BitMEX is a peer-to-peer cryptocurrency derivatives trading platform. It is fully owned by HDR Global Trading Limited, which is registered in the Republic of Seychelles. On BitMEX you can short or long Bitcoin, and there are also other crypto derivatives available (Ethereum, Ripple, etc.). BitMEX was established in 2014 and is currently the largest cryptocurrency futures exchange in terms of trading volume. It offers deep market liquidity and low fees, making it a high-quality exchange.
BitMEX utilizes the latest multi-factor security mechanisms, offering high security performance. BitMEX also provides various contract types. All contracts are purchased and paid for using Bitcoin.
BitMEX Exchange Features
1. Offers leverage from 1 to 100 times.
2. Perpetual contracts have no expiry date, allowing for long-term investment in long or short positions.
3. The exchanges contract pricing is determined by the average price from other exchanges, so you dont have to worry about someone intentionally manipulating the price to liquidate your position on this platform.
4. Only 1 USD worth of Bitcoin is required to trade.
5. No identity verification is required to trade, and there are no withdrawal limits.
BitMEX Founding Team
BitMEXs founding team is comprised of the best experts in finance, web development, and high-frequency algorithmic trading.
Co-Founder and CEO - Arthur Hayes
Arthur graduated with a degree in Economics from the Wharton School of Business. After graduation, he worked as a derivatives trader in Hong Kong. He was a market maker for Deutsche Bank and Citigroups international exchange-traded fund (ETF) business. He also has extensive experience trading in index futures, forwards, swaps, and non-deliverable forward FX. Arthur has a deep understanding of how to build and trade financial derivatives.
Co-Founder and CTO - Samuel Reed
Samuel graduated with a degree in Computer Science from Washington and Lee University. He has over ten years of professional programming experience. Sam previously served as CTO for two technology companies (Tixelated and Global Brand Solutions of Hong Kong). He has also contracted web application projects for many other companies. Sam’s primary area of expertise lies in building modern real-time web applications and interfaces, and he is a frequent contributor to open source projects.
Co-Founder and COO - Ben Delo
Ben graduated from Oxford University with a Master’s degree in Mathematics and Computer Science with first-class honors. He has over ten years of development experience in high-frequency trading systems, working at JP Morgan Investment Bank and IBM, primarily utilizing the KDB+/Q technology. His expertise covers the design, architecture, and implementation of quantitative trading systems and tools.