BitMart’s LOOP Double Benefits. Buy and Win 250,000 LOOP and 60% APY Savings Promotion.
Win 250,000 LOOP and 60% APY Savings
In order to repay the support of community members, BitMart has opened the activity of buying coins and sending airdrops to the majority of users – sharing 250,000 LOOP, and starting the 60% APY LOOP financial activity!
The promotion runs from 17:00 on October 12, 2022 to 17:00 on October 27, 2022 (UTC+8).
Buy coins and get airdrops – Share 250,000 LOOP!
During the event, users with a net purchase (buy-sell) LOOP of not less than 60 USDT will be eligible for the lottery to share the LOOP reward, and each of the 800 winning users can get 312.5 LOOP.
Regular financial activities – 60% APY!
This financial activity will open LOOP regular financial products with a lock-up period of 30 days:
30 days: 60% APY
For example: User A subscribed for a 5,000 LOOP regular financial product with a lock-up period of 30 days. After the product expires, the interest earned by user A is:
5,000 * 30 * 60% / 365 = 246.58 LOOPs
The total amount of this subscription is 5,000,000 LOOP.
What is regular financing?
Regular wealth management pays interest to users who deposit digital currency, but unlike flexible savings, it has a defined period.
Funds must remain in the account as required until maturity in order to earn the corresponding interest.
For regular financial management, users cannot redeem funds before the pre-set redemption date.
Funds will be automatically redeemed on the value date, and both principal and interest will be paid to the spot wallet without any transfer or redemption fees.
How to use Regular Banking?
Each product can be purchased as long as it is within the subscription period, and the quantity is limited, on a first-come, first-served basis.
Please make sure that there are enough available funds in the account when purchasing.
According to the input purchase quantity, the system will calculate the interest of the expected profit after redemption for you.
After the subscription is successful, the system will change from the available status of the account assets to the locked status.
You can view the details of the products you hold in the subscription record on the subscription details page.
When the product expires, it will be automatically redeemed, and the principal and income will be credited to the account at one time.
You can check the balance status in the asset list.
Please check BitMart official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of BitMart", if you want to know the details and the company information of BitMart.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...