BitMart Completes the 8th Monthly BMX Burn

BitMart Exchange
1 min readMar 11, 2019

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Dear BitMart Users,

As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from January 20th, 2019 to February 19th, 2019 to repurchase and burn 4,861,137.0033853 BMX (approx. 79,722.65 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/0xa95f11431f149995823fef54bb1a91918ef55b778f9f8b379505c8090c356540

Thank you for your support!

BitMart Team

March 6, 2019

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BitMart Exchange
BitMart Exchange

Written by BitMart Exchange

The Most Trusted Cryptocurrency Trading Platform.

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