Remittances, inflation, and politics: those are the three reasons why more nations could follow El Salvador's move next year.
BitMEX is one of the most popular Bitcoin margin trading exchanges. It’s a crypto platform that allows users to trade Bitcoin, as well as other popular cryptocurrencies with high leverage of up to 100x.
Margin trading enables traders to borrow money from the exchange and place positions with leverage much higher than what they actually have in their trading balance.
This comes with a lot of benefits, such as the fact that it can seriously amplify profits, and it takes away the need to store large amounts of cryptocurrency on the exchange (from security reasons). However, it’s also a lot riskier, and it can cause severe and quick losses of capital, so it has to be practiced with extreme care.
BitMEX is owned by HDR Global Trading Limited, which is registered in Seychelles. It has offices across the world and is headquartered in Hong Kong. It was founded by Arthur Hayes, Ben Delo, and Samuel Reed back in 2014.
The exchange uses the so-called perpetual future contracts which are different from traditional Bitcoin futures contracts. Unlike the latter, the former can be terminated at any point, allowing traders to enter and exit their positions whenever they want to instead of having to wait for a settlement date. Of course, users can also take advantage of traditional contracts with a pre-determined settlement date.
Recent BitMEX News
BitMEX in 2021: CEO Alex Hoeptner Explains How He’ll Take the Veteran Exchange to a New Era (Exclusive)
Alexander Hoeptner - the CEO of BitMEX - talks about crypto regulations, challenges, and the future plans of the veteran
After a 10-month long regulatory battle with United States financial watchdogs, leading cryptocurrency derivatives exchange BitMEX has agreed to settle
The European soccer giant AC Milan has joined forces with the popular Bitcoin derivatives exchange BitMEX.
The popular Bitcoin derivatives exchange BitMEX has been removed from the High Risk Exchange category by Chainalysis.
SkyBridge Capital and MOSS Earth joined forces to buy and retire 38,436 tons of CO2 - an amount aiming to
Short BTC trades on BitMEX are significantly more compared to long positions, but could this actually be a good buying
Korean Bitcoin scaling researcher - Calvin Kim - will receive a $150,000 grant from BitMEX and the Human Rights Foundation.
Arthur Hayes has proposed to surrender on April 6th following the charges brought by the CFTC against him and other