Wallets&Exchanges

Coming Soon: Deposit and Trade LOT to Win Up to 400,000 LOT Tokens

From 24 June at 12:00 UTC, LOT (League of Traders) will be available on BitMEX via LOT/USDT (Spot) and LOTUSDT (Perpetual), for users to deposit and trade the LOT token. 

To celebrate the new listing, we’re launching the BitMEX x League of Traders campaign – where you can win up to 400,000 LOT tokens for trading the new listing (find out how here). 

Users will be able to deposit, buy, and trade LOT on BitMEX Spot from 24 June. Trading for LOTUSDT will also start here

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 $5,000+ in BMEX Tokens for verified users – you can register here.

BitMEX Spot: Deposit, Buy, and Trade LOT

The addition of LOT on BitMEX Spot means users can now:

  • Deposit and Hodl LOT in their BitMEX Wallet.
  • Trade LOT_USDT on BitMEX Spot via the open order book here.

*Note: There will be a minimum deposit requirement of 200 LOT.

LOTUSDT Contract Specs

LOTUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the League of Traders token and trade it with leverage, without needing to have any LOT holdings.

Key contract details for our LOT token listing:

  • Symbol: LOTUSDT
  • Margin Currency: USDT
  • Contract Size: 1 LOT
  • Lot Size: 100
  • Minimum Trade Amount: 100 LOT
  • Underlying: .BLOTT
  • Max Leverage: 50x
  • Maker Fee: 0.05%
  • Taker Fee: 0.05%
  • Base Initial Margin: 2.00%
  • Base Maintenance Margin: 1.00%

You will be able to trade the LOT perpetual contract here, or refer to the full contract specs here.

BitMEX x LOT: Win up to 400,000 LOT Tokens

To celebrate the arrival of LOT on BitMEX, we’re giving away 400,000 LOT tokens to users who trade the new listing on BitMEX. 

It’s simple – the more you trade, the higher your rewards. For details on how much you can win for trading LOT on BitMEX, visit this page

What is LOT (League of Traders)?

LOT is the official token of League of Traders, powering their decentralized social trading platform.

League of Traders transforms crypto trading into a gamified social experience. It allows users to track and compare the performance of top traders across multiple major exchanges, offering access to publicly shared portfolios that include trading activity, asset allocations, and performance metrics. The platform also features copy trading, enabling users to automatically mirror the trades of selected experts.

Launched in 2021, and with its token LOT officially launched on June 20, 2025, League of Traders aims to enhance transparency and accessibility in trading by offering a data-driven social experience. Holding LOT tokens provides users with benefits such as access to exclusive portfolio insights, platform discounts, reduced copy trading fees, and eligibility for special events including live trading streams. The platform also employs a “Social Staking” model, combining Proof of Shares (POS) with Proof of Community (POC), which factors in user engagement for reward calculation. Furthermore, “LOT Beacon” allows traders to select token pairs and apply trading signals sourced from the League of Traders community for either manual or automated trading, breaking traditional copy trading limitations.

To be the first to know about our new promotions, giveaways, listings, and product launches, you can visit https://www.bitmex.com/ or connect with us on Telegram, Twitter, or Discord. We encourage you to also check our blog regularly. 

In the meantime, if you have any questions please contact Support.

The post Coming Soon: Deposit and Trade LOT to Win Up to 400,000 LOT Tokens appeared first on BitMEX Blog.

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