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 Interest Rate (APR) on Bitcoin (BitMEX-XBT).
For users who subscribed to EARN before February 1, 2022, there are two Bitcoin-based EARN products to choose from:
1) 4% APR Bitcoin Products
Expires on March 25, 2022, capped at 0.1 XBT per user. The minimum deposit is 0.001 XBT.
2) 6% APR Bitcoin Products
Expires on March 25, 2022, capped at 25 XBT per user. The minimum deposit is 1 XBT.
Active BitMEX traders who subscribe to this product will have the opportunity to enjoy higher returns:
- Users who trade USDT-margined products and maintain an average daily volume (ADV) of at least 500,000 USDT during the subscription period until expiration will earn an additional 2% on top of the base 6% APR.
- For users who trade USDT margin products and maintain at least $1 million in ADV during the subscription period until expiration, you will receive an additional 4% APR over the base 6% APR.
