BitMart’s platform token BMX ecosystem upgrade, BMX has been listed on KuCoin.
BitMart, a leading global digital asset trading platform, announced that its token BMX has been listed on KuCoin. This move aims to further improve the liquidity and utility of BMX tokens and strengthen their value in the overall ecosystem.
The BMX ecosystem was officially launched in March 2018. BMX, which serves as a universal token for the entire ecosystem, has been working to promote innovation and development in the global blockchain industry and digital currency. The initial total supply of BMX was 1 billion, of which 360 million were burned. The initial issue price of BMX was $0.13, reaching a high of $0.42. To date, more than 800,000 users on the BitMart platform own BMX. BMX holders can use BMX to pay transaction fees and receive discounts, as well as participate in various BitMart platform activities such as Launchpad and Vote Listing.
From February 2024, the BMX ecosystem will enter a new stage of development. BMX is gradually expanding its token liquidity and will play a more central role in the ecosystem’s wallets, DEX and other infrastructure. The long-term vision of the BMX ecosystem is to build a complete ecosystem encompassing technology, products, and users. In the future, BMX will serve as both a value asset and a utility token. Additionally, the BMX ecosystem will introduce a new layer 2 solution that will act as the gas used by BMX to pay transaction fees, execute smart contracts, etc.
BitMart will also host an AMA event with 20,000 BMX rewards on social media and exclusive platform activities for BMX. Follow Bitmart official website and social media Stay up to date on the latest BMX developments.
