BitMex is a Bitcoin trading platform and Bitcoin based Bitcoin. In addition to Bitcoin, other virtual currencies on BitMex are derivative virtual currency, which inherits the value of the entity virtual currency, the altcoin code itself on BitMex has no intrinsic value, Concerned about Bitcoin.
The platform of BitMex helps traders predict the price of bitcoin, altcoin and profit from it. This is like you "bet" on a coin increase / decrease, but you do not actually buy or sell coins for profit like regular trading floors.
The BitMEX platform allows you to trade margin (Long / Short) in addition to the conventional Buy / Sell method combined with leverage up to 100 times.
Participation on BitMex is similar to the Bitcoin futures contract on the Wall Street CBOE and CME. The only advantage is that the BitMex contract has no term and you are not afraid to lose position.
BitMex reference prices will be available from both BitStamp UK and GDAX.
PROS
Well Established
Trustworthy & Secure
High Volume Exchange
Margin Trading Options
Advanced Trading
Advanced margin trading services
Transparent operation
Extremely low fees
up to 100x leverage
Available futures and derivates trading
High leverage
Many advanced features
Good liquidity
CONS
No Fiat Payment Options
Not for Beginners
Not for beginners
High Withdrawal Fees (0.001 BTC)
Complicated interface
REGISTER BITMEX WITH 10% FEE DISCOUNT