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Countdown to Bitcoin Halving 2024: Enjoy a One-Month Waiver on Binance Pool Mining Fees or Get a VIP+1 Upgrade!

Countdown to Bitcoin Halving 2024: Enjoy a One-Month Waiver on Binance Pool Mining Fees or Get a VIP+1 Upgrade!

2024-03-15 04:00

This is a general announcement. Products and services referred to here may not be available in your region.

As the countdown to the upcoming Bitcoin halving in 2024 begins, Binance Pool is launching a new activity to reward the community! 

Users who submit a prediction for the exact date and hour of the imminent Bitcoin halving event during the Activity Period will stand a chance to receive a one-month waiver on all mining pool fees at Binance Pool, or a VIP+1 level upgrade for one month. 

Activity Period: 2024-03-15 14:00 (UTC) until 2024-04-05 14:00 (UTC)

How to Participate

  • Login to your Binance account, and proceed to Binance Pool via the website or Binance App.¬†

  • Click the [Predict Now] button to submit your prediction for the exact date and hour of the Bitcoin halving event. Please note that each user may submit one prediction only during the Activity Period.

Selection and Announcement of Winners

  • After the Bitcoin halving event, Binance Pool will select the top ten participants who submit the most accurate predictions during the Activity Period to receive rewards, as per the rewards structure below.¬†¬†

  • If more than one user submits the same prediction during the Activity Period, the user who submits the prediction first will receive a higher ranking.

  • Winners will be notified by email via the email address bound to their Binance accounts within 14 days after the Activity ends.

Rewards Structure

  • For Binance Pool Users

    • Existing Binance Pool users will stand to enjoy a one-month waiver on all mining pool fees at Binance Pool.¬†

  • For Non-Binance Pool Users

    • Non-Binance Pool users will stand to receive a VIP+1 level upgrade with a validity period of one month.¬†

Join the excitement, place your prediction, and be a part of the countdown to the upcoming Bitcoin halving event!

Terms & Conditions

  • Only users from qualified regions who complete KYC and submit a prediction for the date and time of the upcoming Bitcoin halving event at Binance Pool shall be eligible for any rewards.

  • The activity is only available to users who are eligible for Binance Pool services and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements.

  • Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Pool services in each country/region from which the services are accessed.

  • Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of the Binance Pool services if it is justified due to important reasons.

  • Sub-accounts will not be considered as individual participants.¬†

  • During the Activity Period, participants are asked to predict the exact date and time of the Bitcoin halving in 2024.¬†

    • The participants whose predictions come closest to the actual date and time of the halving event shall win.¬†

    • Each user can make only one prediction within the declared timeframe of the event.

    • If multiple participants provide equally accurate predictions, the prize will go to the one who submitted their forecast first - operating on a ‚Äúfirst-come, first-win‚ÄĚ basis. Timestamps of prediction submissions will be used for this purpose.

    • A participant can win only one reward, assuming they meet all the relevant terms and conditions.

    • Strict adherence to the specific timeframe announced for the event is necessary. Any action executed outside of the announced event duration will not count toward the competition.

  • Rewards Distribution

    • The waiver on all mining pool fees at Binance Pool and the VIP+1 level upgrade reward will be effective for eligible winners within 14 days after the Activity ends. Please note that the validity period for either reward is set at one month only.¬†

    • Winners will also be notified by email via the email address bound to their Binance accounts within 14 days after the Activity ends.

  • Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, including but not limited to:¬†

    • Changes in applicable regulations or policies;¬†

    • Obligations arising out of law or decisions issued by common courts or public administration;¬†

    • Anti-money laundering or combating financing terrorism rules;¬†

    • Technical issues beyond our control;¬†

    • Necessity to protect users from potential losses;¬†

    • Necessity to protect Binance from the loss of reputation;¬†

    • Extraordinary events or circumstances beyond our control (force majeure).

  • Additional promotion terms and conditions can be accessed here.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Note: This announcement was last updated on 2024-04-26.

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.