Bitmex - a cryptocurrency exchange
Cryptocurrency investments represent a large percentage of financial investments. Bitmex is one of the most popular cryptocurrency exchanges on the market. Are you looking for information about the Bitmex cryptocurrency exchange? You've found the right place! On the Tokeneo News, a website about cryptocurrencies, you can find the latest information about the Bitmex exchange.
Like most crypto exchanges, Bitmex has its office in Hong Kong. The founders have done many international projects and investments. They are: Arthur Hayes, Ben Delo and Samuel Reed. Although these are not names that are instantly associated with Hong Kong, HDR Global Trading Limited, the owner of Bitmex, is based in this particular corner of the world.
Even though the company was founded in 2014, so relatively recently, it has already become one of the market leaders. All this thanks to three wonderful and experienced investors who decided that it was time to conquer the cryptocurrency world.
Although the exchange has altcoins in its offer, it favors Bitcoin - the most popular (and the most expensive) cryptocurrency on the market. All payments can be made only in BTC and, what is more, all earnings and losses are also shown in this currency. Altcoins that Bitmex supports include: Dash, Ethereum, Ethereum Classic, Litecoin, Qtum, Monero, Ripple, Tezos and ZCash.
There is one more reason, because of which Bitmex is unique. It combines cryptocurrencies and Forex, which makes it possible to trade with the so-called leverage. Leverage is a term that not everyone knows and understands. Let me then explain quickly and briefly. Tthe majority of the investors on the market knows that by investing PLN 100, they can buy a token worth PLN 10,000. But it does not work that way. Bitmex offers a leverage of up to 100x. That is why, theoretically, we can buy a token for PLN 10,000, investing only PLN 100, but it has to be taken into account that if the profit is faster 100x, then during the currency drop, the loss will be equally fast. Some think that trading with leverage is just speculation. However, we will find out only after some time, if it really is a speculation.