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BitMart Completes the 27th 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 August 20th, 2020 to September 19th, 2020 to repurchase and burn 1,063,139.445469714 BMX (approx. 29,768 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/0xc27bb02e7c147e106cdeec58e4cd0d09eb01d8b12df21baf70d228d2b9e055b3

Thank you for your support!

 

BitMart Team

October 30, 2020

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