The Currency Analytics
By Dan Saada
BitMex Adding Trading Pairs
BitMex is the Bitcoin Mercantile Exchange facilitating P2P trading, providing for the Next Generation of Bitcoin Trading Products with up to 100X leverage.
BitMex is advanced in terms of technology. The volume reporting is facilitated in the website. Statistics speak for themselves.
Arthur Hayes, Co-Founder and CEO at BitMEX, stated, “Repeat after me “BCASH BCASH BCASH”.
BitMex tweeted: “Following the success of our other quanto contracts, we’ll be launching a BCHUSD quanto perpetual swap on 16 June.”
Traders are excited about the BitMex’s BCHUSD 25x quanto perpetual swap, which is permitted for trade all day without touching either.
TheBCHUSD quanto perpetual swap contract providing for 25x leverage will be launched on June 16, 2020, at 04:00 UTC.
All the three Quanto contracts contribute to the further diversification of trading opportunities for their users.
As always, mixed opinions are doing the rounds. Some are wondering if the trading engines are capable of handling the regular volatility for BTC.
In reality, there seem to be a lot of protestors. Lot of complaints happening about the overload engine.
For those who are trading more, they well know that BitMex provides a wide variety of contract types. All of the contracts are bought and paid out as Bitcoin.
While there have been many scam complaints in a previous interview, the CEO clarifies in a candid conversation, and defends why BitMEX is set up in Seychelles, the promise of…