BitMEX Launches Major Upgrade for BMEX: Increased Staking Rewards and Reduced Trading Fees

Odaily Planet Daily News: According to official sources, BitMEX has announced a significant upgrade to its $BMEX token ecosystem, introducing higher staking rewards, lower trading fees, and expanded token utility, aimed at providing greater value and flexibility for traders on the platform. The latest updates for $BMEX include:

• Increased staking rewards - Users can now earn up to 7.5% on their staked $BMEX, a 50% increase from the previous yield;
• Reduced trading fees - $BMEX holders can enjoy discounts of up to 70% on trading fees;
• Easier access to discounted fee tiers - More traders can now qualify for trading fee reductions and additional benefits.

Stephan Lutz, CEO of BitMEX, stated: "The $BMEX token is the cornerstone of our ecosystem, and the expansion of $BMEX functionalities reflects our ongoing commitment to rewarding users. By increasing staking rewards, lowering the threshold for discounted fees, 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 burn program further enhances the token's value, driving long-term demand and ecosystem growth.