Why do people use BitMEX?

While it’s easy to get started and make your first trades, there is much to learn .

Introduction. BitMEX is a leading crypto derivatives exchange that enables traders and investors to buy futures and perpetual swap contracts on a wide range of cryptocurrencies . … Experienced and professional traders looking to execute crypto derivatives trading strategies will find what they need on BitMEX.

Cryptocurrency exchange BitMex, one of the world’s largest trading platforms for crypto derivatives, said Tuesday it will pay a $100 million penalty to settle civil charges with the Commodities Futures Trading Commission and Financial Crimes Enforcement Network , resulting in one of the biggest settlements ever against …

In short, BitMEX isn’t authorized by the Commodities Futures Trading Commission (CFTC) . Since it doesn’t have a license, you can’t use their services in the US – unless you get an IP address from a country where BitMEX is accessible.