TechFlow news — Official announcement: cryptocurrency exchange BitMEX will launch its native BMEX token on November 11. BitMEX stated that the token will be used to reward customers, with incentives provided in the form of trading fee discounts, withdrawal fee waivers, enhanced staking rewards, and access to new products and services.
BitMEX first announced the BMEX token in December last year and began airdropping it to users in February, having "cumulatively distributed millions of BMEX tokens to over 80,000 traders." In June, the company postponed the token's listing, citing "market conditions." However, according to Benjamin Usinger, BitMEX's Chief Marketing Officer, now is the right time for the launch. In a statement, he said the exchange "wants to contribute to liquidity growth and revitalize the crypto market."Original link
