Want to know more about Bitmex Signals? Everything is on this page
What is Bitmex?
The exchange has gained a lot of popularity due to the fact that it allows for traders to use a leverage of up to x100 on BTC/USD, up to 50X ETH and Ripple, up to x25 on ADA(cardano) and BCH, up to x20 for TRX and EOS, finally allowing up to x33 for LTC. Leverage is a very interesting instrument, it allows us to trade multiplying our assets by the selected level. However it is also a dangerous tool because the losses are also multiplied with the selected leverage. In really simple terms with a leverage of x100 you get $10,000 of investment for $100 invested.
BitMEX is a cryptocurrency exchange platform for professional traders.
Bitmex leverage and liquidations
Leverage on Bitmex is an important aspect for many traders, but it can make or break the entire account. The higher the leverage the closer the liquidation. Therefore you need to be extremely careful when using high leverage. We almost always use a max leverage of x10 for all of our Bitmex trading signals. A good source of informations for Bitmex liquidations is on the exchanges integrated Tradingview chart or in the menus where you can enable Liquidations Display.
Pros and Cons of Bitmex exchange
Pros
- High volume
- Easy to use and customizable interface
- Lots of interesting tools
- Tradingview integration
- Complete API
- Maker fees for market makers
- Ease of account creation
- Secure platform
Cons
- Financial trap for newcomers
- System overload issues when big moves occur
- Unstable API
- Long wicks that liquidate positions because of whales on the exchange
Bitmex signals
Bitmex is one of the most dangerous places a newcomer can encounter in his or her quest for profits. It is a merciless place where whales, bots and experienced traders take advantage of things like volatility, short and long position ratios, liquidity levels, and funding rates.
We at Sublime Traders strive to offer the best possible entries and exits for our Bitmex signals. We basically hold your hand whenever you are trading on this exchange. We provide in depth market analysis and use tools like liquidity scanner, big (whale ) trade monitor, cross exchange aggregated orderbook. All these incredibly powerful tools plus our years of experience let us provide the best possible service for our community.
We use telegram as our support channel for communicating with our clients, make sure you join our free channel or try our VIP services.