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Azbit News

Azbit Executes 3rd Buy-back And Burn

Dear customers,

Azbit has now completed its 3rd buy-back and burn reducing the circulating supply by 55,456,469.43 AZ.

Let us recall that the team repurchases AZ at 4 crypto exchanges (Azbit, Hotbit, Yobit and BW) on a daily basis. These tokens are burned twice a month, on 1st and 15th.

  • Azbit Exchange (AZ/USDT): 20,163,437.12 AZ have gone on fire.
  • Hotbit Exchange (AZ/BTC): 17,231,359 AZ were turned to ashes.
  • BW Exchange (AZ/USDT): Temporary no burn on this exchange.
  • Yobit Exchange (AZ/USD): 18,061,673.31 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 token burn will occur on March 1, 2021.


Azbit Team




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