Why Real Crypto Derivative Traders Trade with BitMEX

For traders seeking to increase their ADV, we offer credit lines of up to 5 million USD. We protect your funds through a combination of cold and hot wallets, industry strength cryptography key management, and rigorous operational security measures. Derivatives are risky investment vehicles that can amply trading profits as well as losses. Yes, BitMEX mobile app and APIs are available on iOS and Android devices. The database also uses a tracker to protect the movement of private keys. They are kept in deep cold storage, along with encrypted crypto funds.

BMEX Tokens are not being offered to US Persons and are not available in the United States, sanctioned jurisdictions or in other jurisdictions as may be specified by BitMEX from time to time. Click through below to either open an account, or connect with our sales team. News, trends, insights and in-depth market analysis for all traders from Arthur Hayes. In addition to individual customer accounts, BitMEX also supports corporate accounts. Corporate clients can benefit from individualized solutions, such as 24/7 customer support, consulting, or institutional crypto strategies.

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The platform itself is similar to trading platforms used by hedge funds and institutional investors. In the early days of crypto, BitMEX established itself as the go-to Bitcoin derivatives trading platform for professional investors. This exchange made a name for itself by allowing traders to take 100x leveraged positions on bitcoin and providing a highly professional crypto-to-crypto trading experience. BitMEX pioneered Bitcoin’s perpetual futures contracts, establishing itself early as one of the leading Bitcoin derivatives trading platforms in the crypto market.

In cryptocurrency markets, these trading platforms are helping traders and investors make millions of dollars by enabling the best tools. While cryptocurrency/fiat currency pairs can be traded on Bitmex, the exchange’s base currency is Bitcoin and it does not support fiat currency deposits or withdrawals. Profit or loss on trades, regardless of which fiat or cryptocurrencies make up the pair, are also always denominated in Bitcoin. However, it has made more headlines recently due to a lack of regulatory compliance, and its founders are facing criminal charges in the U.S. for violating the Bank Secrecy Act. Regardless, BitMEX has managed to retain a leading position as a crypto derivatives exchange and an institutional-grade trading dashboard. Inexperienced investors should probably steer clear of BitMEX as its sophisticated trading dashboard and advanced financial products are likely to overwhelm new crypto buyers.

Fees and Charges

BitMEX is a leading crypto derivatives exchange that enables traders and investors to buy futures and perpetual swap contracts on a wide range of cryptocurrencies. Experienced and professional traders looking to execute crypto derivatives trading strategies will find what they need on BitMEX. What started as a margin trading platform, now also offers a spot trading platform. Despite few glitches in the past, traders still love BitMEX for it’s simplicity and transparent pricing. They also have a mobile app, that makes it easier for you to trade on the move.

Yes, your BitMEX Wallet can be used for both spot and derivatives trading. Once you’ve placed an order on our spot exchange, your account balance will immediately be reduced until the order is executed or cancelled. For informational purposes, the support team helps traders manage their different cryptocurrencies effectively. The role of the BitMEX insurance fund is critical in its success. In traditional and cryptocurrency markets, unprecedented volatility creates a stir among traders. BitMEX aims to ease this chaos by offering support with this fund.

Perpetuals Trading Fees

BitMEX and the mobile apps issued under BMEX are wholly owned and operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity or its relevant authorised affiliates. Trading in cryptocurrency derivatives involves significant risks. Please read our Terms of Service, Risk Disclosure Statement and Privacy Notice. US Persons are prohibited from accessing the services of the BitMEX trading platform.

Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. BitMEX Testnet is an independent product that needs a separate registration process. Users with a registered BitMEX.com account must also register a new account on the BitMEX Testnet.

Leverage Available on BitMEX

Trade on BitMEX Spot today to enjoy a brand new interface and trading experience, and potentially win a share of up to $1,000,000 USD worth of crypto and prizes. Here, you will find all the exact functions and features as you would on the real-time BitMEX exchange. The same credentials, as on the real BitMEX exchange, will not work. From there on, the UI is quite intuitive, provided you are well versed with the margin and derivate trading lingo. Our Relationship Managers exist to provide clients with 24/7 access, unparalleled support and connectivity.

There has been a fair amount of confusion around the bitfinex exchange review cryptocurrency exchange. A futures contract is an agreement to buy or sell a contract at a fixed price at a defined time in the future. All deposits and withdrawals are made via Bitcoin so must be made from or into your Bitcoin wallet. BitMEX doesn’t currently offer mobile app versions of the platform. Cross-margining BitMEX users can automatically realise their PnL for open positions, with the same margin currency, every 10 minutes.

Now Live: Buy, Sell, and Trade Crypto on the BitMEX Spot Exchange Now

Because account holders trade relatively anonymously on Bitmex, while significant leverage is offered, the trader must always have enough funds in their account to cover the total exposure. At the point the account’s value cannot cover a trade’s maintenance margin level, it is liquidated so the account can never end up in debt at the end of a trade. BitMEX’s main competitors include Binance, ByBit, and Huobi Global. Each of these platforms offers similar tools and features to BitMEX, and it may be worth considering if you’re interested in trading crypto.