BitMart Completes the 24th 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 May 20th, 2020 to June 19th, 2020 to repurchase and burn 1,684,641.057560496 BMX (approx. 23,753 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/0x8b709a193d9887d1710d6c3e43df1e3e5098e48a433ed96757721bdd7bdcc0a0

Thank you for your support!

BitMart Team

June 30, 2020