Bitmex Exchange Description
- A distinctive feature of the platform is the ability to earn not only on growth, but also on the fall of cryptocurrencies. You need to understand that Bitmex is not a type of regular exchange, where you deposit your bitcoins and other cryptocurrencies, and then trade it. Here the principle of operation is such that you bet on lowering or increasing the value of the asset, in our case bitcoin and several top cryptocurrencies.
- Margin trading. Ability to trade with leverage up to x100. Having $ 1000 on the balance sheet you can operate with trading volumes up to $ 100,000, thanks to this you can quickly increase your capital, however, do not forget that there are serious risks of losing the entire deposit.
- All trading is carried out in the equivalent of Bitcoin, all transactions, deposit and withdrawal of funds — also in Bitcoin. DO NOT DEPOSITS MONEY on Bitmex with other altcoins, only BTC.
- There is no need to verify identity. No matter how strange it may seem, you can trade anonymously and have an unlimited number of accounts. On the other hand, it would be more surprising to have to go through the process of confirming your identity on the exchange, where you can replenish the balance and make a withdrawal only in bitcoins — an exclusively anonymous cryptocurrency.
- Technical support in touch with customers 24 hours a day, 7 days a week. The average response time is about one hour. This is fast enough compared to other trading platforms, whose users can wait weeks for an answer.
- Withdrawals are made once a day. For security reasons, the exchange does this manually. The conclusion is carried out closer to the evening Moscow time.