Bitmex Review – Company
BitMEX – Bitcoin Mercantile Exchange is an advanced cryptocurrency derivative trading platform. BitMEX is owned by HDR Global Trading Limited. That is a Republic of Seychelles incorporated entity.
Bitmex Review – Summary
- Deposit/Withdraw: BTC, LTC, ETH
- Country: Republic of Seychelles
- Currencies: Bitcoin, Litecoin, Ethereum
- Secure: Cold storage
- Platform: Good and many functions.
- Pros: High leverage–
- Cons: For professional traders.
- Our recommendation: Good for future trading with high leverage.
Bitmex Review – Services
Bitmex offers trading futures with leverage. This investment method involves high risk and we highly recommend you to know what you do before you start trading futures with leverage.
Bitmex Review – Fees
Available trading pairs are BTC/USD, LTC/BTC, LTC/USD, DASH/BTC and DASH/USD. Bitmex platform gives you the opportunity to trade with up 100x leverage. Bitmex offers XLT which is the only Litecoin future settled in Bitcoin. Trade with up to 15x leverage. Bitmex has the first and only Ethereum future The Ethereum future trades with up to 5x leverage.
Our opinion
We have not used Bitmex yet. We will update.
General
Some people complain about the platform being too technical. As we earlier said to invest in this kind of investments, you must know what you are doing. That is nothing for the non-experienced investor.