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Crypto Derivatives Exchange BitMEX to Launch Exchange Token by the End of the Year

Katie Lin

Summary: Crypto derivatives exchange BitMEX is planning to launch its exchange token, BMEX, by the end of the year, its CEO, Alexander Hoeptner, said in an interview with CoinDesk. Token holders will be entitled to discounts on trading fees as well as other perks. The exchange had announced in July that it was postponing the date ...

Crypto derivatives exchange BitMEX is planning to launch its exchange token, BMEX, by the end of the year, its CEO, Alexander Hoeptner, said in an interview with CoinDesk.

Token holders will be entitled to discounts on trading fees as well as other perks.

The exchange had announced in July that it was postponing the date of its token launch. Hoeptner explained that they wanted to make sure they weren’t launching before another market dip, as it would draw people's focus to the token’s declining price rather than the exchange’s new features and accomplishments. 

“People waited for so long. They can wait for another month or two,” said Hoeptner.

Author: Katie Lin

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Link: Crypto Derivatives Exchange BitMEX to Launch Exchange Token by the End of the Year   [Copy]
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