CoinEx Makes History: Introducing the First Epic Sat Auction in Crypto Industry

CoinEx, a leading global crypto exchange in the world, has announced that this week it will auction off the “epic sat,” which is the first satoshi mined by ViaBTC during the fourth bitcoin halving. The auction will be priced in BTC with a minimum bid of 1 BTC.

Auction: https://www.coinex.com/en/halving-block-auction  

ViaBTC, as one of the leading Bitcoin mining pools, has collaborated closely with the CoinEx exchange to provide users with a broader range of digital asset services. The partnership between Viabtc and CoinEx creates more opportunities for users to engage and benefit from the digital asset ecosystem.

The “epic sat” is the first satoshi (smallest unit of a bitcoin) of each halving, which occurs after 210,000 blocks, or roughly every four years. There are only about 32 epic sats in total, which makes each one significant and rare. There are only four epic sats available in the market.

This auction has pioneered a new trading event model, making CoinEx a trailblazer in the exchange industry for auctioning off the epic sat. To provide more updates on the auction, CoinEx will have a dedicated page to provide details and updates. 

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Since its establishment, CoinEx has steadfastly adhered to a “user-first” service principle. With the sincere intention of nurturing an equitable, respectful and secure crypto trading environment, CoinEx enables individuals with varying levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.

www.coinex.com