BitMart, a leading global digital asset trading platform, is excited to announce the launch of a new feature allowing users to convert small amounts of their spot assets to BMX. This new feature allows users to easily transform small, dispersed balances of their assets into BMX tokens, significantly improving the utilization of minor assets within BitMart accounts.
In cryptocurrency trading, small amounts of balances, also known as “Dust,” refer to the tiny amounts of tokens left after a trade, too small to be traded individually. This new feature aims to solve the “Dust” problem in trading, improve the user experience, and expand the use cases of BMX.
Users who have completed KYC 1 verification can now use the BitMart website and BitMart app to make conversions, with a limit of one conversion per 24 hours. Before converting to BMX, users must ensure that all balances used for conversions are transferred to their spot accounts. Users can convert up to the equivalent of 20 USDT to BMX per day. If the token price fluctuation reaches or exceeds 5% during the conversion process, the operation will be interrupted.
A 2% service fee will be applied to all conversions and deducted in BMX after a successful conversion. Some tokens may be ineligible for conversion due to reasons such as trading suspension, delisting, or balance below 0.00000001 BMX.
Currently, BMX holders can use BMX to pay BitMart platform fees with a 25% discount. Additionally, BMX holders can participate in various platform activities, including Launchpad, Vote Listing, and Vote-to-Earn II NFT issuance, subject to regional restrictions. The introduction of this new Dust conversion feature will further enhance the value and usefulness of BMX.
About BitMart
BitMart Exchange is a leading global digital asset trading platform. With millions of users worldwide and ranked among the top cryptocurrency exchanges on CoinGecko, BitMart currently offers over 1,400 trading pairs with one of the lowest trading fees in the industry. Constantly evolving and growing, BitMart is interested in the potential of cryptocurrencies to drive innovation and promote financial inclusion.
To learn more about BitMart, visit their websitefollow them on X (Twitter) or join them Telegram for updates, news and promotions. Download theBitMart App to trade anytime, anywhere.
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