We burned over 150 million EXM

We’ve conducted the second largest burn of our EXMO Coin (EXM) token. On Tuesday, 4th January 2023, we burned 150,415,255 EXM worth $2,237,366. After burning, the total supply of EXMO Coin decreased to 219.3 million tokens.

This is the second-largest utilisation of EXMO Coin as we burned 415,255 tokens received from EXMO Premium package sales and, additionally, 150 million unlocked EXM. We have also transferred another 16 million unlocked tokens to our staking fund.

In the three years since the smart contract for EXMO Coin was created, we’ve conducted more than 10 quarterly EXM burns. Check out the table below for more details.

Burn event	EXM burned	EXM price in BTC*	EXM price in USDT*	USD value*
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. 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.

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EXMO Coin (EXM)