BitMart Completes the 16th Monthly BMX Burn

Dear BitMart Users,

As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from September 20th, 2019 to October 19th, 2019 to repurchase and burn 2,126,793.719754045 BMX (approx. 46,789 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/0x95bb504f9cc547682104bda3ff7315e1cbd46409cdab3284455e7a1d7c7fac89

Thank you for your support!

BitMart Team

November 4, 2019