Contrary to most, BitMEX came to life with no major funding. It all started with a casual chat between our founders Arthur Hayes, Samuel Reed, and Ben Delo, post a coding bootcamp they attended in Hong Kong back in 2014. On 24 November 2014, BitMEX – the Bitcoin Mercantile Exchange – came to life. Arthur...Read More
BitMEX is proud to share that it continues to boast a low on-chain AML risk profile thanks to substantial investments in compliance controls and cutting-edge tools like Chainalysis. Today, we can proudly say that we have continuously worked to reduce our on-chain AML risk exposure over the years, achieving the lowest risk exposure to illicit...Read More
From 22 October at 00:00 UTC, a new, simpler, and more rewarding fee structure will be implemented on BitMEX. The new structure was designed to benefit traders of all kinds on BitMEX, small and big. With the change, users will be able to access lower entry barriers to our VIP fee levels, more standardised and...Read More
Minimum Price Increments The Minimum Price Increments for the following contracts were reduced as shown below on 6 Sep 2024 at 04:00 UTC. Perpetual swap Current Minimum Price Increment (USD) Minimum Price Increment (USD) starting 6 Sep 2024 04:00:00 UTC SUIUSDT 0.001 0.0001 ARBUSDT 0.001 0.0001 BOMEUSDT 0.00001 0.000001 BLASTUSDT 0.0001 0.000001 The Minimum Price...Read More
Minimum Price Increments On 6 Sep 2024 at 04:00 UTC, the Minimum Price Increments for the following contracts will be reduced as shown below. Perpetual swap Current Minimum Price Increment (USD) Minimum Price Increment (USD) starting 6 Sep 2024 04:00:00 UTC SUIUSDT 0.001 0.0001 AXSUSD 0.01 0.001 ARBUSDT 0.001 0.0001 BOMEUSDT 0.00001 0.000001 BLASTUSDT 0.0001...Read More
Polygon, a leading Layer 2 (L2) project on Ethereum, announced that on 4 September 2024, POL will replace MATIC as the native gas and staking token for the network’s Proof of Stake (PoS) chain. BitMEX will support the migrated POL token on Polygon and deprecate its support of MATIC and POL on Ethereum (ERC-20). Given...Read More
A new listing – BANANAUSDT – the trading bot, will be available to trade on BitMEX, with up to 10x leverage. Trading is expected to commence at 04:00 UTC on 16 August 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users-...Read More
A new listing – ATHUSD – featuring Aethir, a cloud computing infrastructure platform – will be available to trade on BitMEX, and with up to 10x leverage from tomorrow. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in...Read More
In response to the U.S. Department of Justice’s decision to file a charge of Bank Secrecy Act (BSA) violation against HDR Global Trading Limited (HDR), the entity owning and operating BitMEX, we would like to share the following statement: The BSA charge is old news – this is the same charge brought in 2020 against...Read More
A new listing – ENAUSDT – featuring ENA, the governance token of Ethena will soon be available to trade on BitMEX, with up to 10x leverage. Trading is expected to commence on 2 April 2024 shortly after 12:00 UTC, once spot markets have opened. Read on for the lowdown on the latest listing. If you...Read More
On 30 April 2024, we are restricting access to users who are residents of Hong Kong S.A.R. – Hong Kong residents seeking to register on BitMEX HK will not be permitted to register or trade. Hong Kong residents will continue to be unable to register or trade on BitMEX’s global platform. In addition, we would...Read More
We are upgrading our trading technology to improve the speed and stability of our exchange. As an initial step, we have already started moving pilot users’ accounts to the upgraded system. BitMEX will gradually move all users’ trading accounts to the new system from 25 March 2024 onwards. We expect this process to take approximately...Read More
WorldCoin is soon available for trading on BitMEX via a new listing – WLDUSD, with up to 50x leverage, making this new contract one of the highest max position sizes in the industry. WLDUSD will begin trading on BitMEX on 25 July 2023 at 04:00 UTC. What is WorldCoin? The Worldcoin token (WLD) is the...Read More
This week we have joined Travel Rule Universal Solution Technology (TRUST), an industry-driven Travel Rule compliance solution for global virtual asset service providers (VASPs). In addition to the existing implementation of VerifyVASP and Notabene’s Sunrise Plan, TRUST is BitMEX’s latest initiative to further expand its Travel Rule capabilities, with the aim to enable compliance globally...Read More
Earlier this week, we enabled our new profit and loss (PnL) realisation feature – allowing cross-margining users to automatically realise their PnL for open positions, with the same margin currency, every 10 minutes. You can read about it here. Based on feedback from you, our traders, we have made additional improvements to the Open Position...Read More
BitMEX users will be able to get exposure to the anticipated Flare token from tomorrow. About the FLARE Token The Flare token (known formerly as the Spark token), has the ticker FLR. It is the native asset of the Flare network, a blockchain project that aims to bring smart contract functionality to crypto assets, issued...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
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
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
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
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
Six years ago today, Vitalik Buterin and Dr. Gavin Wood introduced Ethereum to the world. With average daily transactions at more than one million and the second largest market cap, Ethereum has changed crypto forever. While we have a soft spot for bitcoin, we also love ETH and appreciate the role it plays in the...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
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
BitMEX’s Summer of Listings is far from over with the introduction of the VETUSDT Quanto Perpetual Contract. VETUSDT comes hot on the heels of the recently listed SOLUSDT Perpetual Swap, FILUSDT Perpetual Swap, and the introduction of the XBTEUR Perpetual Swap and Futures contracts. With up to 20x leverage available, the VETUSDT Perpetual Swap contract...Read More
It’s difficult to overstate the importance of information security for a platform like BitMEX. Traders trust us because of our track record on security – we have never lost a single Satoshi through intrusion or hacking. But security is never a static process and in order to continue to set the bar as high as...Read More