In the field of digital currency trading, the BitMEX trading platform has always attracted much attention. As a well-known digital currency exchange, BitMEX attracts global investors with its unique trading model and rich trading varieties. However, as the digital currency market continues to develop, people have also raised more questions about the reliability and security of the BitMEX trading platform. This article will comprehensively introduce the BitMEX trading platform, conduct an in-depth analysis from its features, advantages to security, and help readers better understand this trading platform.

According to blockchain data, BitMEX exchange currently has assets of US$3.2 billion, a total of 14 trading pairs, a total of 8 currencies, and a 24-hour turnover of US$1.45 billion. According to these data, although the BitMEX trading platform only supports futures For trading, there are still many investors who choose BitMEX exchange for trading. However, for newbies in the currency circle, it is very important whether the exchange is reliable. So, is the BitMEX trading platform reliable? Below, the editor of the currency circle will give you a detailed introduction to the BitMEX trading platform.

 Is the BitMEX trading platform reliable?

BitMEX exchange was established in 2014 and is also the world's largest digital currency derivatives trading platform. The exchange platform is strong, with very good contract trading volume and depth. It also provides Bitcoin products with up to 100 times leverage. BitMEX adopts the latest multi-factor security mechanism from the inside out, with high security performance. This exchange has received investment from well-known investment institutions in the currency circle such as Danhua Capital, Bitmain, and Matrix Partners China.

The biggest feature of this exchange is that all products are bought and sold using Bitcoin, and all profits and losses are calculated in Bitcoin, even if you are buying or selling contracts of other digital currencies. It is also the first exchange to launch perpetual contracts. And there is no need to worry about rolling the position at some point in the future. There are many differences from many competitors. During the transaction process, the price index of the underlying asset is used for margin calculation, rather than the latest transaction price. This effectively prevents malicious traders from manipulating the order list to cause erroneous forced liquidation.

Contracts are tempting in the market, but we ordinary people are still not suitable for this kind of platform. The current high leverage and futures in the market are high risks, and people with capital and expertise are suitable to operate on this platform.

Generally speaking, this exchange is pretty good in terms of strength, operation team, and security technology. However, the products on the platform are high-risk and not suitable for us ordinary investors to participate. Investors who like to play with contracts and have certain professionalism can still try it. try.

 BitMEX exchange founding team:

BitMEX’s founding team consists of the best experts in finance, web development and high-frequency algorithmic trading.

1. Co-Founder and CEO-Arthur Hayes

Arthur graduated from Wharton School with a major in economics and worked as an equity derivatives trader in Hong Kong after graduation. He is a market maker for Deutsche Bank and Citibank's international exchange-traded fund (ETF) businesses. At the same time, he has extensive experience in the trading fields of stock index futures, forwards, swaps and non-deliverable forward foreign exchange. Arthur has a deep understanding of how to structure and trade financial derivatives.

2. Co-founder and Chief Technology Officer-Samuel Reed

Samuel graduated from Washington and Lee University with a degree in Computer Science. He has more than ten years of professional programming experience. Sam has served as the Chief Technology Officer of two technology companies (Tixelated and Global Brand Solutions of Hong Kong). He has also contracted web application projects for many other companies. Sam's primary area of expertise lies in building modern real-time web applications and interfaces, and he is a frequent contributor to open source projects.

3. Co-Founder and COO-BenDelo

Ben graduated from Oxford University with an MA in Mathematics and Computer Science with First Class Honors. He has more than ten years of development experience in high-frequency trading systems. He once worked at JP Morgan Investment Bank and IBM, mainly using KDB+/Q technology. His expertise covers the design, architecture and implementation of quantitative trading systems and tools.

Through the above introduction, I believe everyone has an understanding of the BitMEX trading platform. Regardless of whether investors choose the BitMEX trading platform or not, buying digital currencies needs to be taken seriously. You cannot choose a trading platform at will. After all, small trading platforms are easy to be deceived and are more likely to appear. Even if you lose all your money, of course you have chosen the right trading platform. When investing, you must also be cautious and calm. Only in this way will you avoid unnecessary losses due to blind investment. If you want to know more relevant knowledge, you can follow the currency circle. The editor of the currency circle will continue to update relevant reports in the future!