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BitMart Completes the 23rd 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 April 20th, 2020 to May 19th, 2020 to repurchase and burn 2,430,181.551913309 BMX (approx. 33,050 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/0x0f1ded0236c487d70a554aa445518a482a11c5c126d6c84bbf00eb344d47db87

Thank you for your support!

 

BitMart Team

June 17, 2020

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