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Update for BitMart’s 7th Monthly BMX Burn

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Dear BitMart Users,

 

As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from December 20th, 2018 to January 19th, 2019 to repurchase and burn 5,504,154.6982592 BMX (approx. 103,478 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

January 25, 2019

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