BitMEX Token to Hold Token Burn

Name: Token Burn
Start: 2025-01-02T00:00:00Z
End: 2025-01-03T00:00:00Z

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BitMEX Token has burned 1,414,921 BMEX on January 2nd.

Event date: January 2, 2025 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

🔥 Our Highest $BMEX Token Burn Yet 🔥

We double the max number of tokens to be burned monthly to $1m and hit it right away.

A total of 1,414,921 $BMEX were burned today - marking a milestone for BMEX’s growth with the highest burn to date.

A reminder: We utilise December’s

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