Trading on BitMEX may be a new experience for some users, given the products and types of products we offer. Click here to see the main differences between BitMEX and other competitors.
Traders should understand the margin terminology used on BitMEX.
BitMEX Futures
BitMEX offers perpetual futures.
Unlike futures contracts, perpetual futures have no expiry date, so settlement does not occur.
Perpetual futures have funding rates that occur every 8 hours. Users with positions at the funding rate timestamp either pay or get the rate.
When the futures contract is settled, all users’ positions will be settled according to the settlement price of the contract.
You can go long or short by buying or selling these futures. You can sell even if you don’t hold any contracts, making BitMEX an invaluable shorting tool.
Margin Trading
BitMEX offers up to 100x leverage on certain products.
This means that you can buy a contract worth up to 100 bitcoins and back it with just 1 bitcoin.
But be careful – high leverage can accelerate profits, but it can also accelerate losses.
BitMEX adopts an automatic liquidation mechanism.
This means that, in some rare cases, if the liquidation order cannot be executed in the market, a profitable leveraged position may be reduced.
Start Margin Trading on BitMEX
Please check BitMEX official website or contact the customer support with regard to the latest information and more accurate details.
BitMEX official website is here.
Please click "Introduction of BitMEX", if you want to know the details and the company information of BitMEX.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...