BitMart Weekly Report [01/21/2019–01/27/2019]

Website Ranking:

  • Bitmart.com’s ranking rose to 54,367th last week among all websites.

Trading Volume:

  • The highest 24-hour trading volume: 190 million USD.
  • The highest rank among all exchanges on CoinMarketCap: №9

Product:

  • Developed new functions and optimized the backend system.
  • Optimized webpages of “Trading Competition” and “Exchange Center”.
  • Continued to develop the webpage of “BitMart Star”.
  • Continued the backend docking for the fiat product.
  • Developed webpages of the new version of registration bonus and trading commissions.
  • Developed frontend and backend of OTC product.
  • Developed the new version of trading fees and day/night mode for the mobile App.
  • Continued development of new listing projects.

Marketing Operation:

  • Operated our social media channels, forums, and communities on a daily basis.
  • Listed Repo Coin with new trading pairs REPO/BTC, and REPO/ETH.
  • Promoted the new listing projects, “Vote for Your Coin — Round 6”, and trading competitions.
  • Developed business relationships with potential projects.
  • Screened and reviewed “Galaxy Program” applicants.
  • Launched BitMart User Birth Month promotions.
  • Continued further marketing cooperations with relevant individuals, agencies and institutes in Vietnam, Japan, Korea, Russia, Turkey, and Nigeria.

Business Development:

  • As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from December 20th, 2018 to January 19th, 2019 to repurchase and burn 5,504,154.6982592 BMX (approx. 103,478 USD) within 5 business days. The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX. You will be able to check the burn records via the blockchain browser once complete.

Social Media:

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