BitMex announced native crypto coin BMEX

BitMEX will release a new native crypto token call BMEX. The new token will be available for trading for new and existing users on 1 February next year.

The exchange announced:

You can earn BMEX Tokens whether you’re an existing or new user. We will be airdropping crypto tokens (BMEX) in your wallets by 1 February 2022.

BitMEX users can earn BMEX based on trading volumes at the exchange and the generated fees.

The company detailed that there will be a maximum supply of 450 million BMEX tokens. They will be vested over a period of 5 years.

BitMEX explained:

The large majority of BMEX will be spent to reward users and grow the BitMEX ecosystem. An allocation of 20% is reserved for BitMEX employees and another 25% for our long-term commitment to the token and ecosystem.



Read Also: