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Crypto Exchange BitMEX Announced To Launch BMEX Token

BitMEX has revealed that trading of the platform currency BMEX Token will launch on November 11, providing its users with the exclusive chance to engage in an IEO via an established cryptocurrency exchange.

By holding and staking BMEX tokens, users can get lower transaction fees, lower withdrawal fees, more staking rewards, and access to future products and services.

BitMEX previously disclosed the following information about BMEX: 450 million overall, 20% allotted to staff, 5% utilized for airdrops and first launch, not available to Americans or sanctioned nations, and so on.

BitMex defined BMEX as:

“We called BMEX the Token for True Believers. The traders, the HODLers, the whales and all of those in the community, who recognise that we live in a time where the future of money, transactions, art, security, investing, and more is being created. True believers recognise this potential. They aren’t passive observers. They are doers, evangelists, and trailblazers.”

BMEX is expected to launch at approximately 7 a.m. UTC on November 11, 2022, BMEX/USDT will be the latest trading pair on this spot exchange, followed shortly by two perpetual swaps – BMEXUSDT and BMEXUSD.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.