We adjusted our pricing model to become the most cost efficient crypto derivatives exchange, introducing pricing changes worth USD 1.4bn in net present value. We’ve lowered the BitMEX Taker Fee to 0.05% and adjusted the Maker Rebate to 0.01% across our platform. Us… and Them Changing our fee structure places BitMEX ahead of others in...Read More
Effective 31 August 2021 at 08:00 UTC, we will remove Binance from our .BXBTEUR index. This follows Binance’s decision to suspend euro bank deposits from one of Europe’s key payments networks, resulting in a price premium on its platform relative to other index constituents. All traders should be aware that at the time of the...Read More
100x Ventures is tasked with investing in innovative, emerging platforms that elevate and add value to our growing industry. That’s why earlier this year, we led a seed equity round in Aluna.Social, an up-and-coming social trading terminal that provides a unique, gamified copy-trading experience. Now, we’re happy to announce that we’ve made a significant second...Read More
Introducing our newest listing – the SRMUSDT Quanto Perpetual Swap. With up to 20x leverage available, the SRMUSDT Perpetual Swap contract went live at 04:00 UTC on 24 August and is available to trade on BitMEX now. It’s a great time to be on BitMEX, with excellent platform performance alongside top tier liquidity and security....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.) Art is an expression of human civilisation’s energy abundance. When viewed in net energy terms, it is completely worthless....Read More
Overview Following the recent publication of a new proposed Proof of Reserves-based system which preserves user privacy, we are now ready to provide a working example. The BitMEX platform is used as an example, based on a one-off snapshot for demonstration purposes at Bitcoin block height 693,062. This block was produced on 28 July 2021....Read More
Effective 18 August at 00:00 UTC, the BitMEX Taker Fee will be lowered from 7.5bps (0.075%) to 5bps (0.05%) on all BitMEX products. Meanwhile, the Maker Rebate will be adjusted from 2.5bps (0.025%) to 1bp (0.01%) across BitMEX. Lower Taker Fees will apply to traders who qualify for higher tiers by reaching volume thresholds calculated...Read More
Abstract: We examine the state of proof of assets and proof of liability schemes in the cryptocurrency space, systems whereby exchanges publish a list of user balances, which add up to the total exchange liability. Users are then able to verify their balance is included in the list, proving assurance over the solvency of the...Read More
A message from Alexander Höptner, CEO of BitMEX Today, we are happy to announce that we have reached a resolution with the CFTC and FinCEN. This marks a new chapter for BitMEX. I’m quoted in our company statement, but I think it’s worth adding some further perspective on why this is a tremendous step in...Read More
(Please click here to read a blog by CEO Alex Höptner regarding the resolution) BitMEX has today confirmed that it has reached a resolution with both the United States Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) in relation to investigations by both agencies. BitMEX agreed to pay as much as US$100...Read More
Today, we are thrilled to announce our multi-year partnership with world-renowned football club AC Milan. This will make BitMEX AC Milan’s first-ever Official Sleeve Partner and the Official Cryptocurrency Trading Partner of the Rossoneri. Our sponsorship extends to both the men’s and women’s teams, as well as the Rossoneri’s eSports team – AQM. The BitMEX...Read More
Introducing our newest listing – the AXSUSDT Quanto Perpetual Swap. With up to 20x leverage available, the AXSUSDT Perpetual Swap contract went live at 04:00 UTC on 10 August 2021 and is available to trade on BitMEX now. It’s a great time to be on BitMEX, with excellent platform performance alongside top tier liquidity and...Read More
Chapter 21 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare.* * Note:...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.) The greatest nation states and civilisations efficiently use energy to create economic prosperity for their subjects. Up until recently,...Read More
BitMEX is delighted to announce that we will be providing a part time Bitcoin developer grant to Sjors Provoost until the end of May 2022, a commitment of US$37,500. Sjors will join the other three Bitcoin developers currently financially supported by BitMEX: Michael Ford, Gleb Naumenko and Calvin Kim. Sjors has been a contributor to...Read More
Ethereum will undergo the scheduled London Hard Fork on 5 August 2021. Three BitMEX contracts (ETHUSD, ETHUSDU21 and ETHU21) and two BitMEX indices (.BETH and .BETHXBT) will be impacted and these markets will be open during the fork. Impact on the BitMEX Indices The BitMEX .BETH and .BETHXBT indices are currently constructed using the following...Read More
(A message from Malcolm Wright, Chief Compliance Officer at BitMEX) I’m very glad to report Chainalysis has revised its risk assessment of BitMEX, removing the ‘high risk’ label it had held in place for less than a year. This followed an internal review of the criteria for the High Risk Exchange category by Chainalysis. The...Read More
Chapter 20 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare.* * Note:...Read More
Six years ago today, Vitalik Buterin and Dr. Gavin Wood introduced Ethereum to the world. With average daily transactions at more than one million and the second largest market cap, Ethereum has changed crypto forever. While we have a soft spot for bitcoin, we also love ETH and appreciate the role it plays in the...Read More
Earlier this year, we successfully launched our official BitMEX Partner Programme. Today, we are thrilled to announce phase two of the programme with the addition of 17 new firms into the BitMEX ecosystem. As official partners, they will offer their services to our users, and also be rewarded based on the activity they refer to...Read More
100x Ventures, the ventures arm of BitMEX and 100x Group, is pleased to announce a significant investment in Cryptense, the company behind crypto trading automation platform Kryll.io. Kryll.io is a growing, highly advanced platform that allows users to pursue automated trading strategies on a number of crypto exchanges. The investment will entail increased collaboration between...Read More
Chapter 19 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare.* * Note:...Read More
Please note that the previously announced platform downtime originally scheduled for 29 July has been postponed to 12 August at 02:15 UTC. During this time, we will temporarily halt trading on the BitMEX platform to facilitate a major upgrade to our operating system. From this time, any order actions will be rejected. Deposits made will...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.) Every Summer Is The Fucking Same ! When crypto hits the northern hemispheric summer, people lose their bearings. Price...Read More
The listings continue with the introduction of the SUSHIUSDT Quanto Perpetual Swap. With up to 33x leverage available, the SUSHI Perpetual Swap contract went live at 04:00 UTC on 21 July 2021 and is available to trade on BitMEX now. It’s a great time to be on BitMEX, with excellent platform performance alongside top tier...Read More
(Any views expressed in the below should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) It goes without saying that crypto markets can be volatile. Depending on your strategy, this can be more of a perk than a plague. However, no matter...Read More
Our mission is to give our users the most relevant – and innovative – products to trade. And we’re continuing to bring new contracts in the market for users to get exposure to their favourite coins. Now, we’re taking it one step further by listing the BitMEX Basket Indices – covering both the Altcoin (.BALTMEX)...Read More
Chapter 18 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare.* * Note:...Read More
BitMEX is delighted to announce that the Open Source Developer Grant programme will shortly be re-opened for new applicants. BitMEX started directly supporting Bitcoin developers back in July 2019 with a US$50,000 grant to Michael Ford. Since then we renewed Michael’s grant for another two years and we have supported other open source Bitcoin developers,...Read More
Zero is a great number – especially when it comes to trading fees. Now, for the next month only, we’re pleased to extend a special offer to all BitMEX traders – ZERO taker and maker fees on all our XBTEUR contracts. This is something you won’t find anywhere else, and it’s here for a limited...Read More
