Huge congratulations to the winners of our ELI5: Perpetual Swap competition on Twitter who have each won US$5,000 in BTC! 🎉
Thank you to everyone who participated, we have more giveaways planned so don’t forget to follow us on Twitter: https://twitter.com/BitMEX
#BitMEXgiveaway
Thank you to everyone who participated, we have more giveaways planned so don’t forget to follow us on Twitter: https://twitter.com/BitMEX
#BitMEXgiveaway
BitMEX x hamster-bot: Automated Trading With Just A Few Clicks
Our partnership ecosystem continues to grow with our newest addition. Today we are pleased to welcome hamster-bot to the BitMEX Partner Programme.
A well-known trading bot, hamster-bot is run by an experienced team of professional researchers, mathematicians, programmers and traders, and has a rich history of uninterrupted use by BitMEX users since 2018.
The platform, available as both a desktop application and a web version, has multiple strategies perfect for both experienced traders and beginners alike which can be evaluated based on backtesting.
To kick off the partnership, hamster-bot will be offering BitMEX users a 50% discount on the purchase of a license with full functionality, as well as extended support for settings and risk management. The promotion will last for 30 days starting June 17, 2021.
More details here: https://bit.ly/3q4bKmP
Our partnership ecosystem continues to grow with our newest addition. Today we are pleased to welcome hamster-bot to the BitMEX Partner Programme.
A well-known trading bot, hamster-bot is run by an experienced team of professional researchers, mathematicians, programmers and traders, and has a rich history of uninterrupted use by BitMEX users since 2018.
The platform, available as both a desktop application and a web version, has multiple strategies perfect for both experienced traders and beginners alike which can be evaluated based on backtesting.
To kick off the partnership, hamster-bot will be offering BitMEX users a 50% discount on the purchase of a license with full functionality, as well as extended support for settings and risk management. The promotion will last for 30 days starting June 17, 2021.
More details here: https://bit.ly/3q4bKmP
BitMEX Hires Marc Robinson as Head of Custody
We’re taking BitMEX beyond derivatives and we’re delighted to welcome our new Head of Custody - Marc Robinson!
Find out more about the role he’s going to play in bringing BitMEX to the next level here: https://bit.ly/3vwxU27
We’re taking BitMEX beyond derivatives and we’re delighted to welcome our new Head of Custody - Marc Robinson!
Find out more about the role he’s going to play in bringing BitMEX to the next level here: https://bit.ly/3vwxU27
Our Newest Listing: The VETUSDT Quanto Perpetual Contract
The BitMEX Summer of Listings is far from over. Introducing the VETUSDT Quanto Perpetual Contract.
The VETUSDT Perpetual Swap contract with up to 20x leverage goes live at 04:00 UTC on 30 June 2021 and is visible on Testnet now.
The contract will be visible on the platform from 04:00 UTC on 29 June 2021 as Unlisted, 24 hours before start of trading.
Please see our blog for more information: https://bit.ly/2SOzQG9
The BitMEX Summer of Listings is far from over. Introducing the VETUSDT Quanto Perpetual Contract.
The VETUSDT Perpetual Swap contract with up to 20x leverage goes live at 04:00 UTC on 30 June 2021 and is visible on Testnet now.
The contract will be visible on the platform from 04:00 UTC on 29 June 2021 as Unlisted, 24 hours before start of trading.
Please see our blog for more information: https://bit.ly/2SOzQG9
Crypto Trader Digest - I Still Can’t Draw A Line
There are some inconvenient truths about the role of leverage in traditional finance vs. crypto markets, and there’s no one better to explain than Arthur Hayes.
Read (and then share) the latest edition of Crypto Trader Digest here: https://bit.ly/2TW7jhU
There are some inconvenient truths about the role of leverage in traditional finance vs. crypto markets, and there’s no one better to explain than Arthur Hayes.
Read (and then share) the latest edition of Crypto Trader Digest here: https://bit.ly/2TW7jhU
BitMEX Indices Updated – Q3 2021
BitMEX updated its indices across all products today, 25 June 2021 at 12:00:05 UTC.
The affected indices include:
.BXBT, .BETH, .BXRP, .BBCH. .BLTC, .BUSDT;
.BETHXBT, .BXRPXBT, .BBCHXBT, .BLTCXBT, .BEOSXBT, .BADAXBT, .BTRXXBT;
.BAAVET, .BADAT, .BBNBT, .BDOGET, .BDOTT, .BEOST, .BFILT, .BLINKT, .BSOLT, .BUNIT, .BXLMT, .BXTZT, .BYFIT;
And .BXBTEUR.
Please see our blog post: https://blog.bitmex.com/q3-2021-index-weights/ and BitMEX Indices: https://www.bitmex.com/app/indices page for index weights and further details.
