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BitMEX

BitMEX is a cryptocurrency derivatives trading platform, founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed. Operated by HDR Global Trading Limited, BitMEX allows users to trade leveraged contracts on a wide range of cryptocurrencies, with prominent products including perpetual swaps and futures contracts. The exchange is known for its high-leverage options, offering up to 100x leverage on certain products, and for being one of the earliest platforms to pioneer perpetual swap contracts. BitMEX operates globally, catering primarily to professional and institutional traders, and requires users to complete Know Your Customer (KYC) verification for account creation. The platform also publishes market analysis, research, and supports both API and manual trading. BitMEX has faced regulatory scrutiny and enforcement actions, particularly from U.S. authorities, resulting in significant legal settlements and enhancements in compliance procedures. The official website is bitmex.com and its official Twitter presence is @BitMEX.