Cryptocurrency derivatives trade BitMEX has lately begun providing choices buying and selling to its person base.
BitMEX has launched choices buying and selling, developed in partnership with PowerTrade, a crypto choices platform. The cryptocurrency platform, identified for its high-leverage perpetual swaps, affords crypto choices margined in Bitcoin (BTC), USDT, or USDC.
Together with the launch of buying and selling, BitMEX affords zero commissions on all choices till the tip of Could. As well as, customers who deposit $1,000 or extra and commerce with at the very least one possibility will obtain a 20 USDC sign-up bonus.
The trade may even present academic sources for customers new to choices buying and selling or the BitMEX platform.
The trade affords buying and selling choices on cryptocurrencies equivalent to Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Binance Coin (BNB).
“Our minimal commerce sizes are one of many lowest within the trade (e.g. 0.01 for BTC and 0.1 for ETH).”
BitMEX announcement
Curiosity in cryptocurrency choices continues to develop within the crypto trade. Beforehand, a number of American inventory exchanges, together with Cboe, BOX, MIAX, Nasdaq ISE, and NYSE American, filed purposes with the U.S. SEC to launch choices on spot cryptocurrency ETFs.
Nevertheless, the regulator has not but taken motion on purposes, with public feedback being collected relating to the launch of such merchandise.
Because the U.S. lags in providing choices on crypto ETFs, two American congressmen—Mike Flood and Wiley Nickel—sent SEC Chairman Gary Gensler a letter demanding approval of choices on spot Bitcoin ETFs.