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Nepal
1 Level
453 Review
106 Karma

Review on BitMEX by Syed Adnan

Revainrating 4 out of 5

A peer-to-peer exchange.

It's a sophisticated trading platform with great liquidity and useful features. It offers extremely good security, quite good customer support, and a simple sign-up process. Privacy advocates will prefer its lack of KYC identity requirements.
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The only real disadvantage is the significant risk imposed by highly profitable trading. Beginner traders and those who just want to buy a few bitcoins should probably choose a different exchange.
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For experienced investors and those who want to perform complex strategies, this is a great choice.

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Pros
  • It has very high liquidity.
  • It has effective interface.
  • Solid API support.
  • Great customer support.
Cons
  • It won't be easy for new traders.
  • Higher margins provide the potential for significant damage very quickly.