BitMart Announces Wind-Down, Native BMX Token Crashes 46%
BitMart Announces Wind-Down, Native BMX Token Crashes 46%
Cryptocurrency exchange BitMart has revealed plans for an orderly wind-down of its trading platform, commencing on Sunday. The announcement had an immediate and severe impact on its native token, BMX, which plummeted 46%. Users have been urged to close all open positions and withdraw their assets within a six-month window.
Cryptocurrency exchange BitMart will shut down its trading platform, beginning an orderly wind-down on Sunday. The announcement sent BitMart Token (BMX) tumbling, with the exchange token posting double-digit losses over the past 24 hours. The platform urged users to close positions and withdraw assets without delay. BitMart Sets a 6-Month Runway Before Full Closure BitMart
The post BMX Token Crashes 46% as BitMart Announces Exchange Wind Down appeared first on BeInCrypto.