• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, May 12, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Bitcoin

Indian Olympic medal winners will get Bitcoins as well

by Reshab Agarwal
August 6, 2021 - Updated On September 30, 2021
in Bitcoin, Crypto, Ethereum, News, Trending
Reading Time: 2 mins read
0
Indian Olympic medal winners will get Bitcoins as well
TwitterWhatsappLinkedin

Companies have been showing their love and support towards the athletes that have won an Olympic medal for India. At the same time, some brands are offering free Pizzas, some are offering money. Recently, a diamond merchant even announced that he is going to help medal winners build a home and get a car as well. But that’s not all, now Indian Olympic medal winners will also get Bitcoins. This gift or prize will be sponsored by the Bitbns platform that is one of the best crypto exchanges in India.

You might also like

Best Crypto To Buy Now: Game On! AurealOne (DLUME) Is Set to Lead the Next Crypto Bull Run!!

US Government’s Crypto Holdings Surge to $21 Billion

Whoop Retreats on Paid Upgrade

How will this work?

Bitbns said that they are offering a SIP plan for all Olympic medal winners. This SIP plan will be based on BTC and ETH and will be paid by the exchange on behalf of the winners. Do note that the prize amounts vary based on the medal won by the athlete. The exchange is giving Rs 2 lakh for a gold medal, Rs 1 lakh for silver and Rs 50,000 for a bronze medal.

Indian Olympic winners will get Bitcoins
Bitcoin

The reason for going with a SIP is to make the most out of investment and take advantage of the huge volatility of both the tokens. The entire amount won by the athlete will be invested in the token in 3-5 years in equal amounts and fixed intervals. And the winners can redeem their amount by completing the KYC. The reason for going with BTC and ETH is their performance in the last decade. No other asset has given a return like they have made them a wonderful investment.

Great news for crypto

This is great for the athletes as they are getting monetary support which becomes really important. At the same time, this gesture by Bitbns is also going to bring crypto to the limelight. People will know more about the exchange and tokens like BTC and ETH that are awarded to the Olympic medalists. It is also a great promotion of the SIP feature that Bitbns has. The more people know about it, the better, as it is one of those options that will save you from losses even during huge market dips as you are never buying at one price.


What are your thoughts on the fact that Indian Olympic medal winners will get Bitcoins? And do you think Bitbns played a great marketing tactic here? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: Safemoon tries to create hype on Twitter as value keeps dropping.

Tags: bitcoinIndiaOlympics
Tweet54SendShare15
Previous Post

Safemoon tries to create hype on Twitter as value keeps dropping

Next Post

Walter Isaacson is writing Elon Musk’s biography, Musk confirms

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Best Crypto To Buy Now: Game On! AurealOne (DLUME) Is Set to Lead the Next Crypto Bull Run!!

by Techstory
May 12, 2025
0
Best Crypto To Buy Now: Game On! AurealOne (DLUME) Is Set to Lead the Next Crypto Bull Run!!

The cryptocurrency world is quickly growing, and real value is on the rise from projects that solve real issues in the world using blockchain in gaming, DeFi, and...

Read more

US Government’s Crypto Holdings Surge to $21 Billion

by Sneha Singh
May 12, 2025
0
US Government's Crypto Holdings Surge to $21 Billion

Federal crypto reserves reached a record high of $21.156 billion, a dramatic change in how Washington treats digital currencies. The state holds 198,012 Bitcoin worth approximately $20.69 billion,...

Read more

Whoop Retreats on Paid Upgrade

by Sneha Singh
May 12, 2025
0
Whoop Retreats on Paid Upgrade

Fitness tech firm Whoop has undone at least half of its unpopular hardware upgrade policy in the face of massive criticism from its users.  The firm now says...

Read more
Next Post
Elon Musk

Walter Isaacson is writing Elon Musk’s biography, Musk confirms

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?