Bitcoin has experienced three halving events since its inception. The first halving event happened on November 28th, 2012, reducing mining rewards from 50 to 25 Bitcoins per block. Within 371 days, the price surged from $12.40 to $1,237.60 which is a 9881% gain, signaling Bitcoin's growth potential. The second halving, on July 9th, 2016, saw rewards reduced to 12.5 Bitcoins per block, with the price subsequently soaring to $19,345.50 within 525 days, producing a gain of 2868%. May 11th, 2020, marked the third halving, reducing rewards to 6.25 BTC per block, and within 546 days, the price reached approximately $67,527.90 or a 687% gain. As of 2024, Bitcoin's price hovers around $65,500, a remarkable 105,968,225% increase since its inception. The upcoming halving event, expected to decrease rewards to 3.125 BTC per block, highlights anticipation within the crypto community for potential gains, reminiscing of past historic price surges post halving.

How to trade the Bitcoin Halving event? So, what should you do if you're interested in Bitcoin Halving? Firstly, it's important to educate yourself on blockchain technology and how it works. While Bitcoin has the potential for significant profits, it's also highly volatile and can have sudden price swings. Take note to only invest what you can afford to lose and to diversify your investment portfolio to limit risks. It’s also a good idea to stay informed about news and developments in the Web3 space. This can help you make more informed decisions about when to buy or sell Bitcoin.
To participate in Bitcoin Halving, you can trade Bitcoin on ProBit Global. For users who are new to crypto, you can use ProBit Global’s Buy Crypto feature to seamlessly purchase BTC. Opting for BTC spot purchases can help mitigate risk associated with futures or derivatives trading.