nami.exchange would like to inform New Rule for Buy Back Offering – BNB Session which starts by 08:08 PM August 26, 2019 (GMT+7)
- Buy Back: BNB/USDT
- Total Buy Back: 2000 BNB
- Buy Back Price: 1 BNB = 40 USDT
- Buy Back mechanism: lottery ticket
- SPIN holding period: at least 3 days before Buy Back time
- Ticket issue: 07:00 pm, 26/08/2019
- Lottery Draw: 08:08 pm, 26/08/2019
- Winning lottery tickets: maximum 50 BNB/ticket, no limit to number of winning ticket
Buy Back Mechanism
- 07:00 PM 26/8/2019, number of tickets will be issued to users based on SPIN holding.
- 07:00PM – 08:00PM, 26/8/2019, user will fill in the sale amount of BNB for each ticket, maximum 50 BNB/ticket
- 08:08PM 26/8/2019, start Lottery Draw and Announce 40 winning tickets to complete the BNB sale order.
For example, user holding 5000 SPIN will receive 4 tickets, maximum 50 BNB/ticket. He has 200 BNB in balance at current market price of $27/BNB and allocated these BNB to sell in 4 tickets. Luckily, he got 2 winning tickets and can sell 100 BNB at Buy Back price of $40/BNB. As a result, he earns profit of 1300 USDT and keep all his 5000 SPIN in balance.
SPIN balance will be scanned continually for the next series of Buy Back programs as below
Terms and Conditions
Users are required to hold SPIN at least 3 days before Buy Back time. SPIN balance will be scanned automatically by 00:00 everyday. Your ticket claim will depend on the lowest balance as below table:
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About Nami Corporation
Nami Corp. is a global FinTech company working on Investment and Technology based on Blockchain. It’s not just a single platform, we have created the whole Ecosystem to help Contributors and Traders around the world to utilize their experience and their money with the slogan “Change mindset, make giant steps”.
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