BitMart Completes the 21st 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 February 20th, 2020 to March 19th, 2020 to repurchase and burn 4,068,458.746152193 BMX (approx. 46,380 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/0x0dd03b24a0623a65f4dd9aa3aad5dfc1c96661c794965856885e3372cf51644c

Thank you for your support!

BitMart Team

March 30, 2020