The New Year Brings Big Rewards for BigONE’s Community
Last year was spectacular in the history of the cryptocurrency industry. This is due not only to the rapid development in both the number and market value of crypto assets, but also the fact that blockchain technology gained mainstream adoption.
The central American country of El Salvador made Bitcoin legal tender in 2021. NFTs emerged as new digital products that soon became accepted by established firms and celebrities. Facebook changed its name to Meta and intends to continue to develop crypto and digitalization in a variety of ways. While the interest in the metaverse in 2021 didn’t just impact the Bitcoin realm, but also the larger internet community in debates about Web 3, and even included the business world, with discussion over the metaverse and remote working.
The growth of decentralized autonomous organizations (DAOs) has become a new direction for the crypto industry as a whole. But these are just some of the highlights from the cryptocurrency business in 2021. BigONE, a leading cryptocurrency exchange, predicts that 2022 will be a watershed year in crypto, with crypto assets and blockchain products that are relevant, practical, and have strong fundamentals becoming the most appealing investments. With blockchain research firms, crypto industry analysts, and well-known KOLs all forecasting global crypto market trends in 2022, let’s take a closer look some key predictions for the year ahead.
Bitcoin and traditional financial indicators are getting closer
Even though the COVID-19 pandemic threatens the global economic recovery, both Bitcoin and benchmark indexes have locked in significant gains for 2021. Bitcoin has increased by 66%, while the S&P 500 index has increased by roughly 27%. However, because Bitcoin is increasingly behaving like a risky asset, some blockchain research firms fear it will only add to huge stock market volatility.
Ethereum will surpass Bitcoin
Roger Ver, one of the Bitcoin Foundation’s founders, believes that 2022 will be the year when Ethereum will overtake Bitcoin in terms of market value and other key indicators, and that one of the main reasons for this is the spike in NFT sales. Most crypto assets continue to run on the Ethereum blockchain, which has real-world utility and supports smart contracts that can be utilized in a variety of applications. With the London Network upgrade in 2021, Ethereum increased the network’s ability to process more transactions. These elements will form the foundation of Ethereum’s threat to Bitcoin’s dominance.
Metaverse will become the dominant market trend
GameFi, also known as play-to-earn is regarded as a part of the metaverse since most blockchain game developers have established an ecosystem focused on expanding in the metaverse. NFT are also seen by many as a subset of the virtual metaverse. Aside from gamers who will spend money on digital art, NFTs allow people to purchase and own game-related equipment and props. Several significant developments that require attention in 2022 include the metaverse, GameFi, and NFTs, underlined by the fact that cryptocurrencies associated with these three trends were already growing in popularity by the end of 2021.
BigONE’s new year benefits are rolling in!
BigONE wishes all its users a happy new year and that all their wishes come true. For our part we’ve chosen the occasion to launch several to thank our community all over the world for their long-term confidence and support, as well as distribute some fantastic New Year gifts!
Promotion one: Deposit funds to send member benefits, which other exchange VIPs can enjoy too!
All new and existing users who have completed BigONE real-name certification or enterprise certification can now apply for BigONE membership perks once their accumulated net deposit meets the related threshold. Note that the benefits are only good for three months. On January 6, 2022, the deposit promotion will begin. There is no time limit. You can apply right away if you match the requirements. Cumulative net deposit assets are calculated as follows: deposit amount + C2C/fiat currency deposit amount-cash withdrawal amount-C2C/fiat currency withdrawal amount (calculated in USDT).
Users who registered with BigONE and completed KYC certification after January 6, 2022, only need to provide proof of spot transaction volume in other exchanges in the last 30 days to receive spot fee discounts, leveraged currency interest, and VIP rights such as commission rebates, which are all valid for one month. After their accumulated spot transaction volume on BigONE satisfies the standards from the registration date, new users who have corporate certification can also receive rewards.
Promotion two: ETF trading carnival with a $50,000 prize pool
To raise global user interest in transactions in 2022, BigONE will offer its first ETF Carnival Trading Competition, with a total prize pool of up to $50,000. Everyone’s welcome to participate, with bonuses distributed on a first-come, first-served basis. Event duration: January 8, 00:00 — January 15, 24:00 (GMT+8).
During the event, new users with a total ETF trading volume of 30 USDT can compete for a share of 20,000 USDT in rewards. Individuals might receive as little as 3 USDT and as much as 1,000 USDT. Existing users can trade in the cryptocurrency trading pairs listed in the event, and if the total trading volume over the event period is 60 USDT, they will be eligible for a share of the 30,000 USDT awards. Users might receive as little as 5 USDT and as much as 1,000 USDT.
Users who take part in the ETF event do not even need to register and can just open the BigONE ETF transaction as if they were taking part in the event. Event rewards will be credited to the winner’s BigONE account within three working days of the event’s conclusion.
Please note that BigONE has the final say on how this event is interpreted. Please visit the BigONE official website to learn more details. Many factors influence crypto currency trading, including the market conditions and government legislation. The market varies a lot, and its ups and downs are impossible to forecast 100% accurately. When participating in activities, users must be aware of market-based risks and to trade with caution.