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Review on BitMEX by Hengky Labil

Revainrating 4 out of 5

BITMEX RIVIEW

Bitmex is one of the largest Bitcoin trading sites in the world, founded in 2014 by Arthur Hayes, Samuel Reed and Ben Delo. The Bitcoin Mercantile Exchange has gained more and more popularity over the last few years. In summer 2018 the daily trading volume surpassed 1 million BTC for the first time.
In the big Corona Virus stock market crash 2020 also Bitcoin has already been hit hard. On March 13, 2020, BitMEX reached a daily trading volume of more than 8,16 billion US Dollars, which was an amount of 1,453,998 BTC in one day. Since the world market crisis caused by the pandemic is going on we’ll keep watching BitMEX trading volume peaks in the following weeks.




Pros
  • Highest liquidity on market
  • High leverage
Cons
  • Restricted for US traders