BitMart Exchange is a global digital assets trading platform with over 2.2 million users worldwide. The centralized exchange was launched in 2018 and is based in the Cayman Islands. It also has offices located in New York, China, Hong Kong, and Seoul. BitMart's vision is “to bring cryptocurrency available to everyone everywhere. They believe that the decentralized digital currency will reshape the global economy fundamentally, such financial freedom would bring further economic innovation, efficiency, and equality to the world.” BitMart says it won’t happen unless they build simple, and secure products for individuals and institutions around the world to discover and interact with this new frontier. The exchange has three main priorities; being trustworthy, accessible, and professional. BitMart supports spot trading, otc trading, and USD trading.
BitMart token (BMX) is the native token of the cryptocurrency exchange. BMX runs natively on the Ethereum blockchain. The BMX token has been established with a total supply of 1 billion. BitMart plans to use 20% of their profits each quarter to buy back and burn BMX until 50% of the total BMX supply is burned.