(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.) I am an arbitrage trader at heart. In May 2013 brimming with my experience as a delta one trader,...Read More
We’ve been steadily enhancing our compliance programme as the crypto derivatives sector evolves. The latest step comes in the form of a new partnership with Kharon, a research and data analytics company, to strengthen our customer due diligence process and enhance screening for OFAC-sanctioned entities and other related parties. In doing so, we are making...Read More
We’re continuously enhancing our trading engine to maintain the BitMEX platform’s excellent performance. As part of our latest initiative to facilitate a major upgrade to our system architecture, we will temporarily halt trading in our Testnet environment on Thursday, 1 April at 02:15 UTC, and our production (Mainnet) environment on Thursday, 8 April at 02:15...Read More
Chapter 2 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. The Blocksize...Read More
Chapter 1 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. The Blocksize...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.) I became an avid cyclist after the onset of COVID. I try to ride twice a week for 40...Read More
We’re very pleased to announce the imminent launch of Bech32 deposits across the BitMEX platform, boosting efficiency and deepening our integration with the latest Bitcoin address format. In the coming weeks, we will begin to issue Bech32 addresses to all new BitMEX users and migrate current users to new addresses in phases as soon as...Read More
We are delighted to announce the publication of a new book by BitMEX Research. The book covers the major twists and turns of Bitcoin’s blocksize war, which raged on inside the Bitcoin space for over two years, from mid 2015 to late 2017. The book is available on Amazon now. Book Synopsis The book covers...Read More
Our Customer Service team has responded to a number of questions recently on our withdrawal process, not least in light of temporary freezes on some other exchanges. Trading safely and securely on a platform performing exceptionally well is one thing, but users want to know that they can withdraw funds seamlessly too. Our process remains...Read More
It’s very important to us to list the assets that command liquidity and matter most to our users – even if that means a slight change of plans. Outside of the list of Altcoin Perpetual Swaps previously announced, we will also launch a TRXUSDT perpetual swap contract with up to 33x leverage at 04:00 UTC...Read More
Abstract: In this piece 100x Group grantee Jeremy Rubin describes a smart contract that can be used to verifiably commit to losing coins if Taproot does not activate by a certain date. Jeremy explains a novel and interesting methodology of using smart contracts on Bitcoin, in order to conduct these “bets”. However, in our view,...Read More
We’ve always risen above the competition when it comes to margin requirements for trades both large and small. But we’ve never stopped looking at how to improve, so we’ve decided to increase risk limits on our popular XBT futures contracts (XBTH21, XBTM21, and XBTU21) from 50 to 75 XBT to provide users with even more...Read More
On 26 March 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 26 March 2021 at 12:00:05 UTC, assuming no constituent exchanges have been excluded due to Index Protection Rules, BitMEX...Read More
On 12 March 2021 at 08:00 UTC, we will list new quarterly futures on the BitMEX platform. The new contracts will be visible on the platform from 11 March at 08:00 UTC as Unlisted, 24 hours before the start of trading. As previously announced, we will not be listing new ADAUSDT, BNBUSDT, DOTUSDT, EOSUSDT, XTZUSDT,...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.) I used to be an amateur bodybuilder. Sometimes friends who haven’t seen me since university remark at how skinny...Read More
It’s our pleasure to announce the appointment of Stephan Lutz as Chief Financial Officer of 100x Group, the holding structure for the BitMEX platform. Stephan, who will take up his role in May 2021, will direct our financial growth, expansion, and profitability, reporting to 100x Group CEO Alex Höptner. Stephan brings considerable experience to the...Read More
One of our biggest responsibilities is making sure we provide markets for products that command liquidity and reflect the preferences of our user base. This sometimes requires us to allow some contracts to ‘sunset’ – in other words, allowed to expire and not be renewed. With this in mind, the ADAUSDT, BNBUSDT, DOTUSDT, EOSUSDT, XTZUSDT,...Read More
