Tag: BitMEX News

Bitcoin Mercantile Exchange, otherwise known as BitMEX is a cryptocurrency and derivatives trading platform that was founded in 2014 by Arthur Hayes, a financial professional with extensive experience trading equity index futures.

BitMEX is currently one of the largest Bitcoin margin trading platforms available, offering up to 100x leverage on Bitcoin, and up to 50x leverage on Ethereum. BitMEX does not handle fiat currency, and all contracts, including those for altcoins are bought and sold in Bitcoin.

BitMEX offers a variety of contracts, including perpetual contracts, traditional contracts and profit contracts, each of which has its own fee schedule. Since the platform is built for serious traders, it may appear daunting to those just starting to get involved with derivatives trading, however, the website features several contract guides to help ease the transition.

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