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Cryptocurrency News Articles

CoinEx to Auction Exclusive "Epic Sat" Commemorating Bitcoin Halving

Apr 27, 2024 at 01:05 pm

CoinEx, a leading global crypto exchange, announces the auction of the first satoshi mined during the fourth Bitcoin halving. The "epic sat" is the first satoshi of each halving, with only 32 epic sats in existence. The auction will be priced in BTC with a minimum bid of 1 BTC, pioneering a new trading event model for CoinEx. The partnership between CoinEx and ViaBTC, a leading Bitcoin mining pool, provides users with a wider range of digital asset services.

CoinEx to Auction Exclusive "Epic Sat" Commemorating Bitcoin Halving

CoinEx to Auction Exclusive "Epic Sat" Marking Bitcoin Halving Milestone

CoinEx, a leading global cryptocurrency exchange, has announced the upcoming auction of the "epic sat," a highly sought-after digital collectible that represents the first satoshi mined during the fourth Bitcoin halving event. The auction, which will be conducted exclusively in Bitcoin (BTC), will commence this week with a minimum bid of 1 BTC.

ViaBTC, one of the world's largest Bitcoin mining pools, has partnered with CoinEx to offer this exceptional opportunity to users. The collaboration between ViaBTC and CoinEx serves to expand the accessibility and benefits of digital asset services within the broader ecosystem.

An "epic sat" is the first satoshi (the smallest unit of Bitcoin) mined after each halving event, which occurs approximately every four years after 210,000 blocks are added to the Bitcoin blockchain. With only an estimated 32 epic sats in existence, each one holds immense significance and rarity. Currently, only four epic sats are available in the market, making this auction an extraordinary occasion.

This auction marks a groundbreaking moment in the crypto exchange industry, with CoinEx becoming the first exchange to facilitate the auction of an epic sat. To ensure transparency and provide real-time updates throughout the auction process, CoinEx will establish a dedicated page on its platform.

About CoinEx

Established in 2017, CoinEx has emerged as a trusted global cryptocurrency exchange known for its user-friendly platform and comprehensive services. With over 5 million users across 200 countries and regions, CoinEx offers an extensive range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management tools.

CoinEx's commitment to quality, efficiency, and inclusivity is reflected in its carefully curated list of over 900 tokens and 1,400 trading pairs. By providing access to the most innovative and promising cryptocurrencies, CoinEx empowers users to stay ahead of the curve in the rapidly evolving digital asset landscape.

Guided by the principle of "user-first," CoinEx prioritizes the needs of its diverse user base. Through intuitive products and a commitment to fostering a fair, inclusive, and secure trading environment, CoinEx strives to make the world of cryptocurrency accessible to all, regardless of their experience level.

This auction of the epic sat by CoinEx serves as a testament to the exchange's innovative approach and dedication to providing unique and valuable opportunities for its users. As the digital asset ecosystem continues to grow and evolve, CoinEx remains steadfast in its mission to be a leading force in shaping the future of cryptocurrency trading.

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