100x Group is the holding structure behind BitMEX, one of the largest crypto derivatives platforms in the world. The story of BitMEX is the story of crypto itself – the optimistic, visionary beginning, the explosion in popularity, the challenges, and ultimately, evolution as crypto is increasingly adopted by institutions and individuals alike. We’re seeking the...Read More
Today, we mark the first anniversary of our partnership with the Shadowserver Foundation, the leading non-profit provider of cybersecurity data and services. We are a strong advocate of internet security and we are proud to continue to support Shadowserver in its efforts to stop cybercrime. For 15 years, Shadowserver has protected internet users from malicious activity...Read More
It’s our duty to provide markets that command liquidity for our users – and at times, that means we need to allow some contracts to expire and not be renewed. We call this ‘sunsetting’, and in the coming Q3 Futures listing, we will sunset the LINKUSDT Quanto Futures after its regular June expiry at 12:00...Read More
As the perpetual swap turns five, we’re introducing five exciting reward programs for our new and existing users. Over the next 10 days, we’re giving away more than a quarter of a million US dollars to celebrate the fifth anniversary of BitMEX’s invention of the Perpetual Swap. Details below, but here’s the TL;DR version –...Read More
Today, we announced that we are changing the Lot Size, or minimum trading unit, on our popular XBTUSD Swap and XBT futures (XBTM21 and XBTU21) from 1 contract to 100 contracts, effective 04:30 UTC on 8 June 2021. We expect a 10-second pause in trading starting at 04:30 UTC on 8 June 2021 to apply...Read More
We are making it easier and more intuitive to trade on BitMEX by changing the Lot Size, or minimum trading unit, on our popular XBTUSD Swap and XBT futures (XBTM21 and XBTU21) from 1 contract to 100 contracts, effective 04:30 UTC on 8 June 2021. We ask that traders adjust their positions, strategies, and...Read More
We’re not saying that our engineering team relies solely on Crypto Twitter for guidance on prioritising platform development work, but it’s been impossible to ignore the ‘BitMEX Order Submission Error’ meme that has been posted pretty much every time we’ve put our heads above the parapet over the last few years. Being the first to...Read More
We’re driven to provide markets for products that command liquidity and matter the most for our users, so, we’re launching the BNBUSDT Perpetual Swap contract with up to 50x leverage at 04:00 UTC on 20 May 2021. The BNBUSDT Swap adds to our ever-growing product offering. Just this year, we’ve added 7 Altcoin Perps, including...Read More
Five years ago, BitMEX introduced the perpetual swap to the world, changing crypto trading forever. Today, we’re celebrating this milestone by updating our margin requirements and increasing available leverage on our ETHUSD Swap to 100x. We’ve always been committed to innovating responsibly, and for us that means putting in robust controls for all our contracts...Read More
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
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
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
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
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
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
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
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
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
Our Customer Service team has responded to a number of questions recently on our withdrawal process, not least in light of temporary freezes on some other exchanges. Trading safely and securely on a platform performing exceptionally well is one thing, but users want to know that they can withdraw funds seamlessly too. Our process remains...Read More
It’s very important to us to list the assets that command liquidity and matter most to our users – even if that means a slight change of plans. Outside of the list of Altcoin Perpetual Swaps previously announced, we will also launch a TRXUSDT perpetual swap contract with up to 33x leverage at 04:00 UTC...Read More
We’ve always risen above the competition when it comes to margin requirements for trades both large and small. But we’ve never stopped looking at how to improve, so we’ve decided to increase risk limits on our popular XBT futures contracts (XBTH21, XBTM21, and XBTU21) from 50 to 75 XBT to provide users with even more...Read More
On 26 March 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 26 March 2021 at 12:00:05 UTC, assuming no constituent exchanges have been excluded due to Index Protection Rules, BitMEX...Read More
It’s our pleasure to announce the appointment of Stephan Lutz as Chief Financial Officer of 100x Group, the holding structure for the BitMEX platform. Stephan, who will take up his role in May 2021, will direct our financial growth, expansion, and profitability, reporting to 100x Group CEO Alex Höptner. Stephan brings considerable experience to the...Read More
One of our biggest responsibilities is making sure we provide markets for products that command liquidity and reflect the preferences of our user base. This sometimes requires us to allow some contracts to ‘sunset’ – in other words, allowed to expire and not be renewed. With this in mind, the ADAUSDT, BNBUSDT, DOTUSDT, EOSUSDT, XTZUSDT,...Read More
Trading volume on BitMEX eclipsed the equivalent of USD$1 trillion over the past 365 days as we recorded two of the highest trading by volume months in our history in January and February 2021. This milestone follows the completion of our User Verification Programme in December, making the BitMEX platform the largest cryptocurrency derivatives exchange...Read More
BitMEX Testnet is a great environment to test trading strategies without using real funds. As part of regular housekeeping and to align with contracts listed on the BitMEX platform, we will delist and settle the XBTJPY and XBTKRW contracts on Testnet on 26 February 2021 at 12:00 UTC. For those who are interested in how...Read More
You asked and we’re answering. We’re introducing six new Altcoin/USDT quanto perpetual contracts to the BitMEX platform in March as we expand our product offering and list perpetual swaps for our users’ favourite coins. These will be: Cardano (ADA) Polkadot (DOT) EOS yearn.finance (YFI) Uniswap (UNI) Stellar Lumens (XLM) The contracts will be launched in...Read More
While XBT soars to all-time highs and volumes spike, we’ve observed excellent trading performance from the BitMEX platform. A big part of the success so far is thanks to the hard work of our engineering team – they’ve pulled long days, nights, and weekends over the past months to ensure the platform runs smoothly when...Read More
