Is it safe to trade on bitmex??? - page 2.

ginellis

jr. member

Activity: 85

Merit: 2

Quote from: richcorner100 on September 25, 2018, 04:40:32 AM

I have seen in many trading signal telegram channel was promote and use Bitmex, and also i have seen many youtuber also promote it, that prove if this platform really legit and the founder of Bitmex Arthur Hayes has good marketing strategy to increase number of trader. Deposit and withdrawal is safe but margin trading with high leverage is not really safe.

I guess anyone who wants to go into marginal trading should always know what they are in for in the first place before even making the attempt. One thing a lot of people tend not to realize is that marginal trading when it comes to getting liquidated easily is a lot riskier than normal style of trading, but as they always say, the more the risks, the more the potential to profit much.

Nevertheless, bitmex is a good platform that has been thriving over the years as a good leveraging platform, so in terms of safety when it comes to security, as long as the individual make use of the added security features, they should be fine but if it is about safety of not getting liquidated, that is based on each individual's knowledge.

richcorner100

full member

Activity: 616

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https://exip.live/

I have seen in many trading signal telegram channel was promote and use Bitmex, and also i have seen many youtuber also promote it, that prove if this platform really legit and the founder of Bitmex Arthur Hayes has good marketing strategy to increase number of trader. Deposit and withdrawal is safe but margin trading with high leverage is not really safe.

Xuantu9xz

newbie

Activity: 24

Merit: 0

BitMEX is a Bitcoin platform and other Bitcoin based Bitcoin generators. BitMEX is a wholly-owned subsidiary of HDR Global Trading Limited, which was formed in 2014 by three financial, commercial and technical specialists, including Arthur Hayes (CEO), Samuel Reed (CTO) and Ben Delo (COO). BitMEX was officially launched on November 24, 2014, was one of the first trading platforms at the time. BitMEX is one of the oldest and most trusted Bitcoins

wayaneka

full member

Activity: 644

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Bitmex is legit trading platform and they was earn amillion dollar profit from trading fee, I have seen their CEO Arthur Hayes on CNBC and he look very professional. Bitmex is platform for futures crypto trading and i think now become the biggest exchange for this kind of trading.

micle222

sr. member

Activity: 784

Merit: 255

As far as I know, Bitmex is from the UK and it's great to exchange when a British classmate is open to Cryptocurrency.
There are many channels in Telegram that open trading info for Bitmex.

I think Bitmex is safe enough to trade Bitcoin, Altcoins and Fiat.

clickerz

hero member

Activity: 1414

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Backed.Finance

Quote from: Angela28 on June 14, 2018, 02:37:54 AM

BitMEX is the best trading platform for Bitcoin traders at a time when prices are falling fast and prices are slow. It is a reputable and quality platform so choosing BitMex trading will be safe for you

For me bitmex is just fine. I do only trade on small amounts, so i do not worry or even scared if anything goes wrong. Also, I scattered my trading portfolio on different exchanges for easy arbitrage and spreading risks too.

Pamadar

legendary

Activity: 2982

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If we will based it according to review then most of the users/reviewers are giving positive feedback, better to use it using small portion of investment and try yourself being familiar inside, experience will dictate if you can use this exchange with your comfort or you need to use other exchange instead, regarding to your question about bot, I notice that in most exchange they are really playing around inviting traders to ride with them and without a notice you will be trapped and be eaten alive, so be very careful investing.

Vannie12

full member

Activity: 630

Merit: 130

Safe but never said that it is not risky. For beginners try to learn first. I think that Bitmex is a good trading exchange. Though there are just limited alts that can be used, it is pretty neat and organized. Details are very helpful and you can actually learn about technical analysis. You can improve you skills in trading in bitmex in my opinion.
I think Bitmex provides all the details needed to observe the market movement.
Do not worry about Bitmex, no douubt that this is a good one. Better learn first before entering trading.

Angela28

newbie

Activity: 168

Merit: 0

BitMEX is the best trading platform for Bitcoin traders at a time when prices are falling fast and prices are slow. It is a reputable and quality platform so choosing BitMex trading will be safe for you

rommelzkie

full member

Activity: 294

Merit: 125

Quote from: sagybtc on June 12, 2018, 12:29:14 PM

Is it safe to trade on bitmex?

1) I have experienced most of the times that the liquidation occurs very often and this rises a question if bitmex is real or fake.The second reason is whenever the market is down or hitting low prices the drop in bitmex is very huge compared to other exchange.This points really rises a doubt in my mind regarding the reliability on bitmex. Roll Eyes

2) I am not sure if trading bots on bitmex are real or not. Huh

I do trade on Bitmex and i can say that it is safe. You can create Long and Short positions there for BTC,ADA,BCH ,ETH and EOS token

The platform is so complicated for newbies. try the demo first before plunging into real money https://testnet.bitmex.com

Bitmex also offers 100x leverage for every Long or Short Positions. This is great for professional traders. If you are newbie in trading i suggest you trade first on simple exchanges like binance or bittrex.

do not jump into Bitmex Margin Trading if you dont know how to use the leverage and their platform. goodluck

congnghi100

newbie

Activity: 85

Merit: 0

I think there are some good exchange: Poloniex, Bittrex, Binance... I use 3 this exchange to trade crypto coin.

TMAN

legendary

Activity: 1414

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Exchange Bitcoin quickly-https://blockchain.com.do

read up about MTGox and then tell us the answer to your own question!

