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Fourth largest quarterly burn exceeding 150 million EXM
On 5th January 2024, we will be conducting a major burn of our EXMO Coin (EXM) token.
Last quarter, we burned 387,701 EXM received from the sale of EXMO Premium packages.
The next one will take place on 5th January 2024.
It’s going to be the fourth-largest EXM burn, as we will utilise tokens received from EXMO Premium package sales and, additionally, 150 million unlocked EXM.
Each burning event reduces the number of tokens in circulation, thereby raising the token’s price, even when demand remains unchanged. So don’t forget to keep track of EXMO Coin’s performance!
For your convenience, we’ve compiled the entire history of all EXM burns in an informative table.
| Burn event | EXM burned | EXM price in BTC* | EXM price in USDT* | USD value* | Q3 2023 | 387,701 | 0.00000026 | 0.00711358 | 2,757 |
| Q2 2023 | 150,000,000 and 352,991 | 0.00000043 | 0.01284 | 1,932,531 |
| Q1 2023 | 278,898 | 0.00000051 | 0.01466 | 4,551 |
| Q4 2022 | 150,415,255 | 0.0000008 | 0.0148746 | 2,237,366 |
| Q3 2022 | 561,061 | 0.00000084 | 0.01666447 | 9,299 |
| Q2 2022 | 150,617,834 | 0.00000114 | 0.0249092 | 3,304,891 |
| Q1 2022 | 501,963 | 0.00000064 | 0.0298 | 15,132 |
| Q4 2021 | 599,300 | 0.00000106 | 0.04949992 | 29,167 |
| Q3 2021 | 306,761 | 0.00000155 | 0.069 | 21,331 |
| Q2 2021 | 647,354 | 0.00000277 | 0.096 | 58,262 |
| Q1 2021 | 3,971,092 | 0.00000159 | 0.093 | 369,311 |
| Additional burn | 100,000,000 | 0.00000023 | 0.01136 | 1,136,000 |
| Q4 2021 | 2,217,047 | 0.000000113 | 0.0037 | 8,203 |
| Q3 2020 | 2,951,875 | 0.00000032 | 0.00425 | 12,545 |
| Q2 2020 | 2,092,034 | 0.00000031 | 0.00256 | 5,355 |
| Q1 2020 | 954,160 | 0.00000036 | 0.00247 | 2,356 |
*at the time of burning
About EXMO Coin
EXMO Coin is a native token of the EXMO.com crypto exchange. It runs on the Ethereum blockchain and is compatible with all ERC-20 wallets. The EXM token is suitable for both active trading and long-term holding. What’s more, with this token, you can receive increased referral payouts, clear your wallet from leftover balances and reduce trading fees by purchasing EXMO Premium packages.
But even that’s not all! Now you can join our new Earn program and maximise your rewards with EXMO Coin. Receive a high interest rate by holding a certain amount of EXM on your balance. The more tokens you have, the higher your interest rate!