In an attempt to provide more accurate information regarding cryptocurrency exchanges, the popular data tracking website CoinMarketCap has launched exchange
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
According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%. At the
Bitcoin futures contracts allow traders to speculate on the price of Bitcoin without necessarily have to own it. They are
Popular cryptocurrency exchange and derivatives trading platform, BitMEX, announced today that it is launching an ETHUSD Quanto futures contract on
HDR Global Trading Limited, the owner of leading derivatives platform and crypto exchange, BitMEX, has announced its support in the
The development funding state of Bitcoin Core is at a healthy level, according to a report compiled by BitMEX Research.
Cryptocurrency adoption in India seems to continue as a local exchange closed a successful Series A funding round for $3
BitMEX Downtime Followed By Bitcoin’s $1800 Collapse On Thursday Due To Botnet Attack, BitMEX CTO Says
Samuel Reed, BitMEX CTO, shared some information on the recent controversy that led to high levels of liquidated assets on
The last few days have been quite terrible as the cryptocurrency market shreds every single gain it has amassed since