Price change (24h):
0.56%
High (24h):
$0.328662
Low (24h):
$0.312058
Volume (24h):
$9.78M
Market Cap:
$108.56M
All Time High:
48.32% $0.62
Jun 5, 2024
All Time Low:
4656% $0.01
Mar 13, 2020
12.56 %(1Y)
$0.319848
Price change (24h):
0.56%
High (24h):
$0.328662
Low (24h):
$0.312058
Volume (24h):
$9.78M
Market Cap:
$108.56M
All Time High:
48.32% $0.62
Jun 5, 2024
All Time Low:
4656% $0.01
Mar 13, 2020
BitMart Token (BMX) is a cryptocurrency launched in 2017, designated as a centralized exchange utility token on Ethereum. Originally minted as BMC, the asset underwent a symbol change to BMX in January 2018 after discovering that the BMC ticker was already claimed by an external project.
BMX is the native token of the BitMart exchange, a trading venue registered in the Cayman Islands. Its primary utility lies in systematically reducing transaction costs across spot, margin, and derivatives markets, and in granting access to token sale events and community reward programs. The token’s mechanics directly address the friction of high platform fees that erode active trader profitability.
BMX operates on the Ethereum network. The token conforms to the ERC-20 standard, with its core smart contract residing at 0x986ee2b944c42d017f52af21c4c69b84dbea35d8.
The BMX smart contract retains the ticker BMC in its on-chain record—a remnant of its original issuance observable across Etherscan and Ethplorer. The token employs standard ERC-20 functions for balance queries, transfers, and third-party spending approvals. Its on-chain footprint is fully transparent, with all token movements recorded on the Ethereum ledger without privileged minting capabilities beyond the genesis allocation.
BitMart Token was initially minted by the BitMart exchange team in December 2017 under the ticker BMC. The symbol change to BMX occurred in January 2018 after the project discovered that an unrelated asset had already claimed the BMC identifier. The rebranding was executed at the application layer while the smart contract continued to reflect the original ticker.
BitMart designed BMX to function as the core loyalty and incentive layer of its trading platform. The overarching aim is to retain active users by offering a tangible reduction in trading overhead and by granting early access to new token listings and promotional campaigns. This economic flywheel channels increased exchange volume back into token utility.
BMX operates mechanically as a fee-reduction instrument; users holding a specified balance receive a graduated discount on all BitMart trading pairs. The token also serves as the settlement currency for fee payments, substituting for the denominated asset and lowering the net cost. Access to platform-level events—such as Launchpad token distributions and airdrop campaigns—requires maintaining a minimum BMX position in the exchange wallet.
High-volume traders accrue immediate savings by holding BMX, as the exchange automatically applies lower maker and taker fees to their accounts. During platform launchpad events, locking BMX secures a weighted allocation of new token distributions, translating into tangible asset upside. The token also qualifies holders for periodic fee rebates and referral bonuses that compound the initial cost reduction.
BitMart Token has a maximum supply of 881,679,315 tokens. Currently, 339,412,030 BMX are in circulation, out of a total supply of 639,412,030. A further 242,267,285 tokens remain unissued between the total and maximum supply caps. With a market capitalization of $109,183,213, BitMart Token ranks #269 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $0.33 | $0.33 | $0.33 | $0.33 |
| 07/07/2026 | $0.33 | $0.33 | $0.33 | $0.31 |
| 06/07/2026 | $0.33 | $0.33 | $0.34 | $0.31 |
| 05/07/2026 | $0.32 | $0.33 | $0.34 | $0.32 |
| 04/07/2026 | $0.33 | $0.33 | $0.35 | $0.32 |
| 03/07/2026 | $0.33 | $0.33 | $0.35 | $0.33 |
| 02/07/2026 | $0.34 | $0.33 | $0.35 | $0.32 |
| 01/07/2026 | $0.33 | $0.34 | $0.34 | $0.32 |
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