Dear BitMart Users,
To celebrate the listing of Toronet(TOROG), we are giving away 9300 TOROG in our listing celebration!
Promotion Period: 12/26/2024 10:00 PM - 1/8/2024 10:00 PM UTC
I. Trading Competition - Share 3570 TOROG!
Users will be ranked in terms of the total TOROG volume traded on their BitMart account (including both buy and sell orders) on the TOROG trading pair (TOROG/USDT) during the competition period. Top 20 traders will be rewarded for the following prizes:
1st: 535.5 TOROG
2nd: 357 TOROG
3rd: 232.5 TOROG
4th-10th: 178.5 TOROG each
11th-20th: 119.5 TOROG each
>>> Join Now
II.Buy & Earn - Share 2142 TOROG!
The first 714 users who buy TOROG greater than or equal to 100 USDT worth of TOROG and hold TOROG under your account for 7 days will be eligible to receive 3 TOROG each.
>>> Join Now
III.Fix Savings - Enjoy 20%,30%,50% APY!-Share 3570 TOROG!
TOROG Savings Promotion will offer 7 day, 14 day, 30 day basic financial products in TOROG.
- 7-DAY: 20% APY
- 14-DAY: 30% APY
- 30-DAY: 50% APY
>>> Join Now
For example:
User A has subscribed for 5,000 TOROG with a 30-day lock-up period. After the product matures, the interest earned by user A is
5,000 * 30 * 50% / 365 = 205.47 TOROG
What is BitMart Fixed savings?
Fixed savings pay interest on cryptocurrencies deposited during a pre-set duration.
For Fixed Savings, users cannot redeem funds before the pre-set redemption date. The funds will be redeemed automatically on the redemption date, and both the principal and interest will be paid to the spot wallet, with no transfer or redemption fees.
How to use BitMart Fixed savings?
- Users can subscribe within the period with limited volume, first come first served.
- Please make sure there are enough available funds in the account when subscribing. Our system will calculate the interest of the expected return after redemption according to the subscription volume.
- After the successful subscription, our system will change the status of account assets from available to locked. Users can check the details of the assets held on their assets page.
- When the product matures, it will be redeemed automatically, and the principal and investment return will be paid at once. Users can check the balance status in the assets list.
Terminology Explanation
- Annualized interest rate: annualized interest rate refers to the rate of return gained during the investment period of one year;
- Duration: Duration refers to the time when their assets are locked. During this period, the fund is locked and cannot be traded or withdrawn by the user;
- Total amount / Total subscription amount: it refers to the total amount of financial products issued;
- Time of interest accrual: the time of interest (return) accrual after subscription;
- Expected revenue: expected revenue refers to the revenue based on known information if there are no unexpected events happened. The platform calculates the income formula with subscription amount * annualized interest rate * lock-up days / 365.
- Redemption date: the ending date of the investment product when the payback automatically returns to the available balance.
Note:
- Users who use multiple accounts to join will not be qualified for any rewards.
- All trades that we deem to be “wash trades” will not count towards for this competition.
- The "rewards" will be distributed in random tokens to your spot account. Due to market fluctuations, BitMart cannot guarantee the exact value of the rewards received.
- BitMart reserves the right to cancel or amend the competition or competition rules at our sole discretion.
Attention: Use of BitMart services is entirely at your own risk. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance.
Thanks for your support!
BitMart Team
Dec 26, 2024
