Update for BitMart’s 5th 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 October 20th to November 19th to repurchase and burn 6,961,332.84518335 BMX (approx. 120,431.058221672 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

November 28, 2018

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