On 14 May 2021 at 06:00 UTC, we reduced the Base Initial Margin and Base Maintenance Margin requirements for our ETHUSD quanto swap. The current Base Initial Margin and Base Maintenance Margin requirements for our products can be found here. These changes are a part of our ongoing efforts to bring our users an even...Read More
On 13 May 2016, a new product was announced in a short post on the BitMEX Blog. It described what came to be known as the XBTUSD perpetual swap. Though no one knew it at the time, this would come to change crypto – and finance in general – forever. All great innovations solve a...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.) “I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face...Read More
Today, we’re delighted to announce that Lawrence Linker has been appointed to run the BitMEX Academy. Acting as “Provost”, Lawrence will lead the development of Academy content and convene a team to help deliver it. He was previously Chief of Staff to the BitMEX CEO and, prior to joining us, founded his own Singapore-based MBA...Read More
Abstract: We evaluate the theory behind the new Ethereum transaction fee mechanism, EIP-1559. Under the new model there are two elements to the transaction fee, a base fee which is burned, and a tip, which is allocated to block producers. The base fee is determined by the allocation of scarce block space to users, while...Read More
Our roster of partners is growing fast, and this is one our users will definitely want to take advantage of. Tardis.dev, a provider of the most comprehensive and granular cryptocurrency market data products in the industry, has officially joined the BitMEX Partners Programme. Accurate, complete, historical market data are a trader’s best friend and are...Read More
Chapter 8 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...Read More
Never underestimate the power of a great partnership. We’re proud to announce that 3Commas, a leading automated trading platform, has joined the BitMEX Partners Programme. As part of the partnership celebration, the BitMEX and 3Commas teams are excited to unveil exclusive privileges for users. Effective today: Current BitMEX users who create a new 3Commas account...Read More
Chapter 7 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...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.) Being right is great, but the true trading legends are right and then continue holding their positions until they...Read More
Today, we’re proud to announce that we are officially launching the BitMEX Partner Programme to more intently focus on expanding the robust network of firms within our ecosystem. Through the programme, we’ll connect our users with trusted tools that will enhance their trading experience while rewarding partners themselves with incentives based on the activity they...Read More
We’re always looking to unlock more value for traders. Today, we’re pleased to announce an increase in the risk limits on our ETHUSD swap – a small but mighty change that will make it even more capital efficient to maintain positions of 50 XBT or more on the product. The increase in the ETHUSD swap...Read More
Chapter 6 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...Read More
Maintaining a fair and orderly trading environment for our users is very important to us, and we’re always thinking about how we can improve further. As part of this effort we’ve decided to make two technical but important updates to the Impact Notional and % Fair Basis update methodology, which are two factors related to...Read More
A message from Alexander Höptner, CEO of 100x Group The story of BitMEX closely mirrors the story of crypto itself – the optimistic, visionary beginning, the explosion in popularity, the challenges, and ultimately, transformation as crypto becomes part of the fabric of our daily lives. BitMEX was established in 2014 to bring something from the...Read More
At 04:20 UTC on 20 April 2021, we reduced the threshold used to detect spam orders from 0.01 XBT to 0.0001 XBT. After this change, accounts with too many open orders with a value less than this threshold will be considered a Spam Account. For more information on how such accounts are affected, please see...Read More
This weekend’s market moves saw Bitcoin as well as the majority of the top ten cryptocurrencies by market capitalisation dip in price by 10 percent or more, with record trading and some exchanges experiencing technical difficulties. In past years, as we’ve scaled, overloads in busy periods have been a particularly frustrating issue for our users....Read More
UPDATE: At 04:45 UTC on 20 April 2021, Binance was reintroduced to the BitMEX indices. Effective 20 April 2021 at 02:00 UTC, BitMEX will temporarily remove Binance from its indices in response to Binance’s scheduled downtime, which was announced earlier today. Scheduled downtime on Binance is expected to last for 2 hours and will affect...Read More
Chapter 5 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...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.) Humanity’s struggle to locate the easy button permeates all aspects of our existence. In the context of the financial...Read More
Chapter 4 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...Read More
Chapter 3 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...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.) I am an arbitrage trader at heart. In May 2013 brimming with my experience as a delta one trader,...Read More
We’ve been steadily enhancing our compliance programme as the crypto derivatives sector evolves. The latest step comes in the form of a new partnership with Kharon, a research and data analytics company, to strengthen our customer due diligence process and enhance screening for OFAC-sanctioned entities and other related parties. In doing so, we are making...Read More
We’re continuously enhancing our trading engine to maintain the BitMEX platform’s excellent performance. As part of our latest initiative to facilitate a major upgrade to our system architecture, we will temporarily halt trading in our Testnet environment on Thursday, 1 April at 02:15 UTC, and our production (Mainnet) environment on Thursday, 8 April at 02:15...Read More
Chapter 2 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...Read More
Chapter 1 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...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.) I became an avid cyclist after the onset of COVID. I try to ride twice a week for 40...Read More
We’re very pleased to announce the imminent launch of Bech32 deposits across the BitMEX platform, boosting efficiency and deepening our integration with the latest Bitcoin address format. In the coming weeks, we will begin to issue Bech32 addresses to all new BitMEX users and migrate current users to new addresses in phases as soon as...Read More
We are delighted to announce the publication of a new book by BitMEX Research. The book covers the major twists and turns of Bitcoin’s blocksize war, which raged on inside the Bitcoin space for over two years, from mid 2015 to late 2017. The book is available on Amazon now. Book Synopsis The book covers...Read More