100x Group is delighted to announce our continued financial support to Bitcoin Core maintainer Michael Ford (AKA fanquake). We’re proud to announce a third grant to Michael, of US$100,000, bringing our total financial support to US$250,000 over three years. This grant was provided in conjunction with Independent Reserve, who will be providing Michael with an...Read More
Trading volume on BitMEX eclipsed the equivalent of USD$1 trillion over the past 365 days as we recorded two of the highest trading by volume months in our history in January and February 2021. This milestone follows the completion of our User Verification Programme in December, making the BitMEX platform the largest cryptocurrency derivatives exchange...Read More
BitMEX Testnet is a great environment to test trading strategies without using real funds. As part of regular housekeeping and to align with contracts listed on the BitMEX platform, we will delist and settle the XBTJPY and XBTKRW contracts on Testnet on 26 February 2021 at 12:00 UTC. For those who are interested in how...Read More
You asked and we’re answering. We’re introducing six new Altcoin/USDT quanto perpetual contracts to the BitMEX platform in March as we expand our product offering and list perpetual swaps for our users’ favourite coins. These will be: Cardano (ADA) Polkadot (DOT) EOS yearn.finance (YFI) Uniswap (UNI) Stellar Lumens (XLM) The contracts will be launched in...Read More
While XBT soars to all-time highs and volumes spike, we’ve observed excellent trading performance from the BitMEX platform. A big part of the success so far is thanks to the hard work of our engineering team – they’ve pulled long days, nights, and weekends over the past months to ensure the platform runs smoothly when...Read More
Can’t Stop, Won’t Stop, GameStop!!!! Stonks for the long run. My hiatus from the equity markets ended when I too became sucked into the meme stock vortex. Seeing a meme stock like GME log a ten bagger in a few trading sessions will get any hardened market operator on their feet. I could not resist...Read More
Key Market Insights Spot and Derivatives Volumes Double to All-Time Monthly Highs – New Daily Volume Records Set on the 11th of Jan. Derivatives volumes increased 101% in January to an all-time monthly high of $2.89tn. Meanwhile, total spot volumes increased by 97% to $2.34tn. Across January, volume from the 15 largest Top-Tier exchanges increased...Read More
Policy and compliance geeks have circled June 2021 in their calendars as one of the most important dates this year for the crypto space – the date by which the global anti-money laundering and terrorist financing watchdog, the FATF, expects both countries and the crypto industry to implement the so-called ‘travel rule’. The rule is...Read More
Last week, we explained how our strengthened index protection controls can give BitMEX users an edge versus those who trade on exchanges with less sophisticated safeguards. Here’s a real-world benefit of one of those safeguards – the Index Protection Parameter – kicking in during trading for .BXRP and .BXRPXBT indices on Monday, 1 February. A...Read More
In retrospect, it was inevitable. As the surge in interest in Dogecoin continues, we are launching a DOGEUSDT perpetual swap contract with up to 20x leverage this Friday. The BitMEX platform offers top-tier liquidity, security, and platform performance to traders. Recent enhancements to our platform rules will result in an even better DOGEUSDT trading experience....Read More
We think that our responsibility to provide a fair and orderly trading environment should be inclusive of user protections for so-called ‘fat finger’ input errors. Though rare, these types of mistakes have the potential to create sudden drastic price movements that disadvantage other users. With this in mind, we will be introducing the Fat Finger...Read More
Abstract: In this piece, 100x Group grantee Calvin Kim explores several claims about the benefits of Utreexo and the extent these advantages have been realised. Calvin explains the significant progress which has been made in the latest implementation of Utreexo, however there is plenty of additional work to do before ordinary users will be using...Read More
Our mission at 100x Group, the holding structure for the BitMEX platform, centres on transforming the modern digital financial system into an inclusive ecosystem that embraces virtual assets. In another step forward toward that goal, we are pleased to announce the appointment of Mr. Wai Kin (WK) Chim as an Independent Non-Executive Board Director of...Read More
