This Hong Kong-based Cryptocurrency exchange founded by Arthur Hayes in 2014 is one of the leading exchanges used by advanced crypto traders. These advanced crypto traders desire to enhance their purchasing power so that they can get bigger and faster profits. The Bitmex exchange offers this to them on a platter of gold with an added advantage of giving room for eight different Cryptocurrencies, including the long and the short. It is easy for users to sign up into Bitmex, and yet the platform has top-notch security measures put intact.
Bitmex, however, does not support the use of fiat currencies, but yet users can short sell on this platform. It would interest you to know that Bitmex offers its user’s special leverages contracts. Instead of owning the coin, you can buy these leverages contracts. Special leverages contracts in Bitmex include the future contract and the perpetual contract.
For US-based cryptocurrency traders, it is quite unfortunate that they cannot make use of this exchange. It is not available in the United States as a result of the local laws in the State. Bitmex official websites can be assessed in the English language, Chinese, Japanese, Russian, and Korean. The official websites of the exchange contain a list of Bitmex fees for the leveraged contracts. There are three zones for the trading interface of Bitmex. The three trading zones are the setting orders zone, the tools zone, and the analytical zone.
At the moment, Bitmex does not have an app, but it can be easily downloaded from any browser. Unlike some exchanges in the industry, you do not even need to download software. Bitmex is easy to access, and in regards to security, there are several processes involved in the exchange that helps to secure the funds and the transactions of its users. Individual security protocols are in place for the security of the exchange engines.
