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Topic: Are there any Exchanges as good as Bitmex that support fiat or tether? (Read 342 times)

jr. member
Activity: 378
Merit: 2
In my opinion, other exchange are not that good compared to Bitmex, it is relatively advanced. You can definitely try Deribit it is a very good exchange with some good features.

If you have not reached another person's farm, you will think it is yours that is the biggest, are you kidding me? Bitmex where Binance is, i wouldnt say much, try binance, do your comparison and give me a feedback. Tongue
copper member
Activity: 287
Merit: 1
Have you check out Catex.io ? It is an exchange wherein there's a lot of advantages and the thing that I most liked here is there is no transaction fee, and the money that you should have spend on transaction fee would be turned into a CATT token (Token in their exchange).
full member
Activity: 1218
Merit: 112
In my opinion, other exchange are not that good compared to Bitmex, it is relatively advanced. You can definitely try Deribit it is a very good exchange with some good features.
full member
Activity: 504
Merit: 100
yeah your friend is right, I admit the Bitmex exchange is the best exchange but if the trading volume is still lacking compared to the binary exchange, but I think as time goes on it looks like there will be new exchanges with the same advantages as Bitmex, do you believe?
full member
Activity: 700
Merit: 101
indeed Bitmex is one of the exchangers that provides exchanges against USD. it's very safe, I've experienced it. so far I have not found a Bitmex type exchanger.
member
Activity: 420
Merit: 11
I used cryptopia earlier, but now I'm using changenow. It's supporting fiat (usd/eur) and a lot of currencies (tether is listed there too). It's quite safe and anonymous service

Yes, because cryptopia cannot be accessed anymore and they still investigate their problem. I don't think that there is any good exchange as Bitmex, but I don't know because I used Bitmex for leverage trading although I don't always make a good profit. So far, I use Binance and Bittrex to trade, and it's not like Bitmex, and we could only trade as usual, but it's enough for me to search for profit.
I also used Binance and Bittrex, but Bittrex blocked my account for several weeks without explaining the reason. I stopped using them and do not trust Binance. You should not keep a lot of money in your account, you can lose it once. I also use ChangeNOW as an exchange without registration, without risking my funds.
The last time on Binance a lot of exchanges are stopped on "awaiting approval" and it's very annoying. I'm planning to move fully on changenow
full member
Activity: 714
Merit: 100
I shouldn't share it but. Soon we will have quite good conditions for fiat as well.
jr. member
Activity: 59
Merit: 1
I used cryptopia earlier, but now I'm using changenow. It's supporting fiat (usd/eur) and a lot of currencies (tether is listed there too). It's quite safe and anonymous service

Yes, because cryptopia cannot be accessed anymore and they still investigate their problem. I don't think that there is any good exchange as Bitmex, but I don't know because I used Bitmex for leverage trading although I don't always make a good profit. So far, I use Binance and Bittrex to trade, and it's not like Bitmex, and we could only trade as usual, but it's enough for me to search for profit.
I also used Binance and Bittrex, but Bittrex blocked my account for several weeks without explaining the reason. I stopped using them and do not trust Binance. You should not keep a lot of money in your account, you can lose it once. I also use ChangeNOW as an exchange without registration, without risking my funds.
member
Activity: 141
Merit: 19
Hello,
I've been trading on Bitmex and the interface and trade orders are so advanced compared to the other exchanges I've used It's in a different league. Very impressive.
However, It doesn't seem a feasible exchange to trade on as a result of getting slapped with fees if you do the equivalent of 'converting to fiat/tether' by shorting the market with your capital.
So you need to be actively trading with it or not have it on there.
I'd prefer an exchange that has the option to buy or sell BTC. So I can cash out to fiat in-between each trade.

The other exchanges I've used Binance + Pro.Coinbase ..... plus many that I've seen. Only have basic Buy and Sell options:
You have:
1.) Buy/sell Limit
2.) Buy/Sell Market  
3.) Buy/sell Stop-loss

But on Bitmex, in addition to the above you also have:
1,) The ability to place a stop-loss order for a position Before you place a buy order. - Which for playing a tight stop is essential...
2,) Take profit orders. So you can take profit off a position without having to temporarily remove it's stop-loss due to a clumsy trading-engine/programming.

The two things above that Bitmex has that the others don't are essential to me.
There is Bitfinex however.. That exchange looks great, it has an expanded selection of order types like Bitmex.
Although it require's you to have 10,000$ minimum initial deposit to open an account. Which I don't have.

