BitMEX, a crypto derivatives exchange and platform, today announced the addition of bitcoin to its EARN service. Now, users will be able to earn up to 6% Annual Percentage Rate (APR) on bitcoin (BitMEX-XBT).
For those who subscribe to EARN before February 1, 2022, there is the option to choose between two Bitcoin-based EARN products:
1) 4% bitcoin proceeds APR
Expires March 25, 2022 and capped at 0.1 XBT per user. The minimum deposit is 0.001 XBT.
2) bitcoin product at 6% APR
Expires March 25, 2022 and capped at 25 XBT per user. The minimum deposit is 1 XBT.
Active BitMEX traders who subscribe to this product will have the chance to benefit from even higher returns:
- Users who trade USDT margined products and maintain an average daily volume (ADV) of at least 500,000 USDT over the subscription period until maturity will earn an additional 2% above the base APR of 6 %.
- Users who trade USDT margined products and maintain an ADV of at least one million USDT over the subscription period until maturity will earn an additional 4% APR on top of the base APR of 6 %.