BitMEX updated its indices across all products today, 25 June 2021 at 12:00:05 UTC.
The affected indices include:
.BXBT, .BETH, .BXRP, .BBCH. .BLTC, .BUSDT;
.BETHXBT, .BXRPXBT, .BBCHXBT, .BLTCXBT, .BEOSXBT, .BADAXBT, .BTRXXBT;
.BAAVET, .BADAT, .BBNBT, .BDOGET, .BDOTT, .BEOST, .BFILT, .BLINKT, .BSOLT, .BUNIT, .BXLMT, .BXTZT, .BYFIT;
And .BXBTEUR.
Please see our blog post: https://blog.bitmex.com/q3-2021-index-weights/ and BitMEX Indices: https://www.bitmex.com/app/indices page for index weights and further details.
Bitmex
BitMEX | Bitcoin Mercantile Exchange
Trade Bitcoin and other cryptocurrencies with up to 100x leverage. Fast execution, low fees, Bitcoin futures and swaps: available only on BitMEX.
Reduction in Initial and Maintenance Margin for DOGEUSDT
On 29 June 2021 at 06:00 UTC, we will reduce the Base Initial Margin and Base Maintenance Margin requirements for our DOGEUSDT quanto swap.
The new Maintenance Margin requirements for DOGEUSDT will be:
Base Maintenance Margin 1.00%
Base Initial Margin 2.00%
Please see our blog post for further details: https://bit.ly/3qtkGlQ
On 29 June 2021 at 06:00 UTC, we will reduce the Base Initial Margin and Base Maintenance Margin requirements for our DOGEUSDT quanto swap.
The new Maintenance Margin requirements for DOGEUSDT will be:
Base Maintenance Margin 1.00%
Base Initial Margin 2.00%
Please see our blog post for further details: https://bit.ly/3qtkGlQ
REMINDER: We are launching the VETUSDT Quanto Perpetual Swap with up to 20x leverage tomorrow, 04:00 UTC on 30 June 2021. The contract became visible on the platform from 04:00 UTC on 29 June 2021 as Unlisted.
As with all quanto contracts, the VETUSDT product will have a fixed Bitcoin multiplier regardless of the Tether/VET price. This allows traders to long or short the VET/USDT exchange rate without ever touching either VET or USDT.
Traders post margin in XBT, and earn or lose XBT as the VET/USDT rate changes. This quanto risk premium may be one of the factors which results in the VETUSDT swap trading at a premium / discount to the VETUSDT spot price - see our blog post explaining the same concept for ETHUSD: https://blog.bitmex.com/is-the-ethusd-swap-fairly-priced/
Please see our blog published at the time of the VETUSDT product announcement for more information: https://bit.ly/2SOzQG9
As with all quanto contracts, the VETUSDT product will have a fixed Bitcoin multiplier regardless of the Tether/VET price. This allows traders to long or short the VET/USDT exchange rate without ever touching either VET or USDT.
Traders post margin in XBT, and earn or lose XBT as the VET/USDT rate changes. This quanto risk premium may be one of the factors which results in the VETUSDT swap trading at a premium / discount to the VETUSDT spot price - see our blog post explaining the same concept for ETHUSD: https://blog.bitmex.com/is-the-ethusd-swap-fairly-priced/
Please see our blog published at the time of the VETUSDT product announcement for more information: https://bit.ly/2SOzQG9
Reduction in Initial and Maintenance Margin for DOGEUSDT
On 29 June 2021 at 06:00 UTC, we reduced the Base Initial Margin and Base Maintenance Margin requirements for our DOGEUSDT quanto swap.
The new Maintenance Margin requirements for DOGEUSDT are:
Base Maintenance Margin 1.00%
Base Initial Margin 2.00%
Please see our blog post for further details: https://bit.ly/3A7dJeP
On 29 June 2021 at 06:00 UTC, we reduced the Base Initial Margin and Base Maintenance Margin requirements for our DOGEUSDT quanto swap.
The new Maintenance Margin requirements for DOGEUSDT are:
Base Maintenance Margin 1.00%
Base Initial Margin 2.00%
Please see our blog post for further details: https://bit.ly/3A7dJeP
New VETUSDT Quanto Perpetual Swap Now Live
As of today, our latest product - the VETUSDT perp - is now live.
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade/VETUSDT
Full specs are available on our website: https://www.bitmex.com/app/contract/VETUSDT
Happy trading!
As of today, our latest product - the VETUSDT perp - is now live.
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade/VETUSDT
Full specs are available on our website: https://www.bitmex.com/app/contract/VETUSDT
Happy trading!
