Dear BitMart Users,

As stated the “Repurchase Mechanism” in our white paper, BitMart has used 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). The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.

You can check the burn records via the blockchain browser:

https://etherscan.io/tx/0x82a368197a5537750a49dbc8d4741b86bfd0c239498ea13b53063304eec88040

Thank you for your support!

BitMart Team

January 29, 2019