Review on BitMart Token by Adedayo Adeniji
BMX The BitMart Token
BitMart Token which is symbolized as BMX is a token created by BitMart exchange and it runs on ethereum blockchain, it is ERC20 based.
In other to keep the token running BitMart has decided to use 20% of the profit yearly to buy back BMX and burn until 50% of it is burned.
You trading with BMX gives you 25% discount trading fees, as a holder of BMX you are eligible to vote for listing and as investor you can lock BMX to list tokens.
You can buy BMX on BitMart with variety of trading pairs to enjoy and you can store in any wallet that is compatible with ethereum.
BMX is native utility token of the BitMart ecosystem with great benefits and I encourage you to hold it too.
Pros
- It offers 25% trading fees discount
- It can used in vote listing
- It offers token listing by locking it
- It is ERC20 based
- It is a native utility token of BitMart
Cons
- Its circulation volume has dropped.
