Update for BitMart’s 2nd 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 July 20th to August 19th to repurchase and burn 4,876,406.58 BMX (approx. 150,437 USD) within 3 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.
Thank you for your support!
BitMart Team
September 10, 2018
