Arthur Hayes has proposed to surrender on April 6th following the charges brought by the CFTC against him and other
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
After months of inactivity on social media, the former CEO of BitMEX, Arthur Hayes, shared a post detailing his views
100x Group, the corporation operating the Bitcoin derivatives exchange BitMEX, has a new Independent Non-Executive Board Director.
BitMEX has finalized its User Verification Program which started in December 2020. 100% of the platform's volume is reportedly fully
BitMEX users to enjoy faster bitcoin deposits and withdrawals after the derivatives exchange announced a major update of its integration
A few months after the departure of Arthur Hayes as the 100x CEO, the BitMEX parent company has replaced him
Over a month after the owners of BiMEX were charged with anti-money laundering violations, the exchange has partnered with Eventus
BitMEX will be adding Polkadot, Binance Coin, and YFI for trading towards the end of the month. In addition, the
Over 2,000 accounts of the popular retail-oriented trading app Robinhood have been compromised. Hackers reportedly managed to siphon off customer
According to a recent report published by BitMEX Research, hackers are scanning Bitcoin's network 24/7 in search of familiar and