55 Exchange implements “Buying Mining” mechanism, which returns up to 300% of the user's purchase fee through mining.
User who operate buying can get a return of 300% of the trade fee (when the accumulated trade fee of user on the day is less than 1.5USDT, only the short-term part will be return to user, that is 100%). The return cycle will be divided into short-term and long-term:
The short-term return will include the FF equivalent to 20% of the trade fee from the next day, and lasting for 5 days, accumulating 100%;
Long-term return will include 0.2% of the trade fee daily for 1000 days, accumulating 200%.
In calculating price of FF , the return price is calculated based on the listing price on the first day of listing; then, the daily FF price is calculated based on the average daily transaction price (VWAP).
The daily time is begin at 0:00 GMT. For example, if trade fee of a user reach 1 BTC, it will return FF equivalent to 1 BTC for short-term return, and FF equivalent to 2 BTC for long-term return.
Currently buying mining is limited to FF trade pairs.