Victoria, Seychelles, Tuesday, May 14, 2024 – BitMex, the crypto trading platform, on May 8 introduced Options Trading for popular cryptocurrencies like Bitcoin, DOGE, and Ethereum, partnering with PowerTrade, the crypto options trading platform, a post on Binance blog said. 1
There won’t be any trading fee for BitMax options from May 2024, according to a post on X. 2
“Users who deposit >$1,000 and trade 1 option on BitMEX will get a 20 USDC sign-up bonus,” BitMex posted on X. 2
Trading with BitMex offers several benefits. Traders can use Bitcoin, Ethereum, and USDC to margin their options. All options are priced and settled in USDC, with free asset conversions. In addition to Bitcoin and Ethereum options, traders can also access options for DOGE, SOL, XRP, and BNB. 2
“The newly unveiled platform is designed to cater to institutional traders, boasting features that align with the highest industry standards for performance and security. PowerTrade’s CEO, Mario Gomez Lozada, emphasized the synergy between BitMEX’s deep market liquidity and PowerTrade’s trader-focused technology. This collaboration aims to deliver a trading experience that is both seamless and superior in performance, catering to the needs of serious traders seeking effective and efficient trading tools,” one report said. 3
- binance.com: https://www.binance.com/en-AE/square/post/7837687439090 [↩]
- twitter.com: https://twitter.com/BitMEX/status/1788195185320665558 [↩][↩][↩]
- coingape.com: https://coingape.com/just-in-bitmex-launches-bitcoin-eth-sol-xrp-doge-options/ [↩]
