ETH Margin and Settlement: A New Way to Trade is Coming

In just a few short days, we’ll be unveiling a new way to trade your favourite perpetual and futures contracts on BitMEX – with margin and settlement in ETH.

This change will unlock new trading strategies and enhance the versatility of BitMEX as a whole. It’s all part of our ongoing focus to provide both our existing and new users with more margining options beyond Bitcoin and Tether. 

ETH-margined perpetual swaps and futures are now available on Testnet, where you can interact with a test market. You can also deposit ETH (or buy ETH via Spot, Convert, or Buy Crypto) into your Mainnet account ahead of ETH margin and settlement arriving on our exchange.

This introduction of ETH margining, follows last week’s launch of BitMEX Spot, allowing traders of all stripes to buy, trade, and sell crypto on our brand new, easy-to-use trading interface. Seven of the most popular cryptocurrencies – including Bitcoin and ETH – are available to trade against USDT, with more on the way.

Right now, BitMEX Spot traders will be automatically entered into one of the space’s biggest sweepstakes competitions. For every USD$250 equivalent they trade in crypto, they’ll earn entry and the chance to win their share of a prize pool valued at over USD$1 million. For more on this competition and BitMEX Spot, check out all the details here

Just like ETH margining, there are plenty more changes to come as we constantly enhance BitMEX – we look forward to seeing you on the platform.

To be the first to know about our contracts, new listings,  product launches and giveaways, you can connect with us on Discord, Telegram, and Twitter. We encourage you to also check our blog regularly. 

In the meantime, if you have any questions please contact Support.