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Price
0.113256 USD
% Change
0.90%
Market Cap
11.3M USD
Volume
6.04K USD
Circulating Supply
99.7M
25% from all time low
1039% to all time high
23% from all time low
741% to all time high
22% are in circulation
Circulating Supply
99,749,999.99974
Max Supply
450,000,000

BitMEX Token BMEX: Token Burn

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BitMEX has conducted a BMEX token burn on July 31st. This action involves the removal of tokens from circulation, effectively reducing the total supply of BitMEX Tokens.

Event date: July 31, 2023 UTC

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.

BitMEX
@BitMEX
Attention BitMEX traders:

We have just completed our 8th monthly BMEX token burn. 193,863 $BMEX were bought throughout June at an average of 0.36$ and burned today.

BMEX superchages your trading experience on BitMEX offering extremely competitive benefits.

Stake 100,000 BMEX and you will enjoy immediately:
➡️ 0.025% Taker Fee and 0.004% Maker Rebates
➡️ 10 withdrawal fee waivers per week
➡️ 10% APR BMEX staking yield
➡️ Guild Admin rights and more

Read more about BMEX and the benefits it delivers to traders on BitMEX: https://www.bitmex.com/bmex
BitMEX
@bitmex
And just in case you wanted to validate the BMEX burn transaction today, here is the link to etherscan too:
https://etherscan.io/tx/0xb73c88d80b913649ddc93ccfc168c7cf368324ba2444354d3106d4d4b6163b1b
The event is about to begin
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Added by Alika
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