Our Newest Listing: The MATICUSDT Quanto Perpetual Contract
The BitMEX Summer of Listings continues. Introducing the MATICUSDT Quanto Perpetual contract.
The MATICUSDT Perpetual Swap contract with up to 20x leverage goes live at 04:00 UTC on 7 July 2021 and is visible on Testnet now.
The contract will be visible on the platform from 04:00 UTC on 6 July 2021 as Unlisted, 24 hours before start of trading.
Please see our blog for more information: https://bit.ly/3y9J3I6
The BitMEX Summer of Listings continues. Introducing the MATICUSDT Quanto Perpetual contract.
The MATICUSDT Perpetual Swap contract with up to 20x leverage goes live at 04:00 UTC on 7 July 2021 and is visible on Testnet now.
The contract will be visible on the platform from 04:00 UTC on 6 July 2021 as Unlisted, 24 hours before start of trading.
Please see our blog for more information: https://bit.ly/3y9J3I6
BitMEX x HASH CIB: Crypto Asset Management Re-imagined
We are thrilled to once again expand our BitMEX Partner Programme ecosystem with the official addition of HASH CIB into our community.
HASH CIB was established in 2017 and is currently one of the largest and most impactful crypto investment firms in the industry. The company focuses primarily on asset management and venture capital.
To kick off our partnership - from now till the end of the year, HASH CIB will be waiving 6 months of management fees to all new fund clients that sign up using this link: https://tinyurl.com/9hjjb35t
More details here: https://bit.ly/3h5RzSu
We are thrilled to once again expand our BitMEX Partner Programme ecosystem with the official addition of HASH CIB into our community.
HASH CIB was established in 2017 and is currently one of the largest and most impactful crypto investment firms in the industry. The company focuses primarily on asset management and venture capital.
To kick off our partnership - from now till the end of the year, HASH CIB will be waiving 6 months of management fees to all new fund clients that sign up using this link: https://tinyurl.com/9hjjb35t
More details here: https://bit.ly/3h5RzSu
REMINDER: We are launching the MATICUSDT Quanto Perpetual Swap with up to 20x leverage tomorrow, 7 July 2021 at 04:00 UTC. The contract became visible on the platform from 04:00 UTC on 6 July 2021 as Unlisted.
As with all quanto contracts, the MATICUSDT product will have a fixed Bitcoin multiplier regardless of the Tether/MATIC price. This allows traders to long or short the MATIC/USDT exchange rate without ever touching either MATIC or USDT.
Traders post margin in XBT, and earn or lose XBT as the MATIC/USDT rate changes. This quanto risk premium may be one of the factors which results in the MATICUSDT swap trading at a premium / discount to the MATICUSDT spot price - see our blog post explaining the same concept for ETHUSD: https://blog.bitmex.com/is-the-ethusd-swap-fairly-priced/
Please see our blog published at the time of the MATICUSDT product announcement for more information: https://bit.ly/3wlUGtQ
As with all quanto contracts, the MATICUSDT product will have a fixed Bitcoin multiplier regardless of the Tether/MATIC price. This allows traders to long or short the MATIC/USDT exchange rate without ever touching either MATIC or USDT.
Traders post margin in XBT, and earn or lose XBT as the MATIC/USDT rate changes. This quanto risk premium may be one of the factors which results in the MATICUSDT swap trading at a premium / discount to the MATICUSDT spot price - see our blog post explaining the same concept for ETHUSD: https://blog.bitmex.com/is-the-ethusd-swap-fairly-priced/
Please see our blog published at the time of the MATICUSDT product announcement for more information: https://bit.ly/3wlUGtQ
Six months ago, we became the largest fully verified crypto derivatives exchange.
In this blog, we explain what’s changed since then, and how we’ve never looked back.
Read it here: https://bit.ly/3wlzhBg
In this blog, we explain what’s changed since then, and how we’ve never looked back.
Read it here: https://bit.ly/3wlzhBg
BitMEX Promotes Brian Rankin to Chief Information Security Officer
Brian Rankin has been promoted to the role of Chief Information Security Officer with the task of protecting our information assets from a range of malicious actors.
“The growth and transformation of BitMEX presents a range of new information security challenges that come with both opportunities and threats,” said Alex Höptner, CEO of 100x Group. “Brian brings two decades of experience to the role and I know he’ll help us keep our data safe while we scale.”
Brian joined us in 2019 as Security Program Manager, bringing with him more than 20 years’ security leadership experience. Prior to joining BitMEX, Brian consulted for FinClusive, working on its Rulebook: a framework and set of principles that governed the company’s application of anti-money laundering and financial crimes compliance requirements.
