BitMart Completes the 15th Monthly BMX Burn
1 min readOct 2, 2019
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, 2019 to September 19th, 2019 to repurchase and burn 1,841,643.18121963 BMX (approx. 60,406 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/0x60680d2fd6414cfcccfd6f0eea00b4d12f0d5576de3c2296c1e9a6db9341f09a
Thank you for your support!
BitMart Team
October 2, 2019