The EMX Token is a utility token with the following benefits:
- Collateral: EMX tokens—in addition to BTC, ETH and stablecoins— may be used as collateral on the exchange.
- Fee Discounts: Earn generous discounts when you pay fees with the EMX Token. Fee discounts are detailed here.
- Staking: Lend EMX tokens to the EMX Insurance Fund. 10% of the fund's gains are paid out to EMX Token holders every two weeks.
- Rewards: Holders of the EMX tokens have the opportunity to earn more in trading competitions, and also get access to premium features on the exchange.