Users who stake their BMEX Tokens will immediately enjoy a wider range of rewards and privileges.
Check out the New BMEX Token Benefits
Starting today, users who stake BMEX tokens will immediately enjoy a wider range of rewards and privileges. The more BMEX you buy, the more rewards you will get – and tokens.
From withdrawal/network fee refunds and product early access to transaction fee discounts and VIP services, BMEX holders can now enjoy a host of new benefits and privileges exclusively.
More benefits – including IEO tickets for the BitMEX Spot spot launch – are also on the way and will be available from Q3 2022 and beyond. For details on the benefits available to BMEX holders, be sure to check out BitMEX’s updated abbreviated white paper here.
Start staking BMEX from your BitMEX wallet today, or scroll through BitMEX’s short review of what you need to know.
The benefits of the new BMEX token, broken down as follows
BMEX enhances the user experience in the growing BitMEX ecosystem and brings unique benefits to BMEX holders. BitMEX will continue to expand the utility and benefits of the BMEX Token as BitMEX’s platform evolves, new product launches and initiatives.
Stake BMEX through your BitMEX wallet and you will be rewarded instantly. The more BMEX you stake, the more rewards you get.
What does staking in cryptocurrency mean?
Simply put, staking is the process of locking up cryptocurrency for staking benefits or rewards. It can also help verify transactions on the blockchain network.
Transaction fee discount
By staking BMEX, you will immediately receive a 15% discount on derivatives and BitMEX spot trading fees – on any basis based on average daily volume (ADV).
Withdrawal/Network Fee Refund
Staking BMEX tokens will allow users to get a refund of withdrawal/network fees (ERC-20 and/or BTC). The linked table below outlines the refund schedule for stake levels and withdrawal fees.
| Staking BMEX | Withdrawal/Network Fee Refund |
|---|---|
| 1,000 | 3 |
| 50,000 | 10 |
| 1,000,000 | 25 |
Note : Refunds are performed every Tuesday at 04:00 UTC. If you exceed your eligible fee withdrawal limit within a given week, refunds will be made in chronological order.
Earn more BMEX
Why leave your tokens idle when you can earn more BMEX? Starting today, users who stake BMEX are eligible to receive an annualized interest rate of up to 12%.
| Staking BMEX | Staking reward (paid monthly) |
|---|---|
| 25 | 5% |
| 200 | 5% |
| 1,000 | 8% |
| 10,000 | 8% |
| 50,000 | 10% |
| 500,000 | 10% |
| 1,000,000 | 12% |
| 3,500,000 | 12% |
BitMEX Privileges, Experiences, Community Access and Merchandise
Users who purchase 1,000+ BMEX will have access to exclusive privileges, gifts and sports tickets.
Crypto trader summaries sent directly to your mailbox
Every two weeks, token holders will receive the most in-depth commentary and insights on the cryptocurrency market – Crypto Trader’s Digest – directly from Arthur Hayes.
VIP service
Users holding more than 500,000 BMEX tokens will receive 24-hour professional service from BitMEX’s dedicated VIP and corporate customer service team. This includes 24-hour access to BitMEX’s senior technical support staff and account managers.
More BMEX staking offers coming in Q3 2022 and beyond
- Exclusive Product Access and IEO Tickets for New BitMEX Spot Spot Launch
- Increased staking rewards for BitMEX EARN
- Tokens are burnt monthly to create a continuous utility environment for holders
- Users will have the option to use BMEX as collateral for transactions
Today also marks the start of BitMEX’s new BMEX offer, giving new KYC users the opportunity to earn up to 70 BMEX (details below).
To get the above benefits, start staking BMEX through your BitMEX wallet today. Alternatively, you can check out the BMEX staking guide here.
BMEX Token Roadmap
The rollout of BMEX consists of two phases:
Phase 1 – Trading and Earning BMEX Airdrops [until May 2022]. Starting early 2022, BitMEX users will earn BMEX by participating in various promotions.
Phase 2 – Trade BMEX on BitMEX Spot [Coming Soon]. BMEX will be available for trading on the BitMEX Spot spot exchange.
Unmissable BMEX offers await new users
Starting June 10th at 04:00 UTC, new KYC users will be eligible to receive up to 70 BMEX tokens. Now is your chance to accumulate as many tokens as possible before BMEX becomes tradable.
Below is a detailed introduction to BitMEX’s new BMEX token offer:
- Account opening offer
- The first 10,000 new users who open an account and make their first deposit within the first 30 days after completing verification will receive 10 BMEX. This offer ends on July 31, 2022 at 23:59 UTC.
- Buy cryptocurrency offers
- The first 10,000 users who purchase cryptocurrencies worth more than $250 via credit card or bank transfer within the first 30 days of completing verification will receive 15 BMEX. This offer ends on July 31, 2022 at 23:59.
- Spot Trading Offers
- The first 10,000 new users who spot trades worth $250 or more on BitMEX Spot will receive 15 BMEX. This offer ends on July 17, 2022 at 03:59 UTC.
- Cryptocurrency exchange offers
- The first 10,000 new users who exchange cryptocurrency worth $250 or more within the first 30 days after completing verification will receive 15 BMEX. This offer ends on July 31, 2022 at 23:59 UTC.
- Trading Derivatives Offer
- The first 10,000 users who trade derivatives on BitMEX with a total of $10,000 or more in derivatives within the first 30 days of verification will receive 15 BMEX. This offer ends on July 31, 2022 at 23:59 UTC.
The BMEX offers are frequently updated and aligned with BitMEX’s current programs and initiatives.
Please check BitMEX official website or contact the customer support with regard to the latest information and more accurate details.
BitMEX official website is here.
Please click "Introduction of BitMEX", if you want to know the details and the company information of BitMEX.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...