BitMex introduces most rewarding crypto earn product yet

BitMEX announced the launch of BitMEX EARN. This interest bearing product offers the most annual percentage rate (APR) of all public Earn products.

The product rewards clients who buy in their assets for a set period with an interest payout, going from 14 – 100% APR. Besides, BitMEX EARN is the main result of its sort in the market that is 100% insurance fund backed. All payouts are ensured by the BitMEX protection store – perhaps the largest funds in the industry.

The first cryptocurrency accessible on BitMEX EARN is Tether (USDT ERC-20). BitMEX clients who prefer the item before 7 December 2021 can prefer a prompt riser proposition to acquire up to a 100% APR on Tether for stores up to USDT 1,000 for each client and up to 14% APR for stores up to USDT 100,000 for every client. More details on BitMEX EARN can be seen as here.

Alexander Höptner, Chief Executive Officer at BitMEX, said: “BitMEX EARN permits anybody to handily create a twofold digit return a lot higher than the rates you’ll get with TradFi items. Our EARN items’ APR far outperforms what’s presented on other crypto platform, whose feature rates on comparable products are normally attached to out of reach marking necessities. We’ve likewise smoothed out our membership interaction, making this an item that requests to a wide range of merchants – in addition to the pros.