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BitMart Completes the 26th 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 July 20th, 2020 to August 19th, 2020 to repurchase and burn 611,366.439243811 BMX (approx. 16,201 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/0xe53ce575b175e5812a8eeb129757df8a2fa7be8b5932f716442e69e951b0751c

Thank you for your support!

 

BitMart Team

October 30, 2020

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