What is BITMEX? Introduction of the Exchange
As crypto's popularity continues to skyrocket, more people are flooding the field, looking for ways to build their portfolios through trading. Generating sustainable income, securing it against a range of possible cyber threats, and staying ahead of the curve in crypto's world is possible. Nonetheless, you need to be aware of various solutions in the competitive market, understand various mechanisms, and make informed decisions, not simply following the crowd.
As you research, reading various user inputs is essential. For instance, a quick look at Bitmex review, one of the popular solutions in the market, can help you choose it for your trading endeavors. Let's take a quick look at Bitmex and why its popularity continues to grow by the day.
Introducing Bitmex
Bitmex, short for Bitcoin Mercantile Exchange, offers a peer-to-peer trading platform. The platform offers leveraged contracts bought and sold in Bitcoin, a popular cryptocurrency that continues to be users' favorite. While Bitcoin might like the only cryptocurrency Bitmex supports, it also offers others that make it a favorite. The top cryptos supported include Ethereum (ETH), EOS Token (EOS), Litecoin (LTC), Cardano (ADA), and Ripple (XRP). Bitcoin is available in XBT and Bitcoin Cash (BCH).
What propels Bitmex Popularity?
While navigating the crypto world, the top considerations that drive people away are security concerns and complex mechanisms. Bitmex addresses the worries by offering simplified processes and solid security measures, features that continue to attract more investors, from beginners to crypto pros. It gets better; Bitmex offers 100X leverage, a feature that makes trading a lot more productive. Bitmex offers a range of leverages for different crypto, among the top, including traditional futures, perpetual, upside profit, and downside profit contracts.
Signing up for Bitmex is a straightforward process, and you can deposit immediately after registering. Bitmex offers a multi-purpose solution, as you can buy, receive, and send crypto all under one roof. The best part is that you don't have to download any software as it is web-based. You also won't have to deal with hardware configurations to get started, a concern that derails most people's endeavors to join the crypto trading world, especially those that aren't tech-savvy.
You can access Bitmex with your mobile devices without having to download an app or buy additional hardware. Such simplicity doesn't mean that your Bitmex is susceptible to cyber threats. Among the measures that Bitmex employs to keep your assets safe is 2-factor authentication (2FA). Setting up a strong password is a no-brainer in today's tech-driven world. Bitmex combines this with multi-signature and 2FA check, ensuring that unauthorized access that could jeopardize your assets' safety is considerably lowered if not eliminated.
Bitmex strives to offer the users a seamless experience. Among the measures they employ to ensure that you experience the best services is 24/7 customer support availability. Bitmex utilizes various communication channels to support its users, ranging from the support ticketing system, Wechat, Twitter, Reddit, Telegram, and Weibo, to mention a few. While navigating the crypto world can be challenging, with the best services such as Bitmex, you can comfortably learn the ropes, safely store your assets, and trade to boost your portfolio.