BitMart Weekly Report [02/25/2019–03/03/2019]

Website Ranking:

  • Bitmart.com’s global ranking rose to 38,567th last week among all websites.

Trading Volume:

  • Highest 24-hour trading volume achieved: 316 Million USD.
  • Highest rank achieved among all exchanges on CoinMarketCap: №18

Product:

  • Developed new functions and optimized the backend system.
  • Designed webpage for BitMart “1-Year Anniversary” Campaign, coming soon.
  • Developed a new webpage of “About Us”.
  • Developed frontend and backend on OTC product.
  • Optimized quantitative projects.
  • Continued development on new listing projects.

Marketing Operation:

  • Operated our social media channels, forums, and communities on a daily basis.
  • Listed Skillchain (SKI) and BitTorrent (BTT) with new trading pairs: SKI/BTC, BTT/BTC, and BTT/USDT.
  • Promoted new listing projects, trading competitions, strategic partnerships, and other campaigns.
  • Developed business relationships with multiple potential projects.
  • Screened and reviewed “Galaxy Program” applicants.
  • Prepared BitMart “1-Year Anniversary” Campaign.
  • Attended New York University 2019 Internship Career Fair.
  • 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 January 20th, 2019 to February 19th, 2019 to repurchase and burn 4,861,137.0033853 BMX (approx. 79,722.65 USD) within 5 business days. The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX. Users will be able to check the burn records via the blockchain browser once complete.

Social Media:

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