BitMEX crypto exchange has released 1,5 million BMEX, its first native tokens, to users as it seeks to reignite interest from retailers. The tokens were airdropped based on a user's previous activity on the exchange.
Benefits for #BMEX token holders👇
✅ Commercial rates #discounts
✅ Privileges, experiences and exclusive products @BitMEX
✅ VIP services for users with more than 500,000 BMEX
🔜 Early access🐦 to products + FREE courses #BitMEXAcademy...
- Ethereum-based tokens are subject to a 5-year acquisition contract and have a maximum supply of 450 million. These will be used to reward new and existing BitMEX users and provide discounts on trading fees.
- The tokens are distributed as follows: 5% is reserved for future airdrops, 20% to provide liquidity when BMEX spot trading launches, 20% as incentives for BitMEX employees, 30% for affiliate marketing and rewards, and 25% long-term. Booking.
- In its lead article on tokens, BitMEX said that BMEX tokens allow the exchange to expand services and attract new users. This is a step up from its initial start as a purely futures-based crypto exchange. Futures contracts are popular financial instruments that track the prices of assets.
- BitMEX intends to burn BMEX on a quarterly basis to increase utility for holders, the exchange said in the newspaper.
- Token holders enjoy free access to BitMEX Academy courses and private community channels, as well as a higher rate of return on deposits of BitMEX EARN, the exchange's passive earnings product.
- Savvier benefits include invitations to exclusive events, BitMEX products, and VIP tickets to sports events for holders of 500,000 BMEX and more.
- Holders can bet on BMEX from February 1st. Spot trading of BMEX tokens will begin in early QXNUMX when the BitMEX spot exchange launches. The tokens could not be withdrawn at the time of writing this article.