Bitcoin halving in just 7 days

We’re just about 7 days from the next Bitcoin BTC halving causing the block reward will decrease from 12.5 BTC to 6.25 BTC. Unlike fiat currencies, Bitcoin and other cryptocurrencies are not governed by central banks but by code. The reduction of the block reward by 50% is hard-coded into Bitcoin and automatically executed after every 210,000 blocks.

And now it’s soon time for the next halving. Exchange is now offering 50% discount on trading fees on all BTC pairs, and that’s about 20 different pairs. So why not get some extra Bitcoins before the halving.

BTC is just around $9 000 USD right now and it’s believed the halving will cause the price to increase since the supply of bitcoins will increase in a slower speed.


Leave a Reply

Your email address will not be published. Required fields are marked *