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BitMart Completes the 31st Monthly BMX Burn

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Dear BitMart Users,

 

As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from December 20th, 2020 to January 19th, 2021 to repurchase and burn 2,473,870.526255 BMX (approx. 70,753 USD). The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.

We have completed this round of BMX burn. You can check the burn records via the blockchain browser: https://etherscan.io/tx/0x79665a7e054b1ea944630b18132a1c5227425bffd51218f2f3fb7dfafc1aed3d

Thank you for your support!

 

BitMart Team

February 14, 2021

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