BitMart Completes the 22nd 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 March 20th, 2020 to February 19th, 2020 to repurchase and burn 2,801,726.960839834 BMX (approx. 33,621 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/0x0e703f150f6a1e0ac109b33031dd6994f28636a80a9d3fa2018ce78b2e39df8c

Thank you for your support!

BitMart Team

May 12, 2020