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BitMart Exchange Launches Mission X: The Community Listing Market

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Even with the current rise in the value of cryptocurrencies, including the increase in the price of bitcoin, investors are still seeking new opportunities within the cryptocurrency market.

Recently, the “trans-fee mining” model by FCoin Exchange has become a hot topic. Many investors have been attracted to the model, seeking exchanges that offer a listing process that both lets them take part and which is profitable to them. 

BitMart recognizes the wants and needs of its users and agrees with the concept of community listing. As such, BitMart Exchange is launching Mission X: The Community Listing Market.

What is Mission X?

To summarize, projects will be able to obtain investment from supporters in the form of BMX and use it to list their tokens on the BMX market as a trading pair for BMX. All transaction fees from the BMX market will go directly to the users who supported the project. In addition, successful projects will enter BitMart’s main trading markets.

Investment Lab

Projects will first seek to obtain investment from supporters in the Investment Lab. Initially, projects will be limited to ERC-20, NEP-5, and Stellar smart contracts. Users will be invited to support their favorite projects by investing in them using BMX. The limit for investing in any given project will be 1 million BMX. Any BMX invested by supporters will be frozen for 90 days in order to allow the project enough time to reach the next stage. If a project does not reach 1 million BMX within that period, all BMX will be unfrozen and returned to investors.

BMX Market

Once investment reaches 1 million BMX, projects may enter the BMX market, offering their token as a trading pair of BMX with a 0.1% trading fee. All transaction fees from the BMX market will be rewarded to supporters on a daily basis. To ensure transparency, BitMart will disclose all earnings, along with the anonymized email addresses of the supporters. Supporters will be allowed to redeem their BMX at this stage, however, if a project falls below 1 million BMX it will be delisted from the BMX market. Warnings will be issued 15 days beforehand, giving sufficient time for re-investment. Any delisted project will return to the Investment Lab until investment reaches 1 million BMX again. Additionally, BitMart will raise the investment cap to 5 million BMX for projects during the first 3 days of each month after being listed on the BMX market.

Main Trading Markets

After being listed on the BMX market, BitMart’s Coin Listing Review team will review each project for BitMart’s main trading market. If successfully listed on BitMart Exchange, projects can still trade on the BMX market as long as investment from supporters does not fall below 1 million BMX.

What are the Benefits of Mission X?

“This program gives users the ability to decide which projects they want to be listed on the exchange, creating a self-regulated market,” said Sheldon Xia, Founder and CEO of BitMart. “It also allows projects newly out of their ICO stage to obtain listing on a major exchange early in their development path, spurring growth and innovation for blockchain technology.”

Any projects interested in BitMart’s Community Listing Market can submit their applications by filling out the following Google form: https://goo.gl/forms/pn3d84NPNlJYKCyL2.

About BitMart

BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 450,000 users worldwide and a top 40 ranking on CoinMarketCap. BitMart offers crypto-to-crypto trading for coins and utility tokens only. BitMart has a global team with extensive industry experience from all over the world including the United States, Russia, South Korea, Singapore, Japan and Hong Kong. Since launching in March, BitMart has a total trading volume of over $760,000,000USD and averages a daily trading volume between $25,000,000 and $35,000,000 USD. BitMart currently offers 53 trading pairs for BTC, ETH, USDT, XLM, EOS, VEN, NEO, OMG, ZRX, IOST, ABT, AE, AISI, BBK, BTM, DPST, EFX, GNT, HYDRO, KAN, MKR, ONT, RHOC, XRR, ZIL, MOBI, and BMX.

To learn more about BitMart visit their Website, Twitter or join their Telegram.

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone, including those who are trying this betting for the first time.…

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