BitMart Weekly Report [04/22/2019–04/28/2019]

BitMart Exchange
2 min readApr 30, 2019

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Website Ranking:

  • bitmart.com has reached the global rank of 36,768th last week among all websites.

Trading Volume:

  • Highest 24-hour trading volume achieved: 606 Million USD.
  • Highest rank achieved among all exchanges on CoinMarketCap: №15

Product:

  • Developed new features and optimized the backend system.
  • Launched the “Vote for Your Coin — Round 7” webpage.
  • Launched the “BitMart Launchpad” webpage and IOTW Token Sale page.
  • Developed and implemented several new designs on the mobile App.
  • Continued technical docking with multiple pre-listing projects.
  • Tested and optimized fiat-to-crypto gateway products.
  • Optimized the matching system, push notification function, and wallet.
  • Continued development on new listing projects.

Marketing Operation:

  • Operated our social media channels, forums, and communities on a daily basis.
  • Promoted newly listed projects, trading competitions, strategic partnerships, and other campaigns.
  • Developed business relationships with multiple potential projects.
  • Screened and reviewed “Galaxy Program” applicants.
  • Launched and promoted the “IOTW Token Sale” event.
  • Launched and promoted the “Vote for Your Coin — Round 7” campaign.
  • Attended Taipei DLT101 Summit.
  • Prepared 2019 New York Block Plus Summit.
  • Continued further marketing cooperations with relevant individuals, agencies and institutes in America, Japan, Korea, Russia, Vietnam, Nigeria, and Turkey.

Business Development:

  • As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from March 20th, 2019 to April 19th, 2019 to repurchase and burn 3,557,953.65507055 BMX (approx. 110,296.56 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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BitMart Exchange
BitMart Exchange

Written by BitMart Exchange

The Most Trusted Cryptocurrency Trading Platform.

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