Azbit News
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Azbit News

4th Buy-back And Burn Took Place

Dear friends,
Azbit has destroyed 35,864,453.767 AZ in its 4th buy-back and burn.

The team, as known, removes AZ from circulation by repurchasing tokens from the open market on a daily basis. These tokens are burned twice a month, on 1st and 15th.

AZ BURN REPORT FOR MARCH 1, 2021:

  • Azbit Exchange (AZ/USDT): 25,981,945.98 AZ have gone on fire.
  • Hotbit Exchange (AZ/BTC, AZ/USDT): 6,355,739 AZ were turned to ashes.
  • Yobit Exchange (AZ/USD): 3,526,768.787 AZ were irrevocably destroyed.

Now significant funds are spent on attracting new projects for listing, improving Coinmarketcap indicators, and developing new services. We hope that these measures will allow us to quickly increase the volume of token buybacks.

The next burn is scheduled for March 15, 2021. Stay tuned for more news and updates from Azbit!

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