CoinDepo Completes First Buyback & Burn Cycle

We’ve officially completed the first CoinDepo Buyback & Burn cycle, marking an important milestone for the ecosystem.

Throughout April, buybacks were executed gradually across multiple exchanges, followed by consolidation and final burn.

📌 Buyback Summary

• Period: April 1–30
• Total funded to exchanges: $100,000
• Total tokens acquired: 1,383,717 COINDEPO
• Average buyback price: $0.07227
• Exchanges used: 5

📊 Execution Overview

Buybacks were distributed across exchanges based on liquidity and execution efficiency:

• MEXC — $60,000 → 835,187 tokens
• WEEX — $15,000 → 205,349 tokens
• BingX — $20,000 → 274,637 tokens
• BitMart — $3,000 → 41,096 tokens
• Pionex — $2,000 → 27,448 tokens

Execution was carried out gradually to maintain stable market conditions and achieve a balanced average price.

🔍 Transparency & On-Chain Proof

All key stages of the process are publicly verifiable:

1️⃣ Exchange Funding

Funds were allocated to exchanges through multiple transactions during April:

MEXC

• Tx 1 — 0x559b...758c 
• Tx 2 — 0x472f...c6eb 
• Tx 3 — 0x19ad...5b84 

BingX

• Tx 1 — 0x6bb8...8884 
• Tx 2 — 0x143a...c11c 
• Tx 3 — 0xd6a0...dd9a 

WEEX

• Tx — 0xf380...d892

BitMart

• Tx — 0x52f6...a715

Pionex

• Tx — 0x7c17...32b1  

2️⃣ Token Consolidation

Tokens were withdrawn from exchanges and consolidated into a single wallet:

MEXC — 835,187 COINDEPO — 0x4cdf...3844
WEEX — 205,349 COINDEPO — 0xdd8c...78dc
BingX — 55 COINDEPO — 0x3bc3...b2ab,  274,582 COINDEPO — 0xa04f...5b1
BitMart — 41,096 COINDEPO — 0xc2c1...adf7
Pionex — 27,448 COINDEPO — 0x45b3...e1b1

3️⃣ Final Burn

All accumulated tokens were permanently removed from circulation. Burn transaction — 0x3179...6020

👉 You can verify the updated total supply on COINDEPO token page. 

🔥 Supply Impact

👉 1,383,717 COINDEPO tokens have been permanently burned

This reduces circulating supply and strengthens the long-term token model.

📈 Buyback Program & Looking Ahead

CoinDepo follows a consistent and structured buyback strategy:

👉 Each quarter, 20% of company profits are allocated to token buybacks, followed by a burn

This approach is designed to:

• align platform growth with token value
• create a predictable and transparent supply reduction mechanism
• support long-term sustainability of the ecosystem

This first cycle marks the beginning of this ongoing program, with future buyback & burn events to be executed on a quarterly basis.

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📩 Questions? We're here to assist: [email protected]