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Crypto Exchange BitMEX Announces Airdrop of New Native Token to Millions of Users

BitMEX crypto exchange is preparing to launch its brand new utility token and then send it to its millions of users.
In a new announcement via Twitter, the exchange tells its 116,000 followers that it is launching BMEX, its new token for “true believers”.

Both new and existing users will receive BMEX at the Airdrop, which is slated to begin on February 1, 2022.

According to a blog post by BitMEX CEO Alexander Höptner, users can participate in the Airdrop either through trading incentives on the exchange, registering with a new account (for the first 50,000 users) or referring three friends.

After the release, BMEX will be tradable as soon as the new BitMEX spot exchange goes live sometime at the beginning of the second quarter of 2022.

BitMEX says there will be a hard cap offer of 450,000,000 BMEX that will be spread over a five year period.

“Most of the BMEX is being spent to reward users and grow the BitMEX ecosystem. An allocation of 20% is reserved for BitMEX employees and another 25% for our long-term commitment to the token and the ecosystem. “

The exchange also says a whitepaper for BMEX should be released by the end of January 2022.

Crypto exchange tokens were among the top performers in the market last year.

Binance Coin (BNB), the utility token that powers Binance, the world’s largest crypto exchange, is up 1,450% last year, while’s CRO token is 1,740% up last month Opening price has increased year over year. In comparison it is Bitcoin (BTC) increased by a little more than 100% in the same period.

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Source: Crypto News Deutsch

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