(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)One of the most destructive mental constructs to the health of your financial portfolio is measuring yearly arithmetic returns. The...Read More
We’re happy to announce that we’ve teamed up with Tokeny to launch our highly-awaited BMEX token. Tokeny is a global leader in the tokenisation space, and supported us with its technical expertise and guidance throughout the development phase of BMEX in 2021. We’re also working closely with Tokeny to streamline the rollout of the token’s...Read More
Today, we’re pleased to announce that we have enlisted Fireblocks, the leading digital asset custody, transfer, and settlement platform, to propel the development of our upcoming product offerings. As part of our ‘beyond derivatives’ transformation, BitMEX will be expanding our offerings to include Spot, Brokerage, Custody, Information Products, and Academy. In the coming weeks, Fireblocks...Read More
On 20 October 2021 at 04:00 UTC, we listed our new monthly XBT futures on BitMEX. Please see the table below for the listing and settlement dates of current futures contracts. Code Pair Listing Date Settlement Date XBTV21 Bitcoin / USD 23 September 2021 29 October 2021 XBTX21 Bitcoin / USD 20 October 2021 26...Read More
To further reconcile contract naming conventions on BitMEX, we will list four new AXSUSD, EOSUSD, LINKUSD, and SOLUSD Perpetual Swaps on 20 October 2021 at 04:00 UTC and conduct early settlement of the current AXSUSDT, EOSUSDT, LINKUSDT, SOLUSDT, AAVEUSDT, MATICUSDT, SRMUSDT, SUSHIUSDT, TRXUSDT, UNIUSDT, VETUSDT, and XLMUSDT perps on 2 November 2021 at 12:00 UTC. ...Read More
Do not be led astray by the siren songs of capricious harpies – for these creatures wish to infect the faithful with FUD in service to their master. These slimy serpents slither and yearn to surreptitiously slip allegiance to their false gods into our consciousness. Why do such malicious beings exist? Why … because they...Read More
Effective 19 October 2021 at 08:00 UTC, we will remove LBank from our .BETHXBT index. This is due to the persistent irregular price premium relative to other index constituents. All traders should be aware that at the time of the removal, the price of the index may fluctuate substantially. Please exercise caution when trading products...Read More
Abstract: We examine the idea of outsourcing stake to third party validators in the Proof of Stake process, which potentially decouples the coin holders from the consensus agents. We explain why such services are likely to be popular due to some attractive advantages for users, such as the issuance of tokens and higher yields. We...Read More
Faced with an inherently unequal financial system, those who have the most to lose by continuing the status quo are acting in their self-interest to explore alternative options like Bitcoin. A message from Alexander Höptner, CEO of BitMEX Last month, something extraordinary happened – El Salvador became the first country to make Bitcoin legal tender....Read More
Today, we listed new linear perpetual swaps and futures in Testnet which are margined and settled in USDT. They are live in Testnet now – and full functionality for USDT trading will launch in November. To allow users to prepare for and test trading strategies for the full launch, each USDT deposit address created in...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Looking back on recorded human history, it becomes apparent how much luck played in the circumstances of our modern...Read More
BitMEX is delighted to announce that the company will be providing funding to translate Bitcoin content into some key African languages. The company will provide funding of at least US$1,500 to Exonumia, a South African based non-profit organisation, dedicated to translating Bitcoin content. The organisation is run by Kgothatso Ngako (@440UrPp), who is based in...Read More
Do you have fresh powder? You better hope so, because the AVAX perp is now on BitMEX. With up to 20x leverage available, the AVAXUSD Perpetual Swap contract went live at 04:00 UTC on 29 September and is available to trade on BitMEX now. It’s a great time to join BitMEX, with excellent platform performance...Read More
To reconcile contract naming conventions on the platform, BitMEX will list four new ADAUSD, BNBUSD, DOGEUSD, and DOTUSD Perpetual Swaps on 29 September 2021 at 04:00 UTC and conduct early settlement of the current ADAUSDT, BNBUSDT, DOGEUSDT, DOTUSDT, and FILUSDT perps on 13 October 2021 at 12:00 UTC. This will be an ongoing process; we...Read More
BitMEX is delighted to announce that we have awarded two new open source Bitcoin developer grants to Rene Pickhardt and Chris Coverdale. The grant program for 2021 is now closed. Rene and Chris have each been provided with an eight month grant, US$33,333 of committed funding each, until May 2022. This is equivalent to a...Read More
