BMEX was created to boost your experience throughout our trading platform. From today, if you trade on BitMEX, you’ll begin earning BMEX. Then on 1 February 2022, you’ll receive your first Tokens in your account via airdrop.
The BMEX Token will be a fuel for growth in the BitMEX ecosystem. In January 2022, we’ll publish our Litepaper that details unique benefits for BMEX Holders. Until then, here is a preview of what Token holders can expect.
Trading fee discounts
A better rate of return on BitMEX Earn deposits
Early access to new products with preferential terms as the BitMEX product suite expands
Access to exclusive swag and sporting ticket raffles
Free access to BitMEX Academy courses
BitMEX will buy and burn BMEX Tokens every quarter, published transparently on BitMEX.com
Token holders will soon enjoy preferential rates on our fiat on-ramp and upcoming BitMEX Spot exchange
New and existing users can earn BMEX Tokens.
Trade and receive up to 25% of the trading fee in BMEX Tokens.
Refer new users and receive more tokens.
The first Airdrops to BitMEX accounts will occur on 1 February, 2022.
Tokens are not withdrawable in Phase 1
Upon the launch of BitMEX’s Spot exchange in early Q2, 2022, BMEX Tokens will become tradeable and available to buy.
Restrictions on withdrawals will be lifted.
BMEX will have a maximum supply of 450 million tokens. They will be minted at once and vested over a period of up to five years. The large majority of BMEX will be spent rewarding our users and growing the BitMEX ecosystem. 20% will be reserved for BitMEX employees and 25% for our long-term commitment to the token. More details to come in the Litepaper.
BMEX Token (BMEX) is not being offered to U.S. Persons or Sanctioned Persons and is not available in the United States or any other Restricted Jurisdiction. US Persons and Sanctioned Persons are not permitted to transact in BMEX Token. Please see our Terms of Service.