Odaily Planet Daily News According to official news, BitMEX announced a major upgrade to its BMEX token ecosystem, launching higher staking rewards, lower transaction fees, and expanded token utility, aiming to provide greater value and flexibility for traders on the platform. The latest updates to BMEX include:
-Increased staking rewards-Users can now earn up to 7.5% by staking BMEX, a 50% increase over the previous yield;
-Lower transaction fees-BMEX holders can enjoy up to 70% transaction fee discounts;
-Easier to obtain preferential rate tiers-More traders can now get transaction fee reductions and more benefits.
Stephan Lutz, CEO of BitMEX, said: "BMEX tokens are the cornerstone of our ecosystem, and the expansion of BMEX's functionality reflects our commitment to continuously rewarding our users. By increasing staking rewards, lowering the threshold for preferential rates, and introducing new token incentives, we provide traders with more opportunities to optimize their trading experience."
As the native utility token of the BitMEX exchange, BMEX aims to drive wealth growth for traders through staking rewards, trading fee discounts, withdrawal fee rebates, and exclusive privileges. BitMEX's monthly token destruction plan further enhances the value of the token, driving long-term demand and ecosystem growth.