Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from November 20th to December 19th to repurchase and burn 7,867,711.52606 BMX (approx. $125,883.384417 USD) within 7 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
December 27, 2018
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