BMEX BitMEX Token

$0.156984

+2.88%

Time Interval :

Time Range :

.csv
.xls
.xlsx

Rank #663
Market Cap 1.80% $15,659,197
24H Spot Volume -47.90% $24,055.84
24H Volume / Market Cap -
Circulating Supply 99,750,000.00
Total Supply 450,000,000
Max Supply 450,000,000.00
Fully Diluted Valuation $70,642,994
API ID bitmex-token
Project Start Date Jan, 2021
Contracts & Explorer(s) 0xB11...75277
Websites Website
Links

About BMEX Roadmap & Milestones

BMEX is the utility token of the BitMEX ecosystem, designed to enhance users' trading experience on BitMEX exchange through benefits such as trading fee discounts and enhanced staking rewards.

BMEX is the utility exchange token of the BitMEX ecosystem, designed to enhance users’ trading experience on BitMEX. According to the BitMEX exchange, BMEX holders will enjoy a range of benefits including trading fee discounts, enhanced staking rewards on BitMEX EARN products, participation in swag raffles and many more.

The token was mint in December 2021 but not released or got listing until November 11 2022.

The BitMEX exchange was founded by founder Arthur Hayes, Benjamin Delo and Samuel Reed in 2014 with the aim of creating a pure futures contract trading platform. In 2016, BitMEX introduced perpetual swap contracts for the first time in the Crypto space. To date, it remains one of the leading digital asset derivatives exchanges in terms of trading volume.

The BMEX Token will be at the core of the BitMEX ecosystem and BMEX holders can enjoy benefits such as:

Trading fee discounts and preferential rates on our derivatives and BitMEX Spot exchange
Withdrawal fee reimbursement • Early access to new products
Participation in IEOs on BitMEX Spot
Increased staking rewards on BitMEX EARN
Exclusive privileges and experiences such as early product access, swag, and tickets to sporting events
VIP service for large token holders
As the BMEX Ecosystem grows, quarterly burning of BMEX tokens

For more detailed token allocation and vesting plan, please visit here.

2022 Nov
On November 11, 2022, BMEX exchange token was introduced.
2022 May
On May 20, 2022, Hayes was sentenced to two years' probation, with home confinement for six months.[18]
2022 Mar
On March 9, 2022, Reed pleaded guilty to violating the Bank Secrecy Act and agreed to pay a $10 million criminal fine. Reed faces a maximum of five years in prison when he’s sentenced by U.S. District Court Judge John George Koeltl in New York.
2022 Feb
On February 24, 2022, Delo and Hayes pled guilty to violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an anti-money laundering program at BitMEX. The pair agreed to separately pay a $10 million criminal fine representing pecuniary gain derived from the offense.
2021 Apr
On April 6, 2021, former BitMEX CEO Arthur Hayes turned himself in to face U.S. charges for violating the Bank Secrecy Act. He was released on $10 million bond pending future court proceedings in New York.
2020 Oct
On October 1, 2020, Hayes, Reed, Delo, and Gregory Dwyer were indicted on charges of violating the U.S. Bank Secrecy Act and conspiracy to violate that law, arising from allegations that the four failed to implement anti-money laundering measures. The case name is "U.S. v. Hayes et al", case number of 20-cr-00500, in the U.S. District Court for the Southern District of New York.
2019 Jul
In July 2019, Nouriel Roubini, a critic of cryptocurrencies, suggested that the exchange is involved in illegal activities, allowing traders to take on too much risk and by trading against clients. Two days later, it was reported by Bloomberg that the Commodity Futures Trading Commission (CFTC) was investigating BitMEX as to whether they broke rules by allowing Americans to trade on the platform.
2016 May
On 13 May 2016, the exchange introduced perpetual futures, which became its most popular derivative product.
2015 Jul
Bitmex completed a SAFE round of investment in July 2015 then shortly after was inducted into SOSV batch 8 china accelerator program where it sold equity in exchange for labour and financing.
2014 Jun
BitMEX exchange is founded in 2014 by Hayes and Delo.