lead Encrypted exchange BitMEX today announced a partnership with tokenization platform service provider Tokeny to help launch its native BMEX token. Tokeny contributed its technical expertise and advice during the token development phase in 2021, and worked with the BitMEX team to ensure the smooth launch of the token launch phase in early 2022.

BMEX

BMEX is designed as an ERC-20 token with a maximum supply of 450 million-many of which will be used to reward new and existing BitMEX users.

The token will incentivize participation in the ever-evolving BitMEX ecosystem, provide token holders with transaction discounts, increase the income of EARN products, and experience new products first.

In a limited time, users will have the opportunity to earn as much BMEX as possible by participating in competitions and gifts. Just yesterday, the exchange unlocked the latest welcome offer: the first 10,000 new users who complete KYC and subscribe to EARN will receive up to 40 BMEX tokens.

“Our users are always first. We launched BMEX to reward their loyalty. We chose to cooperate with Tokeny, one of the global leaders in the field of tokenization technology, to guide us in developing and issuing in the safest way BMEX. Tokeny has a good track record of cooperating with major cryptocurrency operators to simplify the token issuance process, and we are happy to have them join to support the launch of BMEX.”
—— Alexander HØBitMEX CEO ptner

Since 2017, Tokeny has helped build more than 28 billion USD in tokenized assets through its solutions.Token is Supported by Euronext, Europe’s leading market infrastructure??.

“Due to the clear definition of token economics, the efficiency of the BitMEX team, and our internal expertise, we tested and successfully deployed smart contracts in a short period of time.”
—— Luc Falempin, CEO of Tokeny

Until the BitMEX spot exchange opens in the second quarter of 2022, BMEX tokens will not be able to withdraw or trade. To receive BMEX tokens, please refer to the airdrop terms and conditions, for more information, please visit BitMEX Token page.