An announcement that excited its users came from the crypto money exchange BitMart. BitMart will allow its users to purchase XRP for 50% less than its average value. Accordingly, the crypto exchange released a statement on its official Twitter account.
BitMart will launch 50% off sale for XRP
BitMart, a leading crypto exchange, recently announced an exciting opportunity for its users. The exchange has announced the upcoming XRP 50% Off Flash Sale event as part of its “More Crypto, Less Fees” campaigns. This initiative aims to reward BitMart users for their continued support and loyalty.
https://twitter.com/BitMartExchange/status/1669737967311638529
The XRP 50% Off Flash Sale will take place from June 21-22. It will also offer participants a unique chance to get XRP at a substantial discount. In order to participate in this special event, users need to purchase a ticket on BitMart Launchpad. This ticket acts as the entry point to participate in the flash sale.
During the Flash Sale, participants will have the opportunity to purchase XRP at a price approximately 50% lower than the average price observed in the last two days. This attractive discount will allow users to expand their crypto portfolios. It will also allow them to invest in XRP at a lower cost.
Conditions Bitmart is looking for for Flash Sale
To ensure fair distribution and prevent hoarding, BitMart has set some rules for Flash Sale. Each user is limited to purchasing a maximum of one ticket. Also, the total number of tickets available depends on the amount of XRP allocated for the event. To participate in the Flash Sale, users must have completed the Know Your Customer (KYC) verification process by June 20, 2023.
Meanwhile, the subscription currency for the Flash Sale will be Tether (USDT). This means that users must have USDT in their BitMart account in order to purchase XRP during the event. The campaign will take place about six months after BitMart finally lists XRP. As we reported on Kriptokoin.com, the leading cryptocurrency exchange officially announced its support for XRP in January amid the SEC lawsuit. However, BitMart does not allow XRP trading for its users in the US. Therefore, the 50% off Flash Sale is also not open to US residents.
At press time, XRP was trading at $0.4805, up 1.87% on a daily basis. However, the token has lost around 4.5% over the past week. Ripple is constantly on the agenda due to its lawsuit with the SEC. So, XRP’s next price action will most likely be determined by the outcome of this case.
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