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BitMEX Review 2025

By FXCOINZ Editorial

Last updated: May 12, 202422 Min Read

BitMEX

BitMEX, short for Bitcoin Mercantile Exchange, is one of the world’s most renowned cryptocurrency derivatives trading platforms. Founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed, BitMEX quickly gained popularity within the cryptocurrency community for its innovative products and high liquidity.

BitMEX
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3.0

BitMEX
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3.0
Table of Contents

Introduction

BitMEX, short for Bitcoin Mercantile Exchange, is one of the world’s most renowned cryptocurrency derivatives trading platforms. Founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed, BitMEX quickly gained popularity within the cryptocurrency community for its innovative products and high liquidity.

BitMEX is headquartered in Seychelles and is widely recognized for its focus on offering sophisticated trading products such as futures contracts and perpetual swaps, primarily for Bitcoin and other major cryptocurrencies. These financial instruments allow traders to speculate on the future price movements of cryptocurrencies, both long and short, with leverage.

One of BitMEX’s key features is its use of perpetual contracts, a type of derivative contract that does not have an expiry date. Perpetual contracts closely track the spot price of the underlying cryptocurrency and feature a funding mechanism that ensures the contract price aligns with the spot price, making them particularly attractive for traders looking to hedge or leverage their positions over the long term.

BitMEX’s trading platform is renowned for its speed, reliability, and robust trading infrastructure, capable of handling high volumes of transactions with minimal latency. The platform offers advanced trading features such as cross-margin and isolated margin modes, allowing traders to manage their risk effectively and optimize their trading strategies.

Despite its popularity, BitMEX has faced regulatory scrutiny and legal challenges in various jurisdictions due to its offering of high-leverage trading products and its allowance of trading by users from countries where cryptocurrency derivatives trading may be restricted. In October 2020, the United States Commodity Futures Trading Commission (CFTC) charged BitMEX with facilitating unregistered trading and violating anti-money laundering regulations, leading to a significant impact on the platform’s operations and reputation.

In response to regulatory challenges, BitMEX has taken steps to enhance its compliance measures, including implementing mandatory KYC (Know Your Customer) procedures for all users and restricting access to certain high-risk jurisdictions. The platform has also diversified its product offerings and expanded into new markets to mitigate regulatory risks and maintain its position as a leading player in the cryptocurrency derivatives market.

Overall, BitMEX remains a dominant force in the cryptocurrency derivatives trading space, offering sophisticated trading products and a robust trading platform for experienced traders seeking exposure to the volatile cryptocurrency markets. Despite facing regulatory challenges, BitMEX continues to innovate and adapt to meet the evolving needs of its user base, demonstrating resilience and commitment to maintaining its leadership position in the industry.

BitMEX Platform Attributes

  • Sophisticated Trading Products: BitMEX offers a range of sophisticated trading products, including perpetual contracts, futures contracts, and options, providing users with diverse trading opportunities.
  • High Liquidity: The platform boasts high liquidity, enabling users to execute trades quickly and efficiently, even during periods of high volatility.
  • Advanced Trading Features: BitMEX provides advanced trading features such as leverage trading, cross-margin and isolated margin modes, and customizable order types, catering to both retail and institutional traders.
  • Robust Security Measures: BitMEX prioritizes the security of user funds and personal information, implementing advanced security protocols such as multi-signature wallets, cold storage for the majority of digital assets, and regular security audits.
  • Regulatory Compliance: While BitMEX operates in a regulatory gray area, the platform strives to comply with relevant laws and regulations to the best of its ability, enhancing transparency and trustworthiness for users.
  • Responsive Customer Support: BitMEX offers responsive customer support services to assist users with inquiries, technical issues, and account-related matters, enhancing the overall user experience.
  • Mobile Accessibility: The platform provides a mobile trading app for iOS and Android devices, allowing users to access trading services on the go, anytime and anywhere.

BitMEX Exchange offers a comprehensive set of platform attributes, including sophisticated trading products, high liquidity, and advanced trading features. The platform’s commitment to security, regulatory compliance to the extent possible, and responsive customer support further strengthens its appeal to cryptocurrency traders and investors, particularly those interested in derivatives trading.

With its emphasis on providing innovative and reliable trading solutions, BitMEX has established itself as a dominant force in the cryptocurrency derivatives market. While the platform has faced regulatory challenges and criticism, it continues to evolve and adapt to meet the needs of its user base, maintaining its position as a leading player in the cryptocurrency exchange ecosystem.

