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
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
We could go on for days about how NFTs are a unique fusion of art, technology, and investment, but let’s face it. When push comes to shove, it’s all about the flex. So we’ve decided to launch our first-ever NFTs, giving BitMEX traders the chance to take home a piece of virtual swag. Think of...Read More
On 24 September 2021 12:00:05 UTC BitMEX will update its index weights. From today, the hypothetical values of the indices with the new weights will be published as the “NEXT” index family (Eg .BXBT_NEXT). As of 24 September 2021 at 12:00:05 UTC, assuming no constituent exchanges have been excluded due to Index Protection Rules, BitMEX...Read More
A message from Alex Höptner, CEO of BitMEX I’ve long believed that BitMEX would need to shift its commercial strategy as the market evolved. Last week, to give even more value to customers, we restructured our fees, lowering the BitMEX Taker Fee from 7.5bps (0.075%) to 5bps (0.05%) on all products. We also adjusted the...Read More
Another week and another significant step forward in our transformation plan. We’re delighted to announce the appointment of Fernando Luis Vazquez Cao as a Non-Executive Director with immediate effect. A 20-year veteran of the technology and financial services sectors in Asia Pacific, Fernando is currently CEO of digital asset powerhouse SBI Digital Asset Holdings. With...Read More
As part of our ongoing efforts to provide an even better trading experience for our users, we will be reducing the Base Initial Margin and Base Maintenance Margin requirements and increasing the available leverage for our BCHUSD, LTCUSD, TRXUSDT, and SOLUSDT quanto swaps. This change will take place on 1 September at 04:00 UTC. The...Read More
As we continue to provide new opportunities for our traders, we will be reducing margin requirements and increasing the available leverage on our BCHUSD, LTCUSD, TRXUSDT, and SOLUSDT Quanto Perpetual Swaps to 50x on 1 September at 04:00 UTC. For the full technical details of this update, read here. Should you have any questions, please...Read More
On 15 September 2021 at 04:00 UTC, we will list new quarterly Futures on BitMEX. The new contracts will be visible on the platform from 14 September at 04:00 UTC as Unlisted, 24 hours before the start of trading. Contracts will be live in Testnet on 3 September along with contract specifications. To provide a...Read More
We will increase the risk step on our XBTUSD Swap, ETHUSD Swap, and ADAU21, EOSU21, TRXU21 and XRPU21 Futures as detailed below, effective 31 August 2021 at 06:00 UTC. The XBTUSD Swap Risk Step will increase from 100 to 150 XBT The ETHUSD Swap Risk Step will increase from 75 to 100 XBT The ADAU21,...Read More
We adjusted our pricing model to become the most cost efficient crypto derivatives exchange, introducing pricing changes worth USD 1.4bn in net present value. We’ve lowered the BitMEX Taker Fee to 0.05% and adjusted the Maker Rebate to 0.01% across our platform. Us… and Them Changing our fee structure places BitMEX ahead of others in...Read More
Effective 31 August 2021 at 08:00 UTC, we will remove Binance from our .BXBTEUR index. This follows Binance’s decision to suspend euro bank deposits from one of Europe’s key payments networks, resulting in a price premium on its platform relative to other index constituents. All traders should be aware that at the time of the...Read More
100x Ventures is tasked with investing in innovative, emerging platforms that elevate and add value to our growing industry. That’s why earlier this year, we led a seed equity round in Aluna.Social, an up-and-coming social trading terminal that provides a unique, gamified copy-trading experience. Now, we’re happy to announce that we’ve made a significant second...Read More
Introducing our newest listing – the SRMUSDT Quanto Perpetual Swap. With up to 20x leverage available, the SRMUSDT Perpetual Swap contract went live at 04:00 UTC on 24 August and is available to trade on BitMEX now. It’s a great time to be on BitMEX, with excellent platform performance alongside top tier liquidity and security....Read More
Effective 18 August at 00:00 UTC, the BitMEX Taker Fee will be lowered from 7.5bps (0.075%) to 5bps (0.05%) on all BitMEX products. Meanwhile, the Maker Rebate will be adjusted from 2.5bps (0.025%) to 1bp (0.01%) across BitMEX. Lower Taker Fees will apply to traders who qualify for higher tiers by reaching volume thresholds calculated...Read More
(Please click here to read a blog by CEO Alex Höptner regarding the resolution) BitMEX has today confirmed that it has reached a resolution with both the United States Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) in relation to investigations by both agencies. BitMEX agreed to pay as much as US$100...Read More
