Curated News
By: NewsRamp Editorial Staff
March 28, 2024
HTX Introduces Fee-Free BTC Trading with Daily 200k USDT Rewards Amid BTC's Surge to 70k
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Discuss on SubstackTLDR
- Investors can leverage Bitcoin's volatility for maximum returns, with potential surges to new highs and opportunities for asset growth.
- The Trade to Earn event on HTX allows users to earn rewards through fee-free BTC trading and daily prize pools, with specific rules and eligibility criteria.
- HTX's Trade to Earn event aims to enhance trading experiences, reduce trading costs, stabilize currency value, and attract more investors for wealth appreciation.
- Bitcoin rebounded to $71,000 after a weekly drop, with potential surges to $83,000 and a warning of a potential liquidity crisis among sellers.
Impact - Why it Matters
Bitcoin's rebound and potential surge to $83,000, combined with HTX's introduction of fee-free BTC trading and daily 200k USDT rewards, offer significant opportunities for investors to leverage Bitcoin's volatility for maximum returns and enhance their trading experiences. The event also contributes to the platform's liquidity and stability, attracting more investors and users to participate in ecosystem development, ultimately shaping the future of cryptocurrency trading.
Summary
Bitcoin rebounded on March 25, reaching $71,000 and may surge to a new high of $83,000 after a period of consolidation, according to 10x Research. Ki Young Ju, the founder and CEO of CryptoQuant, has warned of a potential liquidity crisis among sellers within the next six months. HTX has introduced the "Trade to Earn" event aimed at enriching trading experiences and offering users opportunities for asset growth, including fee-free trading of BTC.
The event applies to BTC/USDT spot and futures trading, enabling users to enjoy negative fee rates and share a daily prize pool of 100,000 USDT. The event enhances the platform's liquidity through reduced trading costs and improved trading efficiency, offering users better trading experience. Meanwhile, the supply of $HTX will be decreased through the event to enhance its stability and value, which will help attract more investors and users to participate in ecosystem development.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, HTX Introduces Fee-Free BTC Trading with Daily 200k USDT Rewards Amid BTC's Surge to 70k