Read more here: https://bit.ly/2V3Oee7
Brian Rankin has been promoted to the role of Chief Information Security Officer with the task of protecting our information assets from a range of malicious actors.
“The growth and transformation of BitMEX presents a range of new information security challenges that come with both opportunities and threats,” said Alex Höptner, CEO of 100x Group. “Brian brings two decades of experience to the role and I know he’ll help us keep our data safe while we scale.”
Brian joined us in 2019 as Security Program Manager, bringing with him more than 20 years’ security leadership experience. Prior to joining BitMEX, Brian consulted for FinClusive, working on its Rulebook: a framework and set of principles that governed the company’s application of anti-money laundering and financial crimes compliance requirements.
Read more here: https://bit.ly/2V3Oee7
New MATICUSDT Quanto Perpetual Swap Now Live
As of now, our latest product - the MATICUSDT perp - is live.
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade/MATICUSDT
Full specs are available on our website: https://www.bitmex.com/app/contract/MATICUSDT
Happy trading!
As of now, our latest product - the MATICUSDT perp - is live.
Trading started at 04:00 UTC here: https://www.bitmex.com/app/trade/MATICUSDT
Full specs are available on our website: https://www.bitmex.com/app/contract/MATICUSDT
Happy trading!
Introducing the AAVEUSDT Quanto Perpetual Contract
The BitMEX Summer of Listings continues with the AAVEUSDT Quanto Perpetual contract.
The AAVEUSDT Perpetual Swap contract with up to 33x leverage goes live at 04:00 UTC on 14 July 2021 and is visible on Testnet now.
The contract will be visible on the platform from 04:00 UTC on 13 July 2021 as Unlisted, 24 hours before start of trading.
Please see our blog for more information: https://bit.ly/3wosNRU
The BitMEX Summer of Listings continues with the AAVEUSDT Quanto Perpetual contract.
The AAVEUSDT Perpetual Swap contract with up to 33x leverage goes live at 04:00 UTC on 14 July 2021 and is visible on Testnet now.
The contract will be visible on the platform from 04:00 UTC on 13 July 2021 as Unlisted, 24 hours before start of trading.
Please see our blog for more information: https://bit.ly/3wosNRU
Scheduled Downtime for 15 July (Testnet) and 29 July (Mainnet) for Upgrades to Operating System
We will temporarily halt trading in our Testnet environment on Thursday, 15 July at 02:15 UTC to facilitate a major upgrade to our operating system. On Thursday, 29 July at 02:15 UTC, we will temporarily halt trading in our production (Mainnet) environment for the same upgrade.
From this time in each instance, any order actions will be rejected. Deposits made will be queued for processing.
In both instances, the system will be online again in cancel-only mode from approximately 03:10 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 03:15 UTC.
From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.
For more information, please see our blog: https://bit.ly/36imlBF
We will temporarily halt trading in our Testnet environment on Thursday, 15 July at 02:15 UTC to facilitate a major upgrade to our operating system. On Thursday, 29 July at 02:15 UTC, we will temporarily halt trading in our production (Mainnet) environment for the same upgrade.
From this time in each instance, any order actions will be rejected. Deposits made will be queued for processing.
In both instances, the system will be online again in cancel-only mode from approximately 03:10 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 03:15 UTC.
From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.
For more information, please see our blog: https://bit.ly/36imlBF
Crypto Trader Digest - Stablecoin Triptych
You know what time it is! In the latest edition of Crypto Trader Digest, Arthur dives deep into one of the most misunderstood elements of the crypto space - stablecoins.
Read it here: https://bit.ly/3yBmDzw
You know what time it is! In the latest edition of Crypto Trader Digest, Arthur dives deep into one of the most misunderstood elements of the crypto space - stablecoins.
Read it here: https://bit.ly/3yBmDzw
ZERO Trading Fees on XBTEUR for the Next Month, Only on BitMEX
Zero is a great number - especially when it comes to trading fees. Now, for the next month only, we’re pleased to extend a special offer to all BitMEX traders - ZERO trading fees on all our XBTEUR products.
This is something you won’t find anywhere else, and it’s here for a limited time only - until 12 August at 23:59 UTC.
Our special offer is open to new traders too. Register now via this link to get in on the action: https://www.bitmex.com/register
For more information, read our blog here: https://bit.ly/3r0v98I
Zero is a great number - especially when it comes to trading fees. Now, for the next month only, we’re pleased to extend a special offer to all BitMEX traders - ZERO trading fees on all our XBTEUR products.
This is something you won’t find anywhere else, and it’s here for a limited time only - until 12 August at 23:59 UTC.
Our special offer is open to new traders too. Register now via this link to get in on the action: https://www.bitmex.com/register
For more information, read our blog here: https://bit.ly/3r0v98I