The Pros and Cons

Pros

  • Sophisticated Trading Products: BitMEX offers a range of sophisticated trading products, including perpetual contracts, futures contracts, and options, providing users with diverse trading opportunities. These products allow traders to speculate on the future price movements of cryptocurrencies with leverage, enabling them to amplify their potential returns.
  • High Liquidity: BitMEX boasts high liquidity, facilitating fast and efficient trade execution with minimal price slippage. This ensures a smooth trading experience, even during periods of high volatility, and allows users to enter and exit positions with ease.
  • Advanced Trading Features: BitMEX provides advanced trading features such as leverage trading, cross-margin, and isolated margin modes, allowing users to manage their risk effectively and implement various trading strategies. This flexibility caters to both retail and institutional traders, enhancing the platform’s appeal.
  • Robust Security Measures: BitMEX prioritizes the security of user funds and personal information, implementing advanced security protocols such as multi-signature wallets, cold storage for the majority of digital assets, and regular security audits. This helps protect users against potential security breaches and cyber attacks, enhancing trust and confidence in the platform.
  • Responsive Customer Support: BitMEX offers responsive customer support services to assist users with inquiries, technical issues, and account-related matters. This enhances the overall user experience and ensures that any issues are addressed promptly, contributing to user satisfaction.

Cons

  • Regulatory Uncertainty: BitMEX operates in a regulatory gray area, with uncertainty surrounding the regulatory status of cryptocurrency derivatives trading in various jurisdictions. This regulatory uncertainty could lead to potential limitations or disruptions in the future, impacting the platform’s operations and user experience.
  • High Risk: BitMEX’s use of leverage and derivative products makes trading on the platform inherently high-risk. While leverage can amplify potential returns, it also increases the risk of significant losses, especially in volatile market conditions. Users should exercise caution and only trade with funds they can afford to lose.
  • Complexity: BitMEX’s advanced trading features and complex products may be overwhelming for novice traders or those unfamiliar with derivatives trading. The platform’s steep learning curve could deter less experienced users from participating in trading activities, limiting its accessibility.
  • Security Incidents: BitMEX has experienced security incidents in the past, including data breaches and system outages, which have impacted user trust and confidence in the platform. While BitMEX has taken steps to enhance its security measures, users should remain vigilant and take appropriate precautions to protect their funds and personal information.
  • Limited Fiat Currency Support: BitMEX may have limited support for fiat currencies compared to spot exchanges, limiting users’ ability to deposit or withdraw funds directly in fiat currency. This could be a drawback for users who prefer to trade with fiat currencies or require access to fiat currency trading pairs.

BitMEX offers a range of sophisticated trading products, high liquidity, and advanced trading features, making it a popular choice for experienced cryptocurrency traders and investors. However, the platform operates in a regulatory gray area, and its use of leverage and complex derivative products makes trading inherently high-risk. While BitMEX prioritizes security and customer support, users should exercise caution and conduct thorough research before engaging in trading activities on the platform. Overall, BitMEX remains a dominant force in the cryptocurrency derivatives market, providing traders with access to innovative trading products and opportunities.

Brokerage Services

BitMEX offers a variety of brokerage services tailored to meet the needs of traders seeking exposure to leveraged trading products. These services are designed to provide users with access to advanced trading instruments and tools. Here are the brokerage services provided by BitMEX:

  • Perpetual Contracts Trading: BitMEX offers perpetual contracts, also known as perpetual swaps, which are derivative products that track the price of an underlying asset, such as Bitcoin (BTC) or Ethereum (ETH). Perpetual contracts have no expiry date, allowing traders to hold positions for as long as they desire.
  • Futures Contracts Trading: BitMEX provides futures contracts for various cryptocurrencies, enabling users to speculate on the future price movements of digital assets. Futures contracts have fixed expiry dates and settlement prices, providing traders with opportunities to profit from both upward and downward price movements.
  • Options Trading: BitMEX offers options trading for select cryptocurrencies, allowing users to purchase call or put options to hedge their positions or speculate on price movements. Options contracts provide traders with the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (strike price) within a specified timeframe.
  • Leverage Trading: BitMEX allows users to trade cryptocurrencies with leverage, enabling them to amplify their trading positions and potentially increase their profits. Leverage enables traders to control larger positions with a smaller amount of capital, but it also magnifies potential losses, requiring careful risk management.
  • Advanced Order Types: BitMEX supports various advanced order types, including market orders, limit orders, stop orders, and trailing stop orders, allowing users to execute trades according to their specific trading strategies and risk preferences.
  • API Trading: BitMEX provides an application programming interface (API) for users who wish to integrate automated trading strategies or build custom trading bots. The API allows users to access real-time market data, execute trades programmatically, and manage their accounts efficiently.
  • Risk Management Tools: BitMEX offers risk management tools such as cross-margin and isolated margin modes, enabling users to manage their risk exposure effectively. Cross-margin mode allows users to use their entire account balance as collateral for trading, while isolated margin mode limits the risk to a specific position.
  • Customer Support: BitMEX offers customer support services to assist users with inquiries, technical issues, and account-related matters. The customer support team is available to provide assistance via email and live chat, ensuring that users receive prompt and effective support when needed.

