Update for BitMart’s 12th Monthly BMX Burn

Dear BitMart Users,

As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from May 20th, 2019 to June 19th, 2019 to repurchase and burn 3,258,154.86440221 BMX (approx. 136,842.5 USD) within 5 business days. 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

July 1, 2019