BitMart destroyed its platform currency BMX on July 16, destroying about 1.46 million BMX tokens

2025-07-17 10:52:01 12 hours ago CoinRank

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CoinRank News: According to the official announcement, BitMart destroyed 1,465,562.497 BMX (about 395,701 USD) on July 16. According to the Buyback Mechanism in the BitMart white paper, 20% of BitMarts platform fee income in the second quarter of 2025 will be used for the monthly buyback and destruction of BMX. The destruction of BMX will continue until 500 million BMX are destroyed to ensure a permanent reduction in the total amount.

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