Introducing STRM Trade: 240% Rewards in BUSD, Distributed Weekly!
Update: The 240% Plan is closed on June 30.
We’re pleased to introduce STRM Trade, a new portal designed to provide diverse earning possibilities within the StreamCoin ecosystem. This portal is set to help users utilize STRM more efficiently to get steady returns paid in stablecoins.
In the long term, STRM Trade will contribute to the growth of StreamCoin and its core services. We’ll work to achieve this by burning more tokens to reach our milestone of substantially decreasing the STRM circulating supply by the end of 2023.
What Is STRM Trade?
Introduction
STRM Trade is a portal that provides users with a simple way to utilize their STRM and earn a steady income in BUSD. Getting returns in a well-known stablecoin like BUSD can hedge against the short-term price volatility of the other tokens in the market.
The trading mechanism on the portal is straightforward. Users need to make one trade by sending their STRM to the portal’s address. In return, they get weekly rewards of BUSD distributed throughout one year starting from the day of making the trade. The more trades users do, the more rewards they get.
Rewards amount
The amount of rewards is based on the plan that the user selects. Currently, the available plan gives a lucrative 240% reward in BUSD. For example, if you traded STRM worth 100 BUSD, you will get 240 BUSD in one year. But instead of waiting for one whole year, you will get your rewards on a weekly basis (unlocked).
Please note that gas fees will be applied from the BNB Chain network, so the amount received in BUSD may get slightly below the expected amount.
The referral program
On top of that, STRM Trade also offers another way of maximizing your returns through a special referral program. When making your first trade on the portal, you’ll get a referral code that can be shared with friends and family.
For anyone who registers on STRM Trade using your referral code, you earn an additional 10% of all trades your referee makes on the portal. These rewards are also distributed in BUSD and can be claimed almost instantly after receiving them.
How To Get Started With STRM Trade?
To start with STRM trade, you’ll need the following:
- An email address to register on the portal.
- An Aladdin Pro Wallet account to make the trade and receive the rewards.
- A minimum of 100 BUSD worth of STRM (the min. requirement for any plan).
- The STRM balance should be BEP20 tokens only.
Signing up, KYC verification, making trades, and other functionalities are explained in detail in the STRM Trade manual. You can check the available languages for the manual at https://trade.stream-coin.com/.
The More You Earn, the More We Burn
Despite many challenges due to market conditions, we remain steadfast in our commitment to further decrease the circulating supply of STRM. In a new step towards this, we’ve decided to expand the STRM Burn to include proceeds received from the new portal.
Our unwavering commitment in this regard signifies our belief in the long-term value of our ecosystem and its stability and efficiency. With the successful launch of STRM Trade, we’ve started to do daily burns from the circulating supply.
To keep you updated, we’ll post each new burn in the StreamCoin Community on Telegram. An additional weekly brief of all the previous burns in the respective week will be posted on our social media along with the updated total supply and circulating supply.
If you have any questions, you can reach out to us in the StreamCoin Official community on Telegram.