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BitMEX EARN adds support for bitcoin (BTC) with up to 6% APR

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 subsc...

BitMEX EARN adds support for bitcoin (BTC) with up to 6% APR

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.

The post BitMEX EARN adds support for bitcoin (BTC) with up to 6% APR appeared first on CryptoNinjas.

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