How to trade on BitMEX with leverage?

The first step that a trader has to take to trade on BitMEX with leverage is to open a BitMEX account. To do this, enter into the BitMEX website and then register your account by creating a password and providing your email address in the box shown on the right side of your screen.

What is BitMEX and how does it work?

It’s using borrowed funds, typically from your broker, to open a position larger than one could with just the funds on the exchange. This increases both your reward, but also your risk. Bitmex offers up to 100x leverage (on the default risk limit), and by using leverage, you encounter the concept of liquidations.

Is BitMEX safe for crypto investors?

Yes, BitMEX is safe for crypto investors. It uses multi-signature access, 2FA verification, and cold storage for protecting assets and trades. Is BitMEX a Good Trading Platform?

How are BitMEX fees calculated?

The fees by BitMEX are calculated by contract size and by order type. If you buy 1000 contracts with 1x for 0.2510 BTC or 1000 contracts with 100x for 0.0028 BTC there is no difference in the charged fees.