Announcement on the Calculation of BTC Price of the Prize Voting to Forecast BTC Halving Price (2020.05.20)

Dear LBank users,

At 20:00 on May 6, 2020 (UTC + 8), LBank launched the “Prize Voting to Forecast BTC Halving Price”. As of 20:00 on May 13, the voting has been closed. The BTC price at 20:00 on May 13 has been announced already. Now we will announce the calculation of BTC price at 20:00 on May 20.

The BTC prices of LBank, Binance, Huobi, OKex and Coinbase at 20:00 on May 20 are as follows:

According to the arithmetic average price of BTC in 5 exchanges, the price of BTC at 20:00 on May 20 is 9727.4640 USDT.

The price of BTC at 20:00 on May 13 is 9038.622 USDT. Therefore, users who voted to “ the price of BTC at 20:00 on May 20 will be higher than that at 20:00 on May 13” will be winner. LBank will complete the result confirmation, reward settlement and unlock the voting LBK successively within 1 working day after 20:00 on May 20.

* the final interpretation of this event belongs to the LBank team.

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