pixelpixel

The Token for True Believers

Why a Token?
And Why From Us?

BitMEX was one of the first true believers in the power and possibilities of crypto, so we created the systems and tools to help you trade it. Now, we're introducing the BMEX Token that can fuel your financial potential.

The benefits of holding BMEX will grow right along with you as we build out our full-service crypto investment platform, and unveil new products and services to strengthen your trading mastery.

Read our Litepaper that outlines the vision, attributes, and benefits of BMEX.

Benefits

Benefits You'll Experience Now

You’ll immediately begin reaping rewards by staking BMEX:

  • Trading fee discounts
  • Exclusive privileges and experiences such as early product access, BitMEX SWAG, and tickets to sport events
  • VIP service for large Token holders above 500,000 BMEX

BMEX gives additional trading fee discounts to every true believer (the discounts displayed here apply in addition to any ADV-based fees and discounts).

BMEX StakeDiscount on Taker Fees
  • 251.00%
  • 2002.00%
  • 1,0004.00%
  • 10,0006.00%
  • 50,0008.00%
  • 500,00010.00%
  • 1,000,00012.00%
  • 3,500,00015.00%

BMEX needs to be staked in your main account.
Benefits are then applicable to all linked accounts.

Benefits Coming Soon

We’re always expanding the BitMEX investment platform to serve you better and holding BMEX Tokens will boost your experience along the way:

  • Increased staking rewards on BitMEX EARN
  • Participation in initial offerings on the BitMEX Spot exchange
  • Fee discounts on the BitMEX Spot exchange and fiat onramps
  • Free access to BitMEX Academy courses and private community channels
  • As the BMEX Ecosystem grows, we will buy and burn BMEX Token every quarter, starting Q3 2022
  • The Index and more information about burning will be published here in Q2 2022.

Token Issuance in Two Phases

Phase 1: Earn BMEX

The more you trade, the more BMEX you can earn. Start earning BMEX by trading on BitMEX.com from now until the launch of our Spot market in Q2 2022.

Token are earned as per the following formula:

[ADV-based BMEX Payout Percentage] x [BMEX Eligible Fees]

  • The eligible fees are 80% of the Taker Fee + 20% of Maker Rewards (in absolute terms).
  • The ADV-based BMEX Payout Percentage is following the progressive scale shown in the graphic.
  • To calculate your amount of BMEX, see our example here.
  • All BMEX Airdrops are consolidated across customer accounts and allocated to the main account only. A maximum of 50,000 BMEX per month per customer (main account) can be earned.
  • The minimum ADV to earn BMEX is $10.
  • Airdrop amounts are rounded to the first decimal (e.g 0.1)
  • More details about this offer and additional BMEX earn promotions can be found here.
(Note that BMEX Token cannot be withdrawn from BitMEX in Phase 1.)

% of 1 BMEX allocated per 1 USD Eligible Fee

Eligible Fee = 80% Taker Fee paid + 20% Maker Rebate (absolute)
  • > 10100%
  • 1k50%
  • 10k25%
  • 100k20%
  • 1m10%
  • 2m8%
  • 5m6%
  • 10m4%
  • 25m2%
  • 50m1%

Average Daily Volume (USD)

in the period since the last Airdrop

Phase 2: Trade BMEX

  • Upon the launch of the BitMEX Spot exchange in early Q2, 2022, BMEX Token will become tradeable and can be bought on the BitMEX Spot exchange as well as on partnering venues.
  • BMEX Token can be deposited or withdrawn freely at that point.

Token Distribution and Use of Funds

Please download our Litepaper to learn about the lock-up and vesting schedules as well as target use of funds.

  • Airdrops & Launch
  • Product & Liquidity
  • Employee Incentives
  • Ecosystem Growth
  • Long-term Reserve

Any Questions?

If you want to know more about the power of the BMEX Token, and how it can take you to the next level of crypto participation, we invite you to explore the links below.

Disclaimer

The information shown is provided for your information only and does not constitute investment advice. BMEX Tokens are functional utility tokens designed for use on BitMEX.com. BMEX Tokens are not shares, bonds, units in a collective investment scheme, securities, or other instruments commonly known as securities of any type. BMEX Tokens are not being offered to US Persons and are not available in the United States, sanctioned jurisdictions or in other jurisdictions as may be specified by BitMEX from time to time. Please see the BMEX Token Disclaimer here for further details.