BitMart, a leading cryptocurrency exchange, has introduced a new feature that allows fans of Shiba Inu to purchase SHIB tokens at a discounted rate of 30%. In an announcement made on X, BitMart revealed that this flash sale will be accessible through their upcoming launchpad. The purpose of this initiative is to reward users for their unwavering support.
The specifics of the Shiba Inu discount are as follows: this flash sale will mark the 43rd installment of BitMart’s ongoing “More Crypto, Less Fees” campaign and will commence on Friday, April 26, running until the following day. To take advantage of this 30% discount, BitMart users must participate in the upcoming campaigns in order to secure tickets. These tickets will serve as entry passes to an exclusive lottery for the flash sale, where users have the chance to win the discount.
Each BitMart user is eligible to obtain up to two tickets. It’s important to note that the sale price will reflect an approximate 30% reduction from the average price of Shiba Inu over the past two days. Additionally, users must fulfill certain requirements to participate in the event. They must complete the Know Your Customer (KYC) process by April 25, 2024, and maintain a possession of at least 100 BMX tokens, BitMart’s native token, for a two-day average between April 23 and April 24, 2024.
It’s worth mentioning that participation in this event is exclusively through BitMart Launchpad, and the exchange has clarified that the flash sales are not subject to the usual three-day price protection rule. However, residents from select countries, including the United States, China, and Singapore, are not eligible for the Shiba Inu discount.
BitMart’s previous flash sale offered a 30% discount on Bitcoin, and they have also provided similar discounts for tokens such as BRETT and BOME in the past.
The choice of Shiba Inu as the focus of BitMart’s 43rd campaign has generated a significant reaction within the SHIB community. Lola, a prominent figure in the community, expressed surprise and appreciation for the exchange’s generous 30% discount. In addition, BitMart is currently running another promotion where they will randomly select 10 qualified users to receive a 30% discount on Shiba Inu through a flash sale whitelist.
Please note that this content is intended for informational purposes only and should not be considered as financial advice. The opinions expressed in this article are solely those of the author and do not reflect the views of The Crypto Basic. Readers are advised to conduct their own research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.
