BitMEX News & Analysis Today

BitMEX is a cryptocurrency exchange that focuses on derivatives trading, offering futures and perpetual contracts on Bitcoin and other digital assets. The platform was launched in 2014 by Arthur Hayes, Samuel Reed, and Ben Delo, and it is operated by HDR Global Trading Limited, registered in the Seychelles. Unlike traditional spot exchanges, BitMEX allows traders to use leverage — up to 100x for Bitcoin contracts — enabling them to open positions much larger than their account balance. Trading on BitMEX is settled in Bitcoin, meaning deposits and withdrawals are only possible in BTC. The exchange requires full identity verification since 2020 and provides both a live trading environment and a demo account for testing strategies. Its interface supports multiple languages, including Russian, and it is considered one of the leading platforms by trading volume in the crypto derivatives market.