BitMEX Upgrades BMEX With More Fee Tiers, Reduced Staking Requirements, And 50% Increase In Staking Rewards

by
Alisa Davidson

Printed: April 01, 2025 at 9:17 am Up to date: April 01, 2025 at 9:17 am

by Ana

Edited and fact-checked:
April 01, 2025 at 9:17 am

In Temporary

BitMEX introduced upcoming modifications to its BMEX token, together with an increase in staking rewards to 7.5% and extra aggressive charge tiers providing as much as 70% reductions on buying and selling charges.

BitMEX Upgrades BMEX With More Fee Tiers, Reduced Staking Requirements, And 50% Increase In Staking Rewards

Cryptocurrency trade and spinoff buying and selling platform BitMEX introduced upcoming modifications to its BMEX Token.

The modifications embody a rise in staking rewards, with holders now incomes as much as 7.5%, up from the earlier 5%. Moreover, the platform is providing extra aggressive charge tiers, offering as much as a 70% low cost on buying and selling charges.

One other new function is the introduction of yield-generating airdrops for staked BMEX, that means customers will now obtain airdrops robotically, with out the necessity to stake the tokens themselves. Moreover, the unstaking interval for BMEX has been decreased from 14 days to 7 days, providing customers larger flexibility.

These updates are available response to the BMEX token’s spectacular 92% surge over the previous six months, with the objective of rewarding all merchants, whether or not new, returning, or present, and enhancing their entry to the token’s advantages.

What Is BMEX?

It’s the native utility token of the BitMEX trade, created to boost the monetary potential of merchants by providing a spread of advantages resembling staking rewards, buying and selling charge reductions, withdrawal charge refunds, and unique privileges. The important thing benefits of BMEX embody incomes as much as 7.5% in staking rewards when holding BMEX in a BitMEX pockets, getting access to improved charge tiers for aggressive reductions on each derivatives and spot market trades, and receiving extra BMEX airdrops based mostly on the person’s charge degree.

BitMEX implements a month-to-month BMEX token burn to encourage ecosystem development and keep long-term utility. This burn course of, which incorporates 4% of internet charges from derivatives markets, 8% from spot markets, and 50% from BMEX buying and selling pairs, helps improve demand for BMEX and affords token holders the potential for value surges alongside the token’s different ecosystem advantages.

The platform additionally affords incentives for each new and returning merchants. These merchants can earn as much as $5,000 in BMEX airdrops inside their first 30 days, relying on the buying and selling quantity. Present merchants can additional profit by bettering their charge tiers and having fun with greater staking rewards of as much as 7.5%, based mostly on their deposit worth and buying and selling exercise.