BitMart Weekly Report [10/21/2019–10/27/2019]
2 min readOct 29, 2019
Global Achievement:
- bitmart.com has reached the global rank of 15,300th last week among all websites.
- Highest 24-hour trading volume achieved: 854 Million USD.
- Highest rank achieved among all exchanges on CoinMarketCap: №2.
Product Development:
- Developed iOS App 2.0.8 and Android App 2.0.6.
- Upgraded the website security policy.
- Developed new functions: auto token sending, Workstation auto-configuration, etc.
- Continued to develop the new matching system.
- Built a new data warehouse.
- Supported quantitative strategies and token swap for partners/projects.
- Improved liquidity for multiple trading pairs.
- Continued technical docking with multiple pre-listing projects.
- Continued development on new listing projects.
Marketing Operation:
- Operated our social media channels, forums, and communities on a daily basis.
- Listed XRPHD (XHD), MATH (MATH), and WaykiChain (WICC) with new trading pairs: XHD/BHD, MATH/USDT, WICC/BTC, and WICC/USDT.
- Negotiated and prepared multiple pre-listing projects.
- Promoted newly listed projects, strategic partnerships, and trading competitions.
- Launched the XRPHD (XHD) Token Sale Event.
- Promoted BitMart Halloween Photo Contest.
- Promoted Quick Exchange Promotion — Round 3.
- Prepared the Thanksgiving Campaign.
- Developed business relationships with multiple potential projects.
- Continued further marketing cooperations with relevant individuals, agencies and institutes in the U.S., Japan, Korea, Russia, Vietnam, Nigeria, and Turkey.
Important Update:
- Recently, BitMart Labs, an international blockchain incubator launched by BitMart Exchange formally participated in Nova Club’s Supernova Landing Program. In the future, BitMart Labs will work with Nova Club on building a global investment ecosystem.
- As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from September 20th, 2019 to October 19th, 2019 to repurchase and burn BMX tokens with records released later. 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:
- Twitter: https://twitter.com/BitMartExchange
- Facebook: https://www.facebook.com/bitmartexchange
- LinkedIn: https://www.linkedin.com/company/bitmart
- Telegram: https://t.me/BitMartExchange
- YouTube: https://www.youtube.com/c/BitMartExchange
- Reddit: https://www.reddit.com/r/bitmartexchange
- Medium: https://medium.com/@bitmart.exchange
- Steemit: https://steemit.com/@bitmart
- Instagram: https://www.instagram.com/bitmart_exchange/
