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Crypto trading platform Bitmex unveils exchange token called BMEX, Airdrop – Exchanges – Crypto News

The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX” after a number of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will receive five BMEX coins and ten tethers.

Bitmex to airdrop BMEX tokens to registered and KYC-processed users

On Tuesday, the crypto exchange Bitmex announced the minting of its own token called BMEX. The digital currency exchange said on Twitter that the newly minted asset is a “mark of true believers”. Bitmex is an exchange launched in 2014 by. Founded Arthur Hayes, Ben Delo and Samuel Reed. There are several ways to get the BMEX token and one way is to register as a new user and complete the KYC process. People who do this will receive five BMEX and ten tethers (USDT) Token.

Bitmex says the company will send coins to existing and new users through February 1, 2022. Users can also earn BMEX by trading on the exchange or referring at least three friends to register. Referrals, one person will receive 15 BMEX tokens if one person can get three people to register and complete Bitmex’s KYC process. According to the announcement, traders can save up to 25% on trading by using BMEX tokens.

Bitmex is late for the Exchange Token Party

Bitmex follows a long list of trading platforms like FTX, Binance, Coinflex and others that have introduced exchange tokens. Bitmex states that BMEX will start trading in the second quarter of 2022, and the company will also be coin’s Tokenomics. After the announcement, some people signed up to receive their rewards but struggled. Bitmex then disclosed that there were “some intermittent delays in creating accounts and” USDT Deposit addresses. “

Another person jokingly wrote that Bitmex was a few years late to the game when it came to releasing barter tokens. “4 years late, but nice try,” the individual said in response to Bitmex’s BMEX announcement tweet. Another person wrote: “Do I get a token for every liquidation notice?”

Bitmex had a few issues, such as the founders being charged with violating US bank secrecy law. Reed was arrested, and Hayes turned himself in and Delo too has surrendered to the authorities. When Hayes turned himself in, he was released on bail and all three co-founders are due to appear in New York for a trial scheduled for March 28, 2022.

What do you think of Bitmex air dropping a token called BMEX? Let us know what you think on this matter in the comments below.

Crypto trading platform Bitmex unveils exchange token called BMEX, Airdrop – Exchanges – Crypto News, Crypto Trading News

Jamie Redman

Jamie Redman is the News Lead at News and a Florida-based financial tech journalist. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for bitcoin, open source code and decentralized applications. As of September 2015, Redman has written more than 4,900 articles for News on the disruptive protocols emerging today.

Photo credits: Shutterstock, Pixabay, Wiki Commons

Source: Crypto News Austria

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