BitMEX Is A Peer-to-peer (P2P) Cryptocurrency Exchange And Professional Derivatives Trading Platform Founded By HDR Global Trading Limited And Registered In The Seychelles Under The International Business Companies Act. BitMEX Stands For Bitcoin Mercantile Exchange. The Exchange Is Mainly Suitable For High-level Investors And Experienced Traders Who Are Familiar With Leveraged Tokens And Margin Trading.
The Platform Claims That Bitcoin Stands Out From The Competition Due To Its Continuous Deep Liquidity, Professional Trading Dashboard, Low Transaction Fees And No Deposit/withdrawal Fees. BitMEX Provides Futures And Other Derivatives Trading Services, But For Beginners, The Function Of The Exchange Can Be Described As Quite Complex. Most Importantly, BitMEX Only Provides Trading Services Between Cryptocurrencies And Cryptocurrencies, And There Is No Possibility Of Depositing Fiat Currency.
According To Reports, The Bitcoin Trading Leverage Platform Has Never Been Hacked. BitMEX Claims To Store Encrypted Cryptocurrency Funds In Cold Wallets And Provides Customers With Multi-signature Wallets. The Developer Also Emphasizes That Its MPC System Strengthens The Security Of Funds In And Out Of Funds And Blocks Any Behavioral Activities Of Intruders.
Who Is The Founder Of BitMEX?
The Project Was Co-founded By Banking Experts Arthur Hayes (CEO), Samuel Reed (CTO), And Ben Delo (Chief Security Officer). Arthur Hayes Is An Entrepreneur, Derivatives Trader, And Cryptocurrency Enthusiast. Hayes Graduated From The University Of Pennsylvania (Wharton School) With A Bachelor's Degree In Economics And Finance. He Worked As A Market Maker At Deutsche Bank And Citibank And Found Himself Interested In Bitcoin In 2013 Before Joining BitMEX In 2014 And Stepping Down As The Company's CEO In 2020.
When Was Bitrue Founded?
Bitrue Was Founded In Hong Kong In 2014 And Completed Its Registration In The Seychelles. The Parent Company Of BitMEX Is HDR Global Trading Limited.
Countries That Restrict The Use Of BitMEX
This Exchange Located In The Seychelles Is Not Regulated By US Regulations, Therefore US Residents/citizens Cannot Use The Exchange's Services. In Addition, The Exchange Does Not Serve Accounts Located In Cuba, Iran, Syria, Crimea, Sevastopol, Donetsk People's Republic, Luhansk People's Republic, Kherson Oblastz (Kherson) And Zaporizhzhia Oblast (Zaporozhye), Seychelles, Bermuda, Japan, Ontario (Canada) And Quebec (Canada).
What Currencies Are Supported By BitMEX?
BitMEX Is One Of The Top Crypto Derivatives Exchanges In The World. Users Can Buy Futures/perpetual Contracts On Various Assets (such As BTC, ETH, LTC, XRP, SOL, ADA, BCH, BNB, LINK, DOT, Etc.) On This Exchange. The Derivatives Platform Also Supports More Types Of Cryptocurrencies Than The Spot Platform.
What Is The Processing Fee Of BitMEX?
The Exchange Adopts The Pending Order And Eat Order Model. The Trading Fee Of BitMEX Starts At 0.025%. Among Them, The Pending Order Fee For Spot Trading Is 0.01%, And The Eating Order Fee Is 0.075%. The Pending Order Trading Fee For Derivatives Is 0.075%, While The Eating Order Trading Will Get 0.01% Fee Rebate. BitMEX Accepts Bitcoin Deposits And Does Not Charge Withdrawal/deposit Fees.
Can Leverage Or Margin Trading Be Used On BitMEX?
The Exchange Offers Two Margin Trading Modes For Investors To Use: Position-by-position Mode And Full-position Mode. The Derivatives Trading Platform Offers Up To 100x Leverage Available For Some Products. Clients Can Use 20x To 100x Leverage Depending On The Type Of Asset. Among Them, The Maximum Leverage On BTC Provided By The Trading Platform Can Reach 1:100.
