BitMEX, the crypto derivatives trading platform, has airdropped 1.5 million BMEX (the new token of the platform) to older and newer users after the release of the BMEX Token Litepaper.
BitMEX confirmed that the tokens were offered to its clients based on their past activities on the exchange.
The company confirmed in December that it wants to release its native cryptocurrency and do an airdrop to verified BitMEX users.
Token holders enjoy several benefits such as a discount of up to 15% on trading fees, VIP tickets to sports events, VIP services for clients holding over 500,000 BMEX tokens, and exclusive product access, among others.
They also enjoy free access to the courses of BitMEX Academy and private community channels, plus an increased rate of return on BitMEX EARN deposits and fee discounts on the BitMEX Spot exchange which is likely to be released in Q2 2022.
Holders will be allowed to stake their BMEX tokens beginning today with spot trading of the tokens beginning in early Q2 after the release of the BitMEX spot exchange.
Alexander Höptner, the CEO of BitMEX, stated:
“Although this is a huge milestone for BitMEX users, it’s important to consider that we’re just at the beginning of our journey. Crypto is at the core of a massive shift from analog to digital, and we’re positioning BitMEX to be a cornerstone of this new paradigm. BMEX is the token for true believers in this new era and will be the fuel we use to expand the BitMEX ecosystem.”