Today, we are thrilled to announce our multi-year partnership with world-renowned football club AC Milan. This will make BitMEX AC Milan’s first-ever Official Sleeve Partner and the Official Cryptocurrency Trading Partner of the Rossoneri. Our sponsorship extends to both the men’s and women’s teams, as well as the Rossoneri’s eSports team – AQM. The BitMEX...Read More
Introducing our newest listing – the AXSUSDT Quanto Perpetual Swap. With up to 20x leverage available, the AXSUSDT Perpetual Swap contract went live at 04:00 UTC on 10 August 2021 and is available to trade on BitMEX now. It’s a great time to be on BitMEX, with excellent platform performance alongside top tier liquidity and...Read More
Ethereum will undergo the scheduled London Hard Fork on 5 August 2021. Three BitMEX contracts (ETHUSD, ETHUSDU21 and ETHU21) and two BitMEX indices (.BETH and .BETHXBT) will be impacted and these markets will be open during the fork. Impact on the BitMEX Indices The BitMEX .BETH and .BETHXBT indices are currently constructed using the following...Read More
(A message from Malcolm Wright, Chief Compliance Officer at BitMEX) I’m very glad to report Chainalysis has revised its risk assessment of BitMEX, removing the ‘high risk’ label it had held in place for less than a year. This followed an internal review of the criteria for the High Risk Exchange category by Chainalysis. The...Read More
Earlier this year, we successfully launched our official BitMEX Partner Programme. Today, we are thrilled to announce phase two of the programme with the addition of 17 new firms into the BitMEX ecosystem. As official partners, they will offer their services to our users, and also be rewarded based on the activity they refer to...Read More
100x Ventures, the ventures arm of BitMEX and 100x Group, is pleased to announce a significant investment in Cryptense, the company behind crypto trading automation platform Kryll.io. Kryll.io is a growing, highly advanced platform that allows users to pursue automated trading strategies on a number of crypto exchanges. The investment will entail increased collaboration between...Read More
Please note that the previously announced platform downtime originally scheduled for 29 July has been postponed to 12 August at 02:15 UTC. During this time, we will temporarily halt trading on the BitMEX platform to facilitate a major upgrade to our operating system. From this time, any order actions will be rejected. Deposits made will...Read More
The listings continue with the introduction of the SUSHIUSDT Quanto Perpetual Swap. With up to 33x leverage available, the SUSHI Perpetual Swap contract went live at 04:00 UTC on 21 July 2021 and is available to trade on BitMEX now. It’s a great time to be on BitMEX, with excellent platform performance alongside top tier...Read More
Our mission is to give our users the most relevant – and innovative – products to trade. And we’re continuing to bring new contracts in the market for users to get exposure to their favourite coins. Now, we’re taking it one step further by listing the BitMEX Basket Indices – covering both the Altcoin (.BALTMEX)...Read More
Zero is a great number – especially when it comes to trading fees. Now, for the next month only, we’re pleased to extend a special offer to all BitMEX traders – ZERO taker and maker fees on all our XBTEUR contracts. This is something you won’t find anywhere else, and it’s here for a limited...Read More
As we continue to enhance the BitMEX platform for our users, we will be facilitating a major upgrade to our operating system that will temporarily halt trading in our Testnet environment on Thursday, 15 July at 02:15 UTC, and our production (Mainnet) environment on Thursday, 29 July at 02:15 UTC. From this time in each...Read More
Another week, another listing on BitMEX. This time, we’re introducing the AAVEUSDT Quanto Perpetual Swap. With up to 33x leverage available, the AAVEUSDT Perpetual Swap contract will go live at 04:00 UTC on 14 July 2021. The contract is already available to trade on Testnet now. It’s a great time to be on BitMEX, with...Read More
Brian Rankin has been promoted to the role of Chief Information Security Officer as we make good on our commitment to protect customers and stakeholders. In his new role, Brian will continue to build a world class team that can protect our information assets from the growing threat from a range of malicious actors. “The...Read More
It’s fair to say that our decision to implement comprehensive know-your-customer (KYC) last year was one of the most consequential decisions in our company’s history. Six months on, with the benefit of hindsight, we also think it was one of the best decisions for our long-term future. Here’s why. To put things in perspective, let’s...Read More