Rumors of a Bithumb campaign promising massive returns have circulated, yet no confirmed promotion by the exchange aligns with these claims, causing speculation among cryptocurrency enthusiasts in Korea.
The alleged promotion’s absence highlights the importance of verifying information in crypto markets, impacting user trust and trading strategies amid ongoing industry challenges.
Bithumb clarifies no current 20 million won promotion exists amid ongoing corporate efforts and community speculations.
Bithumb Disputes 20 Million Won Promotion Claims
Recent rumors circulate that Bithumb offers a 20 million won promotion for depositing and selling virtual assets. Official Bithumb communications do not corroborate these claims, with the most recent promotion falling far short of the purported offer.
Bithumb’s leadership and official channels have not announced any event matching the rumored promotion. The existing “Summer Black Friday” event, in collaboration with partner Alwayz, offers significantly smaller rewards of up to 30,000 won.
Community Skepticism on Unconfirmed 20 Million Won Promotion
Market participants remain skeptical due to a lack of official confirmation or proof from Bithumb. Community response leans towards questioning the credibility of these rumors, as seen on platforms like Twitter and Reddit.
Analysts observe no unusual market activity or on-chain data suggesting a financial surge from such a promotion. Historical Bithumb limits and market absence of large events support these assessments.
Bithumb’s Past Promotions Provide Context on Current Rumors
Past Bithumb events have been modest in scale, with occasional security issues drawing more attention than promotional offerings. There is no precedent for a 20 million won reward on their platform.
Expert opinions from entities such as Kanalcoin suggest maintaining caution until verified announcements surface. Historical trends indicate that grand promotions are unlikely given past strategies and current market conditions.
“We will strive to become a more trusted virtual asset exchange by continuing to actively invest in the IT sector and protect users and secure stability while promoting the human division that we promoted last year.” — Bithumb Official, Bithumb
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