ETH Margin & Settlement A New Way to Trade is Coming to BitMEX

BitMEX will soon be announcing a new way to trade your favorite perpetual and futures contracts on BitMEX – with ETH for margin and settlement.

This change will open up new trading strategies and improve BitMEX’s overall versatility.

This is part of BitMEX’s ongoing focus on providing BitMEX’s existing and new users with more margin options beyond Bitcoin and Tether.

ETH-margined perpetual swaps and futures are now available on Testnet, where you can interact with a test market.

You can also deposit ETH (or buy ETH through spot , exchange or buy cryptocurrency) into your mainnet account before ETH margin and settlement land on BitMEX’s exchange.

The introduction of ETH Margin follows last week ‘s BitMEX Spot spot launch, allowing traders of all types to buy, trade and sell cryptocurrencies on BitMEX’s brand new, easy-to-use trading interface.

Seven of the most popular cryptocurrencies – including Bitcoin and ETH – can be traded against USDT, with more coming soon.

Now, BitMEX Spot spot traders will be automatically entered into one of the biggest sweepstakes in the space.

For every $250 worth of cryptocurrency they trade, they qualify for a sweepstakes and a chance to win a share of a prize pool worth over $1 million.

For more information on this contest and BitMEX Spot Spot, check out all the details here.

Just like ETH margin, more changes are coming as they continue to strengthen BitMEX – they look forward to seeing you on the platform.

To be the first to hear about BitMEX’s contracts, new listings, latest product updates and releases, giveaways, connect with BitMEX on Discord, Telegram, and Twitter.

We encourage you to check BitMEX’s blog regularly as well.

Go to BitMEX Official Website