BitMart Announces Upcoming 50% Discount Sales On XRP. Here’s how to Benefit

In the latest development, BitMart, a leading digital asset exchange, recently announced an upcoming 50% discount on XRP tokens sales as part of their “More Crypto, fewer Fees” campaigns.

BitMart disclosed its latest plan via a tweet on its official Twitter handle to its 698k followers. The latest offer by BitMart was a move that strives to reward the exchange users for their steadfast support and loyalty.

Details Of The Discount Sales

BitMart’s discount offer is scheduled to run between June 21 and June 22, providing BitMart users with a rare opportunity to purchase XRP at substantially subsidized prices.

Per BitMart, eligible users for the 50% discounted sales offer must obtain a ticket via BitMart Launchpad; the ticket will serve as the entry point for participating in the rare opportunity to amass XRP tokens.

Notably, once the flash XRP sales by BitMart kick-off, eligible users would purchase XRP at a price roughly 50% lower than the average price observed in the last two days.

Other Important Necessary Conditions to Participate

Most importantly, every qualified user for the upcoming flash XRP sales must complete the Know Your Customer (KYC) verification process before June 20, 2023.

In addition, Tether (USDT) is the only permitted subscription currency for the upcoming flash sales, implying that every potential partaker of the event must have USDT available in their BitMart accounts.

It bears mentioning that BitMart’s latest move is coming barely six months after the exchange listed XRP amidst the ongoing lawsuit between Ripple and the United States Securities and Exchange Commission (SEC).

Despite declaring its support for Ripple in its legal dispute against the U.S. SEC, BitMart does not permit XRP trading for its U.S. users, implying that these users are not eligible to participate in the upcoming flash sales.

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Chinedu Agbakwusi

Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.