Share this article
BitMEX Launches Program to Reward Partners, Drive Platform Traffic
The program is an attempt to spur new user growth and reinvent the platform's image.
Updated Sep 14, 2021, 12:47 p.m. Published Apr 28, 2021, 3:00 a.m.
Make us preferred on Google
Cryptocurrency derivatives exchange BitMEX is looking to rebuild its brand through a new program it hopes will drive user traffic to the platform.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The "BitMEX Partner Programme" aims to connect users with trading tools to "enhance their trading experience" while simultaneously rewarding up to 12 fresh industry partners. The partners, in turn, will steer user activity to the platform, according to a press release shared with CoinDesk on Wednesday.
In order to achieve its goal, BitMEX said it will be working with other companies to build technical integrations into the exchange, including providing access to the platform's API, white-glove service and internal resources. In return, the partner companies are to receive a split of the commission pot paid by end users. Rebates for trading integrations will also be rewarded to the partner companies.
Those companies include Hash CIB, Coinigy, CryptoSquawk, Drakdoo, Kaiko, Tardis, Paxos, 3Commas, CryptoStruct, NapBots, Stacked and WunderBit. These are to be broken into separate tiers, with each offering different rewards depending on their type of activity involvement according to the program's webpage.
BitMEX's program touches on several areas including trading software, algorithmic bot platforms, order and execution management system providers, brokers and data providers, among others.
Automated trading platform 3Commas and market data provider Tardis will offer privileges and promotions to BitMEX users over the coming days, according to the release.
See also: BitMEX Operator Appoints PwC Partner as Chief Financial Officer
The move comes as the platform seeks to redefine its image after a dramatic saga with the platform's co-founders. The exchange recently hired a new CEO and has pivoted towards other trading products outside of derivatives after its founder and early executives were accused of violating U.S. laws.
“This is a great way to provide more value to our existing users as well as reach out to new ones by incentivising partners to extend exclusive offers to BitMEX users while rewarding them for referrals they make to us," BitMEX CEO Alex Hoptner told CoinDesk via email.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Coreweave stock gains 9% on fresh $2 billion Nvidia investment
Already an investor in CoreWeave, Nvidia last September had agreed to purchase $6.3 billion of computing services from the AI infrastructure provider.
What to know:
- CoreWeave shares jumped about 9% in pre-market trading after Nvidia invested another $2 billion in the AI-focused cloud company.
- The new funding is intended to help CoreWeave expand to more than 5 gigawatts of AI-dedicated data centers by the end of the decade.
- The deal deepens a yearslong collaboration in which Nvidia and CoreWeave will align on hardware, software and data center strategy, and test CoreWeave’s Mission Control resource-scheduling platform for potential integration into Nvidia’s ecosystem.
Top Stories
