Today Huobi announced that they have organized a kind of contest for the first Zcash halving (ZEC), which will take place in the fall.
By betting on what price the cryptocurrency will fetch, users can win prizes.
👀🥇 $ ZEC was the highest halving token!
IfComment 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
Tthttps: //t.co/FfzTG91tAl pic.twitter.com/3wZfM61S3T
– Huobi (@HuobiGlobal) April 20, 2020
Participating is very simple: all you need to do is log in to the page specially created by the exchange. There are also other contests for other halvings, like ETC, BCH, BSV or those that are still in competition, like BTC, Dash and ZEC.
This campaign will be open until May 4, 2020 and it is possible to participate trying to predict the maximum price that the different cryptocurrencies will reach that day.
1) Predict which token enjoyed the day's highest USDT price rise (in-range 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 pot and the grand prize depending on the number of correct predictions they accumulate.
4) Users must purchase a minimum of 10 USDT per day through the event's home page.
As you can read, to participate in the contest, it is necessary to buy at least 10 USDT to bet or up to a maximum of 5000 USDT with daily participation and, considering that the rounds are 21, an investment of 2100 USDT is required to be able to participate in all of them.
As for the prizes, there are several bands with a minimum threshold of 3,000 USDT to which the daily prizes should be added, while in terms of the maximum group of prizes, there are 50 thousand USDT, therefore, with only 10 USDT, It is possible to exponentially multiply the investment by simply guessing the price that a cryptocurrency will reach during halving.
Clearly, it should be noted that it is necessary to be registered with Huobi to participate and undergo the KYC (Know Your Customer) procedure.