In a post on X, Cryptocurrency exchange BitMart announced a limited-time opportunity for Shiba Inu (SHIB) enthusiasts to purchase the popular meme coin at a 30% discount. This promotion is part of BitMart’s ongoing “More Crypto, Less Fees” initiative, designed to provide users with attractive buying opportunities.
Scheduled to begin on Friday, April 26th, and end the following day, this 43rd installment of the “More Crypto, Less Fees” campaign invites BitMart users to take part in special activities to earn tickets for the flash sale.
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Each user has the chance to obtain up to two tickets for the discount lottery. It is crucial to know that the 30% discount will be calculated based on SHIB’s average price over the previous two days.
To participate, users must have completed BitMart’s Know-Your-Customer (KYC) verification by April 25th, 2024. Furthermore, between April 23rd and 24th, they must hold an average of at least 100 BMX (BitMart’s native token).
Note that residents of select countries, including China, Singapore, and the United States, are excluded from participation. Purchases can only be made through the BitMart Launchpad, and the standard 3-day price protection rule will not apply to these Flash Sale transactions.
Unsurprisingly, the Shiba Inu community has responded enthusiastically to the BitMart discount, with prominent members like Lola expressing positive reactions to the news. Additionally, BitMart is running a flash sale whitelist designed to grant another 30% SHIB discount to 10 randomly selected, eligible participants.
In light of this news, Shiba Inu has experienced notable price fluctuations. According to data from Coinmarketcap, the meme coin currently trades at $0.0000273 with a 3.43% increase in the last 24 hours.
Potential participants need to be reminded that any cryptocurrency investment carries inherent risk. Before purchasing SHIB, even at a discount, it’s advisable to conduct thorough research and consider your risk tolerance.
Read Also: Shiba Inu (SHIB) Price Sees Over 50% Flash Crash On Coinbase. Here’s why
BitMart routinely offers similar promotions through their “More Crypto, Less Fees” campaigns. In the past, this has included discounted opportunities for Bitcoin (BTC), BRETT, and BOME.
BitMart is a well-established cryptocurrency exchange known for its variety of listed assets and trading features. While the Shiba Inu flash sale offers an enticing opportunity, users must familiarize themselves with BitMart’s platform and understand any associated fees or terms of service before participating.
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