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BitMart Completes the 25th 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 June 20th, 2020 to July 19th, 2020 to repurchase and burn 1,719,817.279379073 BMX (approx. 25,969 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/0x30108afbbda2cc9077f2e5a670a9d7a98e40fd353b7564ab12bf1f39c60a45dd

Thank you for your support!

 

BitMart Team

October 30, 2020

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