BitMEX users will be able to earn up to a 100% annual percentage rate (APR) on Tether (USDT ERC-20) with BitMEX EARN.
Growing your cryptocurrency has never been easier. With immediate effect, BitMEX users will be able to earn up to 100% annualized interest rate (APR) with USDT ERC-20 through BitMEX EARN.
EARN is an interest-bearing product, fully supported by the BitMEX insurance fund, and rewards users who purchase the product within a set time period.
Click here to start earning interest on USDT, or continue reading to learn more.
Start earning interest on USDT
Deposit your USDT, hold and earn income
If you are looking for a simple, safe and flexible way to earn interest on Tether coins, then BitMEX EARN is tailored for you. BitMEX’s newly launched EARN product gives users the opportunity to get up to 100% annualized interest rate on USDT-a discount you can’t find anywhere else.
The launch of BitMEX EARN marks an important milestone in the development of BitMEX, and is also one of the representatives of more exciting products to be launched. This is another product following the launch of USDT as the margin and settlement of perpetual swaps earlier this month.
If you purchase BitMEX EARN before December 7, you can choose:
EARN Early Bird-Up to 100% annualized interest rate: By purchasing this special offer, you will get up to 100% USDT annualized interest rate. The product expires in 14 days, with a cap of 1,000 USDT per user.
EARN product – up to 14% annualized interest rate: BitMEX’s first EARN product, which expires in 30 days, allows all users to earn up to 14% annualized interest rate with USDT. This is an unmatched transaction in the market. The upper limit of this product is 100,000 USDT per user.
Click here for more details.
This comparison table is accurate as of November 30, 2021 GMT+8 time 12 PM/UTC time 4 AM, and assumes the highest annualized interest rate.
How to use BitMEX EARN to earn Tether coins
To purchase BitMEX EARN, please make sure you have Tether (USDT ERC-20) in your BitMEX wallet. If you don’t have any USDT on hand or want to deposit more USDT, you can transfer funds from another wallet or buy USDT directly from BitMEX. With this ultra-convenient service supported by Banxa, you will be able to quickly and securely convert legal currency into Tether or Bitcoin.
If you buy USDT through Banxa on BitMEX and deposit it in EARN between December 1st and 7th, you will get the full refund of the Banxa fee paid for the part of the EARN deposited in USDT.
This rebate will also be credited to your BitMEX wallet after the BitMEX EARN purchase period ends on December 7th.
Start earning interest on USDT
Step 1: Go to www.bitmex.com/earn on the BitMEX EARN page, you can choose from BitMEX’s series of product lists, and view the reference annualized interest rate and expiration date of each product. Find the BitMEX EARN product that best matches your preferences.
Step 2: After selecting the EARN product, click “earn now”
After clicking the “earn now” button, you will see a pop-up window with all relevant product listing information. The pop-up window will display your available balance.
Please note: Please make sure that your expected purchase amount calculated in USDT is not currently used as a margin for the BitMEX platform. Once the purchase is confirmed, your BitMEX EARN balance will not be included in your margin balance.
Step 3: Enter the amount you want to deposit
In the “Buy Now” column, enter the amount you want to deposit into your BitMEX EARN account, check your estimated income, and then click the “Confirm” button.
Step 4: Click the “Confirm” button and start earning!
After clicking the “Confirm” button, you will see a pop-up window confirming that you have purchased BitMEX EARN. Now, all you have to do is to hold and earn money.
Buy BitMEX EARN now
BitMEX launched BitMEX EARN to make it easy and straightforward for users to earn interest on Tether coins. In addition to providing an advanced derivatives platform with up to 100 times leverage, the BitMEX team is also committed to providing traders with a series of new and simple ways to invest and gain exposure to cryptocurrency trading-please continue to follow BitMEX’s blog to get The latest update information!
- How is the estimated annualized interest rate calculated?
- Your estimated interest rate is calculated from the difference between your redemption amount and the amount invested, and is annualized using the time difference between the expiration date and the starting date. Please note that the annualized interest rate shown is only an estimate, and the redemption amount you will receive at maturity is determined and confirmed when the transaction is confirmed.
- What will happen after the expiry date of BitMEX EARN?
- The redemption amount will be transferred to your BitMEX wallet shortly after the expiry date and expiry time. You don’t need to do anything at all-just sit and earn!
- Is BitMEX EARN safe?
- Yes, BitMEX EARN is a unique product in the market. It is 100% backed by BitMEX Insurance Fund-BitMEX Insurance Fund is one of the largest funds in the industry.
To get started, please go to BitMEX EARN and follow the instructions on the page. If you have any questions, please contact BitMEX’s customer service team.
Start earning interest on USDT
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.
(Forex Broker)
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...