BitMEX Token BMEX: Token Burn
BitMEX have just completed its 7th monthly BMEX token burn
What is coin (token) burn?
A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.
We have just completed our 7th monthly BMEX token burn.
207,288 $BMEX were bought throughout June at an average of 0.39$ and burned today. That is +14% MoM
Coming next: New utility for BMEX with the launch of BitMEX Guilds
➡️ https://www.bitmex.com/bmex ⬅️
...and if you want to verify today's burn on-chain: