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ABJ
1 Level
125 Review
17 Karma

Review on BitMEX by Daniel Stephen

Revainrating 4 out of 5

Much work has been put in by Bitmex to provide great service

Bitmex gives every liquidity maker a rebate on their trading fee whenever they bring in liquidity to the market, the market takers aren't given these kind of opportunity but the exchange offers them a low fee depending on the coin being traded. Bitmex is an awesome exchange, I enjoy their service a lot because they are cost effective and fast, I don't have to stay all day long waiting for my commands or request to be granted cause the exchange has a very good API and support team is also amazing. Bitmex offers an affiliate program for traders to bring in their friends in to register for a trading account and earn commission from their referral's trading fee, this is a feature of Bitmex I haven't tried out but it's another good way of getting some funds on exchange. Bitmex lists just few coins, the listed coins are helpful but I believe having more new listings would be quite more better for large scale investors or traders in general.

Pros
  • Registration is free and easy
  • All market makers get a rebate and takers get a low fee
  • It has an enormous liquidity
Cons
  • The coins listed and supported are not much