Review on BitMEX by José A Rodríguez
BitMEX: Good Bitcoin Exchange, although Limited Services
Bitcoin exchange providers are at the top of all exchange services, but nowadays, they decided to bring support to other well-known blockchains. From this way, the marketplace becomes a more reliable ecosystem by offering true equality.
For this reason, the BitMEX exchange is another ideal site to consider. Although it is not the best network for trading, it will that necessary support that many new-users require when trading. Moreover, it has special sections for every token that is listed on the exchange. It is not difficult to use the exchange services. Users can follow the first steps offered by the official platform and analyze the regulations given for every cryptocurrency. It permits to go directly to the main window where users, after being registered, can choose what token to sell.
The limits of tokens admitted are still one of the lowest of the market. Perhaps, for this reason is not a highly considered service. However, as I said the support it offers for the BTC token is essential. When writing about support, I mean attention to transactions, operativity, safety, and regulations for fees and commissions. Likewise, it offers low fee addition when making deposits on cryptos even if they are done from a credit card. This is something good and impressive as well.
On the other hand, this exchange is yet to improve many things. One of them is the current platform, Although it is good for showing certain specifications, it is not totally completed. Secondly, it requires more additions to trade as well as more entries to trade with fiat money from different regions. Finally, the company promises to be an op n financial system, but their options are limited.
In conclusion, BitMex is good for those traders just interested in trading Bitcoins, as well as some trading executed from BTC to Euro. The company will improve some of the most known issues. I recommend users to stick to the news and follow the project to consider more reliable options.
Pros
- High-quality support and outcomes for the tokens admitted to it. It brings users rewarding options when trading. There are certain methods for entering the field like making deposits not only from a wallet but also from a credit card.
- The fees are low and equally divided depending on the token transactions registered.
- Reliable security framework. The overall project offers confidence to customers and a sense of trustworthiness.
Cons
- Limited exchange services with low activity in the current date. It offers a highly low availability in options for trading.
- It still requires improvements in the overall service. The platform should be updated. The exchange section is practically similar to others, but with low operativity.
