BitMart Token Price

(BMX)
USD($)
BitMart Token (BMX) Live Price Chart

BitMart Token Live Price Data

The live price of BitMart Token is $0.0246, with a total trading volume of $ 28,371 in the last 24 hours. The price of BitMart Token changed by -1.46% in the past day, and its USD value has decreased by -2.89% over the last week. With a circulating supply of 324,281,615 BMX, the market cap of BitMart Token is currently 89.16M USD, marking a --% increase today. BitMart Token currently ranks #221 in market cap.
How do you feel about BitMart Token today?
Note: This data is for reference only.
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BitMart Token(BMX) Profile

altRank221
rate--
Expand
Documentation
Contract
Ethereum 0x986EE2...5d8
Audited By
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Code & Community
Investors
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$0.2721
$0.2823
$0.6203
-0.25%
-1.46%
-2.89%
$89.16M 
$28,371 
324,281,615
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About BMX

How can I buy BitMart Token (BMX)?

Buying BMX on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy BitMart Token (BMX) for more information.

What Is BitMart (BMX) Crypto?

BitMart (BMX) refers to both a global cryptocurrency exchange platform and its native utility token. BitMart Exchange is a platform that provides users with a secure and convenient way to buy, sell, and trade digital currencies.

It supports a wide range of cryptocurrencies and often features various trading pairs to cater to its global user base. The BitMart exchange offers spot trading, futures trading, over-the-counter (OTC) trading, and staking services.

Its native BitMart token, BMX, is designed to increase platform engagement and loyalty while offering tangible benefits to its holders.

How Does BitMart Work?

The BMX token is the native utility token of the BitMart platform. It serves several key functions within the ecosystem, including:

1. Trading Fee Discounts: Users holding BMX tokens may receive discounts on trading fees, incentivizing the retention and use of BMX for transactions on the platform.

2. Participation in Special Events: BMX holders can participate in special events, such as token sales or airdrops, hosted on the BitMart platform.

3. Staking Rewards: Users can stake their BMX tokens to earn rewards. Staking involves locking up tokens for a period to support the operation and security of the platform.

4. Voting Rights: In some cases, BMX holders can vote on platform decisions or which tokens should be listed next on the exchange.

5. Trade BitMart Token on KuCoin: Trade BMX on the KuCoin Spot Market against other crypto assets to make the most of changing market conditions and volatility. Buy or sell $BMX or hold it long-term if you believe in the future potential of the BitMart trading platform. Remember to do your own research (DYOR) before trading BMX in the crypto market.

History of BitMart and BMX Coin

BitMart was officially launched in March 2018. Since its inception, the platform has aimed to provide a diverse range of services, including cryptocurrency trading for users worldwide. It quickly grew to include various features such as spot trading, futures trading, OTC trading, and staking, among others.

The BMX token became available shortly after the exchange was launched, serving as a utility token designed to facilitate and incentivize transactions on the platform. Since its inception, BMX has been used for a variety of purposes within the BitMart ecosystem, including trading fee discounts, participation in special events, and access to exclusive services.

KuCoin listed BMX for trading on our platform in February 2024.

BitMart Token (BMX) Price Movements ($)

PeriodChangeChange (%)
Today$-0.0041-1.47%
7 Days$-0.0082-2.89%
30 Days$-0.0267-8.85%
3 Months$-0.0759-21.62%
24H Investment Barometer
24H
Neutral
The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
Strong SellSellNeutralBuyStrong Buy
board

BitMart Token Conversion Rate

  • 1 BMX to USD$0.02463075
  • 1 BMX to EUR€0.02264906
  • 1 BMX to AUD$0.03741361
  • 1 BMX to KRW₩33.87
  • 1 BMX to JPY¥3.74
  • 1 BMX to GBP£0.01901627
  • 1 BMX to INR₨2.07
  • 1 BMX to IDRRp388.41
  • 1 BMX to CAD$0.03423723
  • 1 BMX to RUB₽2.43

FAQ

How much is 1 BitMart Token (BMX) worth?
KuCoin provides real-time USD price updates for BitMart Token (BMX). BitMart Token price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time BMX to USD exchange rates.
Is BitMart (BMX) a Good Investment?

Investing in BitMart (BMX) tokens can offer several advantages, especially for users actively engaging with the BitMart exchange. Here are some of the key benefits:

1. Trading Fee Discounts: One of the primary benefits of holding BMX tokens is the potential to receive discounts on trading fees on the BitMart platform. This can significantly reduce the cost of trading for active users, making it more economical to execute trades.

2. Participation in Special Events: BitMart often hosts special events for BMX holders, such as token sales, airdrops, or exclusive trading competitions. This can give investors early access to new tokens or additional rewards unavailable to the general public.

3. Staking Rewards: By staking BMX tokens, users can earn rewards.

4. Increased Platform Engagement: Holding BMX tokens may encourage increased engagement with the BitMart platform, as users can take advantage of the benefits and services offered. This can lead to a deeper understanding of the crypto market and potentially more informed investment decisions.

5. Voting Rights: In some cases, BMX holders are given the right to vote on platform decisions, such as which new cryptocurrencies to list. This provides users a say in the platform's development and direction.

