BitMEX has announced the addition of two new tokens, TRUMP and KAMA, to its spot trading platform. Starting tomorrow at 04:00 UTC, users will be able to deposit, buy, and trade these tokens, according to BitMEX Blog.
Introduction of Memecoins
The TRUMP and KAMA tokens, also known as MAGA (TRUMP) and Kamala Horris (KAMA), are memecoins themed around the U.S. election. These tokens are set to attract traders interested in politically themed cryptocurrencies, adding a unique flavor to the trading options on BitMEX.
Trading Details
Users can start depositing, buying, and trading TRUMP and KAMA tokens on BitMEX Spot. The official trading pairs are TRUMP/USDT and KAMA/USDT. Interested users can find more information about trading TRUMP here and KAMA here.
Market Impact
The addition of TRUMP and KAMA tokens to BitMEX Spot is expected to stir interest among traders, particularly those who follow political trends and events. Memecoins have historically seen significant trading volumes and volatility, which can provide opportunities for traders looking to capitalize on short-term price movements.
For more details on the new spot listings, read the official announcement on the BitMEX Blog.
Image source: Shutterstock