BitMEX is a crypto derivatives exchange offering services aimed at professional traders and institutions. It offers deep liquidity, high leverage and fee structures that include maker rebates, and specialises in perpetual swaps and futures on BTC and major altcoins. Note: service access is restricted in some jurisdictions, including the U.S.
Key features
Features aimed at professional users
Perpetuals and futures trading
BitMEX’s core offering centres on perpetual swaps and futures with continuous settlement and fee structures that vary by contract. The platform offers deep order books and customizable margin settings, which allow adjustment of margin and leverage options. Desktop access provides charting and multiple order types; mobile apps provide account monitoring and order entry.
API, custody and institutional features
BitMEX provides an API designed for low latency, bulk order execution and connectivity options. Automated risk controls and an insurance fund are part of its risk-management features, and institutional onboarding and unified reporting are offered for larger accounts.
Offerings
Summary
Key facts
- High-volume order books for major crypto pairs.
- Up to 100x leverage is available on select contracts.
- API access and charting tools are available.
- Fee structure varies by contract and account tier; maker rebates are available on some contracts.
Limitations and risks
- Steep learning curve for newcomers.
- Restricted in several jurisdictions (including the U.S.).
- Leveraged derivatives carry a high risk of losing money and can result in liquidation when positions move against users.