Today Huobi announced that they have organized a sort of contest for the first halving of Zcash (ZEC), which will take place in autumn.
By betting on what price the crypto will reach, users can win prizes.
👀🥇 $ZEC was the highest halving token!
👇Comment if you won!
Win your share of $100,000 by:
1⃣Predict the highest price halving crypto
2⃣Buy 10 $USDT or more worth of it on the below link
📈https://t.co/FfzTG91tAl pic.twitter.com/3wZfM61S3T
— HTX (@HTX_Global) April 20, 2020
Participating is very simple: all it takes is to log in to the page specially created by the exchange. There are also other contests for other halvings, such as ETC, BCH, BSV or those that are still contending such as BTC, Dash and ZEC.
This campaign will be open until May 4th, 2020 and it is possible to participate in it by trying to predict the maximum price the different cryptocurrencies will reach on that day.
1) Predict which token enjoyed the highest USDT price rise for the day (in-scope tokens: BTC, BCH, BSV, ETH, DASH and ZEC).
2) There will be a total of 21 prediction rounds.
3) Users can compete to win the weekly and grand prize pool depending on the number of correct predictions they accumulate.
4) Users must purchase a minimum of 10 USDT per day via the event’s landing page.
As can be read, in order to participate in the contest, it is necessary to purchase at least 10 USDT for the crypto to bet on, up to a maximum of 5000 USDT with daily participation and so, considering that the rounds are 21, a 2100 USDT investment is required in order to participate in all of them.
As for the prizes, there are various bands with a minimum threshold of 3000 USDT to which the daily prizes must be added, whereas in terms of the maximum pool of prizes, there are 50 thousand USDT, hence with only 10 USDT, it is possible to multiply the investment exponentially by simply guessing the price that a crypto will reach during the halving.
Clearly, it must be kept in mind that it is necessary to be registered on Huobi to participate and undergo the KYC (Know Your Customer) procedure.
