BitMEX Introduces Most Rewarding Crypto ‘Earn’ Product Yet
Global cryptocurrency trading platform BitMEX announced the launch of BitMEX EARN. This interest-bearing product offers the highest annual percentage rate (APR) of all public Earn products.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211130005722/en/
This table comparison is accurate as of 30 November 2021 at 12 PM HKT/4AM UTC and assumes the highest APR. (Photo: Business Wire)
The product rewards users who subscribe their funds for a set period with an interest payout, ranging from 14 - 100% APR. Furthermore, BitMEX EARN is the only product of its type in the market that is 100% insurance fund backed. All payouts are guaranteed by the BitMEX insurance fund - one of the largest funds in the industry.
The first cryptocurrency available on BitMEX EARN is Tether (USDT ERC-20). BitMEX customers who subscribe to the product before 7 December 2021 can subscribe to an early bird offer to earn up to a 100% APR on Tether for deposits up to USDT 1,000 per user and up to 14% APR for deposits up to USDT 100,000 per user. More details on BitMEX EARN can be found here.
Alexander Höptner, Chief Executive Officer at BitMEX, said: “BitMEX EARN allows anyone to easily generate a double-digit return - much higher than the rates you'll get with TradFi products. Our EARN products' APR far outpaces what's offered on other crypto platforms, whose headline rates on similar products are usually tied to unattainable staking requirements. We've also streamlined our subscription process, making this a product that appeals to all kinds of traders - not just the pros.”
BitMEX EARN is part of its ambitious business transformation, known as its 'Beyond Derivatives' strategy. BitMEX is adding five new global business segments (Spot, Brokerage, Custody, Information Products, and Academy) after having launched a rigorous user verification and compliance programme in 2020. In January 2021, BitMEX announced the completion of its user verification programme, which made BitMEX one of the largest crypto derivatives exchanges to have a fully verified active user base. BitMEX EARN follows the company’s introduction of USDT for margin and settlement on perpetual swaps in November 2021.
BitMEX EARN launches on 1 December 2021, with subscriptions open for the first two products until 7 December 2021 (or until fully subscribed). To subscribe or learn more, visit the BitMEX EARN webpage.
About BitMEX
BitMEX is a trading platform that offers investors access to the global digital currency financial markets. BitMEX is owned by HDR Global Trading Limited. To learn more about BitMEX, our vision, growing team, and the road ahead, please follow us on Twitter, Telegram, and the BitMEX Blog. For further inquiries, please contact press@bitmex.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211130005722/en/
Contact information
Taylor Bossung, press@bitmex.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Scientist.com Wins Supplier Management Excellence Award at B2B Ecommerce Awards6.11.2025 16:43:00 EET | Press release
Scientist.com, the leading AI-enabled R&D orchestration platform for the life sciences, has been named the winner of the Supplier Management Excellence award at the prestigious B2B Ecommerce Awards. The honor recognizes organizations that set new standards in supplier network innovation, integration, and performance to deliver superior customer value. “Winning this award is a tremendous honor and a testament to our team’s relentless focus on simplifying and accelerating R&D,” said Andrew Nashed, VP, Supplier Relations at Scientist.com. “Our platform automates and optimizes the complex process of supplier management, enabling scientists to focus on innovation while we handle compliance, integration, and operational efficiency.” Scientist.com was recognized for its industry-leading approach to building and managing the world’s largest network of scientific service providers. Its technology-driven platform connects pharmaceutical, biotech, and academic researchers with over 6,000 pre-qual
CoMotion GLOBAL 2025 Unveils ‘Mayors in Motion’ Initiative: 100+ City Leaders to Accelerate Urban Innovation6.11.2025 16:00:00 EET | Press release
CoMotion GLOBAL, the world’s most influential gathering of urban mobility leaders, today announced the launch of Mayors in Motion, a landmark initiative uniting more than 100 global mayors and city leaders to accelerate urban innovation and sustainable development. The program will debut at the upcoming CoMotion GLOBAL conference in Riyadh, December 7–9, underscoring the summit’s growing role as a catalyst for collaboration among the world’s most forward-thinking cities. Designed to drive progress toward more connected, sustainable, and inclusive cities, Mayors in Motion will serve as a powerful global network for city leaders to exchange insights, coordinate strategies, and champion practical solutions. Through this coalition, participating mayors will collaborate to address critical shared challenges – from decarbonization and digital transformation to equitable access and urban resilience. The inaugural program features an exceptional lineup of current and former mayors alongside se
Game Developers Can Now Strengthen Player Loyalty and Security With Xsolla’s Expanded Fintech Ecosystem This Holiday Season6.11.2025 16:00:00 EET | Press release
Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of its fintech ecosystem with a new suite of Xsolla-owned payment methods just in time for the busy holiday sales season, when transactions surge. Reliable payment solutions are essential for success. These solutions are designed to help developers strengthen player loyalty, reduce transaction friction, and maintain secure, trusted checkout experiences across global markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251106730479/en/ (Graphic: Xsolla) As the gaming industry enters its peak seasonal spending period and focuses on sustaining loyal player engagement, Xsolla continues to invest in fintech innovations that connect all aspects of commerce, rewards, and security. Xsolla’s owned payment portfolio includes Xsolla Gold Gift Cards (both physical and digital) and the Xsolla Pay Loy
FIA Collaborating With Leading American University to Examine the Role of AI in Tackling Online Abuse in Sport6.11.2025 16:00:00 EET | Press release
The Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has today announced a landmark research collaboration with the University of Notre Dame, a leading research university in the United States. Supported by the FIA Foundation, the collaboration will strengthen the global response to online abuse in sport through joint research and innovation. The agreement sets out a framework for collaborative research projects between the FIA and the University of Notre Dame. These will focus on the causes, impact, and prevention of online abuse in sport, including the emerging role of artificial intelligence (AI) in both the spread of harmful content and the development of potential solutions. Additionally, they will examine how online abuse intersects with identity, alongside athlete experiences, mental health, and the regulatory response of sports federations. The University of Notre Dame and United
Tigo Energy Modernizes Installer Experience with All-Digital Installation Resources6.11.2025 16:00:00 EET | Press release
Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today unveiled a comprehensive upgrade to the way the Company supports solar installers with product documentation during the installation process. Beginning in November 2025, new Tigo TS4 Flex MLPE product shipments will replace printed installation manuals with digital documentation accessible via QR codes prominently displayed directly on each product box. The change to digital documentation gives installers instant access to the most current installation guides, immersive visual guides and videos, and localization for languages in the markets Tigo serves. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251106349149/en/ Tigo’s new QR code system replaces printed manuals, giving installers like Mann Solar on-demand access to current installation guides and localized documentation. In the spirit of T
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom