BitMart Will Start the 19th Monthly BMX Burn
1 min readJan 30, 2020
Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from December 20th, 2019 to January 19th, 2020 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. You will be able to check the burn records via the blockchain browser once complete.
Thank you for your support!
BitMart Team
January 30, 2020