Authoritative cryptocurrency navigation to safely master BTC, ETH and other mainstream digital assets.

BitMEX

https://www.bitmex.com

About BitMEX

What is BitMEX?

BitMEX is a peer-to-peer (P2P) cryptocurrency exchange and specialist derivatives trading platform founded by HDR Global trading Limited and registered in the Seychelles under the International Business Companies Act.BitMEX stands for BitMEX stands for Bitcoin Mercantile Exchange. The exchange is intended for sophisticated investors and traders familiar with leveraged tokens and margin trading. BitMEX offers futures and other derivatives trading services, but the exchange's features can be quite complex for beginners. Most importantly, BitMEX only offers cryptocurrency-to-cryptocurrency trading services, and there is no possibility to deposit in fiat currency. BitMEX claims that it stores encrypted cryptocurrency funds in cold wallets and provides customers with multi-signature wallets. The developer also emphasizes that its MPC system enhances the security of access to funds and blocks any behavioral activity by intruders.

Who are the founders of BitMEX?

The project was founded by banking industry experts Arthur Hayes (CEO), Samuel Reed (CTO), and Ben Delo (CISO). B.A. in Economics and Finance. He worked as a market maker at Deutsche Bank and Citibank before finding his interest in Bitcoin in 2013 and then joining BitMEX in 2014, stepping down as CEO of the company in 2020.

When was Bitrue founded?

Bitrue was founded in Hong Kong in 2014 and is registered in the Seychelles, where BitMEX's parent company is HDR Global Trading Limited.

Countries with restricted access to BitMEX

The Seychelles-based exchange is not regulated by US regulations, so US residents/citizens do not have access to the exchange's services. In addition, the exchange does not provide access to the services of BitMEX. In addition, the exchange does not serve accounts in Cuba, Iran, Syria, Crimea, Sevastopol, Donetsk People's Republic, Luhansk People's Republic, Kherson Oblastz (Kherson) and Zaporizhzhia Oblast (Zaporizhia), Seychelles, Bermuda, Japan, Ontario (Canada), and Quebec (Canada). accounts are served.

What coins does BitMEX support?

BitMEX is one of the world's top crypto derivatives exchanges where users can purchase futures/permanent contracts on a variety of assets (e.g. BTC, ETH, LTC, XRP, SOL, ADA, BCH, BNB, LINK, DOT, etc.). The derivatives platform also supports a larger variety of cryptocurrencies than the spot platform.

What are the fees for BitMEX?

The exchange uses a pending order and an order taking model. trading fees on BitMEX start at 0.025%. The pending order fee for spot trades is 0.01% and the order taking fee is 0.075%. BitMEX accepts bitcoin deposits and does not charge withdrawal/deposit fees.

Can I trade with leverage or margin on BitMEX?

The exchange offers two margin trading models for investors to use: position-by-position and full position. The derivatives trading platform offers leverage of up to 100x for some products. Depending on the asset type, clients can use 20x to 100x leverage. Among others, the trading platform offers leverage up to 1:100 on BTC.