BitMEX alternatives? - page 3. | Bitcointalksearch.org

exstasie

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Quote from: jackg on August 16, 2019, 07:02:31 AM

Try bybit? I think it's better than bitmex as you can use a % on increases so you can stop at 25% profits and set stop losses at 5 or 15%.

The OP is looking for US-friendly exchanges. Bybit prohibits trading from the US, same as Bitmex and Deribit.

Quote from: ethereumhunter on August 16, 2019, 11:25:15 PM

How about huobi? Because in a few years ago, I used Huobi before I found bitmex, but I don't know what is happening now. Maybe you can visit on their site on hbg.com because huobi global has been changed now.

Huobi Global gave US traders the boot. They have a US-facing site now (huobi.com) but there is no leverage at all.

Quote from: SvonioneFromMangoCoinz on August 17, 2019, 12:07:30 AM

You can go to Binance, which is a great exchange and a high leverage. A special thing is that the liquidity is also very high.

Binance doesn't allow US traders to use margin and in fact is kicking them off the site entirely next month.

Looks like there are no Bitmex alternatives for US traders....

joniboini

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Quote from: Allbek on August 17, 2019, 04:02:24 AM

Try trading at STEX Exchange. This is a good alternative to Bitmex.

Since when Stex support margin trading? If OP's looking for altcoin trading site then there's a bunch of them, but even though that is the case, I wouldn't recommend Stex either.

Bitmax also supports margin iirc, and last time I checked they don't require KYC, at least if you don't do a lot of tx.

Seems like margin traders are having a hard time right now if you come from the US. Let's hope Bakt could change that (if they really start in September).

Allbek

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Try trading at STEX Exchange. This is a good alternative to Bitmex. I have been trading there recently, about 580 altcoins, 2fa, support is responsive, the exchange interface is nice, if you are going to work with fiat, you have to verify it, but you don’t need to verify the crypt. Exchange creators from Estonia like (this is EU jurisdiction).

SvonioneFromMangoCoinz

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https://streamies.io/

You can go to Binance, which is a great exchange and a high leverage. A special thing is that the liquidity is also very high.
Besides, at binance you should only order Long, don't order Short.
Order to order Short is very high.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

How about huobi? Because in a few years ago, I used Huobi before I found bitmex, but I don't know what is happening now. Maybe you can visit on their site on hbg.com because huobi global has been changed now.

How if you use private VPN to access bitmex so you can do leverage trading as in bitmex. About the KYC, I think every big exchange now applied the KYC, and we cannot deny that. Besides that, the KYC is something that we can not avoid right now because the exchange wants to know their customer to prevent the money laundering.

iamsether

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Quote from: jackg on August 16, 2019, 07:02:31 AM

Quote from: papashark on August 16, 2019, 05:40:31 AM

Disclaimer: I have been trading on BitMEX for a year.

Try bybit? I think it's better than bitmex as you can use a % on increases so you can stop at 25% profits and set stop losses at 5 or 15%. There's also no server overload errors atm and an autoreleveraging system so you can keep your position if it goes past the liquidation price which I find helpful.

lol the bybit shilling is stronk that we better call it shillbit. They pay some lowlifes to shill on twitter and here and they expect people will believe the crap. I doubt if some of these 'influencers' actually do margin trading at all. For example, stop loss function is available on almost every single futures exchange i.e. bitmex deribit basefex. Whoever claims it is some revolutionary innovation developed by shillbit can only be a shill who doesn't trade futures at all. In fact basefex probably has the most interesting function of this type because their 'trigger' can do more things than others equavalents.

Source: https://blog.bitmex.com/stop-limit-orders-now-supported/ https://www.youtube.com/watch?v=hXseGaVb4js https://www.basefex.com/trade/BTCUSD

exstasie

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Quote from: jackg on August 15, 2019, 08:10:33 PM

This site suggests Deribit and quedex (as avaliable in the US) : https://www.bitcoinmarketjournal.com/bitcoin-options/

Quote from: bitcub on August 16, 2019, 03:34:35 AM

Deribit.com is legit as long as BTCUSD and ETHUSD pairs suffice your needs.

Deribit prohibits US traders, same as Bitmex: https://www.deribit.com/pages/docs/terms-of-service

Quote

Any resident or citizen of the United States of America is prohibited from using the Website, holding positions or entering into contracts at Deribit.

Deribit reserves the right to immediately close any of your accounts and liquidate any open positions if it is determined that you have provided false information about your location or place of residence.

I'm pretty sure there are no legit (good liquidity) high leverage derivative exchanges for US traders. Kucoin just launched a 20x platform called Kumex that seems to operate with the same terms (US traders allowed, no mandatory KYC) but the order books are crazy thin.

2xHR

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Deribit has been operating since 2015

quedex

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I'm a representative of Quedex, let me clarify a few things:

We don't accept US customers.
We have a requirement to complete basic KYC during onboarding.
We are constantly working on improving liquidity and UI - we welcome any specific feedback you may have. The liquidity is already pretty decent - you can most of the time execute thousands of contracts within ~20bps spread and it will improve significantly soon.
We've been just awarded a Gibraltar licence: https://cointelegraph.com/news/gibraltar-grants-first-crypto-derivatives-license-to-local-exchange, and strive to provide a transparent and orderly place to trade crypto derivatives - as this milestone has been completed, we are planning to continue improving liquidity and expanding operations.

Quote from: papashark on August 16, 2019, 05:40:31 AM

I am not so sure of this Quedex. I took a look at it and found that liquidity was practically non-existent. The latest transactions can be from a few hours ago. And I do not know if my eyes are too sensitive or what their trading interface is a pain in the ass.

Disclaimer: I have been trading on BitMEX for a year.

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: papashark on August 16, 2019, 05:40:31 AM

Disclaimer: I have been trading on BitMEX for a year.

Try bybit? I think it's better than bitmex as you can use a % on increases so you can stop at 25% profits and set stop losses at 5 or 15%. There's also no server overload errors atm and an autoreleveraging system so you can keep your position if it goes past the liquidation price which I find helpful.

papashark

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I am not so sure of this Quedex. I took a look at it and found that liquidity was practically non-existent. The latest transactions can be from a few hours ago. And I do not know if my eyes are too sensitive or what their trading interface is a pain in the ass.

Disclaimer: I have been trading on BitMEX for a year.

bitcub

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Deribit.com is legit as long as BTCUSD and ETHUSD pairs suffice your needs. Basefex.com can also do if you don’t mind a smaller volume and/or you are interested in more altcoin pairs.

Quote from: 300pips on August 15, 2019, 07:51:31 PM

BitMEX has banned all US residents so I am looking for alternatives that allow high leverages and require no KYC. Thoughts?

crwth

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I think Deribit is good. I have heard a lot of good things with ByBit but haven't tried the exchange so I can't say first hand the experience but there are a lot of good things for sure. One thing that I have read about ByBit is that you could adjust the SL when you are adding position size.

khufra

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KYC gives me a headache. Do you think quedex and deribit good?

Quote from: jackg on August 15, 2019, 08:10:33 PM

Bitmex and bybit are the only well recommended ones with high leverages. Can you not just use tor to connect to them?

If not, binance does do a bit of leverage if you get on the scheme. Companies like plus500 seem to always be advertised too for cfd trading...

This site suggests Deribit and quedex (as avaliable in the US) : https://www.bitcoinmarketjournal.com/bitcoin-options/

jackg

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https://bit.ly/387FXHi lightning theory

Bitmex and bybit are the only well recommended ones with high leverages. Can you not just use tor to connect to them?

If not, binance does do a bit of leverage if you get on the scheme. Companies like plus500 seem to always be advertised too for cfd trading...

This site suggests Deribit and quedex (as avaliable in the US) : https://www.bitcoinmarketjournal.com/bitcoin-options/

300pips

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BitMEX has banned all US residents so I am looking for alternatives that allow high leverages and require no KYC. Thoughts?

Topic: BitMEX alternatives? - page 3. (Read 5047 times)