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BitMart’s Mission X: Over 7 Million BMX Funded on the First Day
BitMart Exchange kicked off the official launch of Mission X: The Community Listing Market, a new program that will spark innovation for the blockchain industry with 9 projects joined and 4 already qualified for listing on the first day.
Wild Crypto (WILD) Among One of the Projects Already Qualified for Listing on BMX Market
After reaching 1 million BMX on the first day in the Investment Lab, Wild Crypto (WILD) will be listed on the BMX market by August 1st. Wild Crypto (WILD) is a website where users can play games of chance and enter lotto draws by purchasing an online ticket to bet on the outcome of the Wild Crypto Lottery or play Instant Win games on the screen to win cash prizes. This project comes from Wild Crypto B.V. which is a privately owned and operated company registered in Kaya Richard J. Beacon Z/N, Willemstad, Curaçao. This Service operates under the License No. 1668/JAZ issued to Curaçao eGaming, authorized and regulated by the Government of Curaçao.
Other projects qualifying for listing on the first day include OASES (OAS), Sancoj (SANC), and ZRX (0x).
BitMart’s Mission X Offers Advantages to Both Projects and Traders
Traditionally, investors seek out projects in their ICO stage hoping that the project will go on to become a success and give them a high return on their investment. However, in many cases, these projects fail to be listed on a major exchange and never provide investors the returns that they were looking for. None of this is to say that ICO’s are not important to the world of cryptocurrency and blockchain, but it does point to the need for a solution. That is why BitMart has developed a new way for both projects and investors to benefit from with Mission X: The Community Listing Market.
To summarize, projects will be able to raise the money necessary for listing in the Investment Lab in the form of BitMart’s token, BMX. Once the total investment for a project reaches 1 million BMX that project will be listed on the BMX market as a trading pair for BMX. Additionally, trading pairs on the BMX market will have a 0.1% trading fee, which will be rewarded to investors on a daily basis. BitMart will also raise the investment cap to 5 million BMX for projects in the first 3 days of each month following listing on the BMX market, allowing users to capitalize even further on their return on investment.
BitMart’s Coin Listing Review team will also review each project for BitMart’s main trading markets. To learn more details about this promotion here.
“This program gives users the ability to decide which projects users 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.”
What is BMX?
BitMart token (BMX) is an ERC-20 based token issued by BitMart Exchange with a total volume of 1,000,000,000 tokens. BMX also features a repurchase mechanism in which the BitMart team will take out 20% of the income earned from trading fees each month to repurchase BMX. All repurchased BMX will then be destroyed, with repurchase records released by BitMart immediately to ensure transparency. This mechanism will continue until only 500 million BMX are left. The first BMX burn has completed at the end of July, and the next round will take place at the end of August.
On July 13th, BMX was listed on CoinMarketCap (CMC) with a price of $0.0542 USD which greatly improved the exposure of BMX. The price of BMX rose to $0.055967 as of writing. It is predictably that the value of BMX will be far higher than expected in the near future.
About BitMart
BitMart aims to create a self-regulated market and decentralized mode which comes from its gene and vision. 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. It currently 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 $894,000,000USD and averages a daily trading volume between $30,000,000 and $40,000,000 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.
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.
To learn more about BitMart visit their Website, Twitter or join their Telegram.
Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.
The Singaporean ETF Market: Exponential Growth
The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics.
One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.
The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.
Regulatory Landscape and Investor Protection
The Monetary Authority of Singapore (MAS) is the…
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…
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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