The cryptocurrency investment competition hosted by the BITEX exchange will officially kick off on July 25th. The market fluctuations, ranging from minutes to seconds, span thousands of miles. This event will invite 5 experts in the field of cryptocurrency investment to participate, who can truly seize the opportunity and create a legend in the world of cryptocurrencies? The activity will end on September 24th, lasting for 2 months. During this period, investors can join the investment team of participating professors based on their preferences and vote for them. Each investor is allowed to vote twice a day. After joining a professor's team, investors' own funds and investment income will be included in the professor's capital pool and overall return rate calculation. Participants in this activity can learn about the cryptocurrency industry through this competition and acquire investment skills from renowned professors, thereby gaining comprehensive and profound understanding of the cryptocurrency industry.

Cryptocurrency is the result of the collision between science, technology, and finance. From David Chaum, known as the "father of digital currency," to Nick Szabo, referred to as the "father of smart contracts," and finally Satoshi Nakamoto, hailed as a legend in digital currency. Cryptocurrency has undergone numerous iterations from its inception to today's prosperous state. It started with ridicule when Bitcoin was born in 2009 but now cryptocurrency is not just a simple digital currency; it has become a new global wealth code. Due to its decentralized, immutable, and transparent characteristics enabled by blockchain technology, cryptocurrency has found wide applications in various fields such as insurance, healthcare, logistics, credit management, and copyright protection. However, it is still most closely connected with the financial industry where it has sparked a unique financial revolution ranging from cryptocurrencies themselves to cross-border payments and asset appreciation. The collision between wealth and technology has given rise to an extraordinary legend. In order to promote awareness about digital currencies and break away from traditional trading methods,the BITEX exchange will be hosting a cryptocurrency investment contest.

Bitex, which focuses on cryptocurrency derivatives trading and provides users with secure cryptocurrency trading services, is committed to popularizing fairer decentralized finance in the blockchain world. Its professional technology foundation allows users to create their own wallets and securely store assets using its multi-signature wallet service. So far, the development of cryptocurrencies has been recognized by 119 countries/regions around the world, making it not only legal and compliant but also usable for normal consumption. For example, Gucci US stores accept cryptocurrency as payment, and HEB, a large German supermarket chain, allows customers to make purchases using cryptocurrencies. It is estimated that by 2021, approximately 46 million people in the United States will use cryptocurrencies for retail purchases. Digital currencies are truly borderless, more secure, and more convenient. In the future, cryptocurrencies and their technologies will not only reshape financial Korea but also be used in a wider range of scenarios. More and more investors are participating in the cryptocurrency market as it opens doors to global finance while offering opportunities for wealth accumulation.

Rules of the competition:

Each professor represents an investment team, and the competition earns points in three ways: through popularity votes, capital pools, and rate of return. The individual with the highest score wins.

Points details:

The winner of the popularity voting round will be awarded 20 points, the runner-up will receive 12 points, and the third runner-up will get 8 points. The winner of the fund pool session will be given 30 points, the runner-up will receive 20 points, and the third runner-up will get 10 points. The winner of the yield section will be granted 50 points, the runner-up will receive 30 points, and the third runner-up will get 15 points.

The BITEX cryptocurrency investment competition is about to begin. After the competition, the ultimate winner will receive 18 Bitcoin rewards and an official certificate provided by the BITEX exchange. Those who aspire to achieve financial freedom and gain expertise in cryptocurrencies must not miss this contest.

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Country: United States
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