Updated:
BitMEX
BitMEX is a crypto derivatives exchange that offers trading with up to 250X leverage and low fees. The platform has over 2.1 million traders and has not lost...
BitMEX
BitMEX is a crypto derivatives exchange that offers trading with up to 250X leverage and low fees. The platform has over 2.1 million traders and has not lost any funds to hacks since 2014. It provides features such as copy trading, staking rewards, and institutional APIs.
General information
Firm type
Asset Manager
Year founded
2014
Location
Region
North America
Country
United States
City
Menlo Park
Corporate office
Menlo Park, CA, United States
Additional offices
Burlingame · Palo Alto · San Francisco · Minneapolis · Beijing · Santa Monica · New York · Nicosia · Shanghai
Sector focus
Frequently asked questions
Who founded BitMEX?
BitMEX was founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed, who built the exchange as a Bitcoin derivatives platform.
What products does BitMEX offer?
BitMEX offers perpetual swaps and futures on Bitcoin, Ethereum, and traditional assets like FX and equities, with leverage up to 250x. It also launched spot trading in May 2024.
How does BitMEX ensure security?
BitMEX claims zero funds lost to hacks since 2014, verified by daily proof of reserves. It maintains a $250 million insurance fund as a backstop for winning trades.
What is the BitMEX token (BMEX) used for?
BMEX is the native token that offers staking rewards up to 7.5%, trading fee discounts up to 75%, and zero withdrawal fees. It is also used for VIP priority.
Can US residents use BitMEX?
No, BitMEX explicitly excludes US persons from its platform, as indicated by its 'US Person Definition' policy on the website.
Does BitMEX serve institutional clients?
Yes, BitMEX provides institutional APIs (REST and WebSocket), ultra-low latency sub-4ms execution, and supports copy trading from top traders, targeting both retail and professional traders.
Where are BitMEX's offices located?
BitMEX has offices in Menlo Park, Burlingame, Palo Alto, San Francisco, Minneapolis, Beijing, Santa Monica, New York, Nicosia, and Shanghai.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: