Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
One of the world’s leading crypto derivatives platforms is no longer-Bitcoin only.
MAHE, Seychelles, 10 November 2021 - BitMEX, one of the world’s leading crypto derivatives platforms, is delighted to announce that its traders can officially margin and settle with Tether (ERC20-USDT) on the platform as of 10 November at 04:00 UTC.
BitMEX will list nine USDT-margined contracts. They include seven perpetual linear swaps on XBT, ETH, XRP, LTC, BCH, DOGE, and SOL and two linear futures contracts on XBT and ETH.
BitMEX is rolling out the following incentives to celebrate:
- Trade for free. There will be zero fees on all USDT-margined contracts for 30 days (until 9 December).
- Levelling up referral rewards. BitMEX will pay out USDT 1500 for affiliates who refer a total of USDT 15 million in volume through 9 December.
- Early depositors, rejoice. If a trader deposited before 10 November and maintains a minimum balance of USDT 250 until 9 December, they’ll receive a USDT 50 bonus.
- Did someone say swag? We’re also rewarding our early depositors, users, and referrers with personalised swag and limited-edition NFTs.
Alexander Höptner, CEO of BitMEX, said:
“Adding Tether to BitMEX is our way of embracing the coming tidal wave of retail adoption. But the big picture here is less about Tether itself, and more about how this opens up the range of products that BitMEX can offer. This approach, with a new suite of products, is designed to offer more trading opportunities for everyday users.”
He added: “We’re going Beyond Derivatives, and Tether-margined products are an important milestone in our transformation. But we’re also keeping the things that set BitMEX apart from the rest: superior trading technology, ironclad security, and the biggest insurance fund in the business.”
For more information, please visit our website.
About BitMEX
BitMEX is the next-generation cryptocurrency trading platform, which supports leveraged trading via Perpetual and Futures Contracts. Our mission is to professionalise the trading of cryptocurrency derivatives. We offer a fast, safe, and liquid way to trade and hedge cryptocurrency risk. For more information, visit www.bitmex.com.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.