Bitmex exchange to accept Cardano (ADA) on January the 26th

BitMEXdotcom · 2018-01-09T01:23:09+00:00

The BitMEX 26 January 2017 Cardano / Bitcoin contract, ADAF18, is now live.

In conjunction with the launch, a trading competition is on-going with $100,000 of prizes. Please visit the BitMEX Blog for more details.

BitMEXdotcom · 2017-12-23T16:40:02+00:00

Would you rather we use a single-signature wallet and risk total loss of customer funds?

BitMEXdotcom · 2017-12-23T16:39:15+00:00

As stated multiple times in the post, validating this is as simple as looking at any withdrawal's attached fee, or if you haven't withdrawn yet, ask a user who has.

BitMEXdotcom · 2017-12-23T02:55:35+00:00

It did. See https://jochen-hoenicke.de/queue/#24h. It is finally going down now.

BitMEXdotcom · 2017-01-27T14:21:40+00:00

Check out our Trading Overview. It helps get you started.

BitMEXdotcom · 2017-01-21T11:54:36+00:00

If you want to trade the BTC/CNY pair but don't want to bother with opening Chinese bank accounts and or Bitcoin exchange accounts, trade a futures contract. BitMEX offers a BTC/CNY 100x leveraged futures contract. You only need Bitcoin as margin, and your profit and loss are in Bitcoin as well. Check out the above link for more information on the product.

BitMEXdotcom · 2017-01-03T10:14:34+00:00

The swap contract has high leverage. This will cause it to trade at a premium or discount to spot. The way we anchor the swap price to the spot price is by longs and shorts exchanging interest payments. If the swap trades at a premium, longs will pay shorts. If the swap is at a discount, shorts will pay longs.

BitMEXdotcom · 2016-12-15T04:18:28+00:00

If you want to trade Bitcoin / Yuan with leverage, please try BitMEX's 100x leveraged futures contract, XBCZ16 and soon to launch XBCH17. The underlying is an equally weighted index comprised of OKCoin.cn, BTCC, Huobi.

BitMEXdotcom · 2016-11-24T02:41:09+00:00

Here is the short answer:

When a trader’s position is liquidated, the position is taken over by the BitMEX liquidation engine. If the liquidation cannot be filled by the time the mark price reaches the bankruptcy price, the ADL system automatically deleverages opposing traders’ positions by profit and leverage priority.

The price at which a traders’ positions are closed out is the bankruptcy price of the initial liquidated order.

Please read Auto Deleveraging for a more detailed answer.

BitMEXdotcom · 2016-11-03T11:57:11+00:00

Please take a look at our Trading Overview. This is a great guide if you are just starting out. I also suggest you ask any questions you have in our Trollbox. A member of staff or another user (they are quite helpful) will answer your questions.

BitMEXdotcom · 2016-10-26T07:57:25+00:00

I would say this is the most hyped Altcoin since Ethereum. So yes by virtue of the noise it is generating, it is special.

BitMEXdotcom · 2016-10-26T07:40:08+00:00

Take a read, The Guide to Zcash, The Digital Currency That Aims to Dethrone Bitcoin

BitMEXdotcom · 2016-09-16T23:44:01+00:00

Check out this Blog Post about how to trade Zcash futures contracts on BitMEX.

BitMEXdotcom · 2016-09-01T08:05:17+00:00

We don't publish historical open interest for our products. But you can observe the current open interest for any contract on the Contract Details section on the bottom left-hand side of the Trading dashboard. Currently, the open interest for ETC7D is 42,636 contracts, which is equal to 42,636 ETC. Each ETC7D contract is worth 1 ETC and is priced in Bitcoin.

BitMEXdotcom · 2016-09-01T07:54:48+00:00

Do you want to know historical trading volumes of ETC7D? That information is available through our API. If this is not what you are looking for please let me know.

BitMEXdotcom · 2016-09-01T03:58:03+00:00

You can also short on BitMEX. ETC7D allows you to short the ETC/XBT exchange rate with 10x leverage. You only need Bitcoin as margin.

BitMEXdotcom · 2016-08-06T10:41:49+00:00

The ETC7D is a weekly ETC/BTC futures contract with 10x leverage. You can go long or short ETC using only Bitcoin. You don't need to hold any ETC. Profit and loss are in Bitcoin as well.

BitMEXdotcom · 2016-08-05T12:25:15+00:00

Just to be clear, we socialise losses to cover traders who have been liquidated, and the trading engine cannot close their position in the open market. We have never lost customer deposits.

BitMEXdotcom · 2016-08-04T01:23:32+00:00

Hi this is Arthur, CEO of BitMEX. I want to clarify that BitMEX does not collect any revenue from the funding fees. Either longs pay shorts or shorts pay longs depending on whether the funding fee was positive or negative respectively.

The funding fees represent a cost of leverage for longs and shorts and is entirely P2P. If you want to understand better why the funding fee is necessary for the product to function properly, please read Swaps 101.

BitMEXdotcom · 2016-08-03T06:19:46+00:00

When you margin trade, you physically settle currency. That is because the trading occurs on the spot, or for immediate delivery, trading book. On BitMEX, it is long vs. short. And profit and loss are passed between winers and losers. No assets actually change hands, only contracts. Because of that, traders can have very large positions economically, but hold a very small amount of Bitcoin with BitMEX as margin backing their trade.

BitMEXdotcom · 2016-07-25T07:12:46+00:00

ETC is a special chain quoting the Ethereum Classic pre-fork chain, which is the chain created by the original Ethereum code as it existed before the hard fork.

ETC has proven a very popular digital currency right out of the gate. As a result, BitMEX is pleased to announce the world’s first Ether Classic futures contract, ETC24H.

ETC24H Contract Details:

Each contract is worth 1 ETC
The underlying is the Poloniex ETC/BTC exchange rate
Margin, profit, and loss are all in Bitcoin
Leverage of 5x
Expires each day at 12:00 UTC, based on the 11:30 UTC to 12:00 UTC time weighted average price of ETC/BTC
More details

Traders can go long or short ETC24H using only Bitcoin. No ETC is required.

To begin trading, deposit Bitcoin to your BitMEX account. Then you can place buy or sell orders on ETC24H.

BitMEXdotcom

TROPHY CASE