Wednesday 5 April, will mark a milestone for BitMEX, when BMEX Tokens start buying and selling on Gate.io – the primary trade outdoors of BitMEX, to checklist our token.
From 05:00 UTC, Gate.io merchants will be capable of purchase and promote BMEX – by way of a BMEX/USDT spot pair – on their Spot Exchange.
BitMEX customers will proceed to have the ability to commerce BMEX both by way of BitMEX Spot and BitMEX Convert. In addition to going lengthy or quick on BMEX – by way of 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 upcoming itemizing, BMEX Tokens and the provides obtainable for merchants in celebration of this milestone, learn on.
If you haven’t yet created a BitMEX account, you can do so here.
Celebration Provide: Win as much as 10,000 BMEX Tokens
To have a good time the beginning of BMEX buying and selling on Gate.io, customers who be a 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 very best PnL inside the competitors time-frame*.
Key occasions and dates:
- BMEX deposits on Gate.io shall be supported from 02:00 UTC on 4 April 2023.
- The BMEX/USDT spot pair will start buying and selling on Gate.io at 05:00 UTC on 5 April 2023 here.
- The BitMEX Buying and selling Competitors will start on 5 April 2023 at 12:00 UTC and finish on 11 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 measurement: 1
- Tick measurement: 0.001
For more information on the Gate.io itemizing specs, read this.
For all information 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 trade platform that caters to their wants together with decrease latency, higher liquidity and availability.
The BMEX Token was created for many who really imagine within the energy of digital belongings, and designed to gasoline their monetary potential by advantages together with buying and selling charge reductions, withdrawal charge refunds, VIP providers, 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 charge 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 inside the BitMEX ecosystem and reward merchants by way of a spread of advantages:
- Taker charge reductions of as much as 15%
- Maker rebates of as much as 0.004%
- Refunds on withdrawal charges
- Accelerated shortage by way of 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, similar 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 – might be present in our Litepaper.
About Gate.io
Gate.io is seen as a pacesetter within the altcoin house, and has been working reliably and stably for over 10 years. Much like BitMEX, Gate.io is without doubt one of the world’s unique cryptocurrency exchanges. It additionally shares strict operational pointers, complying with regulatory necessities and stance towards 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 find out about new BMEX Token listings and giveaways, join with us on Discord, Telegram, and Twitter. You probably have any questions within the meantime, get in touch with Support.
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