BitMEX Chinese name: BitMEX Exchange
What is BitMEX?
BitMEX is a cryptocurrency derivatives exchange incorporated in the Seychelles in 2014. It mainly provides the following services:
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Leverage Trading: allows users to trade cryptocurrencies using leverage, thus amplifying potential gains and losses.
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Perpetual contract: A futures contract that never settles and is traded by investors or traders using leverage.
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Futures Contract: Traditional futures contract, settled on the expiration date.
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Margin Trading: A trading method that requires users to deposit a certain amount of money as collateral.
Features of BitMEX:
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High Leverage: Offers up to 100x leverage.
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Large trading volume: is one of the largest cryptocurrency derivatives exchanges in the world.
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Rich trading tools: Provide trading tools such as stop-profit and stop-loss, limit orders and market orders.
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Anonymous Transactions: Users can trade without providing personal information.
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High Volatility: Due to the existence of leveraged trading, the BitMEX market is highly volatile.
Note:
- Leveraged trading is highly risky and may result in significant losses.
- BitMEX is not a regulated exchange, so there are certain risks.
- Make sure you fully understand the risks and trading mechanics before trading with BitMEX.
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