Idrisu

sr. member

Activity: 924

Merit: 260

Quote from: sagybtc on June 12, 2018, 12:29:14 PM

Is it safe to trade on bitmex?

1) I have experienced most of the times that the liquidation occurs very often and this rises a question if bitmex is real or fake.The second reason is whenever the market is down or hitting low prices the drop in bitmex is very huge compared to other exchange.This points really rises a doubt in my mind regarding the reliability on bitmex. Roll Eyes

2) I am not sure if trading bots on bitmex are real or not. Huh

It is very safe to trade on bitmex and I have never had any fraudulent activity about them. I don't used bots to trade because I highly regard my own analysis and knowledge about trading. However we should all know that if you are dealing with the third party there is always little risk involved and you should risk your daily living money.

trumper

full member

Activity: 406

Merit: 102

It is not safe to trade on all of centralized exchanges and I think it is much more risky to trade on less known, low volume exchange.

sagybtc

jr. member

Activity: 44

Merit: 1

Quote from: ShadowBits on June 13, 2018, 04:34:18 AM

Quote from: sagybtc on June 12, 2018, 12:29:14 PM

Is it safe to trade on bitmex?

1) I have experienced most of the times that the liquidation occurs very often and this rises a question if bitmex is real or fake.The second reason is whenever the market is down or hitting low prices the drop in bitmex is very huge compared to other exchange.This points really rises a doubt in my mind regarding the reliability on bitmex. Roll Eyes

2) I am not sure if trading bots on bitmex are real or not. Huh

I am already using Bitmex for my tradings, and I approve it. You are able to trade with caution and will not be liquidated if somethings went wrong like a sudden sell off.

I observed one thing that usually when there is a pump in market the coin in bitmex usually costs higher compared to other exchange(s) and during the dump they end up landing at same price.

sagybtc

jr. member

Activity: 44

Merit: 1

Quote from: ajqjjj on June 13, 2018, 04:24:02 AM

Quote from: sagybtc on June 12, 2018, 12:29:14 PM

Is it safe to trade on bitmex?

1) I have experienced most of the times that the liquidation occurs very often and this rises a question if bitmex is real or fake.The second reason is whenever the market is down or hitting low prices the drop in bitmex is very huge compared to other exchange.This points really rises a doubt in my mind regarding the reliability on bitmex. Roll Eyes

2) I am not sure if trading bots on bitmex are real or not. Huh

Bitmex is a popular trading site because many sites are give the positive feedback of this exchange but you should research your own you will understand the exact information because user rating is 2.9 and many users are give negative feedback of this site so I am not prefer this site you should use Binance or bitterex your investment is 100 percent safe.

I really don't doubt it's popularity ,but according to my observations I think that some times the price fluctuations are done purposefully whereas i am pretty much confident about Binance and Bittrex.

ShadowBits

hero member

Activity: 994

Merit: 504

Quote from: sagybtc on June 12, 2018, 12:29:14 PM

Is it safe to trade on bitmex?

1) I have experienced most of the times that the liquidation occurs very often and this rises a question if bitmex is real or fake.The second reason is whenever the market is down or hitting low prices the drop in bitmex is very huge compared to other exchange.This points really rises a doubt in my mind regarding the reliability on bitmex. Roll Eyes

2) I am not sure if trading bots on bitmex are real or not. Huh

I am already using Bitmex for my tradings, and I approve it. You are able to trade with caution and will not be liquidated if somethings went wrong like a sudden sell off.

ajqjjj

hero member

Activity: 1498

Merit: 507

Not your Keys, not your Bitcoin

Quote from: sagybtc on June 12, 2018, 12:29:14 PM

Is it safe to trade on bitmex?

1) I have experienced most of the times that the liquidation occurs very often and this rises a question if bitmex is real or fake.The second reason is whenever the market is down or hitting low prices the drop in bitmex is very huge compared to other exchange.This points really rises a doubt in my mind regarding the reliability on bitmex. Roll Eyes

2) I am not sure if trading bots on bitmex are real or not. Huh

Bitmex is a popular trading site because many sites are give the positive feedback of this exchange but you should research your own you will understand the exact information because user rating is 2.9 and many users are give negative feedback of this site so I am not prefer this site you should use Binance or bitterex your investment is 100 percent safe.

manggis97

member

Activity: 476

Merit: 10

Bitmex is exchange that allow to make profit by open long and short position / buy and sell with margin with purchase contract, this exchange is very popular because has high volume and offer better liquidity. I used this exchange too, and they really legit and their order book is real. The founder of this exchange been show in CNBC that mean that exchange also popular.

sagybtc

jr. member

Activity: 44

Merit: 1

Quote from: Aveatrex on June 12, 2018, 01:48:33 PM

Quote from: sagybtc on June 12, 2018, 12:29:14 PM

Is it safe to trade on bitmex?

1) I have experienced most of the times that the liquidation occurs very often and this rises a question if bitmex is real or fake.The second reason is whenever the market is down or hitting low prices the drop in bitmex is very huge compared to other exchange.This points really rises a doubt in my mind regarding the reliability on bitmex. Roll Eyes

2) I am not sure if trading bots on bitmex are real or not. Huh

I don't personally know this exchange but after a bit of research it's alexa rank is ~7200 which means it's popular also with searching for reviews there couple of well-known websites that reviewed it positively.
Exemple: 99bitcoins
Blockonomi
I hope this answers your question
Regards

You getting me wrong i know bitmex is popular treading site but m not talking about rank or popularity. Read my question again, you will get it.

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