On 23 September 2021 at 04:00 UTC, we listed our new monthly XBT futures on BitMEX. Please see the table below for the listing and settlement dates of current futures contracts. Code Pair Listing Date Settlement Date XBTU21 Bitcoin / USD 12 March 2021 24 September 2021 XBTV21 Bitcoin / USD 23 September 2021 29...Read More
If you’ve been paying attention to crypto markets at all this year, you’re bound to have heard of LUNA. Its meteoric rise in 2021 has made it one of the year’s most sought-after assets – and now, you can trade the LUNAUSD Quanto Perpetual Swap right here on BitMEX. With up to 20x leverage available,...Read More
With the introduction of new local regulatory requirements in South Korea on 24 September 2021, BitMEX is removing Korean language materials from its website and trading platform. All other services will remain unaffected. We fully support the efforts of regulators to help establish standards for cryptocurrency products that will underpin the advancement of this rapidly...Read More
A message from Alexander Höptner, CEO of BitMEX Reader beware: the following piece contains unpopular opinions, but it will make you think. It’s such an interesting time to be in the crypto world. It’s a true meritocracy – the market identifies the most effective technology, the most creative applications, and the best ideas. Zoom out,...Read More
On 24 September 2021 at 12:00:05 UTC BitMEX will update the Index Multipliers of basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as with the previous Index Multipliers. Please refer to the index page for the actual Index...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Digital artworks enabled with NFT technology and hosted on public blockchains, hereafter referred to as NFTs, beg the latest...Read More
Abstract After launching our Ethereum Proof of Stake (PoS) validator node a few weeks ago, in our first detailed look at the PoS system, we catalog and examine each type of reward and penalty that validators can obtain. We provide examples for many of the scenarios based on the live system and comment on the...Read More
We could go on for days about how NFTs are a unique fusion of art, technology, and investment, but let’s face it. When push comes to shove, it’s all about the flex. So we’ve decided to launch our first-ever NFTs, giving BitMEX traders the chance to take home a piece of virtual swag. Think of...Read More
Abstract Following on from our February 2019 piece, “Anatomy Of The Next Global Financial Crisis” and our March 2020 piece “Inflation Is Coming”, we thought now might be an appropriate time for another opinion-filled macro rant. We explore the recent pick up in inflation to over 5% and discuss the increasingly fraught predicament central bankers...Read More
On 24 September 2021 12:00:05 UTC BitMEX will update its index weights. From today, the hypothetical values of the indices with the new weights will be published as the “NEXT” index family (Eg .BXBT_NEXT). As of 24 September 2021 at 12:00:05 UTC, assuming no constituent exchanges have been excluded due to Index Protection Rules, BitMEX...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) A real trader will make a market on anything. Story time. As many long time readers know, I spent...Read More
A message from Alex Höptner, CEO of BitMEX I’ve long believed that BitMEX would need to shift its commercial strategy as the market evolved. Last week, to give even more value to customers, we restructured our fees, lowering the BitMEX Taker Fee from 7.5bps (0.075%) to 5bps (0.05%) on all products. We also adjusted the...Read More
BitMEX Research is delighted to announce that as of 31 August 2021, we have become an active staker on the Ethereum Beacon chain (Eth 2.0). Our validator number is 222,424. Within a few hours we had already proposed our own block, slot 1,964,794 in Epoch 61,399. This is pretty exciting and it felt like quite...Read More
Another week and another significant step forward in our transformation plan. We’re delighted to announce the appointment of Fernando Luis Vazquez Cao as a Non-Executive Director with immediate effect. A 20-year veteran of the technology and financial services sectors in Asia Pacific, Fernando is currently CEO of digital asset powerhouse SBI Digital Asset Holdings. With...Read More
As part of our ongoing efforts to provide an even better trading experience for our users, we will be reducing the Base Initial Margin and Base Maintenance Margin requirements and increasing the available leverage for our BCHUSD, LTCUSD, TRXUSDT, and SOLUSDT quanto swaps. This change will take place on 1 September at 04:00 UTC. The...Read More