6. Potential for Appreciation: Like any investment in the cryptocurrency space, there is potential for the value of BMX tokens to appreciate. This can be influenced by the growth and success of the BitMart exchange, increased adoption of BMX for trading and services, and the overall market dynamics of the crypto industry.

7. Liquidity: As BMX is the native token of a trading platform, it generally enjoys good liquidity, making it easier for investors to buy and sell the token on the BitMart exchange and possibly other platforms where it might be listed.

What Is BitMart Token Price Prediction?

Although the volatile nature of the crypto market makes it challenging to offer a reliable BMX crypto price prediction over any timeframe, you could monitor the following factors better to understand the price movements in the BitMart coin:

1. BitMart Platform Growth and User Adoption: The success and growth of the BitMart exchange directly impact the demand for BMX tokens and influence the BMX to USD price. As more users join and trade on the platform, the demand for BMX for paying trading fees, participating in staking, and other utilities may increase, potentially driving up the $BMX price.

2. Crypto Market Sentiment: General sentiment in the cryptocurrency market can significantly affect the price of BMX. Positive news about BitMart or broader market rallies can lead to price increases, while negative news or market downturns can lead to decreases in the BitMart token price.

3. BMX Trading Volume and Liquidity: High trading volumes and liquidity can lead to more stable prices, whereas low volumes and liquidity might result in higher volatility. Increased trading activity on the BitMart exchange can positively influence the BMX token price.

4. BMX Tokenomics and Supply: The total supply of BMX tokens and any mechanisms for burning (permanently removing tokens from circulation) or releasing new tokens can affect the BMX crypto price. A limited supply with high demand can lead to price increases, while an oversupply can cause price decreases.

5. BitMart’s Partnerships and Integrations: Strategic partnerships or integrations with other blockchain projects, financial institutions, or service providers can enhance the utility of BMX tokens and attract more users to the platform, potentially driving up the BMX coin price.

6. Competitive Landscape: The performance and development of other cryptocurrency exchanges and their native tokens can also influence the price of BMX. Innovations, improvements, or increased competitiveness from other platforms may affect how BitMart and BMX are perceived in the market.

7. $BMX Staking and Rewards Programs: The attractiveness of staking rewards and other incentive programs using BMX can influence demand. If users find staking rewards favorable, they may be more inclined to purchase and hold BMX, affecting the BMX crypto price.

How to Stake BMX on BitMart Exchange

Staking BMX tokens on BitMart involves participating in a process where you lock up a portion of your tokens for a certain period to support the operations of the BitMart platform, earning rewards in return. The specific steps and requirements for staking can vary, but here's a general overview of how you might stake BMX tokens on BitMart:

1. Create an Account on BitMart: If you don't already have an account, you'll need to sign up on the BitMart exchange. This process usually involves providing some personal information, verifying your email address, and completing identity verification (KYC) procedures, depending on your region and the services you want to access.

2. Acquire BMX Tokens: Before you can stake BMX, you must have some in your BitMart account. You can buy BMX tokens directly on the BitMart exchange or transfer them from an external wallet to your BitMart wallet.

3. Navigate to the Staking Section: Log into your BitMart account and look for a section related to staking, savings, or a similar term. Exchanges often have a dedicated area where users can engage in staking activities.

4. Select BMX Staking: Find the option to stake BMX tokens within the staking section. Different staking plans or pools may be available, each with its own terms, including lock-up periods, minimum staking amounts, and expected annual percentage yields (APY).

5. Choose the Amount to Stake: Decide how many BMX tokens you want to stake. Ensure you're comfortable with the amount, considering the lock-up period and any other terms of the staking plan.

6. Confirm the Staking Transaction: Follow the prompts to confirm your staking transaction. This might include agreeing to terms and conditions and verifying the transaction details. Once confirmed, your BMX tokens will be locked up for the duration of the staking period you selected.

7. Receive Staking Rewards: Based on the staking plan, you'll receive rewards at the specified intervals. Depending on the specific staking program, these rewards might be in the form of BMX tokens or other cryptocurrencies.

8. Monitor Your Staking: You can usually check the status of your staked BMX and the rewards you've earned directly on the platform. Be aware of any actions you might need to take once the staking period ends, such as re-staking or withdrawing your tokens.

What is the all-time high price of BitMart Token (BMX)?
The all-time high price of BitMart Token (BMX) is $0.6203. The current price of BMX is down 0.96% from its all-time high.
What is the all-time low price of BitMart Token (BMX)?
The all-time low price of BitMart Token (BMX) is $0.0066. The current price of BMX is up 2.70% from its all-time low.
How much BitMart Token (BMX) is there in circulation?
As of 11 5, 2024, there is currently 324,281,615 BMX in circulation. BMX has a maximum supply of --.
What is the market cap of BitMart Token (BMX)?
The current market cap of BMX is $89.16M. It is calculated by multiplying the current supply of BMX by its real-time market price of $89.16M.
How do I store BitMart Token (BMX)?
You can securely store your BitMart Token in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your BMX include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Sei (SEI) to cash?
You can instantly exchange your Sei (SEI) for cash using KuCoin's Fast Trade feature. This feature enables you to convert SEI to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
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BMX
Estimated
-- USD
BMX/USDT1
$0.0246-1.46%