BONK – the first dog-themed coin on the Solana blockchain – is now live on BitMEX Spot for users to deposit, buy and convert the BONK token.
To celebrate the new listing, we’re launching a BitMEX Goes BONKers campaign – where you can win up to $20,000 in BONK for trading the new listing (find out how here).
As of 8 March at 09:00 UTC, you can deposit and convert BONK. Trading for the token went live here at 04:00 UTC on 12 March.
For a lowdown on the new listing and how you can win your share of the rewards, read on.
If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.
About BONK on BitMEX
The addition of BONK on BitMEX means users can now:
- Trade BONK/USDT on BitMEX Spot via the open order book here.
- Convert Tether into BONK (and vice versa) with no fees nor any need to worry about slippage.
- Deposit and HODL BONK in their BitMEX Wallet.
- Note: There is a minimum deposit requirement of 100,000 BONK.
On top of the new spot listing, you can trade our BONK perpetual contract – 100BONKUSDT – with up to 10x leverage. Find the full contract specs here.
What is BitMEX Goes BONKers?
To celebrate the arrival of BONK on BitMEX Spot, we’re giving away $20,000 in BONK to users who trade the new token on BitMEX. We have a total of three reward schemes:
- Reward 1: $250 for 20 new BitMEX traders
- Distributed to those who register, deposit, and trade a minimum of $500 in BONK via a lucky draw.
- Reward 2: A share of $10,000 in BONK airdrops to BMEX Token stakers
- Distributed to all traders who stake a minimum of 1,000 BMEX on BitMEX.
- Reward 3: $500 in BONK as a referral bonus
- Distributed to the first 10 users that refer more than five friends to BitMEX.
Want your share of the rewards? The campaign runs from 8 March 2024 to 23 March 2024 – check out the full details here and get in on the action.
What is BONK?
BONK is the first dog-themed coin on Solana. It first launched via airdrops to the Solana community in 2022. As a result, there was a price rise of close to 35% in 48 hours. Since then, BONK has established itself as a true community coin of Web3.
The main goal of the BONK team is to bring back liquidity to Solana-based decentralised exchanges (DEXs). The idea was to create a full-fledged community coin, that could be used across all the dApps built on Solana. And that each user could have the opportunity to become part of the ecosystem, – one “where everyone gets a fair shot”.
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In the meantime, if you have any questions please contact Support who are available 24/7.
The post Now Live: Deposit, Buy, and Convert BONK to Win Up to $20,000 appeared first on BitMEX Blog.
