On 29 June 2021 at 06:00 UTC, we will reduce the Base Initial Margin and Base Maintenance Margin requirements for our DOGEUSDT quanto swap. The current Base Initial Margin and Base Maintenance Margin requirements for our products can be found here. These changes are a part of our ongoing efforts to bring our users an...Read More
Our partnership ecosystem continues to grow with our newest addition. Today we are pleased to welcome hamster-bot to the BitMEX Partner Programme. A well-known trading bot, hamster-bot is run by an experienced team of professional researchers, mathematicians, programmers and traders, and has a rich history of uninterrupted use by BitMEX users since 2018. The platform,...Read More
One Dogecoin protagonist / EV car innovator / space enthusiast recently laid down the gauntlet in saying he plans to send Doge to the Moon. We’ve nothing against Dog Money, we felt it was only right to help bitcoin get there first. We’re immensely proud to be supporting leading space robotics company Astrobotic Technology, Inc....Read More
100x Group is the holding structure behind BitMEX, one of the largest crypto derivatives platforms in the world. The story of BitMEX is the story of crypto itself – the optimistic, visionary beginning, the explosion in popularity, the challenges, and ultimately, evolution as crypto is increasingly adopted by institutions and individuals alike. We’re seeking the...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.) For those of you who have a Bloomberg terminal, run FARBAST Index <GO>. This is the index that outputs...Read More
On 13 May 2016, a new product was announced in a short post on the BitMEX Blog. It described what came to be known as the XBTUSD perpetual swap. Though no one knew it at the time, this would come to change crypto – and finance in general – forever. All great innovations solve a...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 must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face...Read More
Our roster of partners is growing fast, and this is one our users will definitely want to take advantage of. Tardis.dev, a provider of the most comprehensive and granular cryptocurrency market data products in the industry, has officially joined the BitMEX Partners Programme. Accurate, complete, historical market data are a trader’s best friend and are...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.) Being right is great, but the true trading legends are right and then continue holding their positions until they...Read More
Today, we’re proud to announce that we are officially launching the BitMEX Partner Programme to more intently focus on expanding the robust network of firms within our ecosystem. Through the programme, we’ll connect our users with trusted tools that will enhance their trading experience while rewarding partners themselves with incentives based on the activity they...Read More
This weekend’s market moves saw Bitcoin as well as the majority of the top ten cryptocurrencies by market capitalisation dip in price by 10 percent or more, with record trading and some exchanges experiencing technical difficulties. In past years, as we’ve scaled, overloads in busy periods have been a particularly frustrating issue for our users....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.) Humanity’s struggle to locate the easy button permeates all aspects of our existence. In the context of the financial...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 am an arbitrage trader at heart. In May 2013 brimming with my experience as a delta one trader,...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
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
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
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
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
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
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
Ben Radclyffe, 100x Group Commercial Director What we’ve seen in the traditional financial markets this week, and especially over the last 24 hours, should raise alarms for every investor. Significant moments like these often prompt a reckoning, and sometimes reform. The 1987 market crash saw the middlemen who controlled access to the market simply stop...Read More
Note: This piece was written by Vivien Khoo, Chief Operating Officer at 100x Group, the holding structure for the BitMEX platform. It originally appeared in the 2020 annual report for Global Digital Finance, the leading industry body championing the adoption of digital finance. We recently joined the Global Digital Finance Patron Board. — Vivien Khoo,...Read More
As part of our long-term partnership with Chainalysis, we are deepening our integration with this leading blockchain intelligence provider to bolster our ability to identify, investigate, and stop illicit transactions. By layering Chainalysis’ highly regarded KYT (Know Your Transaction) screening capabilities over our existing processes, we are broadening our compliance capabilities to continue to ensure...Read More
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...Read More
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...Read More
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...Read More
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....Read More
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...Read More
Source: The Grapes Of Wrath – 1940 I lack access to nightclubs and most other forms of revelry; therefore, I decided to become a crypto peasant. I’m farming the latest and greatest shitcoin DeFi projects. While I deride many of these projects as activity resulting in economic waste, there is an underlying proto-banking infrastructure that...Read More
