BitMEX

BitMEX

High-leverage crypto perpetual contracts trading

About BitMEX

Simplify's Rating
Why BitMEX is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Fintech

Cybersecurity

Crypto & Web3

Financial Services

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$65K

Headquarters

Seychelles

Founded

2014

Overview

BitMEX is a cryptocurrency trading platform that lets users trade digital asset contracts with high leverage. It focuses on Bitcoin and other major coins, enabling perpetual futures contracts (no expiry) and margin-based positions. The platform matches buyers and sellers in a peer-to-peer market and earns money mainly from trading fees charged on each transaction, with fees varying by contract type and leverage. It supports a robust API and a Testnet for practice trading. BitMEX differentiates itself by offering very high leverage (up to 100x on Bitcoin), a mature set of perpetual contracts, and strong security features designed to protect funds and data, appealing to experienced traders and institutions who want advanced trading tools. The goal is to provide a secure, high-leverage venue for professional and institutional crypto trading with reliable market access and programmable trading capabilities.

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Simplify's Take

What believers are saying

  • Algorithmic trading via Veles Finance democratizes systematic strategies for retail traders.
  • Hyperliquid copy trading captures 60%+ Perp DEX open interest without DeFi risks.
  • Mobile app redesign with gesture controls reduces execution friction for high-frequency traders.

What critics are saying

  • EU MiCA regulation forces BitMEX user exodus; Seychelles HQ fails compliance requirements.
  • Hyperliquid's dominance erodes BitMEX volume as traders migrate to decentralized platforms.
  • Bybit's $1.5B hack triggers parallel security incidents, mass withdrawals, regulatory probes.

What makes BitMEX unique

  • BitMEX pioneered perpetual swaps, now industry standard for crypto derivatives trading.
  • Institutional custody integration with Zodia removes security-liquidity tradeoff for large traders.
  • 24/7 cross-asset trading (FX, equities, crypto) unified under single crypto collateral.

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Funding

Total Funding

$65k

Above

Industry Average

Funded Over

0 Rounds

Benefits

Remote Work Options

Paid Holidays

Paid Vacation

Company Social Events

Flexible Work Hours

Company News

Ajoobz
Apr 21st, 2026
BitMEX taps Zodia Custody for off-exchange collateral trading.

BitMEX taps Zodia Custody for off-exchange collateral trading. April 21, 2026 - By Cointelegraph - Original BitMEX partners with Zodia Custody to enable off-exchange collateral trading, enhancing security and efficiency for institutional clients. Confidence: 80% Horizon: short-term Key numbers. * 1.4 billion * 2021 * 2025 Market drivers (micro). * Increased demand for secure trading solutions * Institutional interest in cryptocurrency derivatives * Need for improved capital efficiency Context (macro). * Growing regulatory focus on cryptocurrency custody * Lessons learned from past market failures affecting investor confidence Who wins / who loses. * Winners: Institutional traders seeking secure trading options * Losers: Traditional exchanges with less secure models Scenarios. Base The partnership will likely lead to increased institutional trading on BitMEX, enhancing market stability. Alt If security issues arise, it could deter institutional investors from using BitMEX. What to Watch next. * Monitor the adoption rate of the new trading model * Watch for regulatory developments impacting custody solutions * Observe market reactions to BitMEX's enhanced security measures Full analysis. BitMEX partners with Zodia Custody for enhanced trading security. BitMEX, a leading derivatives-focused cryptocurrency exchange, has announced a strategic partnership with Zodia Custody to enable off-exchange collateral trading for institutional clients. This innovative approach allows traders to maintain control over their assets while accessing BitMEX's derivative products, including perpetual swaps and futures. Key features of the partnership. The collaboration with Zodia Custody introduces several key features designed to enhance trading security and capital efficiency: * Segregated Custody: Traders can keep their collateral in Zodia's segregated vault, minimizing the risks associated with compromised exchange-held funds. * No Direct Transfers: Clients can trade derivatives without the need to transfer assets directly onto the BitMEX platform, which reduces operational complexities. * Cross-Collateral Usage: The integration supports the use of Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC) as collateral, providing flexibility for traders. Lessons from the past. BitMEX's CEO, Stephan Lutz, emphasized that this partnership is a response to the lessons learned from significant market failures, such as the FTX collapse and the Bybit hack. These incidents highlighted the vulnerabilities associated with unsegregated funds and the importance of robust custody solutions in the cryptocurrency space. The role of custody in crypto. Zodia Custody, launched in 2021 and backed by Standard Chartered, is an institutional digital asset custody provider that has secured regulatory authorization in Luxembourg. This partnership signifies a growing recognition of the importance of custody solutions in the cryptocurrency industry, paralleling traditional finance practices. Conclusion. As the cryptocurrency market matures, institutional players are increasingly seeking services that mirror those available in traditional finance. BitMEX's collaboration with Zodia Custody is a significant step towards enhancing security and operational efficiency in the trading of digital assets. This move not only aims to protect client funds but also to foster greater confidence among institutional investors in the cryptocurrency market.

The Associated Press
Mar 12th, 2026
BitMEX adds 10 US equity perps with $70K campaign prize pool

BitMEX has expanded its Equity Perps product suite with 10 new perpetual contracts tied to major US companies, including Microsoft, Google, Palantir and Broadcom. The contracts allow crypto traders to gain exposure to US equities using cryptocurrency as collateral, with up to 20x leverage and 24/7 market access. The exchange launched a trading campaign running until 12 April 2026, offering a 70,000 USDT prize pool. Verified users can earn rewards through trading volume, social media engagement and completing educational quizzes. BitMEX first introduced Equity Perps earlier this year, enabling traders to access traditional markets without fiat on-ramps or brokerage accounts. The expansion reflects growing interest in on-chain financial instruments among crypto-native traders.

MEXC
Mar 2nd, 2026
BitMEX Rolls Out Algorithmic Trading Tools via Veles Finance Integration

BitMEX rolls out algorithmic trading tools via Veles Finance integration. 2026/03/02 09:00 For feedback or concerns regarding this content, please contact us at [email protected] BitMEX is teaming up with Veles Finance to make algorithmic trading easier, cheaper and more approachable for everyday traders. The new integration plugs Veles's bot-driven automation directly into BitMEX's order book, so you can build, test and run strategies without babysitting charts or paying a monthly fee. The idea is simple: give traders tools that behave like a disciplined teammate. Veles's bots run 24/7 and execute trades according to rules you set, which helps remove the common human pitfalls, panic selling, jumping in because of FOMO, or messing with a strategy the moment it starts winning. The connection is built through API keys that do not grant withdrawal rights, so your funds stay on the exchange while the bots handle execution. This isn't just a plug-and-play black box. Veles provides fully customizable strategies so you can tune parameters to whatever market regime you expect. There's a built-in backtester as well, which lets you run your ideas over historical data before risking real capital. And because the integration supports both spot and futures on BitMEX, you can experiment with different approaches, hedges, momentum plays, or more complex systematic setups within the same workflow. Crucially, Veles doesn't charge a flat subscription; instead, it uses a pay-on-profit model, taking a commission only when trades are profitable, which aligns incentives with users. Backtested crypto trading automation. To make getting started less intimidating, BitMEX users will have access to a Special Starter Bot Collection, prebuilt strategies tuned for BitMEX's market mechanics. Each starter bot comes with a one-year snapshot showing trade count, average time in trade, net PnL and drawdown numbers so you can pick something that matches your risk appetite and timeframe. Examples included in the rollout are BCH Turismo, HYPE Vértigo, XRP Estrato, SUI Urano and SOL Elegía, each showing different trade frequencies, holding periods and historical returns. If you're curious, the shared strategy links let you inspect the figures closely and load a configuration into Veles with minimal fuss. There's also a short-term incentive to try it out. New users who sign up for BitMEX, complete KYC and connect their accounts to Veles get seven days of commission-free trading on the Veles platform. On top of that, traders using BitMEX bots on Veles can qualify for up to 50,000 USDT in trading rebates. BitMEX is currently offering trading credits for verified new accounts as well, which lowers the friction for people who want to test automation without a big upfront commitment. For anyone who's spent nights glued to price candles, this partnership offers a different rhythm: design a plan, stress-test it, and let automation carry out the routine work. That said, automation isn't a magic switch; strategies still need sensible sizing, ongoing monitoring, and occasional adjustments when markets shift. Use the backtester, start small, and treat bots as tools that need supervision rather than one-click wealth generators. Overall, the BitMEX-Veles tie-up feels practical. It brings algorithmic workflows, typically the province of quant shops and developers, within reach of retail traders by packaging customization, safety (no withdrawal permissions), and a profit-aligned fee model into an accessible experience. If you've been thinking about automating parts of your trading, this is a solid, low-friction way to start. Market Opportunity Octavia Price (VIA) $0.001589 -4.92% Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

news.bitcoin.com
Feb 6th, 2026
Trade Smarter: BitMEX Brings Hyperliquid Copy Trading to Its Platform

Trade smarter: BitMEX brings Hyperliquid Copy Trading to its platform. BitMEX has launched copy trading that enables users to replicate the strategies of top traders from Hyperliquid. Through a dedicated leaderboard, users can copy or reverse copy up to five traders with customizable risk controls. Bridging centralized reliability with Perp DEX innovation. BitMEX has announced the launch of Hyperliquid copy trading, a new feature that allows users to mirror the strategies of top traders on Hyperliquid, the leading decentralized perpetual exchange (Perp DEX). The integration expands BitMEX's existing copy trading marketplace, giving users access to Hyperliquid's elite performers while maintaining the safety and streamlined experience of BitMEX's centralized platform. According to a media statement, Hyperliquid dominates the Perp DEX sector, accounting for more than 60% of open interest. Its perpetual contracts combine the leverage of futures with the flexibility of spot trading, enabling speculation without expiry dates. Therefore, by connecting Hyperliquid strategies to BitMEX, traders can benefit from decentralized innovation without direct exposure to decentralized finance ( DeFi) risks. A dedicated Hyperliquid tab showcases a leaderboard of top traders. Users can copy or reverse copy trades, automatically executed on BitMEX. Up to five traders can be followed simultaneously, with customizable risk controls such as stop loss and take profit. BitMEX CEO Stephan Lutz highlighted the milestone: "BitMEX pioneered the perpetual swap, now the industry standard for futures trading. Hyperliquid Copy Trading completes the circle, bringing the alpha of the world's leading Perp DEX to BitMEX users and embedding it into their workflow." For newcomers, the feature offers a hands-off way to follow proven strategies. For professionals, it provides visibility and a new avenue to attract followers. With this launch, BitMEX strengthens its position as a bridge between decentralized trading innovation and centralized reliability, reinforcing its role in the evolving crypto derivatives market. Faq. * What is Hyperliquid Copy Trading on BitMEX? It lets users mirror the strategies of top Hyperliquid traders directly on the BitMEX platform. * Why is Hyperliquid important in crypto markets? Hyperliquid dominates the Perp DEX sector with over 60% of open interest globally. * How can traders use the new feature? Users can copy or reverse copy up to five Hyperliquid traders with custom risk controls. * What makes this launch significant for BitMEX? It bridges decentralized trading innovation with BitMEX's centralized safety and reliability.

The Associated Press
Feb 5th, 2026
BitMEX launches Hyperliquid copy trading with $100K prize pool

BitMEX has launched Hyperliquid Copy Trading, allowing users to automatically replicate trades from top performers on Hyperliquid, a decentralised perpetual exchange holding over 60% of the market's open interest. The feature integrates Hyperliquid's trader strategies with BitMEX's platform security. Users can access a leaderboard ranking Hyperliquid traders by metrics including profit and loss, drawdown, win ratio and assets under management. Up to five traders can be copied simultaneously, with customisable risk management settings including take profits and stop losses. BitMEX CEO Stephan Lutz noted the company pioneered the perpetual swap format. To mark the launch, BitMEX is offering a 100,000 USDT prize pool for eligible users participating in copy trading.

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