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Second largest quarterly burn exceeding 150 million EXM
On 3rd January 2023, we will be conducting a major burn of our EXMO Coin (EXM) token.
With the last EXM burn that took place on 3rd October 2022, the total supply of EXMO Coin decreased to 219.7 million. The next one will take place on 3rd January 2023. It’s going to be the second-largest EXM burn, as we will utilise tokens received from EXMO Premium package sales and, additionally, 150 million unlocked EXM. We will also transfer another 16 million unlocked tokens to our staking fund.
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!
| Burn event | EXM burned | EXM price in BTC* | EXM price in USDT* | USD value* |
| 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. With the token, you can also receive increased referral payouts, up to 17% per annum from staking, easily clear your wallet from leftover balances and reduce trading fees by purchasing EXMO Premium packages.