BitMart Completes the 11th 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 April 20th, 2019 to May 19th, 2019 to repurchase and burn 3,414,437.26592596 BMX (approx. 134,528.83 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/0x53aecf0884cda436cdebe16616ae467f4b7a0de32595c81b96f30de1ff1fc480

Thank you for your support!

BitMart Team

May 30, 2019