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Topic: [ANN] Live On BitMEX: 25x Leverage Bitcoin Futures, Free Trading, And A New UI (Read 794 times)

hero member
Activity: 756
Merit: 500
I placed my first trades here today. I like the platform and the 'speculation' contract quite a bit. Even placed an order for the volatility contract ... we'll see how that works out, lol. But seriously, All that lacks is some volume. (Options-on-futures would be nice too, but those are not in the cards I know ...)

Yeah the volatility contracts have very little volume and low spreads. Also it's a bit harder to grasp the understanding. One thing to note is that when it goes up it goes up more.
hero member
Activity: 1120
Merit: 554
I placed my first trades here today. I like the platform and the 'speculation' contract quite a bit. Even placed an order for the volatility contract ... we'll see how that works out, lol. But seriously, All that lacks is some volume. (Options-on-futures would be nice too, but those are not in the cards I know ...)
hero member
Activity: 756
Merit: 500
Nice update. I've been trading on Bitmex occasionally and now that they're offering 25x leverage I'll probably use them more often. Hopefully others will to and we'll be able to see tighter spreads.

If you're new to Bitmex, I want to say that their XBT futures series is quite interesting. There's now something for everyone, hedgers, speculators who want high leverage, long and short range contracts (24 hours, monthly, quarterly, six month). What's interesting about the XBT Series which is structured differently then the futures on Okcoin. This way you'll make more when the price goes up, this results in quite a bit of premium and it's interesting because the market isn't completely sure what that is. There's also the BVOL where you can speculate on volatility, it's an interesting concept but it liquidity currently sucks.

Bitmex should also be an attractive place for market makers. There's a decent spread to profit from, no maker fees and there are also some badly written bots trading their  Cheesy.

The new trading interface also looks great.

Bitmex sign up link. Consider using my ref link, I actually won't be earning anything as their's 0% fees! Also I can answer some questions if you want.

EDIT: While you get 0% off for the first month, if you use my affiliate link you get 10% off fees for half a year afterwards.
newbie
Activity: 9
Merit: 0
The following are now live on BitMEX

25x Leveraged Bitcoin / USD Futures Contracts

Trade our speculation series (prefix XBT) contracts and enjoy up to 25x leverage. A position worth 100 Bitcoin, now only requires 4 Bitcoin of margin.

Free Trading Exchange-wide

From now until September 1, 2015, enjoy zero trading fees on all BitMEX products.

New Basic Trading Interface

Traders may now choose from a "Basic" and "Advanced" trading interface. If you prefer the old look of BitMEX, please choose the advanced option. Video Tutorial of the Basic UI

If you have any questions, please speak to us in the Trollbox, or email us at [email protected].

Best,
The Team at BitMEX
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