Can you think of any alternatives that have the two abilities: - # placing a buy order with a pre-defined stop-loss...  and keeping a stop-loss with a pre-defined take profit?
Also being able to edit the value of a bid/ask or stop  - simply by editing the value, instead of having to delete it and then re-open it with new value was so much easier... and less risky.
Thanks. G

I use Coinswitch.co to buy coins from fiat. One feature you will find similar to Bitmex that is they do not ask for KYC. Sharing the link check whether it reaches your needs or not. It fills all of my needs.
https://coinswitch.co/coins/tether/buy-tether-worldwide
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I used cryptopia earlier, but now I'm using changenow. It's supporting fiat (usd/eur) and a lot of currencies (tether is listed there too). It's quite safe and anonymous service

Yes, because cryptopia cannot be accessed anymore and they still investigate their problem. I don't think that there is any good exchange as Bitmex, but I don't know because I used Bitmex for leverage trading although I don't always make a good profit. So far, I use Binance and Bittrex to trade, and it's not like Bitmex, and we could only trade as usual, but it's enough for me to search for profit.
legendary
Activity: 1302
Merit: 1037
I haven’t found any other than the binance trading platform I have been using which I don’t think has ever disappointed me since they have the basic things I need for a successful trading and risk management.

I have heard of bitmex too and based on the things you laid down here, I think the exchange is worthy of trial but other than the 2 you listed aside bitmex, I don’t think there is any other existing exchange that has more trading facilities than them.
newbie
Activity: 23
Merit: 0
I used cryptopia earlier, but now I'm using changenow. It's supporting fiat (usd/eur) and a lot of currencies (tether is listed there too). It's quite safe and anonymous service
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
I wouldn't use Bitmex, they are super sketchy and trade against their own customers.  Bitmex is basically just a giant casino and the odds are against you.
Well you're right, Bitmex has a somewhat different arbitration, although they adjust it, but generally you have to handle yourself carefully in Bitmex.
member
Activity: 462
Merit: 11
Yes currently only little bit exchange that provide feature which we can use for stop loss and sell limit in single potition. In margin or spot trading , this feature should be added to minimize the risk and maximum the potential profit. I looking for this feature in many different exchange , and i just found crypto exchange that have that feature is Gate.io, they provide spot and margin trading in 1 platform.
full member
Activity: 630
Merit: 172
I wouldn't use Bitmex, they are super sketchy and trade against their own customers.  Bitmex is basically just a giant casino and the odds are against you.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Bitfinex allows FIAT, it is a very good and superior exchange, in fact, almost the most solid operations are carried out from there. It allows Bitmex to trade on the downside, not with so much leverage, and has a more modest arbitrage than bitmex.
hero member
Activity: 1022
Merit: 538
There is none according to my knowledge. But there are some exchanges (it's ICO project) which aims to build something similar to what you're trying to look for. It's called Bitozz, not sure how their progress so far though. I second the opinion to use a trading bot, it should help you to trade in other exchanges with more or less same experience when you trade in Bitmex.
Since the one you mentioned is still in development stage, one need to be careful with some of these upcoming exchanges that promises heaven and earth, they end of disappoint or not meet up to the standard laid in their whitepaper and with the rates at which crypto currency is gaining so much popularity in the world now.

There are lots of unprecedented number of new crypto exchanges also coming into existence which some are coming up to rip people off their money no matter all the promises made.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
If you think Bitmex is good to exchange, then why you need the other exchanges because I am not sure that the other exchange can give better services than Bitmex. But you can try to visit OKCoin because I already used that site before, but I do not feel good to stay in their sites.
In Bitmex, I think you don't have to complete KYC as the other exchanges, and you can start trading and use the leveraged to gain money in there.
Once I found that Bitmex can fill what I need, I never search for the other exchanges because I am not sure how good their services compare to Bitmex.
sr. member
Activity: 910
Merit: 351
There is none according to my knowledge. But there are some exchanges (it's ICO project) which aims to build something similar to what you're trying to look for. It's called Bitozz, not sure how their progress so far though. I second the opinion to use a trading bot, it should help you to trade in other exchanges with more or less same experience when you trade in Bitmex.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
I don't find any other exchange that has same feature as BitMex.

Why not try to use some trading bot that have this feature?
Sample trading bot is this one https://bitcointalksearch.org/topic/margin-terminal-over-25-spot-and-futures-exchanges-bots-and-more-1467939 this bot has stop loss feature in supported exchanges.

Or this one https://bitcointalksearch.org/topic/bot-btctradebotcom-automatic-bitcoin-altcoins-trading-bot-2128942
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