Overall, BitMEX’s brokerage services cater to the needs of traders seeking exposure to advanced trading products and tools. Whether users are looking to hedge their positions, speculate on price movements, or implement automated trading strategies, BitMEX offers the necessary services and features to support their trading activities effectively. However, users should be aware of the risks associated with leveraged trading and derivatives products and exercise caution when trading on the platform.

Payment Methods

BitMEX primarily focuses on trading rather than facilitating fiat currency deposits and withdrawals. Therefore, it offers limited payment methods compared to traditional cryptocurrency exchanges. Here are the payment methods supported by BitMEX:

  • Cryptocurrency Deposits and Withdrawals: BitMEX supports deposits and withdrawals of various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and others. Users can transfer supported cryptocurrencies between their external wallets or other cryptocurrency exchanges and their BitMEX accounts. Deposits are made by sending cryptocurrencies to the unique deposit address provided by BitMEX, while withdrawals involve transferring cryptocurrencies from the BitMEX account to an external wallet address.
  • Bitcoin (BTC) Only: BitMEX exclusively accepts Bitcoin (BTC) as the primary cryptocurrency for margin trading and settlement. While users can deposit and withdraw other cryptocurrencies, all trading activities on BitMEX are denominated in Bitcoin. Therefore, users need to convert their other cryptocurrencies into Bitcoin to trade on the platform.
  • No Fiat Currency Support: Unlike traditional cryptocurrency exchanges, BitMEX does not support deposits or withdrawals in fiat currencies such as US dollars (USD) or euros (EUR). Users cannot directly deposit fiat currency into their BitMEX accounts or withdraw fiat currency from their BitMEX accounts to their bank accounts.
  • No Credit/Debit Card Payments: BitMEX does not support credit or debit card payments for funding accounts or trading activities. Users cannot use credit or debit cards to purchase Bitcoin or other cryptocurrencies for trading on the platform.
  • No Bank Transfers: BitMEX does not facilitate bank transfers for deposits or withdrawals. Users cannot transfer funds directly between their bank accounts and their BitMEX accounts. Instead, users must use cryptocurrency deposits and withdrawals to fund their accounts and access their funds on BitMEX.

Overall, BitMEX primarily focuses on cryptocurrency trading and does not offer traditional payment methods such as fiat currency deposits, credit/debit card payments, or bank transfers. Users interested in trading on BitMEX should acquire Bitcoin or other supported cryptocurrencies from external sources and use them to fund their BitMEX accounts for margin trading and settlement.

Registration Process

How to Open an Account

  • Visit the BitMEX Website: Go to the official BitMEX website at www.bitmex.com.
  • Click on “Register”: Locate the “Register” or “Sign Up” button on the homepage and click on it to initiate the registration process.
  • Provide Email and Password: Enter your email address and create a strong and secure password for your BitMEX account.
  • Verify Email: Check your email inbox for a verification email from BitMEX. Click on the verification link provided in the email to confirm your email address.
  • Complete Personal Information: Provide your personal information, including your full name, date of birth, and nationality.
  • Set Up Security Measures: Choose and set up security measures for your account, such as two-factor authentication (2FA) for added security. This may involve using an authentication app or receiving SMS codes for verification during login.
  • Agree to Terms and Conditions: Review and accept BitMEX’s terms and conditions and privacy policy to proceed with the registration process.
  • Complete Verification (if required): Depending on your location and the level of verification required, you may need to complete additional verification steps, such as providing a government-issued ID or passport.
  • Submit Registration: Once you have provided all the necessary information and completed any required verification steps, submit your registration to create your BitMEX account.

