Introduce ZMN⇌BTC on Binance Smart Chain
Starting today your ZMN token in your wallet can be directly redeemed for Bitcoin in form of BTCB (Binance-Peg BTCB Token) via our website zmine.com
.
ZMN⇌BTC now supports 2 types of redemption
- Loan with no repayment (you got BTC, All ZMN will be kept for burned)
- Loan with repayment in 30, 90, 360 days (you got BTC, ZMN will be locked as collateral. if you repayment BTC back before deadline date you will get your ZMN token back)
.
ZMN⇌BTC Current Parameters
- The minimum collateral to create a loan is 10,000 ZMN
- Amount of collateral are incremental in form of 10,000 ZMN
- Maximum collateral amount is 100,000 ZMN per transaction
- Loan upfront interest are now 0.5% per 30days (~around 6% per year)
- Interest paid by ZMN token, all interest will be collected and kept for burned
- Repayment program of 90, 360 days will open later
- There are 500 ZMN transaction fees per transaction, that will be used for the BTC transfer fee and operation fee
- At first, we will put 1 BTC in contract and if the BTC amount in the contract is below 0.5 we will refill another 0.5 BTC in the contract within 24 hours
- All parameters above may be adjusted for appropriate later

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If you have any questions, feel free to contact us via the following channels :
Facebook: ZMINE official
E-mail: support@zmine.com
Line@: https://line.me/R/ti/p/%40zmine