General Announcement

BitMEX Marks XBT at All Time High with Exceptional Platform Performance, No Overloads

The BitMEX platform performed exceptionally well with zero overloads during the surge in trading throughout yesterday as XBTUSD hit an all time high (ATH) of US$40,567. This is a result of the extensive work our dedicated engineering team has completed over the past year to significantly scale the platform through zero-downtime releases and other behind-the-scenes...
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BitMEX Starts 2021 with a Fully Verified Active User Base; User Verification Programme Complete

We’re pleased to confirm that our User Verification Programme has been successfully implemented, making BitMEX one of the largest crypto derivatives exchanges in the world with a fully verified active user base. Since 4 December 2020, BitMEX users have been required to verify in order to deposit, trade, or withdraw funds. With remaining open positions...
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100x Group Appoints Alexander Höptner As Chief Executive Officer

We are pleased to announce the appointment of Alexander Höptner as the new Chief Executive Officer of 100x Group, the holding group for HDR Global Trading Limited, owner and operator of the BitMEX platform. Alex will lead 100x Group as we pursue our wider vision of shaping the evolution of digital financial services through strategic...
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Platform Performance Update

With bitcoin approaching all-time highs followed by the “Thanksgiving slump” sell-off, it’s been an extremely active week for crypto trading, so we wanted to share a short update on the underlying reasons why our platform performed well over this period. Over the past 12 months, an incredible amount of work has been delivered in the...
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Introduction of Binance Coin (BNB), Polkadot (DOT), and yearn.finance (YFI) Quanto Futures

We are expanding our Altcoin offering further with the launch of three new Altcoin/USDT underlying quanto futures contracts. Trading will begin on 30 October 2020 at 04:00 UTC. Twenty-four hours before the start of trading, the new contracts will be visible on the platform as Unlisted. Binance Coin (BNB) powers the Binance ecosystem and is...
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Introducing a new LINKUSDT Quanto Perpetual Contract and increased leverage on our LINKUSDT Quanto Future Contract

In response to the popularity of the LINKUSDTZ20 since its launch on 11 September 2020, we are now launching a LINKUSDT quanto perpetual swap contract with up to 50x leverage on 16 October 2020 at 04:00 UTC. In addition, the maximum leverage of the current LINKUSDT quanto futures contract will also be increased from 33x...
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100x Group Hires Malcolm Wright as Chief Compliance Officer

We are pleased to announce the appointment of Malcolm Wright as Chief Compliance Officer of 100x Group, the group behind HDR Global Trading Limited, owner and operator of the BitMEX platform. This will see Malcolm lead 100x Group’s compliance efforts globally while reporting directly to Vivien Khoo, Interim Chief Executive Officer and Chief Operating Officer....
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Introducing the Quote Value Ratio Trading Rule

We are committed to ensuring BitMEX is fair and efficient for all our users, and this is why we will be introducing a Quote Value Ratio (QVR) Trading Rule from 00:00:00 UTC on 15 September 2020, initially in “Warning Only” mode for a period of one week. This is part of our ongoing efforts to...
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Announcing The LTCUSD Quanto Perpetual Contract

We are launching a LTCUSD quanto perpetual swap contract with up to 33x leverage on 30 July 2020 at 04:00 UTC. This is the fifth quanto contract to be launched on the BitMEX platform, offering users further diversification of trading opportunities. It follows the successful introduction of the XRPUSD and BCHUSD quanto perpetual swaps and...
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Introducing the 100x Group

When Ben, Sam and I came together in 2014 to launch BitMEX, we endeavoured to create a derivatives trading platform worthy of the future potential of the cryptocurrency capital markets. We set about building a fair, transparent, efficient and highly secure platform. We’ve come a long way since those early days, and are immensely proud...
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HDR Global Trading Limited Appoints Dr. David Wong as Non-Executive Chairman

Since HDR’s inception just over five years ago, the company has grown and developed dramatically, and through the BitMEX platform, we’re well recognised as a fast-growing and pioneering financial technology company.  With an eye for the long-term growth, development and success of the company, we are always looking to attract brilliant people to join our...
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Announcing The BCHUSD Quanto Perpetual Contract

We are launching a BCHUSD quanto perpetual swap contract with up to 25x leverage on 16 June 2020 at 04:00 UTC. This is the fourth quanto contract to be launched on our platform and follows the successful introduction of the ETHUSD quanto futures contract on 05 May 2020 and the XRPUSD swap contract on 05...
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Reduction in Base Maintenance Margin – XBT and ETH Series – 5 May 2020

On 5 May 2020 at 02:00:00 UTC, we will reduce the Base Maintenance Margin requirements for our XBT Series and ETH Series products as part of an ongoing trial period – this includes the ETHUSDM20 Quanto Futures contract launching on 5 May 2020 at 04:00 UTC. Base Initial Margin requirements will be unchanged. The current...
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Announcing The ETHUSD Quanto Futures Contract

We are launching an ETHUSD quanto futures contract with up to 50x leverage on 5 May 2020 at 04:00 UTC. The first contract (ETHUSDM20) will expire in June. This new product will be the only one of its kind available in the market, and represents significant new trading opportunities on BitMEX.   ETHUSD quanto futures have...
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WebSocket Systems Upgrade Complete: Significant End-User Latency Improvements

From 17:00 to 19:30 UTC on 21 April 2020, BitMEX deployed the next-generation version of its Feeds architecture. This system is internally known as the “Publisher”. It is responsible for receiving the firehose of raw data from the trading engine, parsing it from our internal IPC format to JSON, splitting it into subscriptions, and publishing...
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Introducing the New BitMEX Telegram Channel

We are always looking at ways we can improve communications with our growing user-base, to ensure all users have access to the most up-to-date information and official announcements from BitMEX, as quickly and easily as possible. This is why we are pleased to launch the official BitMEX Telegram channel: https://t.me/BitMEX_Announcements.  This English language channel provides...
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Announcing the new Addresses feature

Today, we are happy to announce a new feature rolling out for BitMEX users: Addresses! As part of an ongoing effort to improve tools and options, we are introducing a feature that enables users to input and save wallet addresses for quick retrieval during withdrawals. Simply head to bitmex.com/app/addresses to enter and save a wallet...
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HDR Global Trading Limited Hires Ben Radclyffe as Commercial Director

We are pleased to announce the appointment of Ben Radclyffe as Commercial Director of HDR Global Trading Limited, operator of the BitMEX cryptocurrency-products trading platform. This is a significant new role which sees Ben taking responsibility for Financial Products, and Business & Client Development. He will report directly to Arthur Hayes, CEO. The future of...
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How We Are Responding to Last Week’s DDoS Attacks

Last Friday, 13 March, the BitMEX platform was subject to two distributed denial-of-service (DDoS) attacks at 02:16 UTC and 12:56 UTC. These attacks delayed or prevented requests going to and from the BitMEX platform, causing direct disruption to our users. Following these incidents, we have been working around the clock to gather the facts and...
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Q1 2020 Index Weights

On 27 December 2019 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 27 December 2019 at 12:00:05 UTC, assuming no constituent exchanges have been excluded due to Index Protection Rules, BitMEX...
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