In the world of cryptocurrencies, few events arouse as much emotion and speculation as the Bitcoin halving. In the context of this key moment, Nexo has prepared a unique promotion that will allow new users to start their adventure with cryptocurrencies in an extremely advantageous way.
Today, at 2 p.m. UTC, i.e. 3 p.m. in Poland, Nexo is launching a special promotion addressed to new users who decide to join their platform. All you have to do is register, complete one of several simple tasks and on May 2, $4, i.e. the equivalent of 10,000 satoshis, will be credited to your account.
Halving of the Bitcoin network is just around the corner
Bitcoin halving is a key event that occurs approximately every 210,000 blocks, or approximately every four years, and is of fundamental importance for the entire ecosystem of this cryptocurrency. During halving, the reward given to miners for mining a new block is halved. This is a mechanism programmed into Bitcoin's code by its creator, Satoshi Nakamoto, aimed at controlling inflation and simulating the scarcity of the resource by limiting supply. When the Bitcoin network was launched in 2009, the block reward was as much as 50 BTC. So far, several halvings have already taken place, and the reward has gradually decreased to 25 BTC, 12.5 BTC, and currently stands at 6.25 BTC per block.
Each halving event in the past has resulted in a significant increase in the BTC price, which is often attributed to increased interest and perception of Bitcoin as a “harder” currency with a more limited supply. This phenomenon attracts both investors and speculators who try to predict the impact of halving on market prices. Additionally, halving affects the economics of Bitcoin mining because reducing the block reward makes mining more costly and requires greater efficiency, which introduces additional dynamics to the market.
Another intriguing aspect of halving is its predictability and inevitability, which in a world full of financial and monetary uncertainty gives Bitcoin the character of digital gold. The last halving took place in May 2020, and the next one is expected in mid-April 2024.
Nexo promotion
To take advantage of the Nexo promotion, you will need to follow a few simple steps:
- Register on the Nexo platform and complete verification.
- Then top up your account with funds in traditional currency or cryptocurrencies – the deposit amount is optional.
- Before the promotion ends, use the selected Nexo service:
- Create a fixed-term deposit of ≥$50 for any period (amount can be achieved through more than one deposit).
- Complete a swap of ≥$100 (amount can be achieved through more than one transaction).
- Take out at least one cryptocurrency loan for any period and amount.
- Make at least one successful purchase with your Nexo card (debit or credit mode).
- As a reward, up to 15 days after the upcoming Bitcoin halving, your account will be credited with 10,000 Satoshi.
Don't miss the opportunity to join the Nexo community and take advantage of the promotion. This is a great way to start your cryptocurrency adventure, with the added benefit of satoshi. Register, take advantage of the wide range of Nexo financial products and get your bonus funds today!
