BitMEX, a crypto derivatives exchange and platform, today announced adding bitcoin to its EARN service. Now, users will be able to earn up to a 6% annual percentage rate (APR) on bitcoin (BitMEX-XBT).
For those who subscribe to EARN before February 1st, 2022, there is the option to choose between two bitcoin-based EARN products:
1) 4% APR bitcoin product
Matures on March 25th, 2022, and is capped at 0.1 XBT per user. The minimum deposit is 0.001 XBT.
2) 6% APR bitcoin product
Matures on March 25th, 2022, and is capped at 25 XBT per user. The minimum deposit is 1 XBT.
Active BitMEX traders who subscribe to this product will get the chance to enjoy 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 extra 2% above the base 6% APR.
- 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 extra 4% APR above the base 6% APR.
