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On Wednesday 5 April, we achieved a brand new milestone with the itemizing of BMEX Tokens on Gate.io – the primary change outdoors of BitMEX, to listing our token.
From 05:00 UTC, Gate.io merchants can purchase and promote BMEX – through a BMEX/USDT spot pair – on their Spot Exchange.
BitMEX customers will proceed to have the ability to commerce BMEX both through BitMEX Spot and BitMEX Convert. In addition to going lengthy or quick on BMEX – through our BMEXUSD and BMEXUSDT listings – and with as much as 50x leverage.
The itemizing of BMEX on Gate.io aligns with our ongoing focus to develop and improve the utility ecosystem for BMEX holders, with extra listings on different exchanges to come back quickly.
For extra on Gate.io’s itemizing, BMEX Tokens and the affords accessible for merchants in celebration of this milestone, learn on.
If you haven’t yet created a BitMEX account, you can do so here.
Celebration Supply: Win as much as 10,000 BMEX Tokens
To rejoice the beginning of BMEX buying and selling on Gate.io, customers who be part of our Buying and selling Competitors (additional particulars to observe) will stand the prospect to win as much as 10,000 BMEX (and bragging rights). Winners shall be these with the best PnL throughout the competitors time-frame*.
Key instances and dates:
- BMEX deposits on Gate.io are actually supported (ranging from 02:00 UTC on 4 April 2023).
- The BMEX/USDT spot pair started buying and selling on Gate.io at 05:00 UTC on 5 April 2023 here.
- The BitMEX Trading Competition will start on 5 April 2023 at 12:00 UTC and finish on 12 April 2023 at 12:00 UTC.
Gate.io BMEX/USDT Spot Pair Specs
- Image: BMEX_USDT
- Underlying foreign money: BMEX
- Quote foreign money: USDT
- Lot dimension: 1
- Tick dimension: 0.001
For more information on the Gate.io itemizing specs, read this.
For all data about BMEX spot and perpetual listings at BitMEX, read this.
Extra About BMEX, the BitMEX Token
BitMEX exists to supply institutional {and professional} merchants with a cryptocurrency change platform that caters to their wants together with decrease latency, higher liquidity and availability.
The BMEX Token was created for many who actually imagine within the energy of digital property, and designed to gas their monetary potential by means of advantages together with buying and selling payment reductions, withdrawal payment refunds, VIP companies, and extra.
On 11 November 2022, BMEX’s launch marked a brand new chapter for BitMEX and our customers – our true believers.
For the reason that launch, we’ve continued to develop and improve the BMEX utility ecosystem for token holders – by introducing even better fee discounts and maker rebates, withdrawal payment waivers, and monthly token burning.
BMEX itemizing on Gate.io is one other chapter for BMEX.
Key Options of the BMEX Token
The BitMEX Token (BMEX) is our utility token, designed to incentivise participation throughout the BitMEX ecosystem and reward merchants through a variety of advantages:
- Taker payment reductions of as much as 15%
- Maker rebates of as much as 0.004%
- Refunds on withdrawal charges
- Accelerated shortage through the month-to-month buying and burning of BMEX
- The quantity of BMEX eligible for getting and burning are:
- 4% of the Web Price from derivatives markets
- 8% of the Web Price from spot markets
- 50% of the Web Price from BMEX Token buying and selling pairs (on the BitMEX Derivatives & Spot Markets)
- The quantity of BMEX eligible for getting and burning are:
- Unique privileges and experiences, akin to early product entry, BitMEX SWAG, and tickets to sporting occasions
Additional particulars on our token utilities – together with the BMEX Token vesting schedule and allocation – will be present in our Litepaper.
About Gate.io
Gate.io is seen as a frontrunner within the altcoin house, and has been working reliably and stably for over 10 years. Just like BitMEX, Gate.io is likely one of the world’s authentic cryptocurrency exchanges. It additionally shares strict operational tips, complying with regulatory necessities and stance in opposition to market manipulation.
These in search of to study extra about buying and selling BMEX on Gate.io can go to the Help Centre or contact their Support team.
To be the primary to learn about new BMEX Token listings and giveaways, join with us on Discord, Telegram, and Twitter. When you have any questions within the meantime, get in touch with Support.
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