Adding Coins And Reducing Fees: Will BitMEX Survival Efforts Help Despite The Mandatory KYC?
BitMEX will be adding Polkadot, Binance Coin, and YFI for trading towards the end of the month. In addition, the
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.
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
SEC Commissioner Hester Peirce asserted that a Bitcoin ETF would allow people to get exposure to the asset but didn't
The restructuring within 100x Group continues as the organization operating BitMEX has appointed a new CCO to further enhance
Another week has passed, and it’s safe to say it was an intense one. First things first, the major headline
Samuel Reed, the CTO of the popular Bitcoin derivatives exchange BitMEX, has been released on a $5 million appearance bond.
Arthur Hayes will be stepping down as the CEO of 100x - the company operating the popular cryptocurrency derivatives platform
Recent data has revealed that 45,000 bitcoins were withdrawn from BitMEX following the CFTC charges. Binance and Gemini have received
To say that a lot has happened over the past seven days would be an understatement. Starting off with Bitcoin’s