidst the Bitcoin halving countdown. The idea of earning rewards tied to significant market events like halving adds an exciting dimension to trading. It incentivizes participation and engagement, offering traders additional benefits beyond regular trading profits.

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    • I have not been a fan of either of exchanges and wallets native tokens but would wanna explore it now. I took interest from the current hype around BNB, OKB and BGB. These tokens particularly BNB and BGB has shown strength which is obviously due to increase in demand to take part in the most of the launchpool. BNB rose almost 80% in the past 1 year, BGB was on the spotlight with about 190% in a year. OKB may not be left out due to it's potential but has made any significant movement recently. Wallet tokens on the hand have also been doing well but may not be compared to Centralized exchanges imho; I have also monitored few wallet particularly trust wallet and C98 wallet. My best guess is we could be seeing the wallet tokens making impressive price action as we approach post halving due to increase in transactions and I wonder if any one here is considering the prospect BWB token for Bitget wallet. Launching pretty soon and airdrop participation in play. I would appreciate your speculative opinion on it potentials.
    • In the realm of cryptocurrency exchanges, playing by the rules isn’t just a suggestion—it’s a must for staying in the game. Most major centralized exchanges (CEXs) strive to adhere to these regulations, implementing measures to prevent money laundering and illicit activities. However, a recent controversy has emerged with BingX, a top CEX, defying US sanctions by allowing Iranian users full access to its platform. BingX facilitates Iranian Rial trading, directly violating US sanctions. They allow Iranian users to trade cryptocurrencies without KYC verification. This, along with offering peer-to-peer (P2P) transactions using Iranian fiat currency, further raises red flags. This incident is reminiscent of the past troubles faced by giants like Binance, who were caught facilitating transactions for sanctioned individuals, resulting in a $4.5 billion plea deal with US authorities in 2023. The question remains: will this defiance by BingX lead to its downfall? Regulatory bodies in the US, like the SEC or DOJ, might take action.However, the severity of the situation raises questions about the long-term viability of the exchange and whether it may face the prospect of closure or severe penalties for its actions. As governments grapple with the complexities of digital assets, CEXs that prioritize expansion over compliance will likely face increasing scrutiny and potential consequences.  
    • The exchange continues to offers it's  users significant opportunities through its ecosystem products like PoolX and Launchpool. By participating in these platforms, users can benefit from various services such as staking, liquidity mining, and accessing new project opportunities. PoolX enables users to stake their assets and earn rewards through flexible investment options. Launchpool provides users with the chance to participate in early-stage project offerings. Overall, engaging with Bitget ecosystem products can diversify investment portfolios and facilitate exposure to new and promising projects in the crypto space.
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