Overall, the BitMEX registration process is designed to be user-friendly and secure, allowing users to create an account and access cryptocurrency trading services efficiently. By following the outlined steps and completing any required verification procedures, users can enjoy the full range of features and services offered by BitMEX.

Deposit & Withdrawal Options

Deposit Options

  • Bitcoin (BTC) Deposit: Deposit Bitcoin into your BitMEX account. This option allows you to transfer Bitcoin from your external wallet or exchange to your BitMEX account. BitMEX provides a unique deposit address for Bitcoin deposits. Bitcoin deposit is ideal for users who already hold Bitcoin and wish to trade it on BitMEX. It offers fast and convenient fund transfers without the need for traditional banking channels. However, users should ensure they send Bitcoin to the correct deposit address provided by BitMEX.

Withdrawal Options

  • Bitcoin (BTC) Withdrawal: Withdraw Bitcoin from your BitMEX account. This option allows you to transfer Bitcoin from your BitMEX wallet to an external wallet address. You’ll need to specify the withdrawal amount and provide the destination wallet address. Bitcoin withdrawal offers flexibility and control over your digital assets. It’s suitable for users who prefer to maintain custody of their Bitcoin in personal wallets or wish to transfer funds to other exchanges for trading. However, users should ensure they input the correct withdrawal address to avoid loss of funds.

How to Deposit Funds

  • Log in to Your BitMEX Account: Visit the BitMEX website and log in to your account using your credentials.
  • Navigate to the Deposit Section: Once logged in, find and click on the “Deposit” section within your account dashboard.
  • Select Bitcoin Deposit: Choose the option for Bitcoin deposit.
  • Generate Deposit Address: BitMEX will provide you with a unique deposit address for Bitcoin deposits. Copy this address.
  • Transfer Bitcoin: Use your external wallet or exchange to send Bitcoin to the deposit address provided by BitMEX.
  • Wait for Confirmation: Allow some time for the Bitcoin transaction to be confirmed on the blockchain and reflected in your BitMEX account.

How to Withdraw Funds

  • Log in to Your BitMEX Account: Access your BitMEX account by logging in with your credentials.
  • Navigate to the Withdrawal Section: Locate and click on the “Withdraw” section within your account dashboard.
  • Select Bitcoin Withdrawal: Choose the option for Bitcoin withdrawal.
  • Enter Withdrawal Details: Specify the withdrawal amount and provide the destination Bitcoin wallet address.
  • Confirm the Withdrawal: Review the details of your withdrawal request and confirm to proceed with the transaction.
  • Wait for Processing: Allow some time for BitMEX to process your withdrawal request. Processing times may vary depending on the current network congestion and security measures in place.

Trading Platform

BitMEX employs a proprietary trading platform designed and developed in-house by its team of experts. This trading platform stands out in the cryptocurrency exchange landscape for its advanced features tailored specifically for trading digital assets, particularly derivatives like futures contracts and perpetual swaps. Known for its robustness and scalability, BitMEX’s trading platform offers users a seamless trading experience, even during periods of high market volatility.

Key Aspects

Key features of the BitMEX trading platform include:

  • High Performance: BitMEX’s trading platform is engineered to handle high trading volumes efficiently, ensuring minimal latency and rapid order execution even during peak trading hours.
  • Advanced Order Types: Traders can utilize a variety of order types to execute their trading strategies effectively, including market orders, limit orders, stop orders, and more advanced order types like trailing stops and hidden orders.
  • Leverage Trading: BitMEX enables users to trade with leverage, amplifying their exposure to the cryptocurrency markets. The platform offers leverage of up to 100x on certain products, allowing traders to maximize their potential profits (but also their potential losses).
  • Risk Management Tools: BitMEX provides robust risk management features to help traders mitigate their exposure to market risk. This includes options for setting stop-loss orders, take-profit orders, and margin requirements to manage leverage effectively.
  • Charting and Analysis Tools: BitMEX’s trading platform offers comprehensive charting tools and technical analysis indicators to assist traders in analyzing market trends, identifying trading opportunities, and making informed decisions.
  • API Connectivity: BitMEX offers a powerful API (Application Programming Interface) that allows users to integrate third-party trading bots, algorithms, and other automated trading strategies directly with the platform.
  • Security Measures: BitMEX prioritizes the security of user funds and sensitive information. The trading platform incorporates industry-leading security protocols, including multi-signature wallets, cold storage, and two-factor authentication (2FA) for account access.

Overall, BitMEX’s proprietary trading platform provides traders with the tools and features necessary to engage in sophisticated trading strategies in the cryptocurrency derivatives markets. Whether executing simple market orders or implementing complex trading algorithms, users can leverage the platform’s advanced functionality to navigate the dynamic cryptocurrency landscape effectively.

FAQs

Below are common FAQs about BitMEX:

  • What is BitMEX?
    BitMEX, short for Bitcoin Mercantile Exchange, is a cryptocurrency derivatives exchange platform that offers trading of various financial products, including futures contracts and perpetual swaps, with cryptocurrency as the underlying asset.
  • Is BitMEX safe to use?
    BitMEX prioritizes the security of user funds and personal information. The platform employs robust security measures, including two-factor authentication (2FA), encryption, and cold storage for the majority of funds.
  • How do I create an account on BitMEX?
    To create an account on BitMEX, visit the BitMEX website and click on the “Sign Up” or “Register” button. You’ll need to provide some basic information and verify your identity to complete the registration process.
  • What trading products does BitMEX offer?
    BitMEX offers various trading products, including perpetual swaps and futures contracts, with cryptocurrency as the underlying asset. Users can trade Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and other cryptocurrencies with leverage.
  • What is leverage trading on BitMEX?
    Leverage trading on BitMEX allows users to amplify their trading positions by borrowing funds to increase their exposure to the market. BitMEX offers leverage of up to 100x on certain products, enabling traders to potentially magnify their profits (but also their losses).
  • What are the fees for trading on BitMEX?
    BitMEX charges trading fees that vary depending on the trading volume and market conditions. The platform also applies funding rates for perpetual swaps and futures contracts, which are used to settle the funding differential between the perpetual contract price and the spot price.
  • How long does it take for deposits and withdrawals to process on BitMEX?
    Deposit and withdrawal processing times on BitMEX can vary depending on the chosen cryptocurrency and network congestion. Cryptocurrency deposits and withdrawals are typically faster than fiat currency transactions.
  • Does BitMEX offer customer support?
    Yes, BitMEX provides customer support to assist users with any queries or issues they may encounter. Support channels include email, live chat, and a comprehensive knowledge base.
  • Is there a mobile app for BitMEX?
    No, BitMEX does not currently offer a dedicated mobile app. However, the platform’s website is mobile-responsive, allowing users to access and trade on BitMEX from mobile devices.
  • Can I use BitMEX outside of my country?
    Yes, BitMEX is accessible to users in multiple countries, although certain features and services may be limited based on your location and regulatory requirements.

The above FAQs aim to provide users with answers to common questions they may have about using BitMEX for cryptocurrency derivatives trading.

Customer Support

BitMEX provides customer support options to assist users with their inquiries and concerns related to trading on the platform. Below you may see the offered customer support options and their response time:

  • Email Support: BitMEX offers email support for users to submit inquiries or report issues. Users can reach out to the support team by sending an email to the designated support email address. The response time for email inquiries may vary based on the volume of requests and the complexity of the issue. Generally, users can expect to receive a response within 24 to 48 hours during business days.
  • FAQs and Knowledge Base: BitMEX maintains a comprehensive FAQ section and knowledge base on its website, containing articles, guides, and tutorials covering various aspects of trading on the platform, account management, security measures, and more. Users can access information and solutions instantly through the FAQ section and knowledge base without needing to wait for a response from the support team.
  • Social Media Channels: BitMEX also provides customer support through its official social media channels, such as Twitter and Telegram. Users can reach out to BitMEX’s social media accounts for assistance or updates on platform-related issues. Response times on social media channels may vary depending on the platform and the volume of inquiries. However, BitMEX strives to respond to user queries promptly to ensure a positive user experience.
  • Community Forums: BitMEX users can also seek assistance and engage with the community through online forums and discussion groups. These platforms allow users to share their experiences, ask questions, and seek advice from fellow traders. Response times on community forums may vary depending on user engagement and community members’ availability. Users can typically expect to receive responses within a reasonable time frame.

Overall, while BitMEX’s customer support options may be limited compared to traditional exchanges, the platform aims to provide timely assistance and support to users through various channels. Whether through email support, FAQs, social media channels, or community forums, BitMEX strives to address user inquiries and concerns effectively to enhance the trading experience on the platform.

Social Media

BitMEX maintains a presence on various social media platforms to interact with its users, share updates, and provide support. Below you may see BitMEX’s social media accounts:

  • X (Twitter):
    BitMEX’s X account (@BitMEXdotcom) is a primary channel for sharing platform updates, announcements, and industry news. The account also responds to user inquiries and feedback.
  • Reddit:
    BitMEX engages with the Reddit community through its official subreddit (/r/BitMEX), where users can discuss BitMEX-related topics, ask questions, and share their experiences. BitMEX representatives also participate in discussions and provide support.
  • YouTube:
    BitMEX’s YouTube channel features educational content, tutorials, and interviews with industry experts. It serves as a valuable resource for users interested in learning more about cryptocurrency derivatives trading.
  • LinkedIn:
    BitMEX maintains a LinkedIn page where it shares professional updates, company news, and industry insights. The page also serves as a platform for networking and recruitment within the cryptocurrency and blockchain space.
  • Telegram:
    BitMEX’s Telegram channel is used to broadcast announcements, updates, and important information directly to users who have subscribed to the channel. It also facilitates community discussions and provides customer support.
  • Medium:
    BitMEX publishes articles and blog posts on its Medium page, covering a wide range of topics related to cryptocurrency derivatives trading, market analysis, and platform updates.

Overall, BitMEX’s presence on social media platforms allows it to communicate with users effectively, share updates, and provide support. By maintaining active and engaging social media accounts, BitMEX fosters community engagement and transparency while keeping users informed about platform developments and industry trends.

Conclusion

In conclusion, BitMEX remains a significant player in the cryptocurrency derivatives trading landscape, renowned for its innovative products, advanced trading features, and liquidity. As one of the pioneering platforms offering perpetual swaps and futures contracts, BitMEX has garnered a strong reputation among traders seeking exposure to cryptocurrency markets with leverage. Despite facing challenges and regulatory scrutiny, BitMEX continues to provide a robust trading platform with a wide range of supported assets and competitive trading fees. The platform’s commitment to security, demonstrated by its multi-layered security measures and adherence to best practices, instills confidence among users. Moreover, BitMEX’s responsive customer support and educational resources contribute to a positive user experience. While facing increasing competition and regulatory challenges, BitMEX remains a prominent choice for traders seeking sophisticated trading tools and access to cryptocurrency derivatives markets.

Supported Cryptocurrencies 

BitMEX primarily focuses on derivatives trading, particularly futures contracts and perpetual swaps, rather than spot trading of cryptocurrencies. Therefore, it does not support a wide range of cryptocurrencies like traditional spot exchanges. Instead, it offers derivatives contracts based on a few select cryptocurrencies, as you may see in the table below:

ASSET

Network

Trading Pairs

Bitcoin
(BTC)

BTC

BTC/USD,
BTC/ETH,
BTC/XBT

Ethereum
(ETH)

ETH

ETH/USD,
ETH/BTC

Cardano
(ADA)

ADA

ADA/USD,
ADA/BTC

Litecoin
(LTC)

LTC

LTC/USD,
LTC/BTC

Ripple
(XRP)

XRP

XRP/USD,
XRP/BTC

Bitcoin
Cash
(BCH)

BCH

BCH/USD,
BCH/BTC

EOS (EOS)

EOS

EOS/USD,
EOS/BTC

Chainlink
(LINK)

LINK

LINK/USD,
LINK/BTC

Tezos
(XTZ)

XTZ

XTZ/USD,
XTZ/BTC

Ethereum
Classic
(ETC)

ETC

ETC/USD,
ETC/BTC

TRON
(TRX)

TRX

TRX/USD,
TRX/BTC

BitMEX mainly offers derivatives contracts paired against the US dollar (USD) and sometimes against Bitcoin (XBT). This expanded table reflects the limited range of cryptocurrencies available for trading on BitMEX, primarily in the form of derivatives contracts.

Supported Countries

BitMEX operates as a cryptocurrency derivatives exchange and does not restrict users based on their location, but it’s important to note that users are responsible for ensuring compliance with local laws and regulations regarding cryptocurrency trading. Therefore, BitMEX technically supports users from all countries where cryptocurrency trading is legal. However, it’s essential for users to verify the legality of cryptocurrency trading in their jurisdiction before using BitMEX.

It’s crucial to emphasize that users are responsible for complying with the laws and regulations of their respective countries regarding cryptocurrency trading. While BitMEX does not restrict access based on nationality or location, users must ensure that they are legally allowed to participate in cryptocurrency trading activities according to the laws of their country. Additionally, certain features or services on BitMEX may be subject to regulatory restrictions in specific jurisdictions.