BitMEX is a reliable platform for professional traders, providing high liquidity and security. However, users report high fees and issues with withdrawals.
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This tool is designed for professional traders as well as for those who are just starting out, and it allows for cryptocurrency exchange operations. Users can both trade with high leverage and store their crypto assets in their accounts. The homepage provides all the necessary information about working with the platform, although due to the large volume of data, it can be difficult to navigate. The site has a high level of detail.
A small amount was credited to my account as a trial option, since I had never dealt with cryptocurrencies before. My personal account was blocked for made-up reasons. I haven't been able to get my money back for a week; they are demanding absurd documents, including some kind of declaration for the current period, even though I, as an individual, do not submit any declarations (even if individuals working as self-employed do submit declarations, it happens at the end of the tax period, that is, after the year is over). Be careful when choosing an exchange and beware of investing here!
The withdrawal fee for Bitcoin here is just awful - 0.001 BTC. Do you really need that? And that's not to mention the terrible trading interface; after using exmo, I was completely baffled by how anyone could trade here at all. This service is only suitable for experienced traders who want to set up automated algorithmic trading through the exchange's API and special programs. I strongly do not recommend it.
Fraud and deception, withdrawing the deposit is impossible. I contacted support, but they just give standard replies and have no intention of processing withdrawals. It's a very questionable organization. You can deposit funds easily, but there are huge problems when it comes to withdrawing. I do not recommend dealing with them.
On social media and dating sites, they lure you into a marketplace, just like on ********, but unfortunately, many don't pay attention to the name of the site. The provided link offers registration, just like on ********, but these are scammers. When exposed, they don't change their numbers or profiles on Instagram and dating sites; they shamelessly continue their activities. Here’s one of the numbers that likely belongs to their managers who attract "victims": +1 (856) ***-**39. They claim to be called ********, supposedly living in France, but in reality, they are from Hong Kong.
The exchange has huge transaction fees that can eat up any profit at the start. Additionally, there are sometimes delays in executing trades, which can be catastrophic in conditions of high volatility. Is that not enough? Plus, payment blocks happen constantly — naturally, for withdrawals (there has never been any for deposits). If after all this you still want to register — go ahead, no questions asked!
The BitMEX trading platform is quite complex (I've tried various exchanges, no less than 20), but it's one of the most functional applications. For experienced traders, this is a big plus, but beginners may find it difficult to navigate due to the multitude of tools and options. By the way, it resembles the ******** platform. Despite its seriousness, there are occasional delays, and orders do not get executed (I encountered this twice in three months).
An interesting point: BitMEX offers leverage, including up to x100. There is also a convenient demo version, which is great for beginners and testing strategies. I registered in 2019, and since the end of August 2020 — (note, just six years after BitMEX launched in 2014) — the exchange began conducting identity verification for traders before registration. So be prepared for verification. As for the complexity — I can't say. I was lucky to register earlier =)
Like ******, BitMEX offers the opportunity to trade futures or swaps. If you are familiar with these instruments, you can confidently start — experienced traders, both men and women, will find comfortable conditions here. It's an excellent choice for those who already have complex strategies. The platform mainly focuses on derivative financial instruments in cryptocurrency. You can only maintain a trading account in bitcoins. Leverage of up to 1:100 is available. The fees are quite low compared to other exchanges. Surprisingly, customer support works quickly and efficiently, which is often a weak point for crypto exchanges.
I've been trading on BitMEX since Arthur Hayes was in charge. The exchange has really changed; the interface has become much more user-friendly. I like this platform for its functionality and comfort. The withdrawal processing time is about 15 minutes, which is quite acceptable considering the high level of security. And the fees here are really low compared to the leading players in the market.
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