Dear BitMart Users,
To reward the community members for their support of CareCoin (CARE), we are giving away 960,000 CARE in our Trading competition, 417,000 CARE in Trade to Share, and launching a fixed savings promotion with 120% APY!
Period: 3/22/2023 10:00 AM to 4/6/2023 10:00 AM (UTC)
I. Trading Competition - 960,000 CARE Giveaway!
Users will be ranked in terms of the total trading volume (buy+sell) of CARE. The top 20 users with the highest trading volume will be rewarded with corresponding rewards.
1st: 192,000 CARE
2nd: 144,000 CARE
3rd: 96,000 CARE
4th-10th: 43,200 CARE each
- 11th-20th: 22,560 CARE each
👉Trade Now CARE/USDT
II. Trade to Share - 417,000 CARE Giveaway!
During the event period, users who have the trading volume (buy+sell) greater than or equal to 100 USDT of CARE will be eligible to join a lucky lottery. 300 users will be drawn to receive 1,390 CARE each (Excluding the top 20 traders).
👉Trade Now CARE/USDT
III. Fixed Savings Promotion - 120% APY!
CARE Savings Promotion will offer a 14-day basic financial product in CARE.
- 14-DAY: 120% APY
- For this Fixed Savings product, the total available subscription volume is 300,000,000 CARE.
- User A has subscribed for 5,000 CARE with a 30-day lock-up period. After the product matures, the interest earned by user A is
5,000 * 30 * 120% / 365 = 493.15 CARE
What is BitMart Fixed savings?
Fixed savings pays 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.
- 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.
- Only registered BitMart users can participate in the promotions.
- 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. BitMart reserves the right to freeze any suspected accounts.
- For the Trading promotion, the rewards will be distributed within 15 business days (not including national holidays, and weekends) after the competition concludes.
- BitMart reserves all rights for the final explanation.
- This activity is not related to Apple inc.
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!
Mar. 22, 2023