NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

BitMart’s Mission X: Over 7 Million BMX Funded on the First Day

NewsBTC
NewsBTC
6 years ago
4 mins read
bitmart

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

BitMart Exchange kicked off the official launch of Mission X: The Community Listing Market, a new program that will spark innovation for the blockchain industry with 9 projects joined and 4 already qualified for listing on the first day.

Wild Crypto (WILD) Among One of the Projects Already Qualified for Listing on BMX Market

After reaching 1 million BMX on the first day in the Investment Lab, Wild Crypto (WILD) will be listed on the BMX market by August 1st. Wild Crypto (WILD) is a website where users can play games of chance and enter lotto draws by purchasing an online ticket to bet on the outcome of the Wild Crypto Lottery or play Instant Win games on the screen to win cash prizes. This project comes from Wild Crypto B.V.  which is a privately owned and operated company registered in Kaya Richard J. Beacon Z/N, Willemstad, Curaçao. This Service operates under the License No. 1668/JAZ issued to Curaçao eGaming, authorized and regulated by the Government of Curaçao.

Other projects qualifying for listing on the first day include OASES (OAS), Sancoj (SANC), and ZRX (0x).

BitMart’s Mission X Offers Advantages to Both Projects and Traders

Traditionally, investors seek out projects in their ICO stage hoping that the project will go on to become a success and give them a high return on investment. However, in many cases, these projects fail to be listed on a major exchange and never provide investors the returns that they were looking for. None of this is to say that ICO’s are not important to the world of cryptocurrency and blockchain, but it does point to the need for a solution. That is why BitMart has developed a new way for both projects and investors to benefit from with Mission X: The Community Listing Market.

To summarize, projects will be able to raise the money necessary for listing in the Investment Lab in the form of BitMart’s token, BMX. Once the total investment for a project reaches 1 million BMX that project will be listed on the BMX market as a trading pair for BMX. Additionally, trading pairs on the BMX market will have a 0.1% trading fee, which will be rewarded to investors on a daily basis. BitMart will also raise the investment cap to 5 million BMX for projects in the first 3 days of each month following listing on the BMX market, allowing users to capitalize even further on their return on investment.

BitMart’s Coin Listing Review team will also review each project for its main trading markets. Learn more details about this promotion here.

“This program gives users the ability to decide which projects users want to be listed on the exchange, creating a self-regulated market,” said Sheldon Xia, Founder and CEO of BitMart. “It also allows projects newly out of their ICO stage to obtain listing on a major exchange early in their development path, spurring growth and innovation for blockchain technology.”

What is BMX?

BitMart token (BMX) is an ERC-20 based token issued by BitMart Exchange with a total volume of 1,000,000,000 tokens. BMX also features a repurchase mechanism in which the BitMart team will take out 20% of the income earned from trading fees each month to repurchase BMX. All repurchased BMX will then be destroyed, with repurchase records released by BitMart immediately to ensure transparency. This mechanism will continue until only 500 million BMX are left. The first BMX burn has completed at the end of July, and the next round will take place at the end of August.

On July 13th, BMX was listed on CoinMarketCap (CMC) with a price of $0.0542 USD which greatly improved the exposure of BMX. The price of BMX rose to $0.055967 as of writing. It is predictably that the value of BMX will be far higher than expected in the near future.

About BitMart

BitMart aims to create a self-regulated market and decentralized mode which comes from its gene and vision. BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 450,000 users worldwide and a top 40 ranking on CoinMarketCap. It currently offers crypto-to-crypto trading for coins and utility tokens only. BitMart has a global team with extensive industry experience from all over the world including the United States, Russia, South Korea, Singapore, Japan and Hong Kong. Since launching in March, BitMart has a total trading volume of over $894,000,000 USD and averages a daily trading volume between $30,000,000 and $40,000,000 USD. BitMart currently offers 53 trading pairs for BTC, ETH, USDT, XLM, EOS, VEN, NEO, OMG, ZRX, IOST, ABT, AE, AISI, BBK, BTM, DPST, EFX, GNT, HYDRO, KAN, MKR, ONT, RHOC, XRR, ZIL, MOBI, and BMX.

Any projects interested in BitMart’s Community Listing Market can submit their applications by filling out the following Google form: https://goo.gl/forms/pn3d84NPNlJYKCyL2.

To learn more about BitMart visit their Website, Twitter or join their Telegram.

 

Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC 
or any of its team members. NewsBTC is neither responsible nor liable for the accuracy of 
any of the information supplied in Sponsored Stories/Press Releases such as this one.
Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

How Cryptomus Ensures Compliance: KYC & AML In Crypto Payments

Until recently, the crypto world was associated with anonymity and freedom from government control. But the popularity of Bitcoin and...

News BTC 5 days ago

Коя криптовалута е по-вероятно да превърне инвеститорите в милионери: Solana или Ethereum?

Мечтата за забогатяване чрез криптовалути продължава да вдъхновява инвеститори по цял свят. В центъра на този дебат се намират два...

Georgi Petrov 1 week ago
Best Altcoin in 2025? SpacePay Is the Top Undervalued Pick For Long-Term Gains

Best Altcoin in 2025? SpacePay Is the Top Undervalued Pick For Long-Term Gains

The crypto market in 2025 is packed with flashy projects promising the moon, but sometimes the best opportunities hide in...

ericdunne519 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

SpacePay Takes the Lead

Best Crypto Presale in 2025: SpacePay Takes the Lead

ericdunne519 12 hours ago
SpacePay Is Solving the One Problem That Held Crypto Back for Years

SpacePay Is Solving the One Problem That Held Crypto Back for Years: Presale Is On

ericdunne519 2 days ago
Why SpacePay Is the Go-To App for Hassle-Free Crypto Payments

Why SpacePay Is the Go-To App for Hassle-Free Crypto Payments

ericdunne519 5 days ago

Premium Sponsors

Press Releases

  • Ethereum Enthusiasts Easily Earn a Stable Daily Income of...

    7 hours ago
  • Hledáte nejlepší kryptoměny k nákupu v roce 2025

    Hledáte nejlepší kryptoměny k nákupu v roce 2025? Tady...

    9 hours ago
  • Cauți cele mai bune criptomonede de cumpărat în 2025?...

    10 hours ago
  • Tražite najbolje kriptovalute za kupnju u 2025. 4 top izbora za vaš portfelj

    Tražite najbolje kriptovalute za kupnju u 2025.? 4 top...

    10 hours ago
  • 今が狙い目の割安アルトコイン特集|注目すべき銘柄をチェック!

    ...

    14 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.