BitMEX Lists STLS with $20K Rewards in Trading Campaign

BitMEX will soon list STLS, the token for a decentralized metaverse island, in a new STLS/USDT pair available for trading, depositing, and purchasing. To commemorate this listing, BitMEX has launched the BitMEX x STELSI campaign, offering up to $20,000 in rewards. The campaign, from December 9 to December 31, 2024, features three main reward schemes: $5,000 in STLS for the first 200 new verified users, a share of $10,000 in airdropped STLS to top traders, and $50 in STLS for those who share the campaign announcement. Users should note the minimum deposit requirement of 15 STLS to participate. This initiative is open to those who meet the verification criteria on BitMEX, yet remains closed to participants from restricted jurisdictions as per BitMEX’s policies.
Bullish
The listing of STLS on BitMEX accompanied by a robust reward campaign is likely to drive interest and trading volume on the platform. These campaigns often boost liquidity and price action due to increased user engagement, especially as traders attempt to benefit from the rewards offered. Past events with similar campaigns have shown that new listings with incentives can lead to temporary bullish pressure on the token’s price and enhanced market activity.