BitMax.io will launch Point Card in support of 50% discount for margin interest repayment. Details are as follows.
Purchase of Point Card
- Users can buy Point Card on the margin trading page (Left Corner) or go to My Asset > Buy Point Card for purchase.
- Point card is sold at 5 USDT equivalent of BTMX each. Card price is updated every 5 minutes based on the previous 1-hour average BTMX price. Purchase is completed once ‘Buy Now’ button is clicked.
- Please refer to BTMX Consumption Rule for details of BTMX deduction sequence.
- Once BTMX tokens are consumed, they will be transferred to a specific address for permanent lock-up.
Usage of Point Card
- Each Point Card is worth 5 points with 1 point redeemable for 1 USDT. Point decimal accuracy is consistent with USDT trading pair price.
- Interest will always be paid with Point Card first if available.
- Interest incurred post card purchase gets 50% off when paid with Point Card. However, discount is not applicable to existing interest.
- Point Cards sold are non-refundable.