BitMEX Coupon – Discount Code
Today, we will be looking into one of the busiest trading platforms in the industry today. BitMex.com has been providing services to traders since 2014. The company is based in Hong Kong, China and is being operated and owned by HDR Global Trading Ltd. At the time this review is being written, they have already traded $34.87 Billion worth of Bitcoin this year! Let us move forward and know more about this website.
Creating an Account and Trading
How does one create an account here at BitMex.com? Well, it’s so easy to create an account. All you need to do is provide all the requirements like email address and etc. After completing the registration form, a confirmation email will be sent out to the registered email. Once confirmed, you will then be able to log into their website without any problems.
When it comes to trading, I’m just going to come straight at you, it wasn’t built for newbies. Yes, the trading interface is cluttered with numbers and graphs! But don’t worry, all you need to focus on is the side panel located on the left-hand side of the account page. Here you will be able to see all the information needed for your trade. This is also where you are able to purchase positions and pairs depending on what you want to trade. Here at BitMex.com, they allow up to 1:100 leverage (which is huge, better than most platforms today).
I’m sure the first visit would be difficult for a new trader. Good thing that they have trading guides for you to follow which can be viewed through this link.
Deposits and Withdrawals
As easy as you are able to create an account, it wouldn’t be a problem if you decide to deposit money into your trading account. All you need to do is log in and head on to your account tab. Minimum deposit is 0.001 XBT and the withdrawal fee is 0.002. Even though there is a withdrawal fee, there is no limit of how much you are able to withdraw with them in a single transaction.
How do they make money? That is covered with the trading fees which you are able to read here.
How about customer support? What do they have to help us out? You are able to contact BitMex.com’s support through Social Media, a ticket system, or by sending them an email.
Pros and Cons
- Offers Futures and Derivates
- Good Options
- Trading Features
- Trading interface is not for beginners
BitMex.com is an unregulated trading platform since it handles Bitcoin. And as we all know, when it comes to general Bitcoin transactions, these are “untraceable” which means that there is no governing to regulate them. If that is okay with you then this website is not so bad at all. They also have tutorials and all the features to make your trades easier and fast.