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Price
0.293694 USD
% Change
0.07%
Market Cap
29.2M USD
Volume
41.5K USD
Circulating Supply
99.7M
225% from all time low
339% to all time high
217% from all time low
225% to all time high
22% are in circulation
Circulating Supply
99,749,999.99974
Max Supply
450,000,000

BitMEX Token to Hold Token Burn on February 19th

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BitMEX Token will be purchasing 10,000 USD worth of its own tokens on BitMEX Spot on the 19th of February. The purchased tokens will subsequently be burned, a process that involves permanently removing them from circulation, thereby reducing the overall supply.

Event date: February 19, 2024 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
To celebrate the Year of the Dragon 🐉 , we’re buying 10,000 USD worth of $BMEX on BitMEX Spot to burn 🔥

coming monday 19 feb… stay tuned.
The event is about to begin
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Added by Alika
Feb 16 12:30 (UTC)
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