BitMEX Indices Updated – Q4 2020
BitMEX updated its indices across all products today, 25 September 2020 at 12:00:05 UTC.
The affected indices include:
.BXBT, .BETH, .BXRP, .BBCH. .BLTC, .BUSDT;
.BETHXBT, .BXRPXBT, .BBCHXBT, .BLTCXBT, .BEOSXBT, .BADAXBT, .BTRXXBT;
.BADAT, .BEOST, .BLINKT, .BXTZT.
For index weights and further details, please see our blog post: https://blog.bitmex.com/q4-2020-index-weights-and-new-indices/ and the BitMEX Indices page: https://www.bitmex.com/app/indices
If you have any questions, please contact our Support team here: https://bitmex.com/app/support/contact
BitMEX updated its indices across all products today, 25 September 2020 at 12:00:05 UTC.
The affected indices include:
.BXBT, .BETH, .BXRP, .BBCH. .BLTC, .BUSDT;
.BETHXBT, .BXRPXBT, .BBCHXBT, .BLTCXBT, .BEOSXBT, .BADAXBT, .BTRXXBT;
.BADAT, .BEOST, .BLINKT, .BXTZT.
For index weights and further details, please see our blog post: https://blog.bitmex.com/q4-2020-index-weights-and-new-indices/ and the BitMEX Indices page: https://www.bitmex.com/app/indices
If you have any questions, please contact our Support team here: https://bitmex.com/app/support/contact
United States CFTC & DOJ filing
In response to reports of the U.S. Commodity Futures Trading Commission and Department of Justice's decision to file charges against HDR Global Trading Limited and related parties, we have the following statement:
“We strongly disagree with the U.S. government’s heavy-handed decision to bring these charges, and intend to defend the allegations vigorously. From our early days as a start-up, we have always sought to comply with applicable U.S. laws, as those laws were understood at the time and based on available guidance.”
In the meantime, the BitMEX platform is operating entirely as normal and all funds are safe. To allay any potential customer concerns, pending withdrawal requests were processed at 17:45 UTC, in line with our standard procedures. We will process another off-cycle withdrawal at 08:00 UTC, 02 Oct 2020, and then 13:00 UTC, as usual.
If you have any further enquiries, please contact Support: https://www.bitmex.com/app/support/contact
In response to reports of the U.S. Commodity Futures Trading Commission and Department of Justice's decision to file charges against HDR Global Trading Limited and related parties, we have the following statement:
“We strongly disagree with the U.S. government’s heavy-handed decision to bring these charges, and intend to defend the allegations vigorously. From our early days as a start-up, we have always sought to comply with applicable U.S. laws, as those laws were understood at the time and based on available guidance.”
In the meantime, the BitMEX platform is operating entirely as normal and all funds are safe. To allay any potential customer concerns, pending withdrawal requests were processed at 17:45 UTC, in line with our standard procedures. We will process another off-cycle withdrawal at 08:00 UTC, 02 Oct 2020, and then 13:00 UTC, as usual.
If you have any further enquiries, please contact Support: https://www.bitmex.com/app/support/contact
Leadership Changes at 100x Group
Following recent legal filings in the United States, and with the full approval of the Founders, changes have been made to the leadership of 100x Group, the holding group for HDR Global Trading Limited, owner and operator of the BitMEX platform.
Vivien Khoo, Chief Operating Officer of 100x Group, will become Interim CEO, assuming additional operational responsibilities.
Ben Radclyffe, in his role as Commercial Director, will have enhanced responsibility for client relationship handling and oversight of financial products.
Founders Arthur Hayes and Samuel Reed have stepped back from all executive management responsibilities for their respective CEO and CTO roles with immediate effect. With fellow Founder Ben Delo, they will not hold executive positions in the 100x Group. Additionally, Greg Dwyer will take a leave of absence from his role as Head of Business Development.
Our senior leaders within our technology team will continue the day-to-day management of the BitMEX platform, including ongoing efforts to enhance the performance of the platform.
Further details are available on our blog: https://blog.bitmex.com/leadership-changes-at-100x-group/
Following recent legal filings in the United States, and with the full approval of the Founders, changes have been made to the leadership of 100x Group, the holding group for HDR Global Trading Limited, owner and operator of the BitMEX platform.
Vivien Khoo, Chief Operating Officer of 100x Group, will become Interim CEO, assuming additional operational responsibilities.
Ben Radclyffe, in his role as Commercial Director, will have enhanced responsibility for client relationship handling and oversight of financial products.
Founders Arthur Hayes and Samuel Reed have stepped back from all executive management responsibilities for their respective CEO and CTO roles with immediate effect. With fellow Founder Ben Delo, they will not hold executive positions in the 100x Group. Additionally, Greg Dwyer will take a leave of absence from his role as Head of Business Development.
Our senior leaders within our technology team will continue the day-to-day management of the BitMEX platform, including ongoing efforts to enhance the performance of the platform.
Further details are available on our blog: https://blog.bitmex.com/leadership-changes-at-100x-group/
Incident title: BitMEX Webpage Display Issue
Incident time: October 10, 2020 - 13:12 UTC
Incident status: Investigating
Details: We’re currently investigating an issue with balances not being displayed on the BitMEX webpage. The margin table may not arrive for API users. This is a display issue only, and all funds are safe, and withdrawals are being processed as usual. We are looking into the cause of this issue, and will be sharing an update as soon as possible. If you have any further questions, please contact Support.
BitMEX.com - WebSocket API - Degraded Performance
Incident time: October 10, 2020 - 13:12 UTC
Incident status: Investigating
Details: We’re currently investigating an issue with balances not being displayed on the BitMEX webpage. The margin table may not arrive for API users. This is a display issue only, and all funds are safe, and withdrawals are being processed as usual. We are looking into the cause of this issue, and will be sharing an update as soon as possible. If you have any further questions, please contact Support.
BitMEX.com - WebSocket API - Degraded Performance
Incident title: BitMEX Webpage Display Issue
Incident time: October 10, 2020 - 14:05 UTC
Incident status: Resolved
Details: All balances are now being displayed normally on the BitMEX webpage, and we apologise for any inconvenience this issue may have caused. If you have any further questions, please contact Support.
BitMEX.com - WebSocket API - Operational
Incident time: October 10, 2020 - 14:05 UTC
Incident status: Resolved
Details: All balances are now being displayed normally on the BitMEX webpage, and we apologise for any inconvenience this issue may have caused. If you have any further questions, please contact Support.
BitMEX.com - WebSocket API - Operational
100x Group Hires Malcolm Wright as Chief Compliance Officer
We are pleased to announce the appointment of Malcolm Wright as Chief Compliance Officer of 100x Group, the group behind HDR Global Trading Limited, owner and operator of the BitMEX platform.
This will see Malcolm lead 100x Group’s compliance efforts globally while reporting directly to Vivien Khoo, Interim Chief Executive Officer and Chief Operating Officer. Malcolm’s appointment is a noteworthy milestone for us as we move towards completion of our User Verification Programme and further enhance our compliance function.
See further details on our blog: https://blog.bitmex.com/100x-group-hires-malcolm-wright-as-chief-compliance-officer/
We are pleased to announce the appointment of Malcolm Wright as Chief Compliance Officer of 100x Group, the group behind HDR Global Trading Limited, owner and operator of the BitMEX platform.
This will see Malcolm lead 100x Group’s compliance efforts globally while reporting directly to Vivien Khoo, Interim Chief Executive Officer and Chief Operating Officer. Malcolm’s appointment is a noteworthy milestone for us as we move towards completion of our User Verification Programme and further enhance our compliance function.
See further details on our blog: https://blog.bitmex.com/100x-group-hires-malcolm-wright-as-chief-compliance-officer/
Introducing a new LINKUSDT Quanto Perpetual Contract and increasing leverage on our LINKUSDT Quanto Future Contract
In response to the popularity of the LINKUSDTZ20 since its launch on 11 September 2020, we are now launching a LINKUSDT quanto perpetual swap contract with up to 50x leverage on 16 October 2020 at 04:00 UTC. We will also be increasing the maximum leverage of the current LINKUSDT quanto future contract from 33x to 50x.
Like other quanto contracts, the LINKUSDT product will have a fixed Bitcoin multiplier regardless of the Tether/Chainlink price. This allows traders to long or short the LINK/USDT exchange rate without ever touching either LINK or USDT. Traders post margin in XBT, and earn or lose XBT as the LINK/USDT rate changes.
The contract will be visible on the platform from 15 October 2020 at 04:00 UTC as Unlisted, 24 hours before the start of trading.
Please see our blog for more information: https://bit.ly/2GWTZTW
In response to the popularity of the LINKUSDTZ20 since its launch on 11 September 2020, we are now launching a LINKUSDT quanto perpetual swap contract with up to 50x leverage on 16 October 2020 at 04:00 UTC. We will also be increasing the maximum leverage of the current LINKUSDT quanto future contract from 33x to 50x.
Like other quanto contracts, the LINKUSDT product will have a fixed Bitcoin multiplier regardless of the Tether/Chainlink price. This allows traders to long or short the LINK/USDT exchange rate without ever touching either LINK or USDT. Traders post margin in XBT, and earn or lose XBT as the LINK/USDT rate changes.
The contract will be visible on the platform from 15 October 2020 at 04:00 UTC as Unlisted, 24 hours before the start of trading.
Please see our blog for more information: https://bit.ly/2GWTZTW
REMINDER: We are launching a LINKUSDT quanto perpetual swap contract with up to 50x leverage tomorrow, 16 October 2020 at 04:00 UTC. The contract became visible on the platform from 15 October 2020 at 04:00 UTC as Unlisted. We are also increasing the maximum leverage of the current LINKUSDT quanto future contract from 33x to 50x.
LINKUSDT quanto swaps have a fixed Bitcoin multiplier regardless of the Tether/Chainlink price. This allows traders to long or short the LINK/USDT exchange rate without ever touching either LINK or USDT. Traders post margin in XBT, and earn or lose XBT as the LINK/USDT rate changes. This quanto property may be one of the factors which results in the LINKUSDT swap trading at a premium / discount to the LINKUSDT spot price – see our blog post explaining the same property for ETHUSD from 2018 here: https://blog.bitmex.com/is-the-ethusd-swap-fairly-priced/
Please see our blog published at the time of the LINKUSDT product announcement for more information: https://blog.bitmex.com/introducing-a-new-linkusdt-quanto-perpetual-contract-and-increased-leverage-on-our-linkusdt-quanto-future-contract/
LINKUSDT quanto swaps have a fixed Bitcoin multiplier regardless of the Tether/Chainlink price. This allows traders to long or short the LINK/USDT exchange rate without ever touching either LINK or USDT. Traders post margin in XBT, and earn or lose XBT as the LINK/USDT rate changes. This quanto property may be one of the factors which results in the LINKUSDT swap trading at a premium / discount to the LINKUSDT spot price – see our blog post explaining the same property for ETHUSD from 2018 here: https://blog.bitmex.com/is-the-ethusd-swap-fairly-priced/
Please see our blog published at the time of the LINKUSDT product announcement for more information: https://blog.bitmex.com/introducing-a-new-linkusdt-quanto-perpetual-contract-and-increased-leverage-on-our-linkusdt-quanto-future-contract/
New LINKUSDT Quanto Perpetual Swap Went Live Today (16 October 2020) at 04:00 UTC
Today, 16 October 2020, our latest product - the LINKUSDT quanto perpetual swap contract - went live. The maximum leverage of the LINKUSDT quanto future also increased from 33x to 50x.
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade/LINKUSDT
See the full contract specs on our website: https://www.bitmex.com/app/contract/LINKUSDT
Today, 16 October 2020, our latest product - the LINKUSDT quanto perpetual swap contract - went live. The maximum leverage of the LINKUSDT quanto future also increased from 33x to 50x.
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade/LINKUSDT
See the full contract specs on our website: https://www.bitmex.com/app/contract/LINKUSDT
Accelerating the BitMEX User Verification Programme
We are introducing changes to accelerate the rollout of our User Verification Programme for individual and BitMEX Corporate customers. Users must now be fully verified by 5 November 2020 at 00:00 UTC to continue trading on the platform.
After this time, unverified users will not be able to open new positions and, from 4 December 2020 at 00:00 UTC, will not be able to withdraw funds from their BitMEX account without completing verification.
Read more on our blog: https://blog.bitmex.com/accelerating-the-bitmex-user-verification-programme/
We are introducing changes to accelerate the rollout of our User Verification Programme for individual and BitMEX Corporate customers. Users must now be fully verified by 5 November 2020 at 00:00 UTC to continue trading on the platform.
After this time, unverified users will not be able to open new positions and, from 4 December 2020 at 00:00 UTC, will not be able to withdraw funds from their BitMEX account without completing verification.
Read more on our blog: https://blog.bitmex.com/accelerating-the-bitmex-user-verification-programme/
Taker Fee Reduction, Maker Fee Adjustment on Linear Futures Contracts
On 23 October 2020 at 04:00 UTC, BitMEX will be updating fees for all live Linear Futures contracts (ADAZ20, BCHZ20, EOSZ20, ETHZ20, LTCZ20, TRXZ20, XRPZ20). These changes will also apply to future listings. The updated fees will be:
Updated Fees
Maker Fee -0.025%
Taker Fee 0.075%
Please see our blog for more information: https://blog.bitmex.com/fee-reduction-on-linear-futures-contracts/
On 23 October 2020 at 04:00 UTC, BitMEX will be updating fees for all live Linear Futures contracts (ADAZ20, BCHZ20, EOSZ20, ETHZ20, LTCZ20, TRXZ20, XRPZ20). These changes will also apply to future listings. The updated fees will be:
Updated Fees
Maker Fee -0.025%
Taker Fee 0.075%
Please see our blog for more information: https://blog.bitmex.com/fee-reduction-on-linear-futures-contracts/
Introduction of new Altcoin/USDT Quanto Futures
On 30 October 2020 at 04:00:00 UTC three new Altcoin/USDT Quanto Futures will be listed on the BitMEX platform. The new contracts are:
BNBUSDTZ20, DOTUSDTZ20, and YFIUSDTZ20
Please see our blog: https://blog.bitmex.com/introduction-of-binance-coin-bnb-polkadot-dot-and-yearn-finance-yfi-quanto-futures/ for more details (contracts are live in Testnet [https://testnet.bitmex.com] now along with contract specifications).
The new contracts will be visible on the platform from 29 October 2020 at 04:00:00 UTC as Unlisted, 24 hours before the start of trading.
On 30 October 2020 at 04:00:00 UTC three new Altcoin/USDT Quanto Futures will be listed on the BitMEX platform. The new contracts are:
BNBUSDTZ20, DOTUSDTZ20, and YFIUSDTZ20
Please see our blog: https://blog.bitmex.com/introduction-of-binance-coin-bnb-polkadot-dot-and-yearn-finance-yfi-quanto-futures/ for more details (contracts are live in Testnet [https://testnet.bitmex.com] now along with contract specifications).
The new contracts will be visible on the platform from 29 October 2020 at 04:00:00 UTC as Unlisted, 24 hours before the start of trading.
70% Taker Fee Reduction has been Applied on Linear Futures Contracts
BitMEX updated its fees for all live Linear Futures contracts (ADAZ20, BCHZ20, EOSZ20, ETHZ20, LTCZ20, TRXZ20, XRPZ20) reducing the Taker Fee to 0.075% and reducing the Maker rebate to -0.025% effective 23 October 2020 at 04:00 UTC.
Please see our blog posted earlier for more information: https://blog.bitmex.com/fee-reduction-on-linear-futures-contracts/
BitMEX updated its fees for all live Linear Futures contracts (ADAZ20, BCHZ20, EOSZ20, ETHZ20, LTCZ20, TRXZ20, XRPZ20) reducing the Taker Fee to 0.075% and reducing the Maker rebate to -0.025% effective 23 October 2020 at 04:00 UTC.
Please see our blog posted earlier for more information: https://blog.bitmex.com/fee-reduction-on-linear-futures-contracts/
We’re launching three new contracts this week!🎉
Throw in your predictions - which do you think will be the most successful? 🤔
Throw in your predictions - which do you think will be the most successful? 🤔
Anonymous Poll
50%
Binance Coin (BNB)
24%
Polkadot (DOT)
26%
Yearn.finance (YFI)
Incident title: Webpage Display Issue/Investigating
Incident time: October 26, 2020 - 07:29 UTC
Incident status: Investigating
Details: We’re currently investigating an issue with balances not being displayed on the BitMEX webpage. This is a display issue only, and all funds are safe. We are looking into the cause of this issue, and will be sharing an update as soon as possible. If you have any further questions, please contact Support.
BitMEX.com - Web Frontend - Degraded Performance
Incident time: October 26, 2020 - 07:29 UTC
Incident status: Investigating
Details: We’re currently investigating an issue with balances not being displayed on the BitMEX webpage. This is a display issue only, and all funds are safe. We are looking into the cause of this issue, and will be sharing an update as soon as possible. If you have any further questions, please contact Support.
BitMEX.com - Web Frontend - Degraded Performance
Incident title: Webpage Display Issue
Incident time: October 26, 2020 - 11:10 UTC
Incident status: Resolved
Details: We’ve resolved an issue with balances not being displayed on the BitMEX webpage. All balances are now being displayed normally, and we apologise for any inconvenience this may have caused. If you have any further questions, please contact Support.
BitMEX.com - Web Frontend - Operational
Incident time: October 26, 2020 - 11:10 UTC
Incident status: Resolved
Details: We’ve resolved an issue with balances not being displayed on the BitMEX webpage. All balances are now being displayed normally, and we apologise for any inconvenience this may have caused. If you have any further questions, please contact Support.
BitMEX.com - Web Frontend - Operational
Updates to BitMEX Indices
On 28 October 2020 at 04:00:00 UTC BitMEX listed the following new indices:
.BBNBT, .BDOTT, and .BYFIT
Please see our Blog: https://blog.bitmex.com/updates-to-bitmex-indices/ and BitMEX Indices page: https://www.bitmex.com/app/indices for index weights and further details.
On 28 October 2020 at 04:00:00 UTC BitMEX listed the following new indices:
.BBNBT, .BDOTT, and .BYFIT
Please see our Blog: https://blog.bitmex.com/updates-to-bitmex-indices/ and BitMEX Indices page: https://www.bitmex.com/app/indices for index weights and further details.
REMINDER: We are launching our three new quanto futures tomorrow, 30 October 2020, at 04:00 UTC. The contracts are now visible on the platform as Unlisted.
Contract list below:
BNBUSDTZ20, DOTUSDTZ20, and YFIUSDTZ20
Please see our blog published at the time of the product announcement for more information: https://blog.bitmex.com/introduction-of-binance-coin-bnb-polkadot-dot-and-yearn-finance-yfi-quanto-futures/
Contract list below:
BNBUSDTZ20, DOTUSDTZ20, and YFIUSDTZ20
Please see our blog published at the time of the product announcement for more information: https://blog.bitmex.com/introduction-of-binance-coin-bnb-polkadot-dot-and-yearn-finance-yfi-quanto-futures/
REMINDER: There’s one week to go until a major milestone in the accelerated rollout of our User Verification Programme. All BitMEX users need to verify by 5 November 2020 at 00:00 UTC to continue trading. The process takes about five minutes to complete from start to finish. Start the process, or check your verification status, at www.bitmex.com/verify.
Further information is available on our blog: https://blog.bitmex.com/accelerating-the-bitmex-user-verification-programme/
Further information is available on our blog: https://blog.bitmex.com/accelerating-the-bitmex-user-verification-programme/
New Quanto Futures Went Live Today (30 October 2020) at 04:00 UTC
Today, 30 October 2020, our latest quanto futures went live. Contract list below:
BNBUSDTZ20, DOTUSDTZ20, and YFIUSDTZ20
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade
Today, 30 October 2020, our latest quanto futures went live. Contract list below:
BNBUSDTZ20, DOTUSDTZ20, and YFIUSDTZ20
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade