BitMEX, one of the oldest crypto derivatives exchanges. It will launch its own token and will Airdrop it to both current and new users.
by BitMEX saidThe upcoming BMEX tokens will be airdrop distributed by February 1, 2022 in the client’s wallet.
50,000 new users Those who pass KYC will receive 5 BMEX tokens and 10 Tether (USDT), while former users will receive BMEX tokens when trading. You can earn up to 25% of the monthly trading fee in BMEX Token in a ratio of 1:1 capped at 50,000 BMEX per month per user.
There is alsoprogram referral For users who can refer up to three friends to register and complete KYC. This will give 15 BMEX tokens to the referrer.
BMEX tokens will supply up to 450 million tokens, will be generated immediately and released in a maximum of 5 years.
“Most BMEX tokens are used to reward users and expand the BitMEX ecosystem,” BitMEX said, “and 20% will be allocated to BitMEX employees and 25% for our long-term commitment to masters. Ken and the ecosystem.”
BitMEX will release BMEX litepaper in January 2022 detailing the benefits for token holders. These benefits include discounts on trading fees and special rates for upcoming BitMEX fiat on-ramp and spot exchanges.
BitMEX spot exchange is expected to launch in early Q2 2022 and BMEX tokens will be listed on the exchange. and until then Tokens received from an airdrop cannot be withdrawn.
BitMEX says BMEX tokens will be bought and burned quarterly, and details will be published on its website. It’s similar to Binance’s BNB token burning.
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