BitMart Completes the 17th 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 October 20th, 2019 to November 19th, 2019 to repurchase and burn 3,595,029.050766319 BMX (approx. 79,091 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/0x00f8846378e080d1e713b9a977fb126d42412eb500e7cdb77c2df032181ad278

Thank you for your support!

BitMart Team

December 5, 2019