On 26 Jan 2021 at 04:00 UTC, we will be introducing three new BitMEX basket indices – .BALTMEXT (10 altcoins vs. USDT), .BDEFIMEXT (10 DeFi coins vs. USDT), and .BMETAMEXT (five metaverse coins vs. USDT). The .BALTMEXT index consists of 10 coins: BNB, SOL, ADA, XRP, DOT, LUNA, DOGE, AVAX, MATIC, and LTC. The .BDEFIMEXT...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Dump-eve 8:00 PM Scanning the horizon, you giddily observe the accumulation of snowflakes. The forecast calls for DUMP. And...Read More
We are delighted to welcome Bill Beller as Head of Trading, effective 1 January. Bill is in charge of spearheading the company’s trading strategies and expanding our trading team and its capabilities. Prior to joining us, Bill was Managing Director at Greenville Advisory for nearly five years, where he helped FinTech start-ups launch crypto exchange...Read More
The BitMEX ecosystem has evolved again with the eagerly-awaited launch of CONVERT. From today onwards, you can use our Crypto Converter to convert Bitcoin into Tether (ERC-20) – and vice versa – with more coin conversions to be introduced soon. CONVERT your crypto here, or read on to learn more. Why Use Our Crypto Converter?...Read More
It’s never been easier to earn interest on Bitcoin. From today onwards, you can earn up to a 6% annual percentage rate (APR) on Bitcoin with BitMEX EARN. And for a limited time, high-volume BitMEX traders will get the chance to reap even higher returns.Fully backed by our insurance fund, one of the largest in...Read More
BXM Operations AG, a company founded by our CEO Alexander Höptner and CFO Stephan Lutz, has announced plans to purchase Bankhaus von der Heydt, a bank located in Munich, Germany. The deal is subject to approval by BaFin, the German financial services regulatory authority. BitMEX Group is pursuing the ambitious goal of establishing a one-stop...Read More
We’re excited to welcome another major addition to our leadership team: Raphael Polansky. As Chief Operating Officer, Raphael is in charge of managing our operations and infrastructure, driving business growth and market expansion, and transforming BitMEX into a full crypto investment ecosystem. Raphael reports directly to our CEO, Alexander Höptner. Prior to joining BitMEX, Raphael...Read More
We are pleased to welcome Marcus Hughes to the BitMEX team as our new Chief Risk Officer (CRO). As CRO, Marcus will serve on the executive board, with responsibility for BitMEX’s Regulatory Affairs, Risk, Legal, and Compliance functions, reporting directly to our CEO, Alexander Höptner.Marcus will guide our legal strategy, lead engagement with regulators and...Read More
Fans of the metaverse – look no further. We’ve just listed four linear perpetual swaps, which are settled and margined in USDT.This is the first time MANA and SAND perpetual swaps have been listed on BitMEX.Please see below the details of the new contracts available. Contract Contract Type Contract Size Max Order Quantity Lot Size...Read More
As of January 1 Ivo Sauter has been appointed as Chief Executive Officer (CEO) of BitMEX Link, owner and operator of an innovative 24/7 crypto brokerage featuring spot, structured products, and OTC trading. He will be based in Switzerland, home to BitMEX Link’s offices in Zug and Zurich. Prior to joining BitMEX Link, Ivo was...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)One of the most destructive mental constructs to the health of your financial portfolio is measuring yearly arithmetic returns. The...Read More
We’re happy to announce that we’ve teamed up with Tokeny to launch our highly-awaited BMEX token. Tokeny is a global leader in the tokenisation space, and supported us with its technical expertise and guidance throughout the development phase of BMEX in 2021. We’re also working closely with Tokeny to streamline the rollout of the token’s...Read More
Today, we’re pleased to announce that we have enlisted Fireblocks, the leading digital asset custody, transfer, and settlement platform, to propel the development of our upcoming product offerings. As part of our ‘beyond derivatives’ transformation, BitMEX will be expanding our offerings to include Spot, Brokerage, Custody, Information Products, and Academy. In the coming weeks, Fireblocks...Read More
On 20 October 2021 at 04:00 UTC, we listed our new monthly XBT futures on BitMEX. Please see the table below for the listing and settlement dates of current futures contracts. Code Pair Listing Date Settlement Date XBTV21 Bitcoin / USD 23 September 2021 29 October 2021 XBTX21 Bitcoin / USD 20 October 2021 26...Read More
To further reconcile contract naming conventions on BitMEX, we will list four new AXSUSD, EOSUSD, LINKUSD, and SOLUSD Perpetual Swaps on 20 October 2021 at 04:00 UTC and conduct early settlement of the current AXSUSDT, EOSUSDT, LINKUSDT, SOLUSDT, AAVEUSDT, MATICUSDT, SRMUSDT, SUSHIUSDT, TRXUSDT, UNIUSDT, VETUSDT, and XLMUSDT perps on 2 November 2021 at 12:00 UTC. ...Read More
Do not be led astray by the siren songs of capricious harpies – for these creatures wish to infect the faithful with FUD in service to their master. These slimy serpents slither and yearn to surreptitiously slip allegiance to their false gods into our consciousness. Why do such malicious beings exist? Why … because they...Read More
Effective 19 October 2021 at 08:00 UTC, we will remove LBank from our .BETHXBT index. This is due to the persistent irregular price premium relative to other index constituents. All traders should be aware that at the time of the removal, the price of the index may fluctuate substantially. Please exercise caution when trading products...Read More
Abstract: We examine the idea of outsourcing stake to third party validators in the Proof of Stake process, which potentially decouples the coin holders from the consensus agents. We explain why such services are likely to be popular due to some attractive advantages for users, such as the issuance of tokens and higher yields. We...Read More
Faced with an inherently unequal financial system, those who have the most to lose by continuing the status quo are acting in their self-interest to explore alternative options like Bitcoin. A message from Alexander Höptner, CEO of BitMEX Last month, something extraordinary happened – El Salvador became the first country to make Bitcoin legal tender....Read More
Today, we listed new linear perpetual swaps and futures in Testnet which are margined and settled in USDT. They are live in Testnet now – and full functionality for USDT trading will launch in November. To allow users to prepare for and test trading strategies for the full launch, each USDT deposit address created in...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Looking back on recorded human history, it becomes apparent how much luck played in the circumstances of our modern...Read More
BitMEX is delighted to announce that the company will be providing funding to translate Bitcoin content into some key African languages. The company will provide funding of at least US$1,500 to Exonumia, a South African based non-profit organisation, dedicated to translating Bitcoin content. The organisation is run by Kgothatso Ngako (@440UrPp), who is based in...Read More
Do you have fresh powder? You better hope so, because the AVAX perp is now on BitMEX. With up to 20x leverage available, the AVAXUSD Perpetual Swap contract went live at 04:00 UTC on 29 September and is available to trade on BitMEX now. It’s a great time to join BitMEX, with excellent platform performance...Read More
To reconcile contract naming conventions on the platform, BitMEX will list four new ADAUSD, BNBUSD, DOGEUSD, and DOTUSD Perpetual Swaps on 29 September 2021 at 04:00 UTC and conduct early settlement of the current ADAUSDT, BNBUSDT, DOGEUSDT, DOTUSDT, and FILUSDT perps on 13 October 2021 at 12:00 UTC. This will be an ongoing process; we...Read More
BitMEX is delighted to announce that we have awarded two new open source Bitcoin developer grants to Rene Pickhardt and Chris Coverdale. The grant program for 2021 is now closed. Rene and Chris have each been provided with an eight month grant, US$33,333 of committed funding each, until May 2022. This is equivalent to a...Read More
On 23 September 2021 at 04:00 UTC, we listed our new monthly XBT futures on BitMEX. Please see the table below for the listing and settlement dates of current futures contracts. Code Pair Listing Date Settlement Date XBTU21 Bitcoin / USD 12 March 2021 24 September 2021 XBTV21 Bitcoin / USD 23 September 2021 29...Read More
If you’ve been paying attention to crypto markets at all this year, you’re bound to have heard of LUNA. Its meteoric rise in 2021 has made it one of the year’s most sought-after assets – and now, you can trade the LUNAUSD Quanto Perpetual Swap right here on BitMEX. With up to 20x leverage available,...Read More
With the introduction of new local regulatory requirements in South Korea on 24 September 2021, BitMEX is removing Korean language materials from its website and trading platform. All other services will remain unaffected. We fully support the efforts of regulators to help establish standards for cryptocurrency products that will underpin the advancement of this rapidly...Read More
A message from Alexander Höptner, CEO of BitMEX Reader beware: the following piece contains unpopular opinions, but it will make you think. It’s such an interesting time to be in the crypto world. It’s a true meritocracy – the market identifies the most effective technology, the most creative applications, and the best ideas. Zoom out,...Read More
On 24 September 2021 at 12:00:05 UTC BitMEX will update the Index Multipliers of basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as with the previous Index Multipliers. Please refer to the index page for the actual Index...Read More
