BMXWhitepaper
A Gateway into the World of Web3
Trade the Future, Pioneer the Web3

Whitepaper@bitmart.com

A Gateway Into The World Of Web301

Introduction
Since Bitcoin’s debut in 2009, the blockchain industry has undergone atransformative journey, progressing from being dismissed as a nichetechnological product to being a monster that plays an important role in thefinancial field. What started as a novel form of currency has evolved into a
multifaceted application ecosystem.

Bitcoin

Debut in 2009
zzas in 2010

10,000 BTC for two pianATH price of over $67,000 in 2021

from a geek product to a financial

Bitcoin, blockchain technology and all related applications, have not only

monster

contributed technological advancements but also redefined the dynamics
between productivity and production. Envisioning the future, we anticipate
that blockchain technology will permeate society on a large scale, parallel tothe transformative impact of the Internet before.

Despite the positive trend, there exists a significant gap between awareness

THE BMX Ecosystemof cryptocurrencies and a practical comprehension and application of Web3technologies.This disparity presents a valuable opportunity for the BMXecosystem to bridge the current gap.

Operated In September 2017a global digital asset trading platforma pioneer in the world of Web3

Officially operated in September 2017, the BMX ecosystem has played aprovide several finely tailored services

pivotal role as a global digital asset trading platform and a pioneer in thelower barriers for ordinary users

world of Web3. No matter for entry-level participants or professional users,
the BMX ecosystem provides several finely tailored services. This initiative
seeks to lower barriers for ordinary users, facilitating their entry into thecrypto industry and Web3.

Mission & Vision
THE BMX Price

Committed to making cryptocurrency accessible globally, the BMX ecosystem
BMXenvisions reshaping the driving innovation, efficiency, and equality. 

1000%+We aim to help everyone everywhere by providing a one-stop solution which will
BMX ICOfurther bridge the gap between traditional finance and the world of digitalcurrency.

Price$ 0.04

ATH Price$ 0.42

A Gateway Into The World Of Web302

Why Choose Us
The BMX ecosystem is dedicated to democratizing cryptocurrency by providing a universal, one-stop solution thatseamlessly connects the traditional financial landscape with the dynamic world of digital currency. The foremost
achievement in the initial stage of the BMX ecosystem has been forging a strategic partnership with BitMart Exchange,marking a significant milestone in its evolution.

BitMart Exchange provides a range of core product features, such as spot trading, leveraged trading, contract trading,
API trading, and NFT marketplace.

High Performance Support
One million Transactions
Per Second

BitMart Exchange trading system adopts self-developed, high-performance core matching engine technology andleverages distributed computing technologies such as Google Cloud Platform (GCP) and Amazon Web Services (AWS)
to ensure consistent uptime, reduce single-point failures, and boost resilience. Thus, it can support massive
concurrent computation and make the order processing speed reach one million transactions per second.

Technical Architecture

reliable service anddata persistenceA streaming architecture drives our dynamic, low-latency trading experience, enhancing transaction efficiency andthroughput. We leverage cloud computing to rapidly generate data marts, enabling comprehensive analytics forbusiness, risk, and security, thus preserving data integrity and confidentiality. 

Integrated tiered storage and robust disaster recovery strategies across diverse locations ensure reliable service anddata persistence. Our comprehensive cloud security infrastructure meets rigorous data compliance and protects ourexchange's information ecosystem. With these technologies, the platform can support the simultaneous online
operation of tens of millions of users and ensure a smooth experience.

Security Mechanism

specialized security
team & BitMart
Protection Fund

BitMart Exchange features a specialized security team and an end-to-end infrastructure security framework thatensures the protection of user transactions and data. Our rigorous SDLC process includes deploying leading-edge
Extended Detection and Response (XDR), Host-based Intrusion Detection Systems (HIDS), and Cloud Workload
Protection Platforms (CWPP), encompassing security assessments, code reviews, intrusion detection, andcompliance. Continuous 24/7 monitoring guarantees immediate incident response. 

In conjunction with our technical security measures, we have introduced the BitMart Protection Fund as a crucialcomponent of our continuous commitment to prioritize security. This initiative aims to safeguard our users’ assets inthe midst of formidable challenges.

03

A Gateway Into The World Of Web3

Why Choose UsS

ufficient Liquidity

Higher Liquidity andBetter tradingexperience

BitMart Exchange's trading model is adept at effectively matching the market depth of leading global exchanges,
thereby offering enhanced liquidity and an improved trading experience. This innovative technology enables our users
to engage in transactions with participants across major platforms worldwide, all within the BitMart Exchange
ecosystem. Looking ahead, we are confident that our collaboration with premier market makers will position BitMart
Exchange as the foremost liquidity provider for digital assets globally.

Product1000+ cryptocurrencies

1100+ trading pairs

BitMart Exchange provides more than 10 popular trading zones, such as Infrastructure, Meme, BRC20, and Metaverse.
We support 1000+ cryptocurrencies, including BTC, ETH, BMX, and 1100+ trading pairs. In addition, BitMart
Exchange is now offering 150+ trading pairs in the futures market. Traders can utilize cross margin and independent
margin trading, along with multiple order types like Limit and Market Orders. The platform includes 80+ USDTmargined Perpetual Swaps, ensuring a fast trading experience with minimal fees.

Operations
millions of users 180 countries

BitMart Exchange provides crypto asset trading and investment services to millions of users from 180 countries andregions around the world, with the highest daily trading volume of about 4 billion US dollars . Our support team isavailable 24/7, and we are receptive to any need and are always available to help users out.

number of BMX Holders
850K
800K

Dec. 17, 2023

800K+750K
700K650K600K
550K500K
Dec 17, 19 Apr 17, 20 Aug 17, 20 Dec 17, 20 Apr 17, 21 Aug 17, 21 Dec 17, 21 Apr 17, 22 Aug 17, 22 Dec 17, 22 Apr 17, 23 Dec 17, 23

A Gateway Into The World Of Web304

planning layout
The evolution of the BMX ecosystem will unfold across several different phases.

BMX
In the initial phase of its development, the BMX ecosystem has achieved a significant milestone through its
collaboration with the BitMart Exchange. 

This partnership has bestowed BitMart Exchange with a distinctive competitive edge, as BMX holders constitute thepivotal user base essential for BitMart Exchange’s expansion. 

Concurrently, BitMart Exchange’s progress and expansion reciprocate by providing unique BMX rewards, fee discounts,
and exclusive participation opportunities in initial token offerings for users within the BMX ecosystem.

BMX
We will embark on the research and development of the BMX ecosystem in 2024. 

The Web3 wallet is an essential tool for anyone interacting with blockchain-based applications. The Web3 wallet
provides a secure way to store, manage, and transfer digital assets while giving users control over their private keys.
The upcoming BitMart Web3 Wallet will serve as a bridge between centralized digital asset services and the Web3world. BMX will be used as a utility token in BitMart Web3 Wallet. 

Meanwhile, the BMX ecosystem will build a decentralized exchange. By aggregating liquidity and data on CEX and DEX,
traders can assess correlations and formulate hedging strategies. BMX will be used as one of the key base assets aswell as gas spent in the DEX.

BMXThe next phase of BMX will be compatible with multiple chains and assets.

Layer 2 solutions are poised to play a crucial role in the widespread adoption of blockchain technology. The BMXecosystem will launch a new Layer 2 blockchain for our own. BMX will run on the new Layer 2 blockchain in the same
way as ETH runs on Ethereum and be used to pay fees of transactions and smart contracts. 

Our goal is to establish a comprehensive closed-loop ecosystem encompassing technology, products, and users.

A Gateway Into The World Of Web305

Team and Management
The emergence of blockchain technology has catalyzed the creation of innovative governance models that bolsterdecentralization and effective governance. We aim to empower the BMX community and ecosystem to embody a new
ere of governance.

The BMX community implements a representative community governance framework, empowering users and token
holders to vote on pertinent issues or propose initiatives. This structure not only enhances user involvement but also
garners essential insights into community preferences. Decisions within the BMX ecosystem are made democratically,
with every member having a say through proposal submissions and voting, thereby ensuring inclusive participation.

Incorporating DAO principles, the BMX ecosystem upholds operational efficiency while augmenting transparency andfairness in decision-making processes. In an ideal scenario, the BMX community would achieve complete
decentralization, rendering it impervious to external threats. This model is poised to effectively govern and balance theinteractions among decision-makers, management, staff, affiliates, clients, contractors, and token holders.

As we continue to fortify the BMX ecosystem, our goal is to gradually implement more sophisticated, self-reliant, andcommunity-centric protocols and tools. This strategic evolution is intended to enhance the governing capacity of theBMX community. We are convinced that a governance model rooted in user participation is optimally positioned toaddress and fulfill user needs.

06

A Gateway Into The World Of Web3

BMX distribution
BMX is the native token of the BMX ecosystem. The successful synergy and seamless integration between the BMX
ecosystem and BitMart Exchange have catapulted BMX into a well known asset in the industry.

The initial total supply of BMX is 1 Billion, of which about 36% have been burnt. The specific offering methods are as
follows. We would like to clarify that the BMX tokens held by our team were scheduled for complete unlocking. However,in alignment with our long-term commitment and strategy, we have decided to extend the lock-in period for these BMX
tokens for an additional three years.

36.06% Burnt

360,587,970
30% Founding team

300,000,000
27.77% Early Participants

277,732,715
6.17% Community Rewards

61,679,315

Category

Percentage

VolumeDescription

Burnt

36.06%

360,587,970

Repurchased and burnt in the past
several years

Founding team30%

300,000,000Held by the founding team. 75% of theBMX held by team will be locked foranother 3 years.

Early Participants

27.77%

277,732,715

People who provided help at the earlystage of the projectCommunity Rewards

6.17%

61,679,315

For maintaining the operation andpromotion of the community

A Gateway Into The World Of Web307

BMX Value Capture
Trading Fee Discounts
By holding BMX, users are granted a higher account level and enjoy more favorable
transaction fee rates. The more users hold, the higher discounts they enjoy.
By paying transaction fees with BMX, users will enjoy a 25% discount on these fees
By taking BMX, users will enjoy a higher profit-sharing ratio for copy trading.

Launchpad
BMX can be used for subscribing and participanting projects
By staking BMX, users will have access to free airdrops of new listed coins.

VIP Level
We offer a lifetime VIP membership program for API users, with holding BMX as oneof the criteria for leveling up.

Vote For Listing
BMX is the exclusive currency required to purchase Vote-To-Earn NFTs only withwhich holders are eligible to vote
By staking BMX to participate in Vote-To-Earn Listings, users will be offered additional
bonus votes.

Financial productBMX is a key asset on BitMart Exchange, and users can participate in some financial
products by staking BMX.

Payment in the BMX Ecosystem
BMX can be used as the payment token for some projects in the BMX ecosystem.

08

A Gateway Into The World Of Web3

BMX repurchase
Our team will take out 20% of the income earned by trading fees on theplatform every quarter to repurchase BMX. The repurchased BMX will be

BMX INITIAL TOTAL SUPPLY

1,000,000,000

destroyed completely and repurchase records will be released immediately.

BMX CURRENT SUPPLY

639,412,030
Users can check related information via the blockchain browser so that
openness and transparency are guaranteed. The repurchase mechanism willcontinue to work until 500 million BMX are destroyed.

SUPPLY AFTER REPURCHASE

500,000,000

As a utility token designed for the entire self-circulating ecosystem, BMX will capture greater value with theconstruction and development of ecosystems such as the BitMart Web3 Wallet and the new Layer 2 blockchain in theBMX ecosystem.

Disclaimer
This document is prepared and presented solely for informational purposes and should not be construed as constituting any form ofadvice or recommendation with respect to the trading, payment, or use of BMX tokens, or participation in the BitMart Exchange
platform. Any information in this document herein should not be interpreted as an encouragement to engage in any form of investment
decision-making. The material and information presented are not intended to serve as a comprehensive analysis of all risks associatedwith BMX.

Prospective users, investors, and participants should be fully aware and understand the inherent risks associated with BMX andblockchain technology. The act of investing in BMX implies a conscious acknowledgment and acceptance of these risks. It is important
to note that the value of digital currencies, including BMX, is highly volatile and subject to significant fluctuations. The value canincrease or decrease over a short period, presenting a substantial risk in buying, selling, holding, or trading such digital currencies.
Before engaging in transactions involving BMX, individuals should carefully assess their investment goals, financial situation, and risk
tolerance to determine the suitability of such an investment.

The regulatory landscape for blockchain projects and digital tokens is still evolving and varies significantly across different
jurisdictions. There is a risk that changes in laws, policies, or regulations in certain countries could adversely affect the use, transfer,exchange, and value of BMX tokens. Investors are solely responsible for their decisions and should be prepared to bear all resultant
outcomes or consequences, which may include but are not limited to risks related to policy changes, regulatory compliance, economiccycles, cybersecurity threats, management decisions, industry developments, and extreme price volatility.