Update for BitMart’s 16th 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 September 20th, 2019 to October 19th, 2019 to repurchase and burn 2,126,793.719754045 BMX (approx. 46,789 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

October 28, 2019