Dear BitMart Users,
BitMart will support SafeMoon tokenswap from V1 to V2, providing users with a swap service, so users on the platform can complete the exchange without any actions. BitMart will distribute new tokens according to the ratio afterward, based on the snapshot records. The conversion ratio of SafeMoon v1 (SAFEMOON) and SAFEMOON v2 (SFM) is 1000:1. Click here for more information on the ratio. The detailed arrangements of SafeMoon v2 (SFM) are as follows:
- Deposit feature: 1/11/2022 11:00 AM (EST)
- Trade feature: 1/11/2022 12:00 PM (EST)
- Withdrawal feature: 1/12/2022 12:00 PM (EST)
*SFM Transaction Fees Explanation: SFM token transactions charge extra 10% trading fees on top of BitMart Fees. This extra 10% fees include: 6% will be returned to the Developers to be added back to the liquidity pool for SFM tokens, and another 4% will be directly redistributed to all existing SFM token holders on BitMart. BitMart will take daily snapshots of users’ SFM transactions and distribute them daily (T+2). Find out more details of SFM 10% higher than standard trading fee structure of BitMart click here.
ATTENTION: This announcement is only intended to be a legal disclosure to BitMart users. This is not an investment advice, or an endorsement by BitMart as to the intrinsic value of a digital asset, or a commitment by BitMart team to support any specific asset/token that the announcement pertains to.
BitMart Team
Jan 10, 2022
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