Dear BitMart Users,
Sportcash One (SCONEX) listed on BitMart at 08:00 AM on July 15, 2021 EDT! To celebrate the listing of SCONEX, we are giving away 200,000 SCONEX in our Buy & Earn and SCONEX Staking Events!
Period: 7/23/2021 08:00 AM – 8/7/2021 08:00 AM EDT
I. Buy & Earn - 200,000 SCONEX Giveaway!
The first 400 users who buy SCONEX greater than or equal to 300 USDT of SCONEX will be eligible to receive 500 SCONEX each.
II. Sportcash One (SCONEX) Staking
a. How to Participate
- SCONEX Staking is available to BitMart registered users only.
- Deposit at least 20,000 SCONEX into your BitMart SCONEX wallet.
- The estimated annual yield of up to 50%.
- SCONEX Staking will available on BitMart Staking on July 23, 2021.
b. Staking Rewards Calculation
Starting from 2021/07/23, BitMart will begin taking live snapshots of user SCONEX balances.
SCONEX Staking distribution will be calculated as follows:
SCONEX generated by each user = Total SCONEX staking rewards received by BitMart * User SCONEX holdings ratio.
User SCONEX holdings ratio = Average user SCONEX holdings / Average total SCONEX staked by BitMart.
c. Staking Rewards Distribution
The initial distribution of SCONEX staking rewards will be calculated each month, the first session is from 2021/07/23 to 2021/10/23, with the total amount distributed equally to the staking rewards accrued during the period.
SCONEX rewards are calculated daily and distributed monthly. Distributions will be completed before the 9th of each month.
Move your coins to BitMart from anywhere and enjoy hassle-free staking rewards.
Note:
- The Buy & Earn event is only for the first 400 users who buy the required amount of SCONEX.
- Users who use multiple accounts to join will not be qualified for any rewards.
- Rewards will be distributed within 15 business days (not including CN & US national holidays, and weekends) after the competition concludes.
- All trades that we deem to be “wash trades” will not count towards for this competition. BitMart reserves the right to freeze any suspected accounts.
- BitMart reserves the right to cancel or amend the competition or competition rules at our sole discretion.
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.
Thanks for your support!
BitMart Team
July 22, 2021
