BITMEX upgrades BMEX with more fee layers, steaking requirements and 50% increase in stewing rewards.
Alisa Davidson
Post: April 1, 2025 9:17 AM Update: April 1, 2025 9:17 am
Edit and fact confirmation: April 1, 2025 9:17 am
simply
BITMEX has announced the upcoming changes in BMEX tokens, which has announced the upcoming change, including a competitive expenses that offer up to 70% discount on reward and transaction fees to 7.5%.
Cryptocurrency Exchange and Derivatives Platform BitMEX have announced changes in the upcoming BMEX tokens.
Changes include increasing stake compensation, and holders have increased up to 7.5%from 5%. The platform also offers a more competitive fee layer to provide up to 70% discount on transaction fees.
Another new feature is the introduction of a yield generated air drop for steaked BMEX. In other words, the user is now automatically receiving air drops without having to do tokens on their own. In addition, the reckless period for BMEX decreases from 14 to 7 days, providing greater flexibility to users.
This update is a response to an impressive 92% increase in BMEX tokens over the last six months, rewarding new, return or existing traders and improves access to the benefits of tokens.
What is BMEX?
The basic utility token of Bitmex Exchange is designed to improve the financial potential of the traders by providing various benefits such as staying compensation, transaction fee discount, withdrawal fee refund and monopoly privileges. The main advantage of BMEX is to obtain up to 7.5%of the steak compensation when holding BMEX on Bitmox Wallet and to receive additional BMEX air drops according to the access and user’s fees for the improved fee layer for competition discounts on derivatives and spot market transactions.
BITMEX implements monthly BMEX token burns to encourage ecosystem growth and maintain long -term usefulness. The video process, which includes 4%of the net commission in the derivatives market, 8%in the spot market, and 50%of the BMEX transaction pairs, increases the demand for BMEX and provides token holders with other ecosystems of tokens and prices.
This platform also provides incentives for new and return traders. These traders can earn up to $ 5,000 in the BMEX Air drop within the first 30 days, depending on the volume. Existing traders can enjoy more benefits by improving the fees according to the deposit value and trading activities and enjoying a high -staying reward of up to 7.5%.
BITMEX allows users to trade cryptocurrency contracts, such as gifts and permanent contracts, without owning a basic asset. The platform is designed for experienced investors and professional traders and offers advanced features such as customable trading interfaces that can choose more and more widgets to improve leverage and user experience.
Bitmex has met legal and regulatory issues over time. In October 2020, the US authorities were prosecuted by the founders of the platform that they did not prepare for the anti-money laundering (AML) and KNOW-YOUR-CUUSTOMER (AML) and violated the bank secret law.
Former President Donald Trump recently issued a slope to Aarthur Hayes, Benjamin Delo and Samuel Reeds (Aarthhur Hayes, Benjamin Delo, and Samuel Reed), who were convicted of the previous AML and KYC violations.
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About the author
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
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Alisa Davidson
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
More