[BitReview.io]

What is BitMEX?
BitMEX is one of the world’s biggest derivatives exchanges with a strong and secure platform. It has been active since 2014 and its place of registration is Seychelles.

Trading Volume
BitMEX has an impressive trading volume. On the date of last updating this review (2 December 2021), the exchange had a 24-hour trading volume of USD 1.5 billion according to Coinmarketcap. In comparison, the same value on 21 September 2021 was USD 3.81 billion.

Restricted Investors
US investors may not trade here, at least not today. So, if you’re an investor based in the US and you’re looking for a crypto exchange, use our Exchange Finder to find out which alternatives you have.

On 28 April 2020, BitMEX also announced that they will no longer be open to Japanese Investors.

BitMEX Corporate
In an email to its users on 23 June 2020, BitMEX introduced that they would now offer an improved offering for its corporate users, simply called “BitMEX Corporate”. The benefits of the corporate program is, according to the email, the following:
Enhanced Service: Dedicated client coverage relationship manager and access to global corporate events

Enhanced Security: Additional options for defining account access and control via authorized signatories and dedicated account management
Accounting Requirements: Clarify account ownership and domicile
Audit: Access to our Account Audit features and support
BitMEX Trading Platform
BitMEX trading platform is written in the column-store database kdb+. This is the same type of database that many banks use in their high-frequency trading platforms. Partly pursuant to this, the BitMEX platform is extremely fast and reliable. Much more so than many of its competitors, e.g. Poloniex. This is how their trading view looks:

From our perspective, the trading view makes sense. You have the diagrams in the middle, the history to the right, and the current order book to the left. It’s an easy overview. Also, this exchange’s mobile implementation is fully-fledged. The picture above is the standard setting but you can also activate the “night mode” if that is more soothing to your eyes or your experience.

Leveraged Trading
BitMEX also offers leveraged trading. On BTC, you can get leveraged a maximum 100x (on spot and futures), both when going long and going short. This can lead to massive returns but – on the contrary – also to massive losses.

For instance, let’s say that you have 10,000 USD in your trading account and bet 100 USD on BTC going long (i.e., increasing in value). You do so with 100x leverage. If BTC then increases in value with 10%, if you had only bet 100 USD, you would have earned 10 USD. As you bet 100 USD with 100x leverage, you have instead earned an additional 1,000 USD (990 USD more than if you had not leveraged your deal). On the other hand, if BTC decreases in value by 10%, you have lost 1,000 USD (990 USD more than if you had not leveraged your deal). So, as you might imagine, there is potential for a huge upside but also for huge downside…

BitMEX Fees
BitMEX’s fees consist of deposit fees, trading fees, and withdrawal fees.

Deposit fees vary depending on how you deposit.

Trading fees are 0.075% of the total order value for takers, but makers get paid 0.025% for making trades. Trading fees for makers are thus -0.025%.

Withdrawal fees correspond to the network fees (approx. 0.000051 BTC for BTC-withdrawals).

BitMEX Trading fees
Always check the trading fees! Before reading the below information it can be worth clarifying the following: what is a taker fee, and what is a maker fee? As your No. 1 trading cryptocurrency guide, we will help you with that.

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. We call makers “makers” because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own. The maker-taker model encourages market liquidity by rewarding the makers of that liquidity with a fee discount. It also results in a tighter market spread due to the increased incentive for makers to outbid each other.

BitMEX’s trading fees for takers are 0.075% which is quite standard when it comes to derivatives exchanges. BitMEX also pays you for making maker orders, meaning that they have a negative fee for makers (-0.01%). So if you make a maker order worth USD 100,000 which is picked up by a taker, you get paid USD 10 for providing the liquidity. Sure, USD 10 isn’t that much for an order of that size, but still, you get paid! We are extremely impressed by this.

It should be clarified here that BitMEX – unlike most crypto exchanges – mainly focuses on options trading. They divide their fees into the following option contract groups: perpetual contracts, traditional futures, upside profit contracts, and downside profit contracts. Here are the fees for the various contracts in the perpetual contracts category:

And here are their fees for traditional futures and quanto futures.

Finally, it might be worth mentioning that you can also receive trading fee discounts by reaching a certain trading volume during the most recent 30 days, as set out in the below table. The lowest level of fees you can have is 0.025% for takers. These fees are quite competitive, but they do require you to achieve a trading volume during the preceding 30 days of more than USD 50 million, so that fee level is surely not available for most traders.

BitMEX Withdrawal fees
OK, you have read this far and you understand the trading fees of this exchange. But wait, there’s more you need to look out for! One very important fee that people easily forget is the withdrawal fee. Let’s say you trade at a top crypto exchange with trading fees that are competitive enough. You have met your investment goals and you are looking to buy a house with bitcoin. But in order to buy the house, you need to withdraw the funds. And BAM! – the exchange can make up for its low trading fees in one fell swoop.

Well, not BitMEX. BitMEX only charges the network fee when making withdrawals. This is a very strong competitive edge in the market and really distinguishes BitMEX from most other top crypto exchanges.

Deposit Methods
BitMEX does not accept any other deposit method than cryptos. So, if you are a new crypto investor and you wish to start trading at BitMEX, you will have to purchase cryptos from another exchange first and then deposit them at BitMEX.

Traders around the world transact the equivalent of billions of USD every day on BitMEX

We’ve been at the forefront of cryptocurrency exchanges since 2016 when we launched our XBTUSD perpetual swap. Fast forward to now and it remains the most traded cryptocurrency product of all time. It changed the industry and has allowed us to continue innovating and expanding with new perpetual swaps, traditional futures, and quanto futures products.

Contributing to Our Ecosystem

We believe it’s our duty to nourish the cryptocurrency and open-source communities we rely upon. So we’re doubling down on growth, through continuous product innovation, technology advancement, and collaboration with those shaping our field in the years ahead.

 

• This topic was modified 1 year, 9 months ago by BitReview.io.
• This topic was modified 1 year, 9 months ago by BitReview.io.
• This topic was modified 1 year, 8 months ago by BitReview.io Forum.
• This topic was modified 1 year, 8 months ago by BitReview.io Forum.
• This topic was modified 1 year, 2 months ago by BitReview.io Forum.
• This topic was modified 1 year, 2 months ago by BitReview.io Forum.
• This topic was modified 1 year, 2 months ago by BitReview.io Forum.
• This topic was modified 1 year, 2 months ago by BitReview.io Forum.
• This topic was modified 1 year, 2 months ago by BitReview.io Forum.
• This topic was modified 1 year, 2 months ago by BitReview.io Forum.

[Tesh Tany]

I couldn’t access Lending, but after speaking with CS, I was able to resolve my issue.

[Andrew Aguilar]

yes, they are very supportive, I always recommend them 100%.

 

[Azex Rett]

If I say I am disappointed that will just be an understatement, I was made to go through hell in the past 6 months I tried everything I could to get my money back, but they will not let me take it out.

[Ace Bibs]

The top I’ve so far discovered. Occasionally, servers fail. But it’s works fine, so people can pick up it.

[Resten Hoky]

Although this exchange is quite huge and international, the user interface is rather complicated and not particularly user-friendly for beginners. Nevertheless, compared to most exchanges, their server is reliable.

[Neve Wade]

I agree, their site is not user-friendly at all

 

[Mallard Hong]

They look out for their clients and are very trustworthy and reliable. Sending money to the incorrect address caused a problem. I was able to retrieve my money thanks to both their excellent crew.  They’re wonderful, and I wholeheartedly recommend them.

[Conor Lyons]

Return the money I had been blocked. Permit me to leave. more than two years have passed

[Jolyon Harmon]

I’ve had a few questionable situations when it appeared that charts were being used against me. Trading View didn’t show the same movement,

 

[Capanicus]

Non-Fungible Token is referred to as NFT. It is a kind of digital asset that denotes ownership or other evidence of the authenticity of a special good or piece of material, including, but not limited to, artwork, collectibles, music, films, and virtual real estate. NFTs are often developed using blockchain technology and platforms like Ethereum. Each NFT is unique and indivisible due to its distinctive digital signature that sets it apart from other tokens. NFTs are distinct from cryptocurrencies like Bitcoin or Ethereum since they are not fungible and cannot be exchanged like-for-like.if you are looking blockchain development company then capanicus is the best option for you for more information you can visit my official website capanicus.com.

[kevinlong260]

Buy Counterfeit Australian Dollars Online – counterfeit Australian money for sale
With more than 8 years of experience behind our belts, we provide our customers with Counterfeit money for sale of unparalleled quality that unlikely to be detected as not genuine. We use the latest printing techniques to make sure the bills you order from us will pass any security checks. When shopping with us, you can rest easy knowing that you will get the best forged bills on the market that have all the security features, including watermarks, security threads, and foil elements.

We value the confidentiality of our customers, which is why personal data protection is our top priority. You can rest assured that your sensitive information won’t be used anywhere except for processing your order. What is more, we do not save it on our servers. So, if you’re looking where to buy counterfeit money for sale not putting yourself at risk, Counterfeit Printing Lab is your one-stop online store.

We utilize cutting-edge equipment, as well as unique production techniques, to ensure the highest quality of the counterfeits. Our team is made up of various IT specialists and designers who are fully qualified to deliver 100% undetectable Counterfeit banknotes that you can use anywhere.

Take your chance to change your life once and for all and get best quality counterfeit banknotes at an affordable price from Premier Bills right now. We know you deserve a better life!

Genuine Fake Australian Dollars for Sale! The best quality counterfeit bills. If you’re looking to buy fake money for a prank, gag, or just for fun, we have the stuff you need. We also have a variety of other novelty items, so be sure to check them out too!

—

What is a better way to make a living than to take someone else’s? With our counterfeit Australian dollars, you can enjoy a quick & easy way to make a profit. Great for resellers, these counterfeit bills are of the same quality as those made by the Australian government. You’ll have the time of your life with our high-quality fakes, and never worry about being caught!

—

Get your Genuine Fake Australian Dollars here. These bills are guaranteed to pass. And if they don’t, just send them back for a full refund. Free shipping, fast delivery, and the best customer service you’ll find anywhere online!

—

Genuine Fake Australian Dollars for Sale. We are your source for the best counterfeit money on the internet. We sell counterfeit bills that look like real Australian currency, but do not worry our money is fake and cannot be used in any form of

—

We are the go-to website for the best in counterfeit currency. We provide you with an affordable alternative to paying exorbitant prices for authentic bills. Whether it’s a used $5 or a crisp $100, we have it all!

how to make counterfeit Australian money
counterfeit Australian money for sale
counterfeit money Australia 2021
legit counterfeit money for sale
buy fake Australian money online
counterfeit $100 notes Australia 2020
fake $100 dollar note Australia
Buy Counterfeit Money | Undetectable Counterfeits
Counterfeit Money for Sale | Buy Counterfeit Banknotes Online
Buy counterfeit money online | where to buy counterfeit money
Buy Counterfeit Money Online | Counterfeit Money
High Quality Counterfeit Money for Sale | Buy Counterfeit
Fake bank money currencies for sale – Buy counterfeit
Buy Counterfeit Money Online
counterfeit, Buy quality undetected counterfeit money
how to buy counterfeit money – Counterfeit Money for Sale
Buy counterfeit u.s. money online china
The Complete Guide to Buy Counterfeit Australian Money Online
What is an Australian Counterfeit Bill?
counterfeit money, fake bills, fake australian money for sale

What are the Pros and Cons of Buying a Fake Australian Bill?
pros & cons of counterfeit australian money, advantages of buying fake australian money

Where to Find Ordering Details for a Fake Australian Bill Nowadays?
how to buy fake australian money online, where can you order a counterfeit bill in australia

How to Deal with Having a Fake Australian Dollar That You Bought Online?
dealing with counterfeit currency in australia, buying counterfeited currency online, best places to buy fake bills

Counterfeit money is a forgery of money and can be considered to be either high quality or low quality. The distinction between the two can be made by examining the edge of the banknote.

Ordinary counterfeit banknotes are easy to identify as they have a graphical error, such as a misaligned symbol or misspelled text. These bills are also difficult to wash as they will not fade as well as real notes, but can last up to 50 washes.

[Author]

Posts