[PRESS RELEASE – Mahe, Seychelles, January 8th, 2025]
BitMEXOG Crypto Derivatives Exchange Announces Launch of Multi-Asset Margin. This innovative feature allows traders to use multiple margin currencies, including USDT, USDC, ETH, and XBT (Bitcoin), to trade derivatives contracts without the hassle of asset conversions or wallet transfers. The tool was designed to streamline the trading process, improve flexibility and increase capital efficiency, allowing users to trade more currencies of their choice, and the list of currencies will be expanded in the future.
With the addition of multi-asset margin, users can open and hold positions using currencies other than a contract’s settlement currency. This eliminates the time-consuming step of asset conversions, allowing users to hold multiple currencies to gain exposure to various markets simultaneously.
Unlike the requirements set out on most exchanges, BitMEX ensures a frictionless trading experience: users can deposit their preferred currency and start trading immediately without the need to shuffle funds between wallets.
Stephan Lutz, CEO of BitMEX, said: “The launch of Multi Asset Margining on BitMEX marks a transformative milestone in simplifying trading for our users and improving their capital efficiency. By eliminating the need for tedious asset conversions and wallet transfers, this feature not only simplifies the trading process but also opens up new opportunities for our users to maximize their capital and seamlessly interact with the crypto derivatives market. Looking ahead to 2025 and the next decade, we want to affirm our commitment to creating a more accessible and efficient crypto trading ecosystem.”
How Multi-Asset Margin Works
BitMEX’s new multi-asset margin system automatically allocates a user’s funds to meet the margin requirements of their positions as efficiently as possible. Traders can easily enable the feature through their account settings and monitor their available margin on the Wallet page.
Users can start by:
- Navigating to the order form on the left side of the business user interface.
- By clicking the ‘Single Asset’ button in the top left corner of the order form. In the pop-up window, select ‘Multi-Asset Margin’.
- The ‘Single Asset’ button should be changed to ‘Multiple Asset’.
- Start trading with a preferred margin currency.
For full details on how multi-asset margining works on BitMEX, users can visit the FAQ page here or the BitMEX Blog.
About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that meets their needs through low latency, deep native crypto liquidity, and unmatched reliability.
Since its founding, no cryptocurrency has been lost due to intrusions or hacking, allowing BitMEX users to trade safely knowing their funds are safe. Also that they have access to the products and tools they need to be profitable.
BitMEX was also one of the first exchanges to publish its Proof of Reserves and Proof of On-Chain Liabilities data. The exchange continues to publish this data twice a week, ensuring that they securely store and segregate the funds entrusted to them.
To learn more about BitMEX, visit the BitMEX Blog either www.bitmex.comand continue Telegram, Twitterr, and his online communities. For further inquiries, users can contact [email protected].
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