BitMart Weekly Report [05/27/2019–06/02/2019]

BitMart Exchange
2 min readJun 3, 2019

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Website Ranking:

  • bitmart.com has reached the global rank of 44,601st last week among all websites.

Trading Volume:

  • Highest 24-hour trading volume achieved: 1.136 Billion USD.
  • Highest rank achieved among all exchanges on CoinMarketCap: №17

Product:

  • Developed new features and optimized the backend system.
  • Modified several new designs on the website version of the Homepage, Exchange Center and Mobile App.
  • Updated the mechanism of the “Refer-A-Friend” Program.
  • Continued technical docking with multiple pre-listing projects.
  • Tested and optimized “fiat-to-crypto” payment gateway products.
  • Launched the “Magic Cube Live Game Show and Token Sale” event.
  • Performed pressure tests for the Open API.
  • Continued development on new listing projects.

Marketing Operation:

  • Operated our social media channels, forums, and communities on a daily basis.
  • Listed Huobi Token (HT), OKB (OKB), LINA (LINA), Magic Cube (MCC), and Kasoutuuka News (KTN) with new trading pairs: HT/USDT, OKB/USDT, LINA/BTC, LINA/USDT, MCC/ETH, MCC/BMX, and KTN/USDT.
  • Promoted newly listed projects, trading competitions, strategic partnerships, and other campaigns.
  • Developed business relationships with multiple potential projects.
  • Screened and reviewed “Galaxy Program” applicants.
  • Promoted and launched the “Magic Cube Live Game Show and Token Sale” event.
  • Completed the 11th Monthly BMX Burn.
  • 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 has used 20% of the income earned from trading fees from April 20th, 2019 to May 19th, 2019 to repurchase and burn 3,414,437.26592596 BMX (approx. 134,528.83 USD). The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.

Social Media:

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BitMart Exchange
BitMart Exchange

Written by BitMart Exchange

The Most Trusted Cryptocurrency